Ad Here  
February
March
April
May
June
July
 
 
Excise duty may halt the war in SUV market TVS bullish on the two wheeler market? Jet-Etihad Rs 2000 plus crore deal to be cleared SpiceJet in the news again Infosys not to cut prices While MoTown is on a tailspin, the telecom sector is staging a rally How important is Modiís German visit... Latin America beckons India for investments Kolkata kisses goodbye to Ambi? Lanco to sell Australian acquisition Trends point to a hung assembly Airlines hit by service tax on lease TCS, Indiaís biggest block buster Fox Star Studios to tie-up with Bolly-wood and Kollywood Hyundai Grand i10 awaiting launch Vodafone to buy out minority shareholders Flipkart India in the red by Rs 280 crore Automobile sector in slump... Vodafone slapped with tax notice of Rs 3700 crore Urja Sangam in Delhi Canada screams over IT outsourcing to India ONGC to draw down on reserves to meet CAPEX needs Capital Notes Wal-Mart studying FDI norms post split with Bharti Plans to double trade with Latin America Singapore Airlines prefers Airbus Carlyle invests in Trehanís Medanta Medical Centre Hunt for new finance secretary on... German envoy Steiner caps a language row Smartphone prices may change LANCO opens negotiations with buyers for Karnataka power plant GMR to raise US $ 250 mn thru QIP Aircraft lessors to get protection from defaulting airlines Renault revving up small car launch
 
Urja Sangam in Delhi

A unique Urja Sangam or Energy Conclave was organised in Delhi by the Ministry of Petroleum and Natural Gas. The conclave was to commemorate 50th anniversary of the state owned ONGC Videsh, Engineers India Ltd and Barauni Refineries of Indian Oil Corporation Ltd.

Prime Minister Modi inaugurated the function attended by the CEOs of the top public and private sector enterprises operating in the upstream and downstream sectors of the Indian oil industry. Modi used the platform to underscore the need for reducing crude oil and petroleum product imports to save valuable foreign exchange for the country. India cannot afford a US $ 164 billion oil import bill as recorded in 2012-13, but India has benefited late last year and early this year from the crash in oil prices by about US $ 50 billion.

Modi asked national oil companies to produce more crude within the country and reduce imports by 20 per cent within 2022, which is a tough target indeed according to oil companies.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com