Oil minister Dharmendra Pradhan said that crude oil imports from West Asia is on a rise. India’s crude oil imports from Middle East rose marginally to 59.2% in 2015-16. India imported 109.09 million tonnes of crude from the 10 nations in the Middle East during first 11 months of 2015-16 fiscal.
After a comparatively better financial year end , the Indian stock markets seems to lost its momentum. Weakness persisted in the market pulled down some key benchmark indices. At the same time some other Asian nations with similar economic background could manage a better survival.
During his two-day visit to Saudi Arabia, PM seeks Saudi investments in India. India and Saudi Arabia have agreed to boost investments and their trade ties as Indian Prime Minister Narendra Modi invited cash-rich Saudi firms to invest in infrastructure and form joint ventures for oil exploration. Saudi Arabia is planning to set up world’s […]
Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells dairy products under the Amul brand, is mulling setting up a processing unit in the Northeast. GCMMF, formed in 1946 with just two village dairy co-operative societies and 247 litres of milk, has helped the country become the largest milk producer in the world.
SBI to set up special China desk to attract Chinese investors under the ‘Make in India’ campaign. The Shanghai branch of the State Bank of India will launch this special desk. The special China desk will be largely based on the lines of the Japan desk set up in New Delhi.
The banking and financial services sector has several women, currently holding the top jobs. This is unique both in the Indian and global contexts. Why do banks tend to accommodate more women at their top offices? It may be considering the fact that women are more conservative, more structured, more careful about money, good leaders […]
A week-long “Make in India” fair closed on Thursday with Rs 15.2 lakh billion in investment pledges, but thin attendance by foreign firms at the event launched by Prime Minister Narendra Modi means many are unlikely to actually happen. But PM is hopeful that the summit will create a favourable environment for investors from across […]
Ringing Bells launches India’s most affordable smartphone called Freedom 251 for a price of Rs 251. The smartphone with a 4-inch WVGA resolution display, features a 1.3 Ghz quad-core processor, 1GB RAM, 8GB total storage space and a 3.2 megapixel camera on the back. It will have 0.3 megapixel camera on the front and has […]
The first shipment of Iranian crude oil to the European Union in more than three years is going to depart on 15th February, Iranian officials said. A tanker chartered by French energy giant Total SA is expected to sail with 2 million barrels on Monday and two other ships which will carry 1 million each […]
India Government plans National Investment Grid to map business opportunities across the country. National Investment Grid may encourage private investment in the India. The proposed grid will have details of upcoming projects, projects that are under construction and details of land available with the Centre, states, their agencies and public sector undertakings. Foreign Direct Investment(FDI) […]