Thursday 25 December 2014
 
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New Delhi

BREAKING NEWS: Quake hits Pakistan, felt in Delhi

An strong earthquake struck remote western Pakistan on Tuesday and was felt in the Indian capital of New Delhi where buildings shook. The United States Geological Survey said that a 7.8 magnitude quake struck 145 miles southeast o

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TCA Abu Dhabi, TUI target Indian tourists

Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) and TUI, a leading leisure travel company, have teamed up to stage a month long campaign in New Delhi to further bolster Indian visitor numbers to the emirate. Dubbed ‘

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Jet Airways wins key approval for Etihad deal

India's foreign investment regulator gave conditional approval on Monday to a $379 million deal by Abu Dhabi's Etihad Airways to buy a stake in Jet Airways paving the way for more acquisitions in the domestic aviation sector.

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Iran offers India $1bn guarantee for oil shipments

Iran has offered to underwrite insurance for its vessels to keep oil exports to India flowing, after New Delhi asked for assurances to help halt a fall in shipments. Letters seen by Reuters show Iran is offering sovereign guarante

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Iraq offers 3 discovered oil blocks to India

Iraq has offered three discovered oil blocks to India and has agreed to consider investing in the 300,000 barrels per day of Paradip refinery, a unit of Indian Oil Corp, an Indian oil ministry statement said on Thursday. Baghdad h

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Emirates, TUI India ink agent agreement

Emirates Holidays, the tour-operating arm of Emirates airlines, and TUI India, the tour operating arm of Le Passage to India, have signed a memorandum under which TUI India will be the preferred agent for Emirates Holidays in India.

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IndianOil appoints MTI for market study

India's largest company, IndianOil (via Lioc), has retained the services of Bahrain-based MTI Consulting to carry out a study of the fast emerging Myanmar and Indonesian markets. Subodh Dakwale, managing director of Lioc, said

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India plans fund to cover refiners using Iranian oil

India plans to set up a fund to back local insurers providing cover for refiners processing Iranian oil after companies warned they would be forced to halt imports from the sanctions-hit nation, the federal oil secretary said on Sunday.

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India budget calls for tough choices; spending up

India must make tough spending choices, Finance Minister P Chidambaram said on Thursday, even as he unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly anticipated Indian budgets of recent years.

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India’s Iran oil imports drop 21.8pc

India's imports of oil from Iran rose 3.7 per cent in January from December, but overall purchases fell 21.8 per cent in the first 10 months, data from trade sources shows, as New Delhi cut dependence on Tehran under the pressure of sanction

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