Iran’s foreign minister has upbraided India for adhering to far-reaching US economic sanctions against the OPEC member, saying that the Islamic republic had expected its long-standing ally to be “more resilient” in the face of what he called Washington’s bullying.
Three Chinese banks are suing the brother of Asia’s richest man in a London court for failing to pay back $680 million in defaulted loans. The Industrial & Commercial Bank of China Ltd., China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani’s firm Reliance Communications Ltd
Half of India’s strategic petroleum reserve is empty. Empty caverns are not good contributors to energy security – something government officials and oil industry executives realised recently when they sat to count their fall-back options after a drone attack on Saudi Arabia removed 5% of global oil supplies from the market.
A Delhi court on Monday asked the CBI and the ED to provide documents to the accused including former Bihar chief minister Lalu Prasad Yadav, his son Tejahswi and wife Rabri Devi in IRCTC scam cases on February 14 and 25 respectively.
Senior advocate R S Cheema, who was appointed special public prosecutor in 2014 by the Supreme Court in the coal block allocation scam cases, on Friday expressed his willingness to be relieved from the money laundering cases arising out of the matter.
Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry’s preparations for the biggest switch in fuel standards in decades.
Did you know that state-run Indian Oil Corporation Limited (IOCL) provides an SMS-based service to notify current fuel prices in different locations in the country? Indian Oil Corporation – the country’s largest fuel retailer – provides an SMS-based service
Pakistan has assured Turkmenistan that rising tensions with India will have no effect on TAPI gas pipeline project, a media report said on Sunday after doubts were raised over the future of the USD 10 billion trans-national project in the wake of fresh tension between New Delhi and Islamabad over Kashmir.
Fuel prices in India remain stubborn despite a massive slump in global crude oil rates in recent months. Ideally, this drop in international oil prices should reflect in cheaper petrol and diesel back home – but that’s not happening.
Uttar Pradesh Energy Minister Shrikant Sharma on Tuesday defended his government’s decision to hike the power tariff for various consumer categories in the state. “Electricity rates have been increased by only 11.50 per cent.