Saturday, December 21, 2019

NEW DELHI

NEW DELHI: The Delhi high court on Friday asked Reliance Industries Ltd and British Gas to disclose their assets after the Centre sought to restrain them from disposing assets — including RIL’s plan to sell a 20% stake to oil giant Saudi Aramco.

In an application filed in September, the government had sought curbs citing the failure of the two companies to honour their payment under a $4.5-billion international arbitral award in the Panna-Mukta and Tapti (PMT) production-sharing contracts. The PMT contract of 1994 comes to aBig Boss vote Big Boss voteMyna nandhini

Earlier

Earlier this month, Fitch Solutions slashed its 2020 forecast for India’s oil demand growth to 3% from an earlier estimate of 5% because of weaker economic growth prospects in the coming quarters. The International Energy Agency, which expects the country to be the fastest-growing oil consumer through 2040, expects India’s demand growth to slow to 145,000 barrels a day in 2019 and recover to 180,000 barrels in 2020.

Slowing consumption


Slowing consumption growth reflects a widespread slump in demand for goods from cars to houses. India’s economic growth is at a six-year low and latest data shows the country’s industrial production contracted for a third straight month in October, mainly dragged down by energy-intensive industries such as capital goods, infrastructure and construction goods.


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//economictimes.indiatimes.com/articleshow/72901911.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The nation’s consumption

The nation’s consumption of petroleum products in the financial year to March 2020 is expected to rise by 1.3% to 216 million tons, the oil ministry’s Petroleum Planning and Analysis Cell said in its estimates. That’s the slowest since the 0.9% demand growth in 2013-14, when crude oil averaged over $100 a barrel.



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//economictimes.indiatimes.com/articleshow/72901911.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

India expects its oi

India expects its oil consumption to expand at the slowest pace in six years as the economy sputters.

The nation’s consumption of petroleum products in the financial year to March 2020 is expected to rise by 1.3% to 216 million tons, the oil ministry’s Petroleum Planning and Analysis Cell said in its estimates. That’s the slowest since the 0.9% demand growth in 2013-14, when crude oil averaged over $100 a barrel.


Read more at:
//economictimes.indiatimes.com/articleshow/72901911.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Selling your products online

If you want to sell products online, you may can it by creating your own website. As there's lot of competition and several existing websites in place already catering to this market, an attempt to create a niche in terms of products may be considered. Or, you can use the platform such as Amazon, Flipkart to sell. One can increase reach and visibility through affiliate marketing.



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//economictimes.indiatimes.com/articleshow/65290096.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Kindle eBook

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Read more at:
//economictimes.indiatimes.com/articleshow/65290096.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

NEW DELHI

NEW DELHI: The Delhi high court on Friday asked Reliance Industries Ltd and British Gas to disclose their assets after the Centre sought to...