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India to pay Iran $700 mn tranche for oil dues on Wednesday

New Delhi, Sep 28 (IANS) India on Wednesday will pay Iran $700 million towards part settlement of its oil dues, which will be the first payment following Iran’s landmark nuclear deal with world powers in July paved the way for easing sanctions against the country. A senior source told IANS here on Monday that Indian refiners

Global information security spending to grow 4.7 percent: Gartner

New Delhi, Sep 24 (IANS): Worldwide spending on information security will reach $75.4 billion in 2015, an increase of 4.7 percent over 2014, according to a report ...Full Article

Iran offers gas at $2.95 a unit for urea plant at Chabahar port

New Delhi, Sep 23 (IANS) Iran has offered to supply natural gas at $2.95 per mBtu for a urea plant that India will set up at the ...Full Article

ADB cuts India’s GDP growth forecast for fiscal to 7.4 percent

New Delhi, Sep 22 (IANS) The Asian Development Bank (ADB) on Tuesday lowered India’s growth projections for the current fiscal to 7.4 percent, from the 7.8 percent ...Full Article

US, India can’t achieve economic vision without other: US

Washington, Sep 21 (IANS) Neither the US nor India can achieve its economic vision without the other, a top US official said here Monday as the two ...Full Article

US stocks open sharply lower after Fed decision

New York, Sep 18 (IANS) US stocks opened sharply lower Friday as investors were assessing the impacts of the Federal Reserve’s decision to leave short-term interest ...Full Article

Nearly $1 bn tourism loss after Bangkok blast

Bangkok, Sep 8 (IANS) The August 17 Bangkok shrine bombing cost nearly $1 billion in lost tourism revenue to Thailand, the tourism ministry said on Tuesday. In ...Full Article

Banking, insurance operations affected by nationwide strike

Chennai/New Delhi/Kolkata, Sep 2 (IANS) Banking and insurance services were hit on Wednesday as lakhs of bank and insurance employees across the country struck work in protest ...Full Article

Value buying buoys markets; Sensex up 291 points

Mumbai, Aug 25 (IANS) Strong economic fundamentals, value buying and attractive valuations boosted investor confidence in the Indian equity markets on Tuesday leading a barometer index to ...Full Article

China’s monetary easing stabilises rupee; touches 65.86-level

Mumbai, Aug 25 (IANS) Monetary easing in China, strong domestic economic fundamentals and a recovery in equity markets strengthened the Indian rupee to touch an intra-day high ...Full Article