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Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min

Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.

4 Oct 2018 6:28 PM IST

File image of a man counting cash at a petrol pump.

Rs 4 a litre hike in petrol, diesel prices in offing

The increase is based on assumption that global price of diesel and petrol and Rupee-US Dollar exchange rate remain...

17 May 2018 3:53 PM IST