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Oil down as Saudis end Yemen bombing; traders eye crude build

Last Updated: Wednesday, April 22, 2015, 01:31

Oil prices fell on Tuesday after Saudi Arabia announced the end of its military campaign in Yemen, easing tensions in the Middle East, and traders expected another weekly build in US crude stockpiles.

IMF slashes growth forecast for Mideast oil exporters

Last Updated: Tuesday, April 14, 2015, 19:05

The International Monetary Fund slashed growth forecasts Tuesday for Middle East and North Africa (MENA) oil exporters over a steep drop in crude prices, raging conflicts and continued uncertainty.

Vistara launches flights to Guwahati and Bagdogra via Delhi

Last Updated: Thursday, April 2, 2015, 18:54

Private carrier Vistara on Thursday forayed in North-east skies with the launch of a daily flight service to Guwahati and Bagdogra from the national capital.

The $50 device that symbolises a shift in North Korea

Last Updated: Friday, March 27, 2015, 09:03

A $50 portable media player is providing many North Koreans a window to the outside world despite the government`s efforts to keep its people isolated - a symbol of change in one of the world`s most repressed societies.

ADB to give $300 million loan to India

Last Updated: Thursday, March 26, 2015, 20:05

The Asian Development Bank (ADB) will extend a loan of USD 300 million to India for improving road connectivity and increasing the domestic and regional trade along the North Bengal-North Eastern Region (NER).

Ford recalls over 220,000 vehicles in North America for 3 issues

Last Updated: Wednesday, March 25, 2015, 18:46

Ford Motor Co said on Wednesday it is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.

Oil prices edge higher

Last Updated: Tuesday, March 24, 2015, 19:12

Oil prices edged higher Tuesday as a weaker dollar offset disappointing manufacturing data out of top energy consumer China, traders said.

Oil prices falter on robust supplies

Last Updated: Friday, March 20, 2015, 18:41

World oil prices dropped on Friday with the market under persistent pressure from large supplies of crude and a strong dollar, traders said.

Vistara allowed 3-month exemption from route dispersal norms

Last Updated: Tuesday, March 3, 2015, 17:12

New carrier Vistara has been allowed a three-month exemption from complying with the requirement of operating flights to the financially unviable regions like the North East, the government said Tuesday.

Iraq predicts oil will rise to $64-65 per barrel

Last Updated: Sunday, March 1, 2015, 23:47

Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year low in January, to continue recovering to reach USD 64 or USD 65 per barrel.

Brent rises above $61, set for biggest monthly gain since 2009

Last Updated: Friday, February 27, 2015, 12:18

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in the North Sea and renewed fears of gas supply disruption in Europe supported prices.

North West Railway gets more funds for 2015-16 in Budget: GM

Last Updated: Thursday, February 26, 2015, 21:23

The Railway Budget Thursday allocated more funds to the North West Railway (NWR) for the next fiscal year (2015-16) as compared to the last year's allowance given to the section, officials said here.