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Oil Minister Dharmendra Pradhan speaks during an interview with Reuters in New Delhi, June 12, 2015. REUTERS/Anindito Mukherjee/Files
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India to bid for Israel oil-and-gas blocks: Pradhan

Indian state-run Oil and Natural Gas Corp plans to bid for Israeli offshore oil-and-gas exploration blocks, India's oil minister told Reuters, the first major deal between the two countries since a groundbreaking trip by Prime Minister Narendra Modi in July.

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India's August gold imports surge on duty-free buying from South Korea

India's gold imports in August nearly tripled from a year ago, despite sluggish domestic demand as a recent tax change that allowed importers to ship in the yellow metal from South Korea without paying customs duty saw some traders purchasing heavily from the country, provisional data from consultancy GFMS showed.

India starts exporting diesel to Myanmar

India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi's pledge to enhance hydrocarbon trade with neighbouring countries.

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