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PTI
September 20, 2018
Oil refiners such as state-owned Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) could use UCO Bank or IDBI Bank to route oil payments to Iran.


PTI
New Delhi, September 6, 2018
Pompeo and Defence Secretary James Mattis held the first 2+2 Dialogue with External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman to bolster the strategic ties with India and step up defence and security collaboration.


PTI
Washington, September 5, 2018
The Pentagon had ruled out an automatic waiver for India from the punitive US sanctions over its weapons purchase from Russia.


Anilesh S Mahajan
New Delhi, September 5, 2018
As New Delhi is finalises its agenda for the first 2 + 2 dialogue between India's Foreign Minister and Defence Minister with their American counterparts, officials are looking for a window allowing India to reduce Iranian oil imports to last years numbers.


Aseem Thapliyal
August 29, 2018
The strong buying activity by DIIs has helped market scale all-time highs this fiscal. But when it comes to Indian markets, contribution of FIIs cannot be ruled out.


BusinessToday.In
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...


BusinessToday.In
August 23, 2018
The US sanctions on Iran will have direct impact on petrol and diesel prices in India, which imports around 80 per cent of its oil requirement. Iran is the third largest exporter of crude oil to India after Iraq and Saudi Arabia.


BusinessToday.In
July 31, 2018
After keeping the fuel prices unchanged on Sunday, the OMCs hiked the petrol price the next day in the four metro cities by 9 paise each. The rate hike came after 15 days of price cut.


Reuters
July 24, 2018
India, Iran's top oil client after China, shipped in 5.67 million tonnes or about 457,000 barrels per day of oil from the country in the first three months of this fiscal year.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


Mail Today Bureau
June 26, 2018
The Abu Dhabi firm on Monday signed a pact with Aramco, which in April entered an agreement with Indian oil companies to jointly develop the 1.2 million barrel per day Ratnagiri refining and chemicals complex.


PTI
June 6, 2018



BusinessToday.In
New Delhi, May 18, 2018
The worse news is that things might get a lot worse here on - some analysts have predicted it to hit $100 by the next year.


Anilesh S Mahajan
New Delhi, May 9, 2018
In the last two months, India has already started reworking trade policy to fit it into the new trade order. But the current set of sanctions have only increased the headache of the diplomats in New Delhi.


Reuters
New Delhi, May 9, 2018
President Donald Trump on Tuesday pulled the United States out of an international nuclear deal with Iran, raising the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies.


VK Sharma
April 30, 2018
A close above the mark of 10,705 should be seen as an end to the current bearishness. There is a market myth, propagated by some of the talking heads on TV that you can safely sell in May and go away. Coupled with this is another fear that in the month of May we have had instances of lower circuits in our markets in May 2004. We have the Karnataka election results on May 15, which could make the bulls think twice before building longs.


PTI
April 28, 2018



Anilesh S. Mahajan
New Delhi, April 17, 2018
Amid the global clash between Saudi - led OPEC & US shale oil producers, India is crafting a balanced strategy to minimise the economic shocks of rising oil prices.


BusinessToday.In
New Delhi, April 12, 2018
Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, has signed a pact with a consortium of Indian oil companies to jointly develop and build a mega integrated refinery and petrochemicals complex, Ratnagiri Refinery & Petrochemicals Ltd. (RRPCL), in Maharashtra.


BusinessToday.In
New Delhi, April 11, 2018
According to the statement, a pre-feasibility study for the refinery has been completed, and the parties are now finalising the project's overall configuration.


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