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Tata Chemicals net profit up 32.34% in Q1

Tata Chemicals net profit up 32.34% in Q1

Kolkata, (IANS) : Tata Chemicals on Friday reported a 32.34 percent rise in its consolidated net profit at Rs 279.65 crore for the quarter ended June 30 as compared to Rs 211.31 crore in the corresponding period last year. Its ...

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BJP’s claim of record coal production correct

BJP’s claim of record coal production correct

By Devanik Saha, (IANS) : “#India‘s #coal story: from scarcity to surplus in 2 years!” tweeted Bharatiya Janata Party (BJP) national spokesperson Shaina NC on July 30, 2016. Although Shaina’s tweet did not refer directly to Coal India Limited (CIL), ...

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Oil prices extend losses on glut worries

Oil prices extend losses on glut worries

New York, (IANS) : Oil prices reversed early gains to end lower on Tuesday, with the US oil settling below $40 a barrel for the first time since April, as concerns about a supply glut continued to weigh on the ...

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Coal India gets good response for auction of CPPs

Coal India gets good response for auction of CPPs

Kolkata, (IANS) : In the ongoing coal linkage e-auction for captive power plants (CPPs), the Coal India Ltd (CIL) secured a booking of 12.95 million tonnes of coal against the offered 13.43 million tonnes in the first five days of ...

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OPEC daily basket price closes lower

OPEC daily basket price closes lower

Vienna, (IANS/WAM) : The price of OPEC’s basket of 14 crudes slipped to $39.79 a barrel on Thursday, compared to $40.49 on Wednesday, according to the OPEC Secretariat. The OPEC Reference Basket of Crudes is made up of the following: ...

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Oil prices decline on oversupply worries

Oil prices decline on oversupply worries

New York, (IANS) : Oil prices dropped on Tuesday, with US crude hitting three-month lows, as rising US crude rigs and fuel inventories spurred market concerns that another glut is building up. The West Texas Intermediate for September delivery lost ...

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