The fields have reserves of about 89 million tonnes
IOC, the key importer of petrol, has sought almost 700,000 tonnes for March-September delivery.
It also named bosses for Bank of India, IDBI Bank Ltd and Punjab National Bank from within the state sector
The rupee fell 1.87 percent against the dollar this week, its biggest fall since late April.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
The government freed diesel pricing last October, providing a level playing field to private companies like Reliance and Essar Oil.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
The shift comes as the gap between the international benchmark Brent and the Middle East price marker narrows
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
The United States wants India to wait for a final nuclear deal between Tehran and world powers before actively engaging with Tehran.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
New Delhi has missed its target for partial privatisations for the past five years
Locally produced gas in India will now cost at least 8 per cent less.
Spanish bank denies credit line to bail Sahara boss.
The Supreme Court on Monday gave conglomerate Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy, who has been held in a New Delhi jail for more than a year. Sahara has made several failed attempts to raise $1.6 billion in bail money. Roy was jailed after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal. The Supreme Court last week gave Sahara, a sprawling conglomerate that ranges from property to Formula One motor racing, a final chance to raise funds in order to bail out Roy. On Monday, the country's top court allowed Sahara to sell part of its Aamby Valley township outside Mumbai, which has luxury villas and a golf course, to raise funds.
The top court last week gave Sahara a final chance to raise funds.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Sahara told the top court this week it was considering other proposals to raise funds, including selling a luxury development outside Pune.
Sahara relied on a letter from bank saying the funds were there.
India's imports from Iran rose to 250,200 barrels per day
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