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United Nations Oil For Food Programme

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Oil-for-food program: companies paid kickbacks

Half the 4,500 companies that took part in the United Nations oil-for-food programme in Iraq allegedly paid kickbacks or illegal surcharges and are being given a chance to respond to the charges,......

Annan says not planning to resign

"Hell no". This is what United Nations Secretary General said when he asked whether he would resign.Annan said he would stick on andwork to realisehis ambitious UN reform plan. These statements......

Natwar Singh, son indicted in oil-for-food scam

The Justice Pathak Committee on Thursday indicted former external affairs minister K Natwar Singh and his legislator son Jagat Singh for procurement of contracts in the United Nations oil-for-food......

Fragile security in South China Sea threat to good order at sea: Navy chief

The fragile security situation in the South China Sea, in addition to violations of established codes of conduct, poses a clear danger to "good order" and "discipline" at sea, Navy chief Admiral R......

Oil-for-food scam: Natwar's plea rejected

The Delhi High Court on Thursday dismissed petitions of former external affairs minister Natwar Singh and his son Jagat Singh seeking direction to the Enforcement Directorate to provide them all......

Iraqi oil exports dry up as war looms

Iraq's UN-supervised oil exports were at a standstill on Monday and will flow at only a trickle this week as dealers stop buying the crude for fear war is imminent, trading sources said on......

Volcker charges baseless, says Anil Agarwal

Associated Chambers of Commerce & Industry president Anil K Agarwal, whose Cosmos Group has been named among the 123 Indian companies that "benefited" from contracts under the United Nations'......

Report on rebuilding Iraq sought

The government has asked the Project Exports Council to prepare a report on the opportunities arising out of reconstruction in post-war Iraq.Minister of State for Commerce and Industry Rajiv Pratap......

Govt panel to assess war impact

The government has set up a standing group on the economic fallout of the ongoing US-led war on Iraq to look into issues particularly related to exports, inward remittances, oil prices and......

No kickbacks in Iraq deal: RIL

Reliance Industries on Monday clarified that the company made purchases from Iraqi crude oil suppliers at the then prevailing international prices and no other payments were involved in these......

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