Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Govt gives ex-post-facto nod to capital infusion in EXIM Bank

Last Updated: Wednesday, September 9, 2015, 20:20

The government on Wednesday gave its ex-post-facto approval to 800 crore capital infusion made in the Export Import Bank of India (EXIM Bank).

Onion prices likely to fall as govt hikes MEP to $700 per tonne

Last Updated: Tuesday, August 25, 2015, 23:10

The Commerce Ministry has hiked the minimum export price (MEP) of onions by USD 275 per tonne to USD 700 per tonne to ensure adequate domestic supply and contain price rise.

Govt hikes onion MEP to $700/tonne to check prices

Last Updated: Saturday, August 22, 2015, 18:20

The decision to increase onion MEP to USD 700 per tonne from USD 425 is taken as prices of onions at both wholesale and retail levels have been rising on lower output due to unseasonal rains earlier.

RIL raises $225 million through overseas bond issue

Last Updated: Thursday, August 20, 2015, 12:31

Reliance Industries Ltd (RIL) on Thursday said it has raised USD 225 million (about Rs 1,468 crore) through overseas bond issue due in 2026, guaranteed by the Export-Import Bank of the United States.

US crude down 4% to hit 6-1/2-year low on surprise stock build

Last Updated: Thursday, August 20, 2015, 08:59

US crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low and almost break below $40 per barrel, as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.

Devaluation of yuan to impact handicraft export: EPCH

Last Updated: Monday, August 17, 2015, 14:10

Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan.

Cairn seeks oil swaps to get higher margins

Last Updated: Sunday, August 16, 2015, 11:55

Sources close to the company said Cairn India has sought government approval for a tripartite agreement wherein Barmer crude oil will go to the international market where it will get better price than the ones realised locally.

Despite ban, India is world's largest exporter of beef

Last Updated: Monday, August 10, 2015, 12:25

Despite Modi government's move to ban slaughter of cow across various states in the country, India is the largest exporter of beef in the world.

'Firms export 6,101 tonne sugar to EU; 8,071 tonne to US'

Last Updated: Friday, August 7, 2015, 15:09

Sugar Companies exported 6,101 tonnes of the sweetener to the EU and 8,071 tonnes to the US till July 21 under the preferential quota system, Parliament was informed on Friday.

India's exports to Greece fall 15% on debt crisis: Govt

Last Updated: Wednesday, August 5, 2015, 19:40

The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.