With domestic retail fuel prices jumping to record high on rising international oil rates, India on Thursday pressed oil cartel OPEC for 'affordable' oil price within a 'reasonable band' and that the producers should phase out production cuts. OPEC nations such as Saudi Arabia have traditionally been India's principal oil source. But, OPEC and its allies, called OPEC+, ignoring its call for ease supply curbs had led to the world's third-biggest oil importer tap newer sources to diversify its crude oil imports. As a result, OPEC's share in India's oil imports has dropped to about 60 per cent in May from 74 per cent in the previous month.
Forex dealers attributed the fall to increased demand for the dollar.
IMAGES from the English Premier League matches played on Saturday.
'Saudi Arabia's standing internationally and in the West is going to take a big hit even if MBS is dethroned.'
'Given that the situation is quickly escalating, such attacks will affect the flow of crude in the short term from West Asia' Subhayan Chakraborty and Dhruvaksh Saha report.
The next Gulf Cup, which was due to kick off in December in Basra in Iraq, has been postponed for a year due to a congested calendar, organisers announced.
The United States and the United Kingdom, citing terrorism concerns, on Tuesday barred passengers on some international flights from mostly Muslim-majority countries, from carrying large electronic devices like cameras and laptops as cabin baggage.
An Afghan boy who became an internet sensation after pictures of him wearing an improvised Lionel Messi football shirt went viral finally got to meet his superstar idol on Tuesday. Murtaza Ahmadi met the Barcelona forward in Doha, where the Spanish league champions are due to play a friendly match against Saudi Arabian side Al-Ahli later.
The rating affirmation reflected RIL's strong business profile - a large-scale refinery with a capacity of around 1.2 million barrels a day and dominant market position in petrochemicals.
India face tough Iraq test sans Chhetri
The deal was signed between Embraer and the DRDO for three aircraft equipped with indigenous radars for airborne early warning and control systems.
Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue.
'Prince' Yakub Habeebuddin Tucy likes to introduce himself as a great-great grandson of Bahadur Shah Zafar.
'The more emphatic denial of any proposal for an OIC foreign ministers meet in Islamabad appears aimed at keeping Pakistan on a leash,' notes Lieutenant General Syed Ata Hasnain (retd).
'I am also concerned over Chinese ambitions in the Maldives and wider Indian Ocean,' former Maldives president Mohamed Nasheed tells Rediff.com contributor Rajeev Sharma in an exclusive interview.
In a regulatory filing, Reliance -- the country's most valuable company - said, 'The 43rd AGM will be held on Wednesday, July 15, 2020 at 2 pm though video conferencing / other audio-visual means.'
Renjini Thampi has upcycled 21,000 waste glass bottles into beautiful home dcor items.
Saudi Arabia's crown prince and the presidents of Egypt, Turkey and Algeria, as well as the United Nations Secretary-General, are among leaders at the in a tent-shaped stadium ahead of the first match between the hosts and Ecuador.
The report said that a total of 23 Indians have so far joined the IS of which six were reportedly killed in different incidents.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
IMAGES from soccer matches played on Monday.
Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
The resolution failed to be adopted on Thursday as it could not garner two-thirds support in the General Assembly.
All directors, key officials, and shareholder speakers will be visible and audible and thousands of shareholders, including those from the US, UK, Canada UAE, Japan, HongKong, Singapore, Malaysia, and Australia, will be able to post their questions and eVote on resolutions.
Federico Valverde finished off a stunning move in extra time to give Real Madrid a 3-2 victory over arch-rivals Barcelona
One of the 16 fishermen who have been released from an Iranian jail speaks to A Ganesh Nadar about his ordeal.
While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
The US Government Accountability Office, in a recently released report, moved ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corporation, and three others, including Petronet LNG Ltd, out of the list.
Vega first failed to connect with a cross from winger Hirving Lozano early in the game and then sent a header narrowly wide in the 26th minute.
Prime Minister Narendra Modi will leave for the Belgian capital as part of a three-nation tour during which he will attend the Nuclear Security Summit in Washington and visit.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
They have been named for their stake in the Farsi offshore block.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
The 20 richest people on the planet are worth a staggering USD 1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico.
The Qatar World Cup has delivered a rich feast of soccer for the past month
Of the 1.87 million resident non-immigrants in the US in 2012, India accounted for the maximum number of 430,000 residents, followed by China with 210,000 residents and South Korea with 140,000, the Department of Homeland Security said in its latest report.
186,267 Indian students were studying in the US in 2016-2017.
After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
