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Latest News:

petrol pumps

4,500 Maharashtra petrol pumps to remain shut Sundays, one-shift on weekdays

New Delhi: Around 4,500 petrol and CNG pumps in Maharashtra have decided to observe ‘holiday’ on Sundays, beginning May 14, and work on single day shifts, 9 a.m.-6 p.m., from Monday - ignoring criticism of the move by the Petroleum Ministry.

The ... Read More

Gautam Adani

‘Adani to decide on investment in Australia coal mine soon’

Melbourne: Indian energy giant Adani today said a final investment decision on its 21.7 billion dollar Carmichael coal mine project in Australia's Queensland state was expected within this month.

The controversy-hit Carmichael coal mine project, one ... Read More

Petrol, Diesel, GST, Arvind Subramaniam, CEA

Daily Fuel price revisions to boost oil marketing companies’ profit

Mumbai: Government decision to revise retail fuel prices daily is likely to result in improvement marketing margins for oil companies leading to better profitability, says a report.

In a report, India Ratings on Monday said the move, effective May 1 ... Read More

gold shift

India’s gold demand up 15% to 123.5 tonne in Q1 2017: World Gold Council

Mumbai: Gold demand in India increased by 15 per cent during the first quarter of 2017 to 123.5 tonne, signalling a return of optimism in the industry, according to World Gold Council (WGC).

The total gold demand in the country stood at 107... Read More

Muthoot_gold

Jewellers see 40% jump in sales on Akshaya Tritiya this year

Mumbai: Consumers on Friday flocked to buy gold and jewellery on Akshaya Tritiya, considered an auspicious day for purchasing valuables, with jewellers seeing 40% jump in sales over last year... Read More

Indian Oil, stake sale, Eligible employees, Stock Market a

IOC gets green nod to revamp Bongaigaon refinery at Rs 4185 cr

Mumbai: State-owned Indian Oil Corp (IOC) has received green nod for upgradation of its Bongaigaon refinery for production of BS-VI grade fuels in Assam at a cost of Rs 4,185 crore.

The company wants to upgrade its Bongaigaon Refinery (BGR) as the go... Read More

Wheat

Wheat production likely to touch record 98 MT this crop year

New Delhi: Wheat production is set to touch a record 98 million tonnes (MT) in the ongoing 2016-17 crop year ending June, on account of higher yields.

In its second estimate, the agriculture ministry had pegged a record wheat output of 96... Read More

Online National Agri-Market

Govt aims to end APMC monopoly with new model agri-mkt law

Mumbai: In a major move to liberalise agri-markets, the Centre has come out with a draft model law that seeks to end monopoly of traditional APMC mandis and allow private players and others to set up wholesale markets.

It would be a major agri-reform... Read More

Petrol Pump

Petrol to cost more in Maharashtra

Mumbai: The Maharashtra government on Friday increased the price of petrol with effect from Saturday by Rs 3 per litre by hiking value added tax (VAT) rates... Read More

Milk

FSSAI develops cheap testing kits to check Milk quality

New Delhi: Milk adulteration is more in north India compared to southern states, food safety regulator FSSAI said today... Read More

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