Oil’s advance to the highest since 2014 is squeezing the carry-trade returns on the Indian rupee to a point where they are the worst in Asia.
Indian conglomerate Adani Enterprises Ltd. will miss its original deadline to start shipping thermal coal from one of the world’s biggest planned mines due to funding difficulties, even as it eyes export deals with Asian companies.
Gas guzzler might soon have a different meaning in India.
Scraping the bottom of the oil barrel for cheap fuel may be turning into a multibillion-dollar headache for India’s largest crude refiner.
GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to renegotiate, according to people with knowledge of the matter.
Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices.
Talk to a major oil executive these days, and the chances are they’ll steer the conversation toward gas.
Tata Steel Ltd. on Friday became the the first company to sign a long-term tariff contract with the Indian Railways which will give the steelmaker the benefit of lower freight costs.
Transport Minister Nitin Gadkari on Thursday stressed the need to reduce infrastructure logistics cost of ports, railways freight and roadways by 4-6 percent to compete in the international market.
With Donald Trump pulling the U.S. out of the the Paris climate accord, China and India will have to shoulder the burden of keeping a lid on global warming.