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Nidhi Verma

RPT-UPDATE 1-India's Sept industrial output falls at the fastest pace in six years

11 Nov 2019

NEW DELHI, Nov 11 India's industrial output fell at the fastest pace in over six years in September, adding to a series of weak indicators that suggests the country's economic slowdown is deep-rooted and interest rate cuts alone may not be enough to revive growth.

India's September industrial output falls at the fastest pace in six years

11 Nov 2019

NEW DELHI India's industrial output fell at the fastest pace in over six years in September, adding to a series of weak indicators that suggests the country's economic slowdown is deep-rooted and interest rate cuts alone may not be enough to revive growth.

UPDATE 1-India's Sept industrial output falls at the fastest pace in six years

11 Nov 2019

NEW DELHI, Nov 11 India's industrial output fell at the fastest pace in over six years in September, adding to a series of weak indicators that suggests the country's economic slowdown is deep-rooted and interest rate cuts alone may not be enough to revive growth.

India on course for lowest fuel demand growth in six years

07 Nov 2019

NEW DELHI Growth in demand for fuel in India is on course to fall to its lowest in at least six years as the economy slows and after heavy rains impacted gasoil consumption, which accounts for about two-fifth of the nation's overall fuel use.

U.S., allies working to offset loss of Iranian oil: Mnuchin

01 Nov 2019

NEW DELHI The United States is working with allies to ensure adequate global oil supplies after its sanctions barred nations from buying Iranian crude, U.S. Treasury Secretary Steven Mnuchin said on Friday.

IOC profit tanks 83% on inventory losses, lower refining margins

31 Oct 2019

NEW DELHI/BENGALURU Indian Oil Corp Ltd , the country's top refiner, posted an 82.7% slump in second-quarter profit on Thursday, missing analysts' estimates by a wide margin on inventory losses and lower refining margins.

India eyes energy deals with Saudi Arabia during Modi's visit

24 Oct 2019

NEW DELHI India hopes to sign energy deals with Saudi Arabia that include its participation in India's strategic petroleum reserve, during Prime Minister Narendra Modi's visit to the kingdom next week, a government official said on Thursday.

India eases fuel retail rules, allows entry of non-oil firms

23 Oct 2019

NEW DELHI India on Wednesday relaxed its rules for setting up fuel stations in the country after a gap of 17 years, opening to non-energy companies a sector long eyed by global oil majors.

India's September oil imports at three-year low, Saudi regains top spot

22 Oct 2019

NEW DELHI India's oil imports fell to their lowest in more than three years in September to 3.82 million barrels per day (bpd), data obtained from industry and shipping sources showed, as some refiners cut purchases due to shutdowns for maintenance and fuel upgrades.

India's September oil imports at 3-yr low, Saudi regains top spot

22 Oct 2019

* UAE 3rd biggest supplier followed by Nigeria, Angola, Venezuela

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