Narendra Modi’s ‘oil luck’ and Iran’s oil crisis

Narendra Modi’s ‘oil luck’ and Iran’s oil crisis

The West Asian cauldron is cooking a bloody potion, which when served has the potential to numb the economic nerves of most nations, including India. There is heightened tension over the recent attack on two Saudi Arabian oil tankers off the coast of the United Arab Emirates

Coal India plans 530 MT coal to power sector in FY’20

Coal India plans 530 MT coal to power sector in FY’20

Coal India will supply 530 million tonne of coal to the power sector in 2019-20, a 8.6 per cent rise over the previous year. Though the annual production for the current fiscal have not been finalised yet, it is likely to be around 650 million tonne, sources told PTI.

What higher oil prices mean for India

What higher oil prices mean for India

The increase in crude oil prices was expected in case the US decided not to extend the timeline for sanctions against Iran. Hence, the decision to withdraw the waiver post May 2 was not a surprise.

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