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Fed relief lifts Asian stocks, dents dollar

Last Updated: Thursday, July 10, 2014, 09:06

Asian stocks rose and the dollar dipped on Thursday after the Federal Reserve indicated it was in no rush to end quantitative easing and begin raising interest rates.

US blacklists UAE company for helping Syrian regime

Last Updated: Wednesday, July 09, 2014, 21:46

The US Treasury placed a United Arab Emirates company on its sanctions blacklist today for selling speciality oil products to the Syrian government.

Economic Survey: ONGC highest profit-making PSU, BSNL worst performer

Last Updated: Wednesday, July 09, 2014, 19:43

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

Oil falls below $109 as Libya restarts oilfield

Last Updated: Wednesday, July 09, 2014, 10:05

Easing worries over possible disruptions to supply from the conflict in Iraq also dragged on prices.

India pays second installment of $550 mn to Iran in oil dues

Last Updated: Tuesday, July 08, 2014, 20:05

India on Tuesday paid the second installment of USD 550 million to Iran to clear over one-fourth of its dues for oil imports from the Persian Gulf nation.

Iraq crisis led to rupee depreciation: Govt

Last Updated: Tuesday, July 08, 2014, 16:32

The hardening of international oil prices and market expectations on the same could be the main reason that led to the depreciation of the rupee.

'Simple regulatory farmework to help India attract investment'

Last Updated: Monday, July 07, 2014, 20:14

Agarwal said that though India has the world's fourth largest coal deposits and seventh largest deposits of iron ore.

Gas allocation to be rejigged, CGD projects to get 1st priority

Last Updated: Monday, July 07, 2014, 16:05

Presently, urea-manufacturing fertiliser plants have the first right over the domestically produced gas, followed by LPG plants and power stations.

Gas price revision can happen even before October 1: Pradhan

Last Updated: Sunday, July 06, 2014, 01:27

Weeks after implementation of a contentious gas pricing formula was put off by three months, Oil Minister Dharmendra Pradhan on Saturday indicated that gas price revision may happen well before October 1.

Health benefits of Eucalyptus oil

Last Updated: Saturday, July 05, 2014, 15:26

Eucalyptus oil is extracted from the leaves of eucalyptus tree.

Oil tankers destroyed as rockets hit Kabul

Last Updated: Saturday, July 05, 2014, 13:09

Several oil tankers caught fire and were reduced to ashes as three rockets fired by militants slammed into a parking lot in the western part of Afghanistan`s capital Kabul, drivers at the site said.

Egypt raises fuel prices to slash subsidies

Last Updated: Saturday, July 05, 2014, 08:04

Egypt's government has drastically raised fuel prices to tackle a bloated subsidy system, in a potentially unpopular move that could present newly elected President Abdel Fattah al-Sisi with his first serious challenge.