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Reuters
New Delhi, September 20, 2018
Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.


BusinessToday.In
New Delhi, September 20, 2018
In Chennai, petrol is priced Rs 85.70, up 29 paise, and diesel is priced Rs 78.31, which is 21 paise increase from Wednesday's price. Petrol has taken a 3 paise jump in Kolkata to reach Rs 84.4, while diesel is Rs 75.72.


PTI
Mumbai, September 19, 2018
The rupee opened higher at 72.71 against its record closing low of 72.98 Tuesday and touched a session high of 72.34 in day trade as crude oil prices eased globally.


BusinessToday.In
New Delhi, September 18, 2018
Since September 1, petrol prices have gone up by about Rs 3.58 per litre in Mumbai, while diesel rates have increased by Rs 3.57 per litre; the petrol and diesel both have shown a similar trend all across India.


BusinessToday.In
New Delhi, September 17, 2018
The petrol reached Rs 82.06 per litre in Delhi on Monday, while diesel surged 6 paise to Rs 73.78 per litre. Petrol has already crossed the Rs 90 mark in two districts of Maharashtra.


Mudit Kapoor
September 14, 2018
The 15-member OPEC (The Organisation of the Petroleum Exporting Countries) cartel pumped 32.98 million barrels per day last month. The rise in production was last matched in October 2017.


BusinessToday.In
New Delhi, September 14, 2018
A litre of petrol is being sold for Rs 84.49 in Chennai, while it is Rs 83.14 in Kolkata. Diesel is being sold at Rs 77.49 in Chennai and Rs 75.36 in Kolkata.


BusinessToday.In
September 7, 2018
A litre of petrol is retailing at Rs 79.99 in the national capital while the same is selling for Rs 87.39 in the financial hub of Mumbai.


Manoj Sharma
New Delhi, September 3, 2018
Not only India but neighbouring countries like China, Pakistan, Nepal and Sri Lanka are also bearing the brunt of high crude oil prices. The US sanctions against Iranian oil import have put these countries in a fix, which has impacted their oil supply.


BusinessToday.In
September 3, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


BusinessToday.In
August 31, 2018
On Friday, diesel touched a lifetime high of Rs 70.21 per litre in the national capital while the price of petrol was at Rs 78.52.


BusinessToday.In
August 28, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


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.


Money Today Team
New Delhi, July 23, 2018
Deadline For Aadhaar-PAN Linking Extended; e-PAN Can Be Generated Instantly


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.


BusinessToday.in
New Delhi, July 11, 2018
Tata Consultancy Services (TCS) surpassed analysts' expectations by reporting a 23.46 per cent growth in profit in June quarter; a Reuters poll of 37 economists has predicted that June inflation may shoot up to a 2-year high; OPEC has shifted the blame of rising crude prices after US President Donald Trump's warning. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 6, 2018
Law panel proposes to legalise betting in sports; President Trump warns the OPEC nations to raise production of crude and the government plans to infuse fresh capital into Air India. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 6, 2018
ED initiates extradition process against Nirav Modi under MLATWith the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA. Till now, the extradition has been sought from UK, Belgium and a few other countries. But that's not all. The agency is also working on another strategy, i.e. MLAT. Sources told Indiatoday.in that the agency is also making a request for...


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