Global oil prices shot up the most since the Gulf war in the immediate aftermath of the unprecedented drone missile strikes on key oil facilities in Saudi Arabia that disabled 5 per cent of the global supply

Sensex Live Today: Sensex and Nifty closed on a negative note, as market participants turned cautious post the outcome of Union Budget 2019 amid globally weakened markets.

China-based Tsingshan group committed to investing Rs 21,000 crore to set up a steel plant and a facility to manufacture car batteries in Dholera SIR

India's largest infrastructure conglomerate Adani Group and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India.

RBI's local data storage norms kick in today; foreign firms seek more timeThe RBI's deadline for global financial technology (fintech) companies to comply with its data localisation norms kicks in today. Senior officials said the deadline will not be deferred despite requests from foreign companies as they have already been given six months to prepare their systems for local storage of data. Mastercard, Visa, PayPal, Google, Amazon and Facebook are reported to have met Finance Minister Arun J...

French energy giant Total SA is in talks to buy up to half of Adani Group's stake in LNG projects in Gujarat and Odisha, an under-construction LPG import facility and in its city gas projects.

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.

the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent.

Uttar Pradesh government is taking slew of measures to improve power supply to the people of the state, counting on initiatives like trust billing system and e. solution app.

The Monetary Policy Committee (MPC) met today for the second edition of bi-annual policy meeting to review the interest rates.

The LPG Control Order mandates that all cooking gas produced locally must be supplied to state-run fuel retailing companies as India is deficient in LPG and has to import a part of the requirement.

The public sector gas company, GAIL India Ltd, plans to import 36 liquefied natural gas (LNG) cargoes during the current financial year to meet the acute shortage of gas in the country in 2014- 15.

As the Indian economy hurtles down a path of breathless economic expansion, there is a fundamental shift taking place in the way companies look at energy. However, impending energy drought is affecting their growth.