London, (IANS) : Tata Steel workers in the UK on Wednesday voted robustly in favour of accepting steel producer's proposal on pensions, jobs, investment and production. As many as 72.1 per cent of the members who turned out for votes from Community and 75.6 per cent...
New York, (IANS) : Oil prices fell on Monday as signs of rising US crude output continued to weigh on prices. The US rig count last week was up 8 to 591, Xinhua news agency cited data released by oilfield service company Baker Hughes. Analysts said the investors are...
Kolkata, (IANS) : Coal India Ltd (CIL) on Saturday reported a 20.25 percent fall in consolidated net profit to Rs 2,884.47 crore in the quarter ended December 31, 2016 against Rs 3,617.18 crore in the corresponding quarter last year. Its net sales for the quarter...
New Delhi, (IANS) : The proposed merger of the Indian state-run oil and gas companies would face significant execution challenges in managing integration of employees, addressing overcapacity in the merged entity and getting support for the merger from private...
New Delhi, (IANS) : There would be no extension of the minimum import price on 19 products, Steel Secretary Aruna Sharma said on Monday. "Two months back, we had announced minimum import price (MIP) on 19 items. We intervened and 19 items were kept under minimum...
New Delhi, (IANS) : State-run Steel Authority of India Ltd (SAIL) on Sunday said it has identified five core areas, including optimisation of new assets utilisation, to turn ongoing challenges into opportunities in a context where the business environment is extremely...
Beijing, (IANS) : China urged the US to correct its unfair decision to impose high anti-dumping and countervailing duties on imports of Chinese stainless steel sheet and strip. The US Department of Commerce said on Thursday that it had determined that imports of...
New Delhi, (IANS) : The government's demonetisation move appears not to have affected the demand for gold, which went up by 3.3 per cent in the fourth quarter (October-December) of 2016, data released by the World Gold Council showed on Friday. However, gold demand...
Kolkata, (IANS) : Coal India Ltd (CIL) on Thursday reported that its production grew by 5.5 per cent to 55.99 million tonnes (mt) in January as compared to 52.86 mt in the corresponding month last fiscal, but the production during April 2016 to January 2017 remained...
By Aparajita Gupta, New Delhi, (IANS) : India's demonetisation drive has impacted gold demand in the short term but buying is showing signs of revival and post the presentation of the national budget on February 1, the market will be back to normal, says the India...