Oil markets edged up on Tuesday as the Forties pipeline outage in the North Sea and voluntary production restraint led by OPEC supported prices, although soaring output in the United States put a cap on gains. U.S. West Texas Intermediate (WTI) crude futures were at $57.33 a barrel at 0526 GMT, up 17 cents, or […]
Day: December 19, 2017
Sell majority stake in PSUs to cut import bill: Vedanta to government
Mining mogul Anil Agarwal-led Vedanta Ltd has made a strong case for the government selling its majority stake in PSUs such as ONGC and Coal India or transferring their assets to private firms to cut import bill by at least 25 per cent. The suggestion in the form of a full-page advertisement in national dailies […]