Indian Oil Corporation will be investing Rs 1.75 trillion over the next seven years to expand output by 54 per cent to around 100 million tonnes per annum. It has a capex plan of Rs 1.75 trillion over the next seven years. And out of this, Rs 50,000 crore will ...

In BRICS, Brazil has been downgraded to `junk’ and China is battling a growth slowdown. Russia has been the worst-affected by the commodities slump and South Africa’s economy is flirting with contraction. India, on the other hand, is expected to emerge as the world’s fastest growing major economy. Source: ET

The world’s forests have shrunk by three per cent since 1990, an area equivalent to the size of South Africa and India is among the countries who are losing their forest cover faster than others, researchers have warned. The green cover is being more rapidly lost in some of the ...