India buys 370,000 barrels per day of crude oil  from the world’s fourth-largest oil producer,Iran with a cost of  about USD 1 billion every month through Turkey.However, India may face problems in making payments for crude oil it buys from Iran because of recent moves by the US to curb Tehran’s nuclear programme.Routing payments through

Leaving Petty differences in the Past,India & Pakistan now seem to be on the  path of enhancing their trade & Co-operative relations with each other.Both the Countries are entering into an Agreement to exchange Power & Fuel in a hope to boost the Bilateral trade. The two countries have decided to trade in electricity through

On Sunday,the 1st of January,2012, A pleasant surprise came from the Indian Government as a New Year’s Gift to Investors all over the world. India has now allowed foreign individual investors, pension funds and trusts to directly invest in equities.However,this had been predicted earlier.The Situation up till now looked troublesome as Foreign Investors were withdrawing

The Rupee hit yet another record low on Wednesday as worse-than-expected inflation data and the U.S. Fed’s decision to hold back on new stimulus steps heightened fears that capital outflows from emerging economies such as India could accelerate. The rupee closed at 53.71/72 to the dollar after briefly hitting an all-time low of 54, which

The U.S Economy,still burdened with Recession & the ever increasing expenditure on overseas War Operations forced  The U.S. House of Representatives to  pass a  a bill to raise the country’s debt ceiling in exchange for cuts in government spending – one day ahead of a potential default on America’s $14.3 trillion national debt. U.S. President Barack

Bharat Heavy Electricals Limited (BHEL) is one of the old and largest engineering and manufacturing enterprise in India in the energy-related and infrastructure sector which includes Power, Railways, Telecom, Transmission and Distribution, Oil and Gas sectors and many more. It is one of India’s nine largest Public Sector Undertakings or PSUs, known as the Navratnas

Tata Power have set the momentum of growth in India.India’s Largest Private Power Producer,TATA Power Provides Sustainable energy to millions of Indians. TATA Power Company first came into existence with the Amalgamation of Tata Hydroelectric Power Supply Company and Andhra Valley Power Supply Company (1916). Today,it has an an installed generation capacity of over 2670

A US $29.2 billion corporation, the Aditya Birla Group is in the league of Fortune 500. It is anchored by an extraordinary force of 130,000 employees, belonging to 30 different nationalities. In India, the Group has been adjudged “The Best Employer in India and among the top 20 in Asia” by the Hewitt-Economic Times and

Larsen & Toubro (L&T) is a technology-driven USD 8.5 billion company that infuses engineering with imagination. We offer a wide range of advanced solutions, services and products.L&T has an international presence, with a global spread of offices, factories and offices located around the country, further supplemented by a comprehensive marketing and distribution network. L&T’s engineering &

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are