india imports

India decides to cut Iran crude imports by 11 percent


May 15th, 2012 - 4:24 pm ICT by IANS
New Delhi, May 15 (IANS) In the face of US sanctions on Iran, India has decided to reduce crude oil imports from the gulf nation by 11.1 percent to 15.5 ... Read more...

Posted in Business |

India asks Qatar for additional 3 mn tonnes of gas


April 23rd, 2012 - 7:43 pm ICT by IANS
Doha, April 23 (IANS) India Monday urged Qatar to increase the supply of natural gas by 3 million tonnes to meet immediate requirements.India imports 7.5 million tonnes of liquified natural ... Read more...

Posted in Business |

Defence industry commission under PMO proposed (Lead)


April 2nd, 2012 - 6:52 pm ICT by IANS
New Delhi, April 2 (IANS) Against the backdrop of India emerging as the world's largest importer of arms, an industry lobby and a global consultancy Monday recommended the setting up ... Read more...

Posted in Uncategorized |

‘Form defence industry commission under PMO’


April 2nd, 2012 - 5:31 pm ICT by IANS
New Delhi, April 2 (IANS) Against the backdrop of India emerging as the world's largest importer of arms, an industry lobby and a global consultancy have recommended the setting up ... Read more...

Posted in Business |

India to cut subsidies on non-urea fertilisers next fiscal


March 1st, 2012 - 9:25 pm ICT by IANS
New Delhi, March 1 (IANS) In a bid to control the widening fiscal deficit, the government Thursday said it will reduce subsidies on phosphate and potash-based fertilisers by over ... Read more...

Posted in Business |

Iran has right to develop n-energy, says India


January 10th, 2012 - 9:04 pm ICT by IANS
Jerusalem, Jan 10 (IANS) Amid mounting global pressure to follow the US sanctions against Iran, India Tuesday defended Tehran's right to develop its civil nuclear energy programme but made it ... Read more...

Posted in World |

US sanctions on Iran: India keeping all options open


January 7th, 2012 - 9:27 pm ICT by IANS
New Delhi, Jan 7 (IANS) With the US imposing new sanctions on Tehran, New Delhi is keeping "all options open" on approaching the US for waivers on ground that India ... Read more...

Posted in Uncategorized |

Saudi Arabia seeks to boost trade, investment with India


January 4th, 2012 - 7:03 pm ICT by IANS
New Delhi, Jan 4 (IANS) Saudi Arabia Wednesday said there is a huge potential for stepped up economic engagement with India in view of the growing uncertainties in Europe and ... Read more...

Posted in Business |

‘India needs to hike yield of pulses’


December 22nd, 2011 - 10:56 pm ICT by IANS
Kolkata, Dec 22 (IANS) Stating that yield per hectare of pulses in India is low compared to the world average, the country's apex body of pulses and grains industry and ... Read more...

Posted in Business |

Prices of pulses to stay stable despite lower yield


December 22nd, 2011 - 8:49 pm ICT by IANS
Kolkata, Dec 22 (IANS) The prices of pulses in the country would remain stable next year despite a fall in both kharif and rabi crops on account of adverse weather ... Read more...

Posted in Business |

Fertiliser industry wants $20 bn for overseas assets


December 7th, 2011 - 3:49 pm ICT by IANS
New Delhi, Dec 7 (IANS) To control the high cost of importing potash and phosphates for the domestic fertiliser industry, manufacturers have asked for creation of a $20 billion sovereign ... Read more...

Posted in Business |

India, Myanmar must conclude banking cooperation deal: CII


November 7th, 2011 - 5:18 pm ICT by IANS
New Delhi, Nov 7 (IANS) India and Myanmar should conclude an agreement on cooperation in banking and financial services to boost flow of two-way investment and trade, industry lobby Confederation ... Read more...

Posted in Business |

Finally, India gets stake in Kazakh oil block


April 16th, 2011 - 4:03 pm ICT by IANS
Astana, April 16 (IANS) Energy-hungry India got a foothold in Kazakhstan's oil and gas assets Saturday with the signing of an agreement to buy a 25 percent stake in ... Read more...

Posted in World |

Togo seeks Indian investment in infrastructure, industry


April 14th, 2011 - 3:35 pm ICT by IANS
New Delhi, April 14 (IANS) Togo, the African nation that is one of the world's largest producers of phosphate, is keen to attract more Indian investment, especially in infrastructure, ... Read more...

Posted in Business |

Govt. funding for tech textile research will give fillip to sunrise industry: Official


February 23rd, 2011 - 7:52 pm ICT by ANI
New Delhi, Feb.23 (ANI): A senior government official has said that government funding for technical textile research will give a fillip to the sunrise industry.Textiles Secretary Rita Menon said: "The technical textiles ... Read more...

Posted in Business |

Australians could soon taste the sweet Indian mango


January 25th, 2011 - 5:54 pm ICT by ANI
By Ravinder Singh RobinNew Delhi, Jan. 25 (ANI): Australians are looking forward to eating Indian mangoes from next season, even as the governments of the two nations are fine tuning the modalities ... Read more...

Posted in National |

India’s annual inflation rises to 8.43 percent


January 14th, 2011 - 3:10 pm ICT by IANS
New Delhi, Jan 14 (IANS) India's annual rate of inflation based on wholesale prices rose to 8.43 percent in December, according to official data released Friday. The previous month the ... Read more...

Posted in Business |

Indian firms in crisis after RBI bans use of clearing house for Iran oil shipment


December 31st, 2010 - 2:04 pm ICT by ANI
New Delhi, Dec.31 (ANI): Indian oil firms are facing a crisis after the Reserve Bank of India's declaration that they can no longer use the Asian Clearing Union, a clearing house set ... Read more...

Posted in Business |

India, Indonesia cross $10 bn trade target ahead of schedule


December 15th, 2010 - 5:46 pm ICT by IANS
New Delhi, Dec 15 (IANS) Trade between India and Indonesia surpassed the $10 billion target, one year ahead of the deadline set by the two countries, the commerce ministry said Wednesday.The statement ... Read more...

Posted in Business |

US supports India’s rise: Obama


November 6th, 2010 - 8:01 pm ICT by IANS
Mumbai, Nov 6 (IANS) US President Barack Obama Saturday said ties with India constitute a "defining and indispensable" partnership of this century that cannot be wished away and asked businesses from ... Read more...

Posted in Business |

Nigeria positive on Indian plea for raising crude supply


November 3rd, 2010 - 10:53 pm ICT by IANS
New Delhi, Nov 3 (IANS) Nigeria has responded positively to India's request for increased crude supply from the African nation.Petroleum and Natural Gas Minister Murli Deora had put forth India's request in ... Read more...

Posted in Business |

India holds bilateral talks with Nigeria, Sri Lanka, Canada


November 3rd, 2010 - 7:44 pm ICT by ANI
New Delhi, Nov.2 (ANI): India here on Wednesday held bilateral discussions with delegations of Nigeria, Sri Lanka and Canada, on the occasion of Petrotech 2010, and sought an increased cooperation in Hydro ... Read more...

Posted in National |

India, Germany should aim to double trade to $30 bn by 2014


September 26th, 2010 - 3:29 pm ICT by IANS
New Delhi, Sep 26 (IANS) India and Germany should identify sectors of potential partnership and evolve a roadmap to double two-way trade to $30 billion by 2014, an industry lobby said Sunday. ... Read more...

Posted in Business |

India’s gas policy discouraging for private sector: Aiyar


August 26th, 2010 - 11:21 pm ICT by IANS
New Delhi, Aug 26 (IANS) Senior Congress leader Mani Shankar Aiyar Thursday said the government's intervention on the Ambani brothers gas dispute has had an adverse fallout on India's energy security. "To ... Read more...

Posted in Business |

Pranab Mukherjee to inaugurate Reserve Bank/ OECD seminar in Bangalore


March 22nd, 2010 - 2:36 pm ICT by ANI
Bangalore, Mar 22 (ANI): Finance Minister Pranab Mukherjee will on Monday inaugurate an International workshop on 'Financial Literacy' in Bangalore.The two-day workshop has been organized by the Reserve Bank of India ... Read more...

Posted in National |

Prime Minister hints at no fuel price rollback


March 1st, 2010 - 11:11 pm ICT by ANI
By Naveen KapoorOn Board Air India One, March 1 (ANI): Prime Minister Dr. Manmohan Singh on Monday hinted that his Government may not initiate a rollback on fuel prices, and said ... Read more...

Posted in World |

Indianisation of the solar energy sector is very important, says Farooq Abdullah


February 10th, 2010 - 9:57 pm ICT by ANI
Noida, Feb.10 (ANI): Union Minister for New & Renewable Energy Farooq Abdullah on Wednesday stressed on the need to Indianise the solar energy sector while saying that it is very important for ... Read more...

Posted in National |

S.M. Krishna arrives in Kuwait


February 3rd, 2010 - 7:45 pm ICT by ANI
By Ravinder Singh RobinKuwait, Feb.3 (ANI): Indian External Affairs Minister S. M. Krishna arrived here on Wednesday on his maiden two-day visit to strengthen existing bilateral relations between the two countries.Kuwait ... Read more...

Posted in World |

Haryana institute claims to develop Bt chickpea


December 19th, 2009 - 8:02 pm ICT by IANS
Chandigarh, Dec 19 (IANS) Scientists at the Chaudhary Charan Singh Haryana Agricultural University at Hisar Saturday claimed to have developed Bt chickenpea (gram) on the lines of Bt cotton. "This transgenic chickpea ... Read more...

Posted in Business |

Common man will be insulated from oil price shocks: Deora


September 30th, 2009 - 11:40 pm ICT by IANS
Surat, Sep 30 (IANS) The government will ensure that the common man will not be affected by the volatility in global energy prices, Petroleum Minister Murli Deora said here Wednesday. Deora was in ... Read more...

Posted in Business |

PM launches Cairn India’s oil fields in Barmer


August 29th, 2009 - 2:23 pm ICT by IANS
Barmer (Rajasthan), Aug 29 (IANS) Prime Minister Manmohan Singh Saturday formally inaugurated Cairn India's Mangala oil fields in Rajasthan, site of the country's largest oil discovery in two decades. At a function ... Read more...

Posted in Business |

Food processing is answer to India’s problems: Pranab


June 24th, 2009 - 8:47 pm ICT by IANS
Haldia (West Bengal), June 24 (IANS) After the Green Revolution and White Revolution, a food processing revolution is the need of the hour for India to solve "major problems of unemployment, rural ... Read more...

Posted in Business |

Indian Government may hike petrol price by Rs 2 a litre, diesel by Re 1


June 22nd, 2009 - 7:23 pm ICT by ANI
New Delhi, June 22 (ANI): Unstable international oil rates may force the Government of India to increase petrol price by Rs 2 a litre and diesel by Re 1 per litre, unless ... Read more...

Posted in National |

Heavy Engineering Corp eyes locomotive sector


June 19th, 2009 - 9:51 pm ICT by IANS
Kolkata, June 19 (IANS) State-owned Heavy Engineering Corp (HEC), which manufactures capital goods, machine tools and components for core sector industries, now wants to make locomotives, a company official said. The company ... Read more...

Posted in Business |

Kazakh President’’s visit to India likely to focus on energy and food security


January 1st, 2009 - 12:10 pm ICT by ANI
By Ashok Dixit New Delhi, Jan.1 (ANI): With just three weeks to go before Kazakhstan''s President Nursultan Nazarbayev undertakes a four-day official visit to India (January 23 to 26), there is a ... Read more...

Posted in World |

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