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IMF board postpones decision on emerging countries' voting rights

Last Updated: Saturday, June 13, 2015, 08:50

The International Monetary Fund`s board on Friday decided to postpone by three months its decision on how to raise emerging countries` voting rights at the institution, as it seeks to get past U.S. foot-dragging on reforms.

Reliance seeks freedom to fix gas prices

Last Updated: Friday, June 12, 2015, 19:43

"In this context, it is important to follow the intent, purpose and commitment of the NELP Policy i.e. Maximising E&P activities, getting the risk reward balance right and providing marketing and pricing freedom. This will provide predictability and certainty to the investors," he said.