With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.
The Modi government caved in under American pressure without even token resistance. Two countries similarly placed as India with high dependence on Iranian oil -- China and Turkey -- have shown the grit to stand up to Washington, says Ambassador M K Bhadrakumar.
India and China have already rejected the US' sanctions move.
The cycle of violence resulting from the increasing criminalisation of politics cannot stop, will not stop, unless there is a wider political consensus against relying on criminal mafias for electoral purposes, argues Virendra Kapoor.
In a late-night tweet in capital letters, he said Iran must 'never, ever threaten the United States again'.
India has long been a leader in non-proliferation, stood side by side with all of us in the international community to say that Iran should not acquire a nuclear weapon," US Under Secretary of State for Political Affairs Wendy Sherman told reporters in New Delhi.
Politicians, bureaucrats hold different opinions about the delaying of the 2+2 summit.
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
Congress chief spokesperson Randeep Surjewala wondered why Prime Minister Modi was 'silent' on his 'India First' policy as President Trump talked of 'America First'.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
A 2019 investigation of Bombay Dyeing by market regulator Sebi has put a brake on the initial public offering process of sister company Go Air. The Wadia group-owned low cost airline had earlier planned to launch the IPO to raise Rs 3,600 crore by August, but may be forced to postpone it by a month or two as Sebi completes its investigation.
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
India has experienced hands and will emerge with flying colours, declares Inspector General Gurdip Singh Uban (retd).
After 20 months of hectic negotiations, Iran and six major powers have reached a historic deal to limit Teheran's nuclear programme in return for lifting of sanctions. Let's understand closely what the deal is all about.
A US president graced the Republic Day parade in the first year of the Modi regime. Will another American prez turn up in the final year of the first Modi Sarkar?
Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
OPEC agrees to keep pumping as oil glut fears persist.
As settlement in dollars has become difficult due to sanctions imposed against Iran, India and Iran will explore other currencies like the euro, yen and dirham to resolve the stalemate over payment for oil imports at their meeting later this week in Tehran.
The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.
The United States and European Union have slapped tougher and "wide-ranging" sanctions on Russia, targeting its energy, finance and defence sectors for its continued support of separatists in Ukraine.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
The immediate concern for the rupee is the sharp spike in oil prices
If there is a morality tale here, it is that debt and death spare no king.
Her remarks assume significance as they come after the US told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions, making it clear that there would be no waivers to anyone.
Trump congratulated Modi on his election victory and said that the two countries would work together in many areas including military.
According to an official source, the Rs 8,000-crore (Rs 80-billion) capacity expansion plan by Chennai Petroleum Corporation Ltd may get hit as European companies are reluctant to give technology licensing for the upcoming six-million tonne units.
The ministry is in consultation with various other stakeholders and ministries on this and the department of financial services was working on the proposal.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
To help them make up for the revenue lost on selling auto and cooking fuel below cost.
Weakness in euro against the dollar weighed on the rupee.
Overall, Tata Steel becomes the seventh non-financial firm, including four oil PSUs to report quarterly revenues of Rs 50,000 crore.
India has a great opportunity to act as go between Iran and the rest of the world, says Colonel (retd) Anil Athale.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
However, they put in Rs 2,744 crore in the debt markets during the period under review.
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.
ONGC Videsh Ltd, the overseas investment arm of state-run Oil and Natural Gas Corp (ONGC), will take a 40 per cent stake in San Cristobal oilfield in Venezuela.
'By annoying the Arabs and cozying up to Iran, Pakistan may end up losing Arab economic support, annoying the Americans and increase Shia-Sunni tensions domestically,' Colonel Anil A Athale (retd) points out.
By letting Delhi keep an open line with Tehran, the United States seeks to balance its dependency on Pakistan in managing Afghanistan, says Jyoti Malhotra
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