When the unprecedented purge within the Saudi royal family began early this month, there was a party in one of the offices of a leading global oil producer.
The government may soon consider another round of excise duty cut on petrol and diesel.
As the private sector investment is in slow lane due to sluggish market conditions, profitable central pubic sector enterprises such as SAIL, NMDC, Nalco, RINL, MOIL and KIOCL have been roped in to
In a major reform initiative, India may soon open the derivatives market for the power sector.
Country’s largest explorer Oil and Natural Gas Corporation (ONGC) will delist its refinery arm Mangalore Refinery and Petrochemicals (MPRL) and merge it with Hindustan petroleum Corporation (HPCL)
Spelling more trouble for the government battling hard to bring a slowing economy back on a high growth trajectory, global oil prices on Monday breached the psychological mark of $60 a barrel.
The government drive against shell companies and its promoters may spare some disqualified independent directors, including Malayalam film star Mohanlal and former Jammu and Kashmir chief minister
The huge infrastructure deficit could well have propelled the government to announce a major Rs 7 lakh crore package for roads.
The government proposes fresh reforms in the oil and gas sector.
After more than three-year wait, the government may finally throw open the doors of the regulated coal sector for commercial mining by the private sector by the last quarter of this financial year.