Oil prices on Monday extended declines from the end of last week amid a wider market sell off and a stronger dollar, with Brent crude falling to its lowest in nearly a month. Other markets dropped as investors were spooked by Friday’s payrolls report from the United States, which showed wages growing at their fastest…
Oil and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter. The nation’s top explorer, which planned to produce gas from a deep water block in the Krishna-Godavari Basin off the country’s east coast from June 2019,…
Tehran: Iran’s oil minister lashed out at the United States Sunday, saying that hostile comments by President Donald Trump had torpedoed new oil and gas contracts for the Islamic republic.
New Delhi: In a symbolic gesture of the increasingly closer cooperation between the Indian and US militaries, the visiting Chief of Staff of the US Air Force, General David L. Goldfein, on Saturday flew India’s indigenous light combat aircraft at the Air Force station in Jodhpur.
On January 20, Mumbai airport created a new world record for single-runway operations by handling 980 arrivals and take-offs in 24 hours, or almost one flight every minute!
New Delhi: Finance minister Arun Jaitley may have skirted the problem of rising crude price in the budget, but not the oil PSUs who have turned cautious on their capital expenditure plans in the coming fiscal.
Calcutta: Nine flights from the city were delayed by nearly 30 minutes on an average as passengers and crew members remained stuck in a snarl on EM Bypass on Saturday afternoon. Even then, hundreds of passengers missed their flights.
A 50-year-old employee of the National Highway Authority of India was killed after being knocked down by a car on the airport road on Saturday night.
Mumbai: Close to 250 residents of Kamothe staged a rasta roko on the Sion-Panvel highway to protest lack of a connecting road to the highway from their homes.
Mumbai: Bombay High Court has refused to set aside three new conditions in tenders for ground-handling services at the Mumbai international airport, observing that such facilities must match global standards.