Iran’s Foreign Affairs Minister Mohammad Javad Zarif said that India is committed to continuing economic cooperation and the import of oil from Iran, video news agency ANI, a Reuters affiliate, reported on Thursday. Zarif made the comments after a meeting with his Indian counterpart Sushma Swaraj in New York on the sidelines of United Nation […]
Day: September 27, 2018
Oil prices rise 1 percent ahead of U.S. sanctions against Iran
Oil prices rose by 1 percent on Thursday, pushed up by the prospect of tighter markets due to U.S. sanctions against major crude exporter Iran, which are set to be implemented in November. Front-month Brent crude futures were at $82.23 per barrel at 0650 GMT, up 89 cents, or 1.1 percent from their last close, […]
GMR hands over facilities to US company
GMR Hyderabad Aviation SEZ Limited (GHASL) of GMR group, an infrastructure company, Thursday said it has completed and handed over temperature and humidity-controlled facilities for the assembly and packaging of absorbents to Multisorb, a USA-based oxygen and moisture management solutions provider. Absorbents or dessiccants are products that soak up the moisture content found in newly-manufactured […]
HAL may have lost Rafale deal as it quoted 2.57 times more man-hours than Dassault: Supriyo
Wading into the Rafale jets controversy, Union Minister Babul Supriyo Thursday indicated that Hindustan Aeronautics Ltd (HAL) lost on the deal because it quoted 2.57 times more man-hours to build fighter jets. While HAL was to produce 108 fighter jets locally in a joint venture with French firm Dassault Aviation in the deal for 126 […]
Sikkim’s Pakyong airport opens new door for Eastern Himalayan tourism business
When fully operational, the just inaugurated airport Pakyong in the tiny Himalayan state of Sikkim could prove a boon for tourism business in the entire eastern Himalayan region, including both Darjeeling and Sikkim. Pakyong, located 130 km from Bagdogra airport in Northern West Bengal, will be a new and additional gateway for both domestic and […]
Tata Power, HPCL partner to set up electric vehicle charging stations
Private power producer Tata Power and state-run Hindustan Petroleum Corporation (HPCL) on Thursday announced a memorandum of understanding (MoU) for setting up the electric vehicle (EV) charging stations at HPCL retail outlets and other locations across India. The two companies will also explore other opportunities for collaboration in renewable energy. “Tata Power and HPCL, through […]