Ind-Ra believes the royalty hike looks quite steep at 30 per cent, and if accepted, it will lead to coal attracting the highest ad-valorem duty compared to all other minerals
Read More
International Brent crude oil futures were trading at $46.40 per barrel at 0536 GMT, up 36 cents, or 0.8 per cent, and earlier hitting a three-week high at $46.66
Read More
Consumption of fuel, a proxy for oil demand, totalled 14.92 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed
Read More
Oversupply helped send oil prices from $115 a barrel in June 2014 to as low as $27 in January this year. Crude later recovered to around $50 but fell again towards $40 in July
Read More
PM Modi and Russian President Vladimir Putin call the nuclear project a fine example of Indo-Russian strategic partnership
Read More
While the crude market has been plagued by world oversupply for two years, a global glut of refined products is a relatively new phenomenon
Read More
Essar Oil, which operates the 400,000 barrels per day Vadinar refinery in Gujarat, directly sells gasoil and gasoline in the retail market through 2,470 fuel stations and exports about 45 per cent of its refined fuels output
Read More
Earlier Gamesa had signed 52 MW with SMDPL in the first quarter of calendar year 2016. This order entails supply of 26 units of G97-2.0MW T104 turbine and the project is currently under execution
Read More
