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TEXT: President Patil's last address to Parliament

 President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

PM dedicates Bina Refinery to nation

 Prime Minister Manmohan Singh, who is on a day's visit to Madhya Pradesh, dedicated the world-class, 6-MMTPA Bina Refinery to the nation here today and said the country will increase its refining......

Rio Tinto to invest for diamond exploration in MP

 British mining major Rio Tinto will be investing Rs 370 crore (Rs 3.7 billion), for exploration and mining of diamonds in Madhya Pradesh's Bunder town, over the next three years, a senior State......

Essar Oil gets SC nod for Jamnagar project

 In a boost to Essar group, the Supreme Court on Monday allowed it to go ahead with its Rs 10,000 crore (Rs 100 billion) oil refinery project at Jamnagar in Gujarat, hanging fire for almost a decade......

India's spectacular story in petroleum refining

 India has witnessed a spectacular growth in the refining sector over the years. In 1947, there was only one refinery located in Digboi with a capacity of 0.25 million tonnes per annum.......

Crude oil tanks; India's gain could be well over Rs 1 lakh cr

 Global crude oil prices tanked to a six-and-a-half-year low on Monday after Chinese stock markets suffered their biggest single-day drop since the global financial crisis, fuelling worries over......

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