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25 killed, 250 rescued in Madhya Pradesh twin train tragedy

 Twenty-five people were killed and 50 others injured when two express trains passing each other derailed while crossing a railway bridge struck by flash floods in Harda district of Madhya Pradesh......

India pays Cairn Rs 7,900 cr to settle retro tax dispute

 The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's......

Cairn India may get only 5 years more in Rajasthan block

 Cairn India is unlikely get more than five years of extension for its Barmer block, with the Directorate General of Hydrocarbons rejecting its proposal for a 10-year contract extension up to 2030.......

PM asks foreign investors to invest in India

 Indian Prime Minister Manmohan Singh, on Saturday asked foreign investors to invest in the country. Singh was in Barmer district of Rajasthan to inaugurate a terminal for supply of......

Rajasthan may finally get refinery at Barmer

 As Cairn India began to pump crude oil on Monday from its Mangala oilfield, there was a flicker of hope for Rajasthan which has for long demanded a refinery at Barmer to process the crude oil.......

ONGC may drop Rajasthan refinery plan

 Oil and Natural Gas Corporation is likely to abandon the proposed Rs 8,000 crore (Rs 80 billion) refinery at Barmer in Rajasthan if Cairn Energy declines discounts on the low grade crude oil the UK......

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