Search Results for: forex reserves

India aims to boost gas consumption, reduce dependence on oil

Currently, oil accounts for a quarter of the country's energy needs, while the share of gas stands at 8 percent.

May 6, 2016

India's foreign exchange reserves at an all-time high of $363 billion

An increase of $1.52 billion in India's foreign exchange reserves lifted kitty to $363.12 billion, according to RBI's weekly data.

May 6, 2016

Nalco to buy back stake worth $450 million from government: Report

Nalco's stock price stood at Rs. 46.35 per share, valuing the company at Rs. 11.9 lakh crore.

May 2, 2016

3 NDRF teams battling forest fires in Uttarakhand; 1,900 hectares land razed

At least four people were killed and two injured in the forest fires in Uttarakhand

Apr 30, 2016

Poachers killed more tigers in 2016 so far than during entire 2015

India, with 3,200 tigers, is home to 70 percent of the world's tigers.

Apr 28, 2016

Water ATMs soon in New Delhi

New Delhi Municipal Council â€” one of the three local bodies of the NCT of Delhi â€” has invited tenders for installing water ATMs on PPP basis.

Apr 28, 2016

Airbus net profit falls 23% in March quarter

Revenues for the quarter rose 1 percent to â‚¬12.183 million (about $13.48 billion), Reuters reported.

Apr 28, 2016

Axis Bank reports marginal fall in net profit for March quarter

The fall in Axis Bank's net profit was due to 64 percent rise in provisioning for bad loans.

Apr 26, 2016

Saudi prince unveils sweeping plans to end 'addiction' to oil

Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion ahead of the sale of it through an IPO.

Apr 26, 2016

Fracking: Condamine River erupts in flames due to methane gas build-up

A video posted by New South Wales Greens party MP Jeremy Buckingham appears to show the Condamine River erupting in flames as a result of methane gas build-up, believed to be caused by nearby fracking. Several gas fracking mines are located in the vicinity of the southern Queensland river in Australia, and gas was reported to be leaking into the water as early as 2012.

Apr 23, 2016