Apr 18, 2016 at 07:50 | Source: PTI
The visit from April 17-19 "is aimed at following up on the ambitious agenda set between India and Bangladesh during the visit of Prime Minister Narendra Modi to Bangladesh in June last year," an official statement said here.
Apr 17, 2016 at 17:54 | Source: PTI
India and oil-rich Iran today decided to significantly expand engagement in their overall ties, particularly in boosting Indian investment in joint ventures in oil and gas sectors in the Persian Gulf nation where foreign investors from major economic powers are rushing in to get early footholds after lifting of nuclear sanctions.
Apr 17, 2016 at 16:23 | Source: PTI
Resetting ties, India and Iran today held extensive talks on stepping up engagement on a range of key areas, particularly to increase Indian investment in oil and gas sectors in the Persian Gulf nation which has opened several lucrative sectors after lifting of sanctions under a landmark nuclear deal.
Apr 14, 2016 at 12:11 | Source: Moneycontrol.com
Gulf Oil International Mauritius INC bought 851,172 shares of Gulf Oil Lubricants at Rs 531 per share on the NSE.
Apr 13, 2016 at 12:35 | Source: Moneycontrol.com
And while India has been the top remittance receiving nation for many years now, inflows declined around 5 percent in 2015 as a slowing global economy and plunging oil prices affected jobs and income
Apr 13, 2016 at 11:36 | Source: PTI
"Generally, weaker remittances will immediately impact the recipient countries' credit profiles via their balance of payment positions. A prolonged fall would also hurt economic growth, given the importance of remittances to household incomes," it said in a report.
Apr 11, 2016 at 07:46 | Source: PTI
Oil Minister Dharmendra Pradhan, on a two-day visit to Tehran from April 9, also discussed with his Iranian counterpart the repayment of nearly USD 6.5 billion that Indian refiners owe to Iran, but there is no agreement yet on rights to develop Farzad-B gas field in the Persian Gulf discovered by OVL.
Apr 11, 2016 at 07:44 | Source: PTI
The six Gulf Cooperation Council (GCC) states, which heavily rely on oil earnings, are expected to post a shortfall of USD 318 billion in 2015 and 2016, Kuwait Financial Centre (Markaz) said in a report.
Apr 05, 2016 at 10:14 | Source: PTI
The settlement, first announced in July, includes USD 5.5 billion in civil Clean Water Act penalties and billions more to cover environmental damage and other claims by the five Gulf states and local governments.
Mar 23, 2016 at 08:45 | Source: Reuters
India, the world's third-biggest oil importer and fourth-biggest consumer, wants to increase dealings with Gulf countries that supply the bulk of its oil needs.