Petroleum Minister M Veerappa Moily’s plan to cut foreign exchange outflow on crude oil import via Iran is set to hit a block. The minister had suggested 11 million tonnes of crude oil import......
Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions.......
India's nuclear power programme is unlikely to be affected by the ongoing global slowdown since Nuclear Power Corporation of India -- the sole company authorised to set up nuclear plants in the......