"The new leadership (in China) should use common sense and seek truth from fact. Policy of the new leadership should be based on seeking truth from fact," he said, adding that this will help in creating harmonious and united society.
With this OVL's stake in the block, where Royal Dutch Shell is the operator, has increased to 27 percent, he said adding this would add 6,000 barrels of oil production to the company's kitty. OVL presently holds 15 percent interest in the block.
The action plan aims at improving workers safety in Bangladesh in the wake of global uproar following the collapse of a commercial building here in April that killed 1,129 people in one of the world's worst industrial disasters.
Kolkata-based FMCG maker Emami is expecting its margins will see some improvement going ahead, helped by lower cost of raw materials like menthol.
Four people, including two factory owners, were arrested in connection with a building collapse disaster in Bangladesh that killed at least 346, as rescuers raced against time to save people trapped under the mangled pile of metal and concrete.
The growing popularity of Twenty20 internationals will not harm test cricket because the two formats of the game can thrive together, former West Indies captain Brian Lara said on Thursday.
Japan's deputy Prime Minister confirmed fresh financial aid for Myanmar on Friday during a visit to an industrial zone that underlined the long-isolated nation's growing importance as an economic partner.
Fake currency supplied from across the border is a problem and steps are being taken to deal with it, finance minister P Chidambaram said on Thursday. "Fake currency is a problem. This is a problem that arises from across the border," he said during Question Hour in the Rajya Sabha.
NH Bhansali, CEO, Emami Group explains to CNBC-TV18 that the company plans to sustain growth at 17 percent on high rural consumption and increased capacities from manufacturing facilities in Bangladesh and Egypt.
India today said the issue of its favourable balance of trade with Bangladesh is sought to be addressed by encouraging investments into the neighbouring nation.
A fire swept through a garment factory on the outskirts of Bangladesh's capital on Saturday, killing at least nine people and injuring more than 100, police and witnesses said.
Bangladesh's leading privately held electricity provider, the Summit Group of Companies, plans to build a power plant in Bhutan, Summit chairman Muhammad Aziz Khan said on Sunday.
India ranks 173rd this year as compared to its 169th position last year, on the 'ease of starting a business' ranking grid.
Concerned about its high debt of Rs 1,400 crore, tyre maker Ceat plans to outsource more production to cut capital expenditure, group CFO Manish Dugar says. The RPG-Group company is also focusing on exports and will strengthen presence in other Asian markets to boost profits, at a time domestic sales are sluggish.
India ranks very low at 111th position in terms of economic freedom, behind countries like China, Nepal and Bangladesh, a global study has claimed in a worldwide index of 144 nations.
The steepest ever Rs 5.63 a litre hike in price not withstanding, diesel in India is still cheaper than its neighbours Pakistan and Bangladesh as also the US and the European countries. Diesel prices were on September 14 raised by Rs 5.63 per litre to Rs 46.95 a litre in Delhi.
The Indian economy in the past seven decades has certainly grown rapidly. From a 3.5% Hindu rate of growth until the 80‘s to a 5% growth in the 80‘s to 6% in 90‘s to 8% in the 2000s, reports CNBC-TV18's Gopika Gopakumar.
Home Minister P Chidambaram today said that Assam is the "most complex state" administered inthe country as people of various groups live here. The Home Minister comments came after reviewing security and rehabilitation work being carried out in the violence-hit areas of Assam.
The erection of barbed wire fencing in Tripura along the 865-km-long border with Bangladesh has enhanced security, but has led to the decline of age-old pineapple cultivation in the state.
Sheikh Mujibur Rahman, the architect of Bangladesh's independence, never allowed his daughter Sheikh Hasina to read an autobiography he wrote when he was lodged in Dhaka central jail.
India's second largest commercial vehicle maker Ashok Leyland has secured an order from Bangladesh Road Transport Corp (BRTC) to supply 50 vestibule buses under the Indian line of credit scheme offered to improve urban transportation in that country.
India's monsoon may not arrive on Friday due to a cyclonic pressure over the Arabian Sea but the annual rains are still expected to arrive nearly on time, weather officials said on Thursday.
Luggage maker VIP Industries said it has incorporated a wholly-owned subsidiary in Bangladesh to set up a luggage manufacturing plant.
US Secretary of State Hillary Clinton will visit India early next month as part of a three-nation Asia tour to consult with the Indian leadership on key regional and global issues including Afghanistan, Pakistan, China and Myanmar.
The US Pacific Tsunami Warning Centre on Wednesday cancelled the tsunami watch for the Indian Ocean areas, hours after two major earthquakes, measuring 8.6 and 8.2 on Richter Scale, hit Indonesia.