‘Remove bottlenecks stalling infrastructure projects’
August 31st, 2012 - 10:47 pm ICT by IANS
New Delhi, Aug 31 (IANS) Investor confidence in India can be boosted if bottlenecks such as lack of forward-looking project preparations and a sound land-acquisition process that stall key infrastructure ... Read more...
Posted in Business |
India’s energy consumption to double by 2031: Study
July 25th, 2012 - 8:28 pm ICT by IANS
New Delhi, July 25 (IANS) Energy consumption in India is likely to double to 1,124 kgs of oil equivalent (kgoe) by 2031-32 on the back of high economic expansion, a ... Read more...
Posted in Business |
India keen to invest in Ghana’s oil industry (Lead)
July 10th, 2012 - 7:45 pm ICT by IANS
Accra, July 10 (IANS) India is seeking to invest in Ghana'soil and gas sector and double trade with West Africa to $40 billion by 2015 as part of its growing efforts ... Read more...
Posted in Business |
Committee invites stakeholders’ views on oil and gas output sharing contracts
July 3rd, 2012 - 5:34 pm ICT by IANS
New Delhi, July 3 (IANS) A panel headed by the Prime Minister's Economic Advisory Council chairman C. Rangarajan Tuesday invited stakeholders' views on formulating future production sharing contracts (PSCs) in ... Read more...
Posted in Business |
Myanmar gas exploration contract inked
June 11th, 2012 - 1:10 pm ICT by IANS
Yangon, June 11 (IANS) A contract has been inked on exploring gas at an onshore block in Myanmar, official media reported.Under the production sharing contract, signed among state-run Myanmar Oil ... Read more...
Posted in Business |
Oil unable to push UAE’s GDP further: Economist
June 7th, 2012 - 11:40 am ICT by IANS
Dubai, June 7 (IANS) As Abu Dhabi's oil production is near its maximum capacity, the oil and gas sector is not expected to drive the United Arab Emirates (UAE) output ... Read more...
Posted in Business |
Government appoints panel to review oil firm contracts
May 31st, 2012 - 7:22 pm ICT by IANS
New Delhi, May 31 (IANS) The government Thursday set up a panel headed by C. Rangarajan, chairman of the prime minister's economic advisory council, to review production sharing contracts ... Read more...
Posted in Business |
Zardari seeks preferential trade ties with Myanmar (Lead)
January 25th, 2012 - 1:15 pm ICT by IANS
Islamabad, Jan 25 (IANS) President Asif Ali Zardari has called for enhancing two-way trade between Pakistan and Myanmar and establishing a preferential tariff arrangement leading to the culmination of a ... Read more...
Posted in South Asia |
Foreign investment in Brazil quadrupled in five years
December 16th, 2011 - 11:42 am ICT by IANS
Rio de Janeiro, Dec 16 (IANS/EFE) Cumulative foreign direct investment in Brazil expanded fourfold between 2005 and last year, from $162.8 billion to $660.5 billion, the country's central bank said ... Read more...
Posted in Business |
Benin invites Indian firms for oil and gas exploration
December 10th, 2011 - 7:30 pm ICT by IANS
New Delhi, Dec 10 (IANS) The West African country of Benin Saturday invited Indian companies to help develop its oil and gas sector."There is a lot of unexplored mineral reserves ... Read more...
Posted in Business |
India’s quarterly growth retards to two-year low (Roundup)
November 30th, 2011 - 7:02 pm ICT by IANS
New Delhi, Nov 30 (IANS) In line with fears voiced by India Inc, the country's economic growth retarded to the slowest pace in two years, at 6.9 percent for ... Read more...
Posted in Uncategorized |
South China Sea conflict can have global fall-out: Indian Navy
November 17th, 2011 - 10:04 pm ICT by IANS
New Delhi, Nov 17 (IANS) In the backdrop of India's economic interests -- particularly in oil and gas sector -- growing in South China Sea, Indian Navy chief Admiral Nirmal ... Read more...
Posted in Uncategorized |
Indonesian imports increase by 56.4 percent in September
November 2nd, 2011 - 10:56 pm ICT by BNO News
JAKARTA, INDONESIA (BNO NEWS) -- Indonesian imports increased by 56.4 percent in September when compared to the same period last year, reaching a total value of $15.1 billion, officials said on Wednesday.The ... Read more...
Posted in Business |
India seeks Qatari investment in oil and gas sector
October 28th, 2011 - 7:59 pm ICT by IANS
New Delhi, Oct 28 (IANS) Petroleum Minister S. Jaipal Reddy Friday urged Qatar to increase supply of crude oil and liquefied natural gas (LNG) and invest in Indian public sector ... Read more...
Posted in Business |
Unfazed by China, India, Vietnam sign oil deal, extradition treaty
October 12th, 2011 - 9:20 pm ICT by IANS
New Delhi, Oct 12 (IANS) Undeterred by Beijing's objections, India and Vietnam Wednesday sealed an accord for oil exploration in the South China Sea and signed half a dozen ... Read more...
Posted in Business |
ONGC Videsh inks deal with PetroVietnam
October 12th, 2011 - 4:24 pm ICT by IANS
New Delhi, Oct 12 (IANS) ONGC Videsh Limited, the overseas arm of the government-run Oil and Natural Gas Corporation, Wednesday signed an agreement with Vietnam Oil and Gas Group ... Read more...
Posted in Business |
Myanmar president to visit India
October 10th, 2011 - 4:42 pm ICT by IANS
Yangon, Oct 10 (IANS) Myanmar President U Thein Sein will pay a goodwill visit to India in the near future to promote bilateral relations and cooperation, said an official ... Read more...
Posted in World |
India, Myanmar target to double trade by 2015
September 27th, 2011 - 5:03 pm ICT by IANS
New Delhi, Sep 27 (IANS) India and Myanmar Tuesday agreed to double bilateral trade to $3 billion by 2015 by diversifying trade baskets and reducing barriers, especially tariffs.
"I propose ... Read more...
Posted in Business |
India keen on energy cooperation with Azerbaijan
September 25th, 2011 - 5:25 pm ICT by IANS
New Delhi, Sep 25 (IANS) Scaling up its diplomatic thrust in Central Asia, India has conveyed to oil-rich Azerbaijan its interest in expanding bilateral energy and economic cooperation.During the third ... Read more...
Posted in Uncategorized |
India gives conditional approval to Cairn-Vedanta deal
June 30th, 2011 - 10:19 pm ICT by IANS
New Delhi, June 30 (IANS) In a major relief to the Anil Aggarwal-led Vedanta Resources, the Indian government Thursday conditionally approved the company's plan to buy majority stake in ... Read more...
Posted in Business |
BJP protests fuel price hike in Delhi, demands rollback (Lead)
June 25th, 2011 - 7:58 pm ICT by IANS
New Delhi, June 25 (IANS) The Bharatiya Janata Party (BJP) held a demonstration here Saturday against the hike in the prices of diesel, kerosene and cooking gas, and demanded ... Read more...
Posted in Politics |
French major all set to enter Indian gas sector
May 19th, 2011 - 6:23 pm ICT by IANS
Chennai, May 19 (IANS) Foraying into the Indian cryogenic gas sector, French major Cryolor SA will inaugurate its facility here Friday, said a top company official."Our facility will be inaugurated ... Read more...
Posted in Business |
US MNCs may expand business in Bangladesh market
April 14th, 2011 - 1:21 pm ICT by IANS
Dhaka, April 14 (IANS) The annual trade turnover between Bangladesh and the US, likely to exceed $6 billion this year, may prompt some major US brands to expand their business ... Read more...
Posted in Business |
Wipro buying US firm’s IT business for $150 mn
April 1st, 2011 - 11:47 pm ICT by IANS
Bangalore, April 1 (IANS) Global software major Wipro late Friday announced it was buying the oil and gas IT service business of the US-based Science Applications International Corporation (SAIC) for ... Read more...
Posted in Business |
Laundry staff on offshore construction projects in Oz to earn $420K yearly
March 25th, 2011 - 3:05 pm ICT by ANI
Melbourne, Mar 25 (ANI): A survey has revealed that laundry hands and cooks employed on offshore construction projects in Australia will potentially earn more than 420,000 dollars a year.Employers claim the extraordinary ... Read more...
Posted in World |
Qatar ready to increase LNG supplies to India
January 14th, 2011 - 11:48 pm ICT by IANS
New Delhi, Jan 14 (IANS) Qatar has expressed its readiness to increase the supply of Liquified Natural Gas (LNG) to India.This was conveyed during the two-day meeting of the India-Qatar high ... Read more...
Posted in Business |
Gujarat summit sees MOUs worth Rs.15 lakh crore signed
January 12th, 2011 - 9:58 pm ICT by IANS
Gandhinagar, Jan 12 (IANS) The fifth Vibrant Gujarat global investors summit got off to a flying start here Wednesday with the state notching up promises of Rs.15 lakh crore ($333 billion) in ... Read more...
Posted in Business |
Dhaka looks to Moscow for oil, gas exploration
December 28th, 2010 - 1:30 pm ICT by IANS
Dhaka, Dec 28 (IANS) Bangladesh has offered Russian energy corporation Gazprom joint venture projects in oil and gas sector after lukewarm response to its bids from the western multi-national corporations.State sector ... Read more...
Posted in Business |
India, Russia sign 29 agreements from defence to trade
December 22nd, 2010 - 12:43 am ICT by IANS
New Delhi, Dec 21 (IANS) India and Russia Tuesday inked 29 bilateral agreements, which include building advanced stealth jets to increasing banking linkages and setting up a steel plant.While 11 agreements ... Read more...
Posted in Business |
India, Russia to increase hydrocarbon cooperation
December 21st, 2010 - 11:41 pm ICT by IANS
New Delhi, Dec 21 (IANS) India and Russia Tuesday signed a deal in hydrocarbon cooperation, which will encourage the formation of joint ventures to tap opportunities in this sector, including in third ... Read more...
Posted in Business |
India, Russia ink 19 business deals, explore trade pact
December 21st, 2010 - 9:38 pm ICT by IANS
New Delhi, Dec 21 (IANS) Seeking to put innovation and business at the centre of a partnership that has remained mostly defence-centric and setting a bilateral trade target of $20 billion ... Read more...
Posted in Business |
India, Russia sign 30 pacts
December 21st, 2010 - 6:48 pm ICT by ANI
New Delhi, Dec 21 (ANI): India and Russia on Tuesday signed 30 crucial deals in several key areas, including nuclear cooperation, defence, pharmaceutical and space technology sectors.Besides deciding to enhance cooperation in ... Read more...
Posted in National |
Manmohan Singh delighted with Indo-Russian oil, gas pact
December 21st, 2010 - 5:06 pm ICT by ANI
New Delhi, Dec 21 (ANI): The Prime Minister, Dr. Manmohan Singh, on Tuesday expressed his delight and satisfaction over India and Russia concluding an inter-governmental agreement on cooperation in the oil ... Read more...
Posted in National |
India keen to invest in Sudan’s oil projects
October 30th, 2010 - 9:16 pm ICT by ANI
New Delhi, Oct.30 (ANI): India and Sudan on Saturday expressed their desire to expand their cooperation in the oil and gas sector.The two countries, following a bilateral meet held today, decided to ... Read more...
Posted in National |
Sensex starts week on a strong foot
October 4th, 2010 - 12:37 pm ICT by IANS
Mumbai, Sep 29 (IANS) A benchmark index of Indian equities Monday was ruling 167 points higher, marking a positive start to the week's trade.The 30-share sensitive index (Sensex) of the ... Read more...
Posted in Business |