India energy sector to offer US$ 300 bn opportunities in 10 yrs'

New Delhi: Foreign investors will have opportunities to invest in projects worth US$ 300 billion in India, as the country looks to cut reliance on oil imports by 10 per cent by 202...

July core sector growth bounces back

New Delhi: India's eight core sectors output grew 2.4 per cent in July 2017 as against 0.8 per cent in June 2017. The growth was led by steel and natural gas sectors which grew...

India's fuel demand grows 1 pc in July

New Delhi: Fuel demand in India increased 1 per cent year-on-year to 15.63 million tonnes in July 2017, due to increased consumption of diesel and petrol, according to the Ministry...

New biofuel policy in the works, eyes Rs 1 lakh cr investment

New Delhi: The Government of India is planning to introduce a new policy to encourage the use of biofuels in transport fuel and is looking at an investment of Rs 1 lakh crore (US$ ...

Vedanta plans US$ 2.4-billion capex over two years

Mumbai: Vedanta Ltd has planned a capital expenditure of US$ 2.4 billion over FY 2017-18 and FY 2018-19, across various projects such as Hindustan Zinc, increasing volumes for its ...

Core sector growth up 3.6% in May from 2.8% in April on energy push

New Delhi: India's core sector output grew 3.6 per cent year-on-year in May 2017, up from 2.8 per cent in April 2017, led by the electricity sector and further supported by ref...

DGH opens up entire unexplored area for hydrocarbon firms to search for fossil fuels

New Delhi: The Directorate General of Hydrocarbons, the upstream oil and gas regulator of India, opened up a national data repository of the entire unexplored area in India for hyd...

LPG sales jump by record 9.8 pc on Ujjwala push

New Delhi: Liquefied petroleum gas (LPG) sales rose 9.8 per cent year-on-year to 18.9 million tonnes in the fiscal year ended March 31, 2017, due to the Government of India...