New Delhi: The EU on Saturday voiced concerns over “rapid” rise in refined petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine. The European Union’s Executive Vice-President…
New Delhi: India is the future, British energy major BP chief executive Bernard Looney said on Saturday as he lauded the country for becoming the first to land a spacecraft near the moon’s south pole. Speaking with reporters on the sidelines of B20 Summit India organised by CII, Looney said India is “taking incredible steps and…
New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government’s priority is to tame inflation to ensure sustained economic growth. Addressing the B20 Summit India, being hosted by the Confederation of Indian Industry (CII), the minister said the GDP numbers for the first quarter, to be released this month, should be good. Observing that elevated…
New Delhi: Prime Minister Narendra Modi on Sunday will address the B20 Summit India 2023, which will be attended by over 1,700 business leaders and experts from across the world. The three-day B20 Summit starts on Friday. Business 20 or B20 is one of the G20 forums representing the global business community, which was set up…
Bengaluru: Ahead of the Asia Cup 2023, Indian cricketers on Thursday underwent rigorous fitness drills, including the Yo-Yo test which was aced by the players in attendance here. The exercise is a part of the six-day conditioning and skill-set enhancement camp, and, not surprisingly, Virat Kohli scored a high 17.2 in the test. The BCCI mandated…
Jaipur: The ongoing negotiations between India and the UK on a free trade agreement (FTA) are progressing “extremely well” and it is expected to conclude at an early date, Commerce and Industry Minister Piyush Goyal said on Thursday. He said both sides are confident that they will come out with a “very” balanced, equitable and fair…
New Delhi: Finance secretary T V Somanathan on Thursday said India will continue to clock the highest growth rate among the top five economies in the world in the foreseeable future and asked Indian diaspora to act as a catalyst and supplement government efforts in making India the biggest opportunity. India is currently the fifth largest…
New Delhi: The government has prepared a comprehensive action plan to crackdown on diversion of highly-subsidised urea to plywood and other industries, and violators could even face a jail term, according to official sources. The Union chemicals and fertilisers ministry will coordinate with other central ministries as well as states to curb the diversions and plans…
New Delhi: The finance ministry on Tuesday said price pressure on food items is expected to be transitory, with tomato prices seeing a decline, but the government and RBI need to step up vigil to deal with elevated inflationary pressure. Enhanced provision for capital expenditure by the government in the current fiscal is now leading…
New Delhi: The CBI has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday. The officials of 13 banks are under the agency’s scanner for allegedly assigning Rs…
