Insurance policies to be available at post offices

Post offices can now distribute insurance products with IRDA, allowing each circle of the Department of Post (DOP) to act as a corporate agent of insurers."Each Circle of India post should be treated a separate unit in order to grant independent corporate agent licence with various insurers...

GITEX kicks off in Dubai today

India, GCC to form action plan for strategic partnership

India and the GCC will form an action plan for a strategic partnership to forge ahead in several areas of cooperation. This was decided at the final meeting of the India-GCC Strategic Partnership Study Group held in Riyadh.According to Arab news, Indian Ambassador Talmiz Ahmad said that the meeting ...

IOC hikes petrol prices by 72/L<br/>

Indian Oil Corporation today hiked petrol prices by 72 paise a litre from midnight tonight. IOC sources said after the hike, petrol in Delhi will cost 52 rupees 55 paise a litre and the rate in other cities will vary depending on local taxes and levies.Bharat Petroleum Corporation Ltd had yesterday ...

Bharat Petroleum hikes rate by 70 paise

State-owned Bharat Petroleum Corporation Ltd (BPCL) hiked petrol price by 70 paise per litre from Friday night. A BPCL release said in New Delhi with this increase the Petrol price in Delhi will be Rs 52.55 per litre. Rates in other cities will vary depending on local taxes and levies.Industry sourc...

34 more blocks offered for oil and gas exploration

Government has offered 34 more oil and gas exploration and production blocks. The bids will be awarded on 18 the of March.Launching the nineth round the New Exploration Licensing Policy NELP-IX, Petroleum Minister said that ministry plans to complete the process of awarding oil and gas exploration b...

Sensex slums by 372 points, closes at 20125<br/>

Indian stock Markets continued to lose for the second consecutive day.The Sensex at the Bombay stock Exchange today plummeted by over 372 points to close at 20125. 29 companies registered with the BSE dropped on profit booking.Infosys Technologies, Reliance Industries, State Bank of India and Tata C...

India offers 34 oil & gas blocks for exploration under NELP?

Government has offered 34 more oil and gas exploration and production blocks. The bids will be awarded on 18 the of March.Launching the nineth round the New Exploration Licensing Policy NELP-IX, Petroleum Minister said that ministry plans to complete the process of awarding oil and gas exploration b...

BSE sensex tumbles over 300 points<br/>

Indian stock Markets continued to lose for the second consecutive day.The Sensex at the Bombay stock Exchange today plummeted by over 372 points to close at 20125. 29 companies registered with the BSE dropped on profit booking.Infosys Technologies, Reliance Industries, State Bank of India and Tata C...

RBI may need to raise policy rates yet again to tame inflation: Rangarajan

Prime Minister&apos;s economic adviser C Rangarajan says, the Reserve Bankmay need to raise policy rates yet again to tame the high inflationrate of 8.6 per cent. Talking to newsmen in New Delhi he said, focusof RBI would be more on inflation than industrial production numbers.Industrial product...