'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
The government has allowed Reliance Industries Ltd and Mangalore Refineries and Petrochemicals Ltd to sell kerosene outside the public distribution system, Petroleum Minister Mani Shankar Aiyar said on Thursday.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
With Modi's international image seriously damaged -- perhaps, irrecoverably -- and Indian foreign policy finding itself in drift, we move on to the New Year in a depressing scenario, points out Ambassador M K Bhadrakumar.
The RIL stock has halved from an all-time high of Rs 1,626 made (intra-day) on January 15, 2008, to on Wednesday's closing figure of Rs 800.55.
Oil and Natural Gas Corp, India's largest oil producer, has proposed an investment of Rs 7967 crore (Rs 79.67 billion) in setting up a 7.5 million tonnes refinery at the site of recent oil find in Rajasthan.\n\n
Petroleum Minister Mani Shankar Aiyar will visit Pakistan from June 3 to boost energy ties and discuss the $4.16 billion Iran-India gas pipeline project.\n\n
'The Saudis are in the driving seat in navigating the relations with India; they set its compass and calibrate its pace,' points out Ambassador M K Bhadrakumar.
India, the world's fourth-biggest oil consumer, recently offered Saudi Aramco a stake in refineries and petrochemical projects.
The government cleared 15 foreign direct investment proposals worth Rs 70.1 crore (Rs 701 million) including that of Honda Motor, Teva Pharmaceuticals, Fijitsu, Atlanta Electricals and Marubeni Corporation.
Reliance Industries Ltd on Thursday posted a 10.25 per cent rise in net profit at Rs 2,547 crore (Rs 25.47 billion) for the quarter ended June 30, as compared to Rs 2,310 crore (Rs for the corresponding quarter in FY2005-06.
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Oil and Natural Gas Corp is spending 93 per cent of its total capital expenditure of Rs 10,850 crore (Rs 108.50 billion) in the current fiscal on its core activities of oil and gas exploration and production, according to its chairman and managing di
HPL management's control will go to the promoter who gets access to the 155 million shares block.
Moody's keeps Reliance rating, cuts outlook
Petroleum Minister Mani Shankar Aiyar will visit Pakistan in May to boost bilateral energy ties and discuss the $4.16 billion Iran-India gas pipeline project.
Reliance Industries on Wednesday launched three state-of-the-art retail outlets for diesel and petrol at Jamnagar Petrochemicals complex at Hazira and DAKC and Navi Mumbai.
Aiming to become a $100 billion integrated oil and gas major in 5 years, state-run Oil and Natural Gas Corp has proposed setting up of 7 non-government firms to manage its marketing, well drilling, LNG, logistics, shipping and petrochemical businesse
