He said the dreams that fill the UNGA hall today are as diverse as the people who have stood at this podium and as varied as the countries represented in the United Nations.

Brent crude, the international oil benchmark, jumped 2.6 per cent on Monday, its highest since 2014, after Saudi Arabia-led OPEC and Russia stopped short of pledging to boost crude output ahead of US sanctions on Iran.

The law, signed by Trump last August, is designed to punish Russia for the 2014 annexation of Crimea from Ukraine, its involvement in the Syrian civil war and for meddling in the 2016 US presidential election.

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.

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.

In June this year, Saudi women rejoiced as the ban on women driving was lifted indicating an attempt to relax restrictions on women.

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.

The Pentagon had ruled out an automatic waiver for India from the punitive US sanctions over its weapons purchase from Russia.

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.

The continuous hike in fuel prices has been attributed to a sharp rise in international crude prices and a dramatic fall in the exchange value of the rupee against the US dollar.

Fuel prices in all metro cities are once again at an all-time high. The price of petrol rose to Rs 86.56 a litre in Mumbai and Rs 79.15 per litre in Delhi on Monday. Petrol price had previously hit its highest level five months ago on May 29. Watch BusinessToday.In video.

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.

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.

Amazon plans to invest $700 mn in the Future GroupJeff Bezos-led Amazon in India has begun formal negotiations with Kishore Biyani's Future Group to invest around $600-700 million for a 12 to 15 per cent stake in the retail major as reported by the Business Standard. The two entities have signed a term sheet to take the talks further, sources said. This denotes the two sides have officially entered a pact. If the deal materialises it will most likely be a combination of cash and...

IT Minister Ravi Shankar Prasad at the G20 conference in Argentina said that it would be fair if social media giants reinvest their profits in largest markets to create more infrastructure and generate more job opportunities for the people.

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...

\"The decision to call off the IPO was taken some time ago, but no-one can disclose this, so statements are gradually going that way - first delay then calling off,\" a Saudi source familiar with the IPO plans said.

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.

The stock has grown 561 per cent from Rs 98.30 on August 16, 2013 to Rs 640 on August 16, 2018. The Sensex has doubled during the same period. Meanwhile, its listed peers PC Jewellers and Titan Company rose 127% and 283.44%, respectively, during the last five years.

Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...