New Delhi: The cabinet has approved an investment of $2.18 billion (Rs.10,900 crore) by three state-run companies - ONGC Videsh, Indian Oil Corporation and Oil India - in Venezuela's Carbobo oil block.
"The three companies, which together have an 18 percent equity interest in the project were awa ....
Beijing: China's economy would expand 9.5 percent in 2010, the World Bank said in a report released Wednesday.
"In 2010, government-led investment is bound to decelerate, while exports are likely to continue to recover amid a pick up in the global economy, and consumption would remain solid," Xinhu ....
New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia has said food inflation continues to be matter of worry and the government would use food stocks to soften prices when required.
"We will use food stocks, we have to soften food prices as far as possible," he said on the sideline ....
New Delhi: The Empowered Group of Ministers (eGoM) has cleared the draft Food Security Bill, which envisages that every Below Poverty Line (BPL) family in the country will be entitled to 25 kg of wheat or rice per month at the rate of Rs.3 per kg.
Coming out of the meeting, Agriculture Minister Sh ....
New Delhi: India is the second largest growing economy after China, but it will overtake its neighbouring country by 2018, the Economist Intelligence Unit (EIU), the research arm of London-based Economist magazine, said Tuesday.
"We forecast that India will overtake China as the fastest growing maj ....
