Setback for India? US revokes sanctions waiver for Chabahar port

The Trump administration has said that individuals operating the Chabahar Port in Iran would invite sanctions beginning later this month. IMAGE:  India is engaged in the development of a terminal......

Microsoft Restores Services To Nayara

Microsoft Corp has restored all services, including e-mail access, to Russian oil giant Rosneft-backed Nayara Energy, following which a lawsuit brought against the move has been disposed of in......

'Being In The Fauj Is Most Glorious'

'No matter how much you get paid or how successful you get, nothing can match the fauj.' IMAGE: Major Kh Deepi Devi, retired, served the Indian Army for 10 years. Photographs: Kind courtesy: Kh......

Pak train hijack: 21 passengers, 4 soldiers killed; all hostages freed

Twenty-one passengers and four paramilitary soldiers were killed by militants holding hostages after seizing control of a train in Balochistan, a Pakistani army general said on Wednesday. IMAGE: A......

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance Industries’ refining earnings will remain steady, supported by its position as India’s largest importer of Russian crude and favourable global supplies, according to analysts at JM......

ONGC, Oil India to buy 10% stake in Indian Oil Corp

State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion). An......

India will sell 10% stake in top state-run refiner Indian Oil Corp

India will sell a 10% stake in top state-run refiner Indian Oil Corp Ltd  on Monday through a stock market auction, the government said, as part of its drive to raise funds by selling off......

Sensex jumps 676 pts as GST reform bid sparks rally

Stock markets rose sharply on Monday, with Sensex closing higher by 676 points and Nifty climbing 1 per cent on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang......