News for 'Petroleum Exporting Countries'

'Gau rakshaks feel they have become emperors'

'Gau rakshaks feel they have become emperors'

Rediff.com29 Mar 2017

'Gau rakshaks portray themselves to be bigger than the chief minister and Prime Minister Modi.' 'We have lost business of Rs 4,000 crore in UP alone since the BJP manifesto was released.'

US, China can solve all global problems together: Trump

US, China can solve all global problems together: Trump

Rediff.com9 Nov 2017

I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.

PM, Oli hold talks; seek to reset Indo-Nepal ties

PM, Oli hold talks; seek to reset Indo-Nepal ties

Rediff.com7 Apr 2018

The prime minister said India will continue to support Nepal according to that country's priorities, adding both sides have agreed to expedite all connectivity projects.

Is a low Brent crude oil price good for India?

Is a low Brent crude oil price good for India?

Rediff.com12 Jan 2015

The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.

'China, like US, is not dependable and trustworthy'

'China, like US, is not dependable and trustworthy'

Rediff.com18 Oct 2019

'Only when China treats India as an equal can we consider them real friends.'

Iraqi Prime Minister to visit India for investment and trade

Iraqi Prime Minister to visit India for investment and trade

Rediff.com22 Aug 2013

India and Iraq are likely to sign two agreements in the energy sector and cooperation in water resource management.

India pushing Iran to accept Rs for oil imports

India pushing Iran to accept Rs for oil imports

Rediff.com1 Oct 2013

Keeps open the option to make payments in yen or yuan in the face of sanctions

Putin arrives in Delhi for summit talks with Modi

Putin arrives in Delhi for summit talks with Modi

Rediff.com11 Dec 2014

Russian President Vladimir Putin arrived in New Delhi late on Friday night for annual summit talks with Prime Minister Narendra Modi on Thursday that is aimed at building on the already close strategic ties, particularly in the fields of nuclear energy, hydrocarbons and defence.

Bhagwat's message to Modi

Bhagwat's message to Modi

Rediff.com22 Oct 2019

'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.

'$5 trillion economy by 2024 does not seem possible'

'$5 trillion economy by 2024 does not seem possible'

Rediff.com15 Jan 2020

'We are at $2.7 trillion and 2024 is not far away.' 'The country will need to grow by 9% every year for 5 years continuously and raise the aggregate investment rate to 38% of GDP to achieve the government's target of turning India into a $5 trillion economy.' 'Given the fact that we are only growing at about 5% and our investment rates are only about 30%, it may take a number of years before we can reach that targeted level.'

Sensex falls 362 points to end at 23,191

Sensex falls 362 points to end at 23,191

Rediff.com16 Feb 2016

The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.

Why Indian auto companies fail to comply with safe emission standards

Why Indian auto companies fail to comply with safe emission standards

Rediff.com11 Jan 2016

Stalling the introduction of better emission standards is based on specious logic, especially in a country that has 13 of the world's most polluted cities.

Why Congress has called a Bharat bandh

Why Congress has called a Bharat bandh

Rediff.com10 Sep 2018

'What has taken the government so long to understand what the people of this country are going through?'

A dummy's guide to GST

A dummy's guide to GST

Rediff.com4 Aug 2016

Here's everything you need to know about the Goods and Services Tax Bill.

India in driver's seat as fuel demand roars at fastest rate ever

India in driver's seat as fuel demand roars at fastest rate ever

Rediff.com18 Mar 2016

India has already pipped Japan as the world's third-largest oil consumer.

An unclear road map worries oil and gas sector

An unclear road map worries oil and gas sector

Rediff.com11 Jul 2014

Lowering excise duty on petrol, diesel, and other fuels, branded fuels.

GST: Promise and reality

GST: Promise and reality

Rediff.com8 Jun 2017

The shift from 'one country, one tax' to four tax rates could dilute possible gains on GDP, warns T N Ninan.

'Economy has been growing at around 5% the last 7-8 years'

'Economy has been growing at around 5% the last 7-8 years'

Rediff.com21 Jun 2019

'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'

Oil prices fall as China share crisis worsens

Oil prices fall as China share crisis worsens

Rediff.com8 Jul 2015

US crude was down 25 cents at $52.08.

Sensex sinks 287 points; ends flat for the week

Sensex sinks 287 points; ends flat for the week

Rediff.com16 Feb 2018

The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.

'The scare caused by fiscal deficit numbers is quite wrong'

'The scare caused by fiscal deficit numbers is quite wrong'

Rediff.com3 Oct 2017

NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.

Bloodbath on Dalal Street; Sensex sinks more than 700 points

Bloodbath on Dalal Street; Sensex sinks more than 700 points

Rediff.com6 May 2015

Markets crashed due to domestic worries; bluechip stocks tanked too.

Would a falling oil price boost GDP growth?

Would a falling oil price boost GDP growth?

Rediff.com22 Dec 2014

An analysis of year-wise movements of average global crude oil prices versus India's GDP reveals no inverse correlation, contrary to wide belief.

Is RBI's forex swapping window actually useful?

Is RBI's forex swapping window actually useful?

Rediff.com4 Sep 2013

RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?

Weak monsoon may hit gold demand in rural India: WGC

Weak monsoon may hit gold demand in rural India: WGC

Rediff.com21 Aug 2014

Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council (WGC).

Modi's 'Make in India' is all hype, says American media

Modi's 'Make in India' is all hype, says American media

Rediff.com26 May 2015

American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Rediff.com27 May 2016

Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.

India Inc's investment growth hits 25-year low

India Inc's investment growth hits 25-year low

Rediff.com17 Jul 2017

Fresh investments by corporates up just 5.8% in FY17, lowest since 1992

Pak in talks with India over gas supply

Pak in talks with India over gas supply

Rediff.com15 Jun 2013

Pakistan's demand for gas stands at 8 billion cubic feet while the current production is 4 billion cubic feet.

Gulf migrant workers will be biggest victims of oil shock

Gulf migrant workers will be biggest victims of oil shock

Rediff.com23 Mar 2016

Saudi Arabia relies more heavily on migrant labour than any other large country.

Par panel calls for review of Rangarajan gas price formula

Par panel calls for review of Rangarajan gas price formula

Rediff.com18 Dec 2013

The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.

'We have had one bad year, we will get out of it': Dr Singh

'We have had one bad year, we will get out of it': Dr Singh

Rediff.com19 Jul 2013

The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.

Crude oil price may stay low for some time

Crude oil price may stay low for some time

Rediff.com6 Oct 2014

This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.

Sonia lashes out at PM, says he governs by deception

Sonia lashes out at PM, says he governs by deception

Rediff.com20 Jul 2016

Congress President Sonia Gandhi on Wednesday accused it of destabilising institutions, polarising society and mistaking its parliamentary majority for a licence to impose its narrow ideology on people

India to fully fund current account deficit in FY14: Chidambaram

India to fully fund current account deficit in FY14: Chidambaram

Rediff.com12 Aug 2013

Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.

A dummy's guide to GST

A dummy's guide to GST

Rediff.com7 May 2015

Here's everything you need to know about the Goods and Services Tax Bill.

Growth-related reforms stopped for a long time: Panagariya

Growth-related reforms stopped for a long time: Panagariya

Rediff.com5 Jan 2015

Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports.

SC dismisses Essar Oil's plea to extend time to pay tax dues

SC dismisses Essar Oil's plea to extend time to pay tax dues

Rediff.com11 Nov 2013

The bench also rejected the submission of senior advocate Mukul Rohatgi, appearing for Essar Oil Ltd, that the hearing be adjourned for four weeks.

Budget 2018: A tough balancing act for Jaitley

Budget 2018: A tough balancing act for Jaitley

Rediff.com31 Jan 2018

The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.

Govt will take hard decisions to curb inessential imports: FM

Govt will take hard decisions to curb inessential imports: FM

Rediff.com7 Sep 2013

The govt would also be coming out with more measures to deal with inflation.