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India, Brazil seek deeper ties in oil, gas sector |
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India and Brazil have decided to enhance ties of cooperation in the oil and gas sector. |
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India, South Africa, Brazil should share mining tech |
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Indian mining companies could invest in Amazon region rich in mineral deposts, it can source clean coal technology from S.Africa. In view of the environmental concerns, India, South Africa and Brazil should share mining technology. |
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The Olympics Effect: Is Chinese growth slowing? |
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China is not fully immune from OECD recession. That apart, the Olympics Effect that delayed investments in projects, slower growth rate of 10% due to tight monetary policies and subdued demand for various and Chinese economy is pausing for breath. |
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India's energy demand to zoom five-fold |
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India's energy demand is estimated to increase five fold over the next twenty five years. India's oil demand to grow at an average annual rate of 3.6 per cent from 119 metric million tonne (mmt) in 2004 to 196 mmt in 2011-12 and 250 mmt in 2024-25. |
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Oil drops further in Asian trade |
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Oil prices continued to move into negative territory Wednesday and fell below $ 78 a barrel in Asian trade. |
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Malaysia cuts fuel prices by 6.1 percent |
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Following drastic fall in global oil prices, Malaysia on Wednesday cut petrol prices by 6.1 percent with immediate effect |
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Oil falls below $79 in Asian trade |
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Oil fell again in Asian trade Wednesday as November delivery fell as much as 60 cents, or 0.8 percent, to $78.03 a barrel in after-hours trading on the New York Mercantile Exchange, and traded at $78.17 at 10:24 a.m. Singapore time. |
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India achieves export target for 07-08 |
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India has achieved its export target of $160 billion for 2007-08, according to Directorate General of Commercial Intelligence & Statistics, (DGCI&S). |
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Govt decides to import 20 MT coal |
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The government has decided to import around 20 million tonnes of coal in this fiscal to contain fuel demand. |
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Fuel price cut viable if oil falls below $61 |
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Consumers in India will have to wait a long time for any reduction in fuel prices to happen even though India's crude oil import price has dropped to the years lowest. |
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Oil prices extend gain in Asian trade |
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Oil prices continued to move upwards Tuesday as rescue plans announced in different parts of the world raised hopes for an economic recovery. |
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Linc Energy Produces fuel from GTL facility |
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Australia’s clean coal technology leader Linc Energy on Tuesday said it has successfully developed high quality synthetic fuel from UCG (underground coal gasification) synthesis gas at its Chinchilla Gas-to-Liquid (GTL) demonstration facility in Queensland. |
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OPEC basket price dips below $80 |
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OPEC on Monday said the price for crude oil produced by its member countries dropped by $5.57 to reach $72.67 last Friday, as financial markets plunged across the globe,. |
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ONGC, GSPC plans to fetch higher prices of gas |
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ONGC along with Gujarat State Petroleum Corp is planning to fetch 20 percent premium over the $4.2 per million unit price fixed for Reliance Industries' gas field. |
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Vimetico acquires China's Yaoling coalmine |
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Global Aluminium major, Vimetico has announced the acquisition of Yaoling Coalmine in Gongyi, China for RMB 213 mn.The acquisition of the Yaoling mine ensures mining rights for 33 years until 2041. The mine, which has 900 employees. |
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India to gain out of Brazilian support for biofuels |
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With increasing bilateral trade, biofuel industry in the country stands to gain out of possible increase in technical support from Brazil which has huge expertise in the field, according to ASSOCHAM.In 2007-08, this trade enhanced to US$ 3 billion mark. |
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Oil slightly up in Asian trade |
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Oil prices regained some losses on Monday in Asian trade and rose more than $ 3 a barrel after world leaders took some steps towards solving the credit crisis. |
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India-China to work out mutually beneficial RTA's |
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Which are the three fruits and vegetables from India allowed entry into China? They are mangoes, grape and bittergourd, 14 other items are yet to be allowed entry into China .Both countries want bilateral investments in various sectors to be increased. |
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N-deal sealed, power sector to get boost |
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This has ended India’s three decades of nuclear apartheid. After signing the pact, Rice said, “This is truly a historic occasion.”
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Big ticket capex investments unhurt by slowdown |
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Capacity expansion plans in India for the first quarter of 2008-09 have fallen by 29% but big ticket and medium ticket investments have not been affected. New capex plans are expected to generate massive employment opportunities to 3 mn people in 3-4 years. |
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JSW Steel's crude steel output crosses 1 mn tonnes |
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JSW Steel has posted the highest ever crude steel production crossing one million tonnes for the second quarter of 2008 (July to September).
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Gold
