India bullish on strategic oil reserve plan

India bullish on strategic oil reserve plan

India has decided to fast track its plan to augment its strategic oil reserves facility with 90-100 days stock to shield itself from supply disruptions coming from perennial political risk in the prime oil supplying countries in the Middle East and Africa.

FinMin to take review meet on NPA recovery next week

FinMin to take review meet on NPA recovery next week

With little possibility of the two big ticket IBC cases — Essar Steel and Bhushan Power and Steel — happening this fiscal, the Department of Financial Services (DFS) will meet the PSU banks on March 18 to review the status of their non-performing assets (NPAs).

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