Khurshid to discuss oil import issue with Iraqi counterpart

Even as the Reserve Bank of India (RBI), on Monday, maintained that reducing the current account deficit (CAD) is a challenge and pitched for stable foreign inflows to finance the widening gap, Finance Minister P. Chidambaram asserted that the only way to ...

He said India was spending between Rs.7 lakh crore to Rs.8 lakh crore annually to import oil and if this continues, economy would be severely hit.

The row threatens to hit supplies to Asian buyers such as Malaysia's Petronas, China National Petroleum Corp (CNPC) and India's ONCG Videsh, which run the oilfields in both countries CAIRO: Sudan and South Sudan are prepared to take steps, brokered ...

Source: IRIS (19-JUN-13) Comments | Post Comment Indian equities continued to fall on Wednesday. At 10.22 a.m., the Sensex was trading down 101.61 points or 0.53% at 19,121.67 with 21 components falling. Meanwhile, the Nifty was trading lower by ...

Crude Oil prices at India's Multi Commodities Exchange (MCX) witnessed a positive phenomenon. The June Contract is now trading around Rs 5776-5817 per bbl levels. Crude rose after data pointing towards a strengthening U.S. economy eased some ...

Indian markets were trading down by over 0.5 per cent in the late morning session on Wednesday on sustained selling by funds and retail investors owing to weak Asian cues. At 11.01 a.m., the 30-share BSE index Sensex was down 97.17 points (0.51 ...

The gunmen launched their assault on the Singapore-flagged tugboat MDPL Continental One around 30 nautical miles from land on June 13, the security sources said.

Indian markets settled flat with positive bias on Wednesday. Consumer durables, metal, realty, oil & gas and banking stocks gained. However, auto, power, PSU and healthcare witnessed a fall. Ben Bernanke, US Federal Reserve chairman, will deliver ...

India's biggest oil and gas producer, the state-owned ONGC, is losing favour among the analyst community due to concerns over production growth. The expected revision in natural gas prices could be the only positive trigger for the stock and for ...