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Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

No respite for common man from surging fuel prices

Petrol prices in Mumbai are inching closer to the Rs 90 per litre mark.

16 Oct 2018 11:49 AM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

India oil demand to rise by 5.8 million barrels per day by 2040: OPEC

Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.

16 Oct 2018 11:28 AM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI Bank gets RBI nod for appointment of Sandeep Bakshi as MD, CEO

The private sector lender said Bakshi had joined the group in 1986.

16 Oct 2018 10:45 AM IST

Global oil major BP said on Monday fuel price controls were not good , days after India asked state-run fuel retailers to shield customers from record-high costs by cutting margins.

BP criticises price controls, days after India cuts cost of fuel

BP has a tie-up with Reliance Industries, owner of the world's biggest refining complex.

16 Oct 2018 10:28 AM IST

Indias real-time money transfer platform IMPS has been rated the best global payments innovation by US-based research firm Fidelity National Information Services (FIS ). (Photo: Financial Chronicle)

India's IMPS rated best global payments innovation

IMPS launched in 2010 arguably has the most evolved and sophisticated public digital payments infrastructure.

16 Oct 2018 10:22 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex reclaims 35,000-mark; rises over 200 points on earnings...

Moreover, continuous buying by domestic financial institutions also supported the trading sentiment.

16 Oct 2018 10:15 AM IST

The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields.

IT companies file suit against US immigration agency over duration of...

The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations.

16 Oct 2018 10:09 AM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel's plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM IST

State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.

BSNL staff go for money pooling, la crowd-funding

The SSA management has reviewed the prevailing situations and explored all possibilities to get funds.

16 Oct 2018 9:54 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee softens 9 paise against US dollar in early trade

At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92.

16 Oct 2018 9:46 AM IST

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

India readies oil strategy as US sanctions on Iran near

Fresh assurances were given that oil supplies would not be an issue in the case of India.

16 Oct 2018 9:41 AM IST

The government has denied the Congress charge that there is a huge scam in the procurement of 36 Rafale fighter jets from France. (Photo: Representational | AP)

Dassault to deliver Rafale fighter jets to India from 2019: CEO

India signed a deal with Dassault in 2016 for the transfer of 36 Rafale jets but the deal has since faced criticism.

16 Oct 2018 8:42 AM IST