oil prices

After Congress, Left accuses Trinamool of double standards on FDI


September 20th, 2012 - 9:07 pm ICT by IANS
Kolkata, Sep 20 (IANS) Accusing Trinamool Congress of double standards on the issue of retail FDI, West Bengal Left Front chairman Biman Bose Thursday said the Mamata Banerjee-led party had ... Read more...

Posted in Politics |

Trinamool had asked for FDI in its manifesto, says Congress


September 20th, 2012 - 6:32 pm ICT by IANS
Kolkata, Sep 20 (IANS) Hoping that Trinamool Congress would reconsider its decision to withdraw from the UPA, the Congress' West Bengal unit Thursday said not allowing retail FDI in Bengal ... Read more...

Posted in Politics |

Delay in oil price hike to increase inflation: Parekh


September 12th, 2012 - 10:14 pm ICT by IANS
New Delhi, Sep 12 (IANS) With the union government having deferred a hike in oil prices, Planning Commission member Kirit Parikh Wednesday said failure to revise fuel prices would result ... Read more...

Posted in Business |

Britain’s watchdog to probe petrol prices


September 6th, 2012 - 1:13 pm ICT by IANS
London, Sep 6 (IANS) The British Office of Fair Trading (OFT) has announced it will launch an investigation into the prices of petrol and diesel to see whether a fall ... Read more...

Posted in Business |

Iran warns of oil price hike


September 3rd, 2012 - 5:56 pm ICT by IANS
Tehran, Sep 3 (IANS/RIA Novosti) The current embargo on Iranian oil and political pressure on the Islamic Republic will result in higher oil prices on international markets, Petroleum Minister Rostam ... Read more...

Posted in Business |

Apple becomes most valuable company in history


August 21st, 2012 - 10:56 am ICT by IANS
New York, Aug 21 (IANS) US technology giant Apple has become the most valuable public company in history with its market value hitting $623 billion in intraday trading eclipsing Microsoft's ... Read more...

Posted in Sci-Tech |

Gas prices see biggest jump of the year


August 13th, 2012 - 6:07 pm ICT by Aishwarya Bhatt
Washington DC, Aug 13 (THAINDIAN NEWS) This year has caught many by surprise when the Survey Publishers came up with a result of statistics about the booming prices of gas this year. ... Read more...

Posted in Business |

Global CO2 emissions continue to soar


July 20th, 2012 - 7:06 pm ICT by IANS
London, July 20 (IANS) Global emissions of carbon dioxide (CO2), the main cause of global warming, increased by three percent last year, reaching an all-time high of 34 billion tonnes ... Read more...

Posted in Uncategorized |

US wholesale prices rise


July 14th, 2012 - 2:21 pm ICT by IANS
Washington, July 14 (IANS) US wholesale prices rose slightly in June after a consecutive decline from March through May. The Producer Price Index, which measures price changes at factory gates, ... Read more...

Posted in Business |

Pratt & Whitney inks pact with Indigo for 300 engines


July 9th, 2012 - 9:36 pm ICT by IANS
New Delhi, July 9 (IANS) Indian low cost carrier IndiGo said Monday it has signed an agreement with US-based Pratt & Whitney for 300 PurePower PW1100G-JM engines for 150 Airbus ... Read more...

Posted in Business |

No link between liquidity management, exchange rate: RBI


July 4th, 2012 - 5:40 pm ICT by IANS
Chennai, July 4 (IANS) The Reserve Bank of India's liquidity management activity is not related to exchange rate movements and neither is the rupee movement directly related to open market ... Read more...

Posted in Business |

Sensex closes 60 points down (Lead)


June 22nd, 2012 - 6:58 pm ICT by IANS
Mumbai, June 22 (IANS) A benchmark index for Indian equities markets Friday closed 60 points down at 16,972 points after paring early losses in late trade.Amid volatile trade, the ... Read more...

Posted in Business |

World Bank ups Russia GDP growth


June 13th, 2012 - 11:11 pm ICT by IANS
Moscow, June 13 (IANS) Russia's gross domestic product (GDP) will grow by 3.8 percent and 4.2 percent in 2012 and 2013 respectively, the World Bank said Wednesday.Both forecasts, carried in ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:07 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:06 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... 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 |

China cautions its citizens to be careful in India (Lead)


June 5th, 2012 - 12:49 am ICT by IANS
New Delhi, June 4 (IANS) In an unusual advisory, China has cautioned its citizens travelling to India to be alert in the wake of a nationwide strike against the petroleum ... Read more...

Posted in Uncategorized |

China cautions its citizens travelling to India


June 4th, 2012 - 6:45 pm ICT by IANS
New Delhi, June 4 (IANS) China has cautioned its citizens travelling to India to check about travel disruptions due to the May 31 nationwide strike against petroleum fuel hike and ... Read more...

Posted in Uncategorized |

We won’t cut VAT on petrol: Chouhan


June 1st, 2012 - 7:16 pm ICT by IANS
Bhopal, June 1 (IANS) Madhya Pradesh Chief Minister Shivraj Singh Chouhan Friday refused to cut Value Added Tax (VAT) on petrol any further.He said it was up to the central ... Read more...

Posted in Business |

Bengal government should cut petrol tax: Left Front


May 25th, 2012 - 5:46 pm ICT by IANS
Kolkata, May 25 (IANS) Trinamool Congress-led West Bengal government should cut sales tax on petrol after the steep hike in prices, Left Front chairman Biman Bose said Friday, adding ... Read more...

Posted in Politics |

Rupee slide continues: hits new low of 54.60 against dollar (Lead)


May 17th, 2012 - 8:22 pm ICT by IANS
Mumbai, May 17 (IANS) The Indian rupee fell to a new record intra-day low for the second session in a row Thursday, despite the Reserve Bank of India's intervention, ... Read more...

Posted in Business |

South Korea’s producer prices fall


May 8th, 2012 - 3:28 pm ICT by IANS
Seoul, May 8 (IANS) South Korea's producer prices fell for the first time in five months in April due to a decline in farm goods prices, the central bank said ... Read more...

Posted in Business |

South Korea’s industrial output growth plunges


April 30th, 2012 - 1:53 pm ICT by IANS
Seoul, April 30 (IANS) South Korea's industrial output growth plunged last month due to weak demand at home and abroad caused by high oil prices and economic slowdown in China, ... Read more...

Posted in Business |

Food prices rise on costlier oil: World Bank


April 26th, 2012 - 12:56 pm ICT by IANS
Washington, April 26 (IANS) Global food prices rose by eight percent in the first three months of 2012 due to higher oil prices, adverse weather and strong demand in Asia, ... Read more...

Posted in Business |

China approves blueprint for green vehicles


April 19th, 2012 - 12:17 am ICT by IANS
Beijing, April 18 (IANS) The Chinese government Wednesday approved a guideline for development of new energy-saving vehicles to ease pressure on the environment.Electric vehicles will be prioritized in the transformation ... Read more...

Posted in Business |

Growth will improve, but inflation will stay sticky: RBI


April 16th, 2012 - 8:02 pm ICT by IANS
New Delhi, April 16 (IANS) India's economic growth is likely to improve marginally in the current financial year from the projected growth of 6.9 percent in 2011-12, but inflation will ... Read more...

Posted in Business |

Close ASEAN cooperation urged to promote growth (Lead)


April 3rd, 2012 - 9:07 pm ICT by IANS
Phnom Penh, April 3 (IANS) Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth.Prime Minister Hun Sen told the visiting ... Read more...

Posted in World |

Iran nuke talks set for Istanbul


April 1st, 2012 - 9:44 am ICT by IANS
Istanbul, April 1 (IANS) Iran and six world powers have agreed to meet in Istanbul, the largest city of Turkey, April 13 for the latest round of talks over Iran's ... Read more...

Posted in World |

Moderation in inflation can lead to eased monetary policy: Pranab


March 31st, 2012 - 11:16 pm ICT by IANS
Kolkata, March 31 (IANS) Stating that he has kept inflationary expectations at six percent to seven percent in the coming months, union Finance Minister Pranab Mukherjee Saturday said current ... Read more...

Posted in Business |

US stocks fall


March 29th, 2012 - 7:06 am ICT by IANS
New York, March 29 (IANS) US stocks ended lower Wednesday as investors found little reason to push stocks a step higher amid a disappointing durable order report.The Dow Jones industrial ... Read more...

Posted in Business |

BRICS countries mull joint development bank


March 28th, 2012 - 8:35 pm ICT by IANS
New Delhi, March 28 (IANS) The group of five emerging countries - Brazil, Russia, India, China and South Africa - which represents almost 43 percent of the world's population and ... Read more...

Posted in Uncategorized |

Sensex turns volatile; realty, oil, gas stocks fall


March 22nd, 2012 - 7:57 pm ICT by IANS
Mumbai, March 22 (IANS) A benchmark index for Indian markets was witnessing volatile trading in Thursday's afternoon session amid a rise in oil prices and a sharp drop in ... Read more...

Posted in Business |

‘India will grow at 7.6 percent, to play active global role’ (Roundup)


March 15th, 2012 - 7:43 pm ICT by IANS
New Delhi, March 15 (IANS) India's economic growth will rebound to 7.6 percent in 2012-13 on the back of softening inflation and better industrial production, enabling it to play ... Read more...

Posted in Business |

Economic Survey pegs inflation at 6.5-7 percent


March 15th, 2012 - 2:30 pm ICT by IANS
New Delhi, March 15 (IANS) The Economic Survey for 2011-12 tabled by Finance Minister Pranab Mukherjee in parliament Thursday pegged inflation at 6.5-7 percent by end of March and ... Read more...

Posted in Business |

Pakistani daily questions train fare hike


March 14th, 2012 - 12:53 pm ICT by IANS
Islamabad, March 14 (IANS) The hike in railway fares in Pakistan come at a time when "earnings are dipping, inflation is high and no cheaper transportation option is available", said ... Read more...

Posted in South Asia |

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