Commodity Online NEW DELHI: The Delhi Court today urged the Ministry of Petroleum and Indian Oil Corporation to submit a report over the alleged availability of LPG cylinders in black market.
Commodity Online NEW YORK: Steady demand from utilities and surging global demand for coal will push up prices of coal in United States, the one fossil fuel the country has in abundance.
By Jon NadlerSilver lost another $1.48 or 8.5%, falling to $16.94 per ounce. Platinum dropped $39 to $1865.00 per ounce and palladium lost $18 to $438.00 as the entire complex was battered by the freefall in gold
By Yogesh BirlaIn fact, petrol is cheaper than the Coca Cola you drink. It is not just petrol most liquids that you daily use are more expensive than vehicle fuels.
Commodity Online WASHINGTON: The state owned Power Grid Corporation of India would get USD 600 million loan from World Bank to strengthen its electricity transmission system.
By Binu AlexThere are more companies coming up in India with energy prefix and suffix. Non conventional energy is another field where you find companies putting money
Commodity OnlineNEW DELHI: The World Bank on Wendesday approved a $600 million loan to India's government run power transmission company, Power Grid Corporation of India, to strengthen its electricity transmission system.
By Binu Alex Use of nuclear fuel to generate extra 50,000 MW of electricity, is the available option in near term
Commodity Online MUMBAI: India s gold demand revived as spot and future prices of gold eased following a rate cut in the US that boosted global stock and currency markets
Commodity Online NEW DELHI: India s infrastructure sector fell to 4.2 percent in January compared to 8.3 percent in the corresponding year last year.
Commodity Online Jayant Deo, former MERC Member and an expert in energy sector, speaks about various issues that are being faced by the energy sector
Commodity Online Tracking global developments, standard gold in India gained Rs 385 per 10 gm to Rs 13,495, before hitting a new peak of Rs 13,560.
Commodity Online NEW DELHI: With gold prices on the rise, import of gold into India is falling. The country imported just 10 tonnes of gold in February as against 59 tonnes a year ago.
Commodity Online Indian spot gold prices hit Rs 13,495 per 10 gram in Mumbai on Monday. The international spot gold also increased by 3 per cent, touching $1,030.
Record rise of crude oil and gold prices in global markets and growing concerns over the worsening credit crisis in the US triggered a Sensex collapse on Monday, allowing the benchmark 30-share index of the Bombay Stock Exchange (BSE) to hit a six month low and close below the psychological 15,000 level.
The weak dollar is bringing western art abroad
Sensex, the prime 30-share index of the Bombay Stock Exchange (BSE) staged a comeback on Friday and ended the week on a positive note, gaining 2.63 percent or 403.17 points, even as concerns persisted about weak US economy and subprime crisis.
Union Finance Minister P. Chidambaram is trying to soothe the frayed nerves of the banking sector by assuring that the $15 billion loan waiver package for poor and marginal farmers, announced as a budgetary policy on Feb.29, would not hurt the banking system but rather strengthen it.
UK-based Standard Chartered Plc announced, Friday, it has sold its Indian asset management business to one of India's oldest lending institutions, Infrastructure Development Finance Co. (IDFC), in an all-cash $205 million deal (before deductions for local taxes and deal expenses).
The 30-share prime index of the Bombay Stock Exchange (BSE), the Sensex, dropped 3.42 percent, Friday, to its lowest close in nearly six months on fears of economic slowdown in the US and rising inflation back home.
The Men in Blue scripted a fairy tale ending to the Commonwealth Bank tri-series tournament in Australia, by notching a historic win in the second final, Tuesday, in Brisbane - beating the world champion host team by 9 runs.
Apple reiterated its goals of selling 10 million iPhones by the end of the year in spite of growing concerns of a slowing macro-economy analysts concerns