Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «oil»

16 January, 2019 8:00 AM RBI may take dovish stance in February policy with softer inflation

With softer retail and wholesale price-based inflation, Reserve Bank of India is likely to change its policy stance from 'neutral' from 'calibrated tightening' in the February policy, says a report. The inflation based on the Consumer Price Index (CPI) eased to an 18-month low of 2.19 percent in December compared to 2.33 percent in November and 5.21 percent 526

16 January, 2019 3:45 AM India’s non-oil trade deficit is the lowest since April

It is likely that the protectionist measures taken by the government have led to compression of non-oil imports India’s merchandise trade deficit narrowed to a 10-month low in December 2018. One reason, of course, is the lower price of crude oil. But not all the improvement in the deficit is due to crude oil prices. The deficit in the non-oil, non-gold 153

15 January, 2019 5:56 PM Mukesh Ambani features in Foreign Policy magazine's 2019 list of top '100 Global Thinkers'

Mumbai: Reliance Industries Chairman and Managing Director Mukesh Ambani has featured in Foreign Policy magazine`s 2019 annual list of the top `100 Global Thinkers`. According to the magazine, Ambani, who displaced Jack Ma in 2018 as Asia`s richest man is credited with accelerating a smartphone internet revolution in the world`s largest democracy 177

15 January, 2019 2:00 PM Exports up 0.34% in Dec 2018; trade deficit narrows

The trade deficit stood at USD 14.2 billion in December 2017. New Delhi: The country's exports grew marginally by 0.34 percent to USD 27.93 billion in December 2018 on account of negative growth in sectors such as engineering and gems & jewellery, according to a commerce ministry data. Imports, however, dipped by 2.44 percent to USD 41 billion during 135

15 January, 2019 7:59 AM Veg oil imports up 11% in December; shipment of refined palm oil from Malaysia may rise on duty cut: SEA

Vegetable oil imports rose by 11 percent last month to over 12 lakh tonne, edible oil industry body SEA said on January 15 and predicted that a rise in inward shipments of refined palm oil on customs duty cut that could affect domestic farmers and refiners. "Import of vegetable oils (comprising edible and non-edible oils) during December 2018 is reported 123

15 January, 2019 7:25 AM India to add 1,000 aircraft in 7-8 years: Govt official

Mumbai: The country is going to add 1,000 aircraft over the next 7-8 years, a top government official said Tuesday. "We would be adding about 1,000 more aircraft in about next 7-8 years," Ministry of Civil Aviation secretary, RN Choubey, said, adding that the country will be adding 100 more airports, and one billion trips in the next 15 years. He said the country 144

15 January, 2019 2:35 AM Oil prices edge up on supply cuts, but weakening economic outlook caps gains

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains. US West Texas Intermediate (WTI) crude futures were at $50.78 per barrel at 0041 GMT, up 27 cents, or 0.5 percent, from their last settlement. "The impact of OPEC+ cuts, Iran sanctions and lower month-on-month growth 92

13 January, 2019 12:42 PM Petrol, Diesel Prices Hiked 5 Times So Far This Year. Here's How Much You Pay For Fuel

Petrol and diesel prices were hiked by 48-63 paise per litre on Sunday. That marked the fourth consecutive hike in domestic fuel prices, and the fifth overall so far this year. The upwards price revision comes on the back of a recovery in crude oil prices in anticipation of tightening supply ahead, say analysts. Currently, oil marketing companies in the country 253

11 January, 2019 3:35 PM There Should Be No Road Tax On Electric Vehicles, Says Amitabh Kant

NITI Aayog CEO Amitabh Kant said the NITI Aayog has suggested the states do away with road tax and issue green permits for electric vehicles. NITI Aayog CEO Amitabh Kant today said there should be no road tax on electric vehicles to bring the ownership cost of electronic vehicles at par with combustion vehicles. He said the NITI Aayog has suggested the states 127

11 January, 2019 6:10 AM Petrol prices hiked by 19 paise in Delhi; crosses Rs 69 per litre

New Delhi: After witnessing continious reduction in prices, petrol and diesel prices are again on the upward swing. Petrol price in Delhi was hiked by 19 paise to Rs 69.07 on Friday as against Rs 68.88 per litre yesterday. Diesel rates on the other hand were hiked by 28 paise to Rs 62.81 against Rs Rs 62.53 on Thursday, according to the price notification 77