Iran supply disruption may push crude oil prices up by 30%: IMF

NEW DELHI: IMF chief Christine Lagarde today cautioned that supply disruptions from Iran could push global crude prices by up to 30 per cent, at a time when the price is hovering at USD 125 a barrel.

Indo-Pak trade: India, India Inc welcome "bold move’’

The “bold move” by Pakistan government to prune the negative list has received widespread applause from both sides of the border with Indian Government and India Inc welcoming the move aimed at normalising trade relations between the two nations.

Iraq woos Indian investment

The Iraqi Deputy Prime Minister, Rowsch Shaways, on Tuesday invited Indian industry to actively participate in re-building the war-torn Iraq by making investments and entering into business ventures.

IMF chief discusses eurozone crisis with Pranab

NEW DELHI: International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday had a meeting with Finance Minister Pranab Mukherjee and discussed the global economic environment, particularly in the wake of the continuing eurozone debt crisis and the role that emerging economies need to play in the changing world.

ONGC auction gets bids for Rs. 8,500 cr worth shares

The auction for sale of government’s 5 per cent stake in ONGC on Thursday got bids for 29.22 crore shares worth about Rs. 8,500 crore, but could fetch only about two-third of the targeted proceeds of over Rs. 12,000 crore.