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2 killed, 13 injured in explosion at Gulf Oil Corporation factory

  Two people were killed and at least 13 others suffered burn injuries, after an explosion at the premises of Gulf Oil Corporation Ltd (Explosives Division), formerly known as IDL......

Corporate spying: 2 oil ministry staff among 5 held

Cracking down on a suspected case of corporate espionage, Delhi Police on Thursday arrested two oil ministry officials and three other middlemen for allegedly leaking classified government......

Oil tanker arrives in Vizag after Iran release

Shipping Corporation of India's oil tanker, MT Desh Shanti, which was detained in Iran for 26 days, arrived at Visakhapatnam port in the early hours on Wednesday, sources said. "The tanker reached......

Moily denies giving favours to get funds for his trust

Refuting allegation of misusing position to get corporate funding for his family-run NGO, Oil Minister M Veerappa Moily on Wednesday said he had at no point extended any help or favour to any......

Bomb found outside IOC refinery in Assam

A powerful country-made bomb was recovered from a bag near the main gate of the Indian Oil Corporation's refinery in Guwahati on Tuesday. The bomb was kept in a bag in front of the gate of the......

After dipping for 7 yrs, ONGC oil production inches upwards

State-owned Oil and Natural Gas Corporation (ONGC) has reversed a seven-year decline in its crude oil production, showing a marginal increase in output in 2014-15, a top official said. ONGC......

India to help Lanka develop regional petro hub; IOC signs pact

India will help Sri Lanka develop its Trincomalee town as a regional petroleum hub and Indian Oil Corporation has reached a joint-development pact with Ceylon Petroleum Corporation, Prime Minister......

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

The government is likely to exempt Oil and Natural Gas Corporation and Oil India Ltd from payment of fuel subsidy during the rest of the fiscal due to steep decline in global oil rates to around......

Would a falling oil price boost GDP growth?

Positive correlation exists between not only crude oil prices and GDP growth but corporate earnings, too. If you think the ongoing historic decline in crude oil prices would reduce inflation, the......

IOC to automate all petrol stations in 3 years

Indian Oil Corporation is in the process of automating its petrol stations and aims to complete the work in the next three years, a top official said. "In the retail front, we have taken a major......
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Oil Min rejects RIL arbitration notice, terms it untenable

L) latest arbitration notice challenging the government decision to take away 814 sq km of its KG-D6 gas block, saying it was misconceived and... ...

http://www.business-standard.com/article/pti-stories/oil-min-rejects-ril-arbitration-notice-terms-it-untenable-115042600194_1.html
Is Indian economy capable of attracting foreign investment?

The Indian economy at present needs to achieve these twin objectives; any divergence between them would nullify the positive gains realised from... ...

http://www.rediff.com/money/column/column-is-indian-economy-capable-of-attracting-foreign-investment/20150426.htm
20 dead, tremors felt across country

A government official in the eastern state of Bihar says at least 14 deaths were reported in seven districts. (Photo: PTI) Officials say at least... ...

http://www.asianage.com/india/massive-quake-nepal-shakes-india-20-dead-tremors-felt-across-country-294
India Inc in growth phase? Factors that will decide fate

It is evident that businesses have begun to wonder about the government as it approaches its first anniversary, even as the cloudy monsoon forecast... ...

http://www.rediff.com/money/column/column-india-inc-in-growth-phase-factors-that-will-decide-fate/20150425.htm
Direct markets for 25 lakh farmers

The Maharashtra government is developing a value chain through public-private partnership (PPP) to make available to nearly 25 lakh farmers across... ...

http://www.asianage.com/mumbai/direct-markets-25-lakh-farmers-248

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