Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Lionel Messi announced on Friday that he wants to return to play for the national team, reversing his decision to retire earlier this year. Messi said in June that he would not play for Argentina again after the team lost to Chile in the final of the Copa America.
India's aviation safety ratings have been downgraded by the Federal Aviation Administration (FAA) from the top to the second category, which would affect expansion of flights by Indian carriers to the United States.
The match marks just the second time, and first in 35 years, that El Clasico will be played outside Spain.
The United States has hoped its National Security Agency surveillance on the Bharatiya Janata Party, revelation of which has highly been objected by New Delhi, would not have an adverse impact on the bilateral relationship between the two countries.
Moscow-based OAO Rosneft Chairman Igor Ivanovich Sechin said the agreement was to ship by sea as much as 10 million tons of oil per year to Essar Group.
Uruguay made light of the absence of striker Luis Suarez to recover from a goal down and beat 2015 Copa America hosts Chile 2-1 in a friendly in Santiago.
Crude oil's long price slide might be ending, feel some experts. Last Friday, the price of Brent crude, seen as a benchmark for what India uses, saw a low of $75.3 a barrel - it is now trading around $79. The fall has been nearly a third from its high seen in June, only five months earlier.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Surging value of dollar may be posing the biggest threat to US corporate earnings.
News of all that's transpired on and off the football field
These photos prove that we live in a rather strange world.
Amid demands that MPs should not be allowed to decide their salaries, the government has proposed to set up a three-member panel to recommend pay and perks of lawmakers.
There was plenty of other Track & Field action that demanded our attention and we've given them their due. So scroll down to view some of the best images that went into making this World Championships a memorable one...
Six football officials were arrested in Zurich early upon request from US authorities, suspected of receiving bribes worth millions of dollars, Swiss authorities said.
India finally came good, assuring themselves at least a silver medal at the Archery World Cup Stage 3 being held in Medellin, Colombia.
Russia on Saturday staged a grand military parade in Moscow to commemorate the 70th anniversary of its victory over Nazi Germany in the presence of several world leaders, including President Pranab Mukherjee, even as Western powers boycotted the event due to a standoff over Ukraine.
From modest milk chocolate for kids 45 years ago to sophisticated dark chocolate for adults, Amul is a part of India's history.
India's e-commerce market grew 27 per cent in 2014 to $3.8 billion.
Sean Dyche's Burnley side looked to have secured a crucial point in their fight to move clear of the bottom three but Eriksen broke their hearts with a clinical finish for third-placed Spurs in the 91st minute.
The prime minister is all set to break his record of spending most days in the country without travelling abroad.
News of all that's transpired on and off the football field
The Zika virus, an alarming and disturbing infection that may be linked to thousands of babies being born with underdeveloped brains, is spreading through the Americas. But what is the virus, how is it spread and how can people minimise the chances of catching it?
Jeison Murillo became Colombia's unlikely hero, scoring his first international goal to give his side a 1-0 victory over Brazil.
Summary of sports events and persons who made news on Thursday
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
Argentina's injured captain Lionel Messi has been named in a squad missing the suspended Javier Mascherano and Gonzalo Higuain for next month's World Cup qualifier against South America's bottom side Paraguay.
Inter Milan went on a rare scoring spree to thrash Serie A newcomers Frosinone 4-0 and go clear at the top on Sunday, the first time Roberto Mancini's team have won a league match by more than one goal this season.
American whistleblower Edward Snowden, currently sheltered in the transit zone of Moscow airport, has sought asylum in 20 countries, including India.
India expects to remain unscathed this time, mainly because it is in a sweet spot as the world's third largest oil consumer, after the US and China, says Subhomoy Bhattacharjee.
Or Iran may face the risk of losing its biggest client
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
The ongoing oil price decline is mainly a result of oversupply in the global market
There are several books that Aakar Patel wishes were being written but aren't. Fortunately, there's plenty coming up this year that he's eagerly awaiting.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The UN climate negotiation decisions are meant to be taken by consensus and to originate from the submissions of all countries.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
A summary of Tuesday's qualification matches next year's FIFA World Cup.
Countries with abundant resources are faring worse in terms of development than those with less.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday