Daily Archives: August 30, 2018

IOC to double retail outlets

State-owned Indian Oil Corporation Limited (IOCL), India’s largest fuel retailer is planning to almost double its retail outlets to more than 52,000 in the next three years, from 27,000 now to maintain its market leadership in fuel retail. These include both company-owned and franchisee-run outlets. Together, state-owned oil marketing companies …

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RBI flags risk of higher inflation

The Reserve Bank of India (RBI) has warned about upside risks to inflation during the remaining part of the current financial year, ‘warranting vigil and readiness’ to deal with them. The risks could emanate from rising commodity prices, especially crude oil, global financial market developments and second-round impact from revision …

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2+2 talks to focus on China

The first U.S.-India 2+2 dialogue next week in New Delhi will discuss regional and strategic issues of Asia and “will also have some real outcomes”, said a senior official of the Donald Trump administration. “China and how to respond to it will be front and centre” of the dialogue, said …

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Joint military exercise in Russia ends

Exercise Peace Mission 2018, the joint military exercise of Shanghai Cooperation Organisation (SCO), ended in Russia on Wednesday with the eight-member states undertaking joint training on combating terrorism. This is the first time India and Pakistan participated in the exercise, which began on August 24 at the firing ranges in …

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‘Sagar Mala detailed project report ready’

A grade separator at the Karnataka Polytechnic Junction and an overpass at Nanthoor Junction here will be built under the Sagar Mala Project, according to Nalin Kumar Kateel, Member of Parliament, Dakshina Kannada. Speaking at a function organised by Mangaluru City Corporation to launch 27 new development projects and inaugurate …

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