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IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Fitch says IOC's net debt levels to rise due to large capex

Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.

16 July 2018 3:49 PM IST

Trump administration in the WTO alleged that export incentives were harming American companies.

China files WTO challenge to Donald Trump's USD 200 billion tariff...

The one-sentence Commerce Ministry statement gave no legal grounds for the challenge or other details.

16 July 2018 3:36 PM IST

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)

P C Jeweller stock plunges 30 per cent on withdrawal of buyback plan

The stock plummeted 24.17 per cent to Rs 90.95 -- its 52-week low -- on BSE.

16 July 2018 3:24 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

It is wrong to impose GST on international air tickets, says IATA

According to de Juniac, GST was not the only issue when it comes to taxation in the aviation sector.

16 July 2018 3:01 PM IST

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)

Gold recovers on global cues, jewellers' buying

Silver also edged up by Rs 35 to Rs 39,950 per kg on increased offtake by industrial units and coin makers.

16 July 2018 2:53 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC board approves acquisition of up to 51 per cent stake in IDBI Bank

Insurance regulator Irdai has already given its approval to the insurer for the stake purchase.

16 July 2018 2:28 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys shares soar 6 per cent after Q1 earnings

Consolidated net profit in April-June at Rs 3,612 crore was higher than Rs 3,483 crore.

16 July 2018 1:31 PM IST

Women entrepreneurs must for India to grow at 9-10 per cent, says Kant

He also pointed to Khap Panchayats of Haryana for not providing adequate opportunity for health, education and nutrition...

16 July 2018 1:24 PM IST

The deal for 141 F-35s lowers the price of the F-35A, the most common version of the stealthy fighter jet, to about USD 89 million.

Lockheed F-35 jet price falls 6 pc to below USD 90 million: sources

Bringing down the cost of the world's most expensive defence programme is crucial to securing more orders.

16 July 2018 1:02 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Wholesale inflation rises to 5.77 pc in June on costlier vegetables,...

The retail inflation rate accelerated to a five-month high of 5.0 per cent in June.

16 July 2018 12:44 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Niti Aayog working on proposal to replace LPG subsidy with cooking...

Govt subsidises 12 cylinders of 14.2 kg each per household in a year by directly transferring subsidy amount to the...

16 July 2018 12:23 PM IST

Dance is an activity that livens up the world anytime. Its an expression of ones self hidden beneath. Since robots are slowly invading every aspect of human life, it was time that these smart computers made an impression in the world of arts and dance on a scale so large that it would create a world record. Therefore, China became their stage to show what a bunch of plastic-skinned motherboards and sensors can do when the music is queued. (Photos: Guinness World Records)

Novel technique allows robots to play teammates to soldiers

The technique helps quickly teach robots novel behaviours with minimal human oversight.

16 July 2018 12:02 PM IST