Prices extended gains after data showed an eighth straight weekly drop in the number of US rigs drilling for oil. Oil also got a boost from the rally in global equity markets
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India is in talks with companies in Poland and Australia for technical help in upgrading its coking coal quality
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The government is expected to continue to facilitate development of waterways and logistics parks for faster and efficient movement of cargo
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The Japan International Cooperation Agency has said it will provide technical assistance to government for development of national highways in mountainous regions like Jammu & Kashmir, Uttarakhand and Himachal Pradesh
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India is a bright spot in a dull international energy market and the International Energy Agency said last year that New Delhi would be the primary driver of global energy demand over the next 25 years
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Comments from the UAE energy minister that OPEC is willing to cooperate on production cuts has little impact on market
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The company posted a standalone net profit of Rs 1,286 crore for the three months ended December 31, compared with Rs 3,571 crore in the year-ago quarter
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India is eager for foreign capital and technology to develop its economy while the UAE, among the richest of the Gulf Arab energy exporters, wants to use overseas investment to diversify its asset base
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