Oil Minister Dharmendra Pradhan, in a written reply to a question put to him in the Lok Sabha, said private companies were allowed to sell petrol and diesel in March 2002. From April 2002, fuel pricing was also deregulated.
In the words of Peter Navarro, director of the White House National Trade Council, the US can institute tariffs on foreign goods without starting a global trade war or violating WTO rules.
Union Minister for Minority Affairs Mukhtar Abbas Naqvi visited the dargah to offer a 'chadar' on Modi's behalf.
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This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Renewable energy solution provider Suzlon Group today said it has won two wind power projects of 300 MW and 200 MW.
Called the ‘doorstep delivery of fuel’, IOCL announced this initiative on Twitter. The image posted on Social Media platform shows a truck with a fuel tanker attached to a dispenser.
Pending decision on eligibility of bidders for debt-laden Essar Steel, lenders and Insolvency Resolution Professional (IRP) are likely to meet on Wednesday and take up the option of rebidding, sources said.
The government today ruled out any plan to rank Kendriya Vidyalayas (KVs) in the country on lines of universities and colleges.
A bench headed by Justice Ranjan Gogoi issued notice to the dentist couple, who were acquitted by the Allahabad High Court in the twin murder case in October last year.
The BJP-IPFT government is facing a "huge financial burden" due to the previous dispensation's "failure" in proper planning, Tripura Deputy Chief Minister Jishnu Devbarman has said.
UltraTech Cement today said it has entered into an agreement with Binani Industries to buy 98 percent stake in its debt ridden subsidiary Binani Cement Ltd (BCL) which is going through insolvency proceedings.
Gayatri Projects in focus as the company reduces gross debt by Rs 40 crore in 11 months of FY18. In an interview to CNBC-TV18, TV Sandeep Reddy, MD of the company spoke at length about the debt paring plans and gave his outlook for the future.
This includes a Unified Payment Interface (UPI)-based solution for instant fund transfers, and an option for facilitating cash deposits at automated Cash Deposit Machine (CDM) available at ICICI Bank branches and ATM locations across the country, Swiggy said in a statement here.
The company had recently ended its brand endorsement partnership with Bollywood actor Ranveer Singh.
Located on the river Kishanganga, a tributary of the Jhelum in Bandipora district, all the three units of the 340 MW project will generate 1,350 million units (MU) of clean electricity annually, a Bhel statement said.
U.S. West Texas Intermediate (WTI) crude futures were at $62.14 a barrel at 0739 GMT, down 20 cents, or 0.3 percent, from their previous close.
The medium-term story on India has not changed despite a 10 percent kind of fall from highs and is reasonably intact. It is one of the fastest growing large economies in the world.
The company, which will launch an SUV by the second quarter of next year, has already started investing Rs 2,000 crore on upgrading the Halol plant in Gujarat which it had acquired from General Motors last year.
Alibaba, which already owns 83 per cent of Lazada with two investments totalling USD 2 billion as of June last year, has been trying to acquire both online and offline assets to further bolster its business.
In its short nine years of existence, bitcoin has seen numerous instances of massive slides eroding investor's money and they coming back to an all time high
Wang, 65, would also continue to head the Foreign Ministry, becoming the first Chinese official to hold the dual post in recent years.
The move is intended to block lenders decision to hand over Binani to Dalmia Bharat
The bank is aimed to raise Rs 4,413.4 crore - Rs 4,473 crore at a price of Rs 370-375 per share, respectively.