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Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture
Tue, Feb 21, 2017
Britannia on Tuesday said it has signed an memorandum of understanding (MoU) with Greece's cakes and confectionery major Chipita and it is in talks with the company to finalise joint venture.
OPEC could extend or deepen supply cut if oil glut persists: Sources
Fri, Feb 17, 2017
The organisation of petroleum exporting countries (OPEC) could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level.
ISRO sends 104 satellites in one go, breaks Russia's record
Thu, Feb 16, 2017
ISRO sends 104 satellites in one go, breaks Russia's record. Watch the full segment for more details.
Trump, Putin discuss normalizing ties, fighting terrorism
Sun, Jan 29, 2017
Russian President Vladimir Putin and his US counterpart Donald Trump agreed to work together to fight the Islamic State (IS) and other terrorist groups in Syria, as well as normalize bilateral relations, the Kremlin said.
Thai Airways to probe jet engine maker Rolls-Royce corruption
Thu, Jan 19, 2017
Thailand`s flagship airline on Thursday said it had launched a probe into revelations that Rolls-Royce paid millions of dollars in bribes to win contracts, including to airline employees and government officials.
OPEC oil output inches down after November deal
Wed, Jan 18, 2017
OPEC oil production fell in December but remains well above levels envisaged under a recent deal due to take effect from January, the cartel`s new monthly report showed on Wednesday.
OPEC chief confident in commitment, enthusiasm for output cut deal
Sat, Jan 14, 2017
"I remain confident... with the level of commitment and enthusiasm that I have seen among the 24 participating countries whom I am in regular contact with that this historic and landmark decision will be implemented fully," Mohammed Barkindo told Reuters in an interview in Abu Dhabi.
Know everything about Agni-V missile that India test-fired today
Mon, Dec 26, 2016
India on Monday has successfully test-fired intercontinental surface-to-surface nuclear capable ballistic missile Agni-V from the Abdul Kalam Island in the Odisha state.
Oil prices rise in anticipation of tighter 2017 market
Mon, Dec 19, 2016
Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.
FPI bearish stance continues; net outflow at Rs 19,500 crore
Sun, Dec 18, 2016
Foreign investors have pulled out more than Rs 19,500 crore from the capital market this month so far amid rate hike by the US Federal Reserve and higher oil prices.
Donald Trump likely to name Exxon Mobil's CEO Rex Tillerson as secretary of state
Sun, Dec 11, 2016
US President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corporation as the country`s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government.
OPEC, non-OPEC agree first global oil pact since 2001
Sun, Dec 11, 2016
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
Saudis order oil cuts to US, Europe before non-OPEC talks
Sat, Dec 10, 2016
Saudi Arabia has told its US and European customers it will reduce oil deliveries from January, as Russia said it was confident non-OPEC producers would fully join OPEC`s output limits on Saturday in the first such move since 2001.
OPEC to push for non-member oil cuts
Sat, Dec 10, 2016
OPEC will seek on Saturday to persuade other oil producers to lower production as part of a newly struck global pact to stem a crude glut and lift painfully low prices.
Putin, Iran's Rouhani back OPEC bid to stabilise oil prices
Tue, Nov 29, 2016
Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC`s plans to limit the cartel`s output ahead of a crucial meeting this week.
Oil prices fall further in Asia, yen gains hit Tokyo
Mon, Nov 28, 2016
Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.
Russia bans LinkedIn after court finds it violating data storage law
Thu, Nov 17, 2016
Russia's communication regulator has started blocking Linkedin after the court ruling found the US firm guilty of breaking the law.
Demonetisation decision will help fight economic terrorism:MEA
Thu, Nov 10, 2016
Welcoming the decision to demonetise Rs 500 and Rs 1000, a top External Affairs Ministry official on Thursday said it will go a long way in fighting "economic terrorism" by checking use of black money for funding "subversive activities".
US presidential election offers little cause for alarm: JPMorgan AM's Michele
Thu, Nov 03, 2016
The US presidential election is unlikely to be a major risk for financial markets as Congress is likely to put a brake on many policies, whoever wins, the fixed income chief investment officer of JPMorgan Asset Management said on Wednesday.
Clinton, Trump spar over gun control, Russia, immigration in final debate
Thu, Oct 20, 2016
Democratic nominee Hillary Clinton and her Republican rival Donald Trump went head-to-head in the final presidential debate on Wednesday sparring over various issues including gun control, immigration and Russia.