Russias First Deputy Energy Minister Alexey Texler said on Friday that the global oil market was over supplied by million barrels per day, but that half of that glut could disappear if an output freeze deal worked.
New Delhi: The government is planning a strategic disinvestment of the Salem Steel Plant (SSP) in Tamil Nadu and not total disinvestment, Lok Sabha was informed on Monday. Steel Minister Chaudhary Birender Singh said the financial reports of the SSP.
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Mumbai: In line with domestic equities, the rupee opened 6 paise lower at a dollar in early trade today due to increased demand for the US currency from importers and banks amid cautious global sentiment.