Business News

ONGC says Sakhalin-1 output to fall Posted: 17 Sep 2008 02:33 AM CDT NEW DELHI (Reuters) - Oil and Natural Gas Corp Ltd expects output from Russia's Sakhalin-1 project to fall to about 160,000 barrels per day next year from 190,000 bpd, an official at the Indian state-run firm said.

Finmin does not see any payment crisis in capital markets Posted: 17 Sep 2008 02:27 AM CDT New Delhi, Sep 17 (PTI) Finance Ministry does not see any payment related problem in capital markets owing to the US financial turmoil.

Oil rebounds 3 pct after sell-off on AIG rescue Posted: 17 Sep 2008 02:26 AM CDT By Annika Breidthardt

After AIG rescue, Fed may find more at its door Posted: 17 Sep 2008 02:23 AM CDT By Emily Kaiser

CORRECTED - Rupee up after RBI steps, stock cues Posted: 17 Sep 2008 02:14 AM CDT (Corrects paragraph 1 to make clear Tuesday's move was biggest fall in a decade, not biggest fall)

India tells US: Can't hold up n-deals with other nations for long Posted: 17 Sep 2008 02:09 AM CDT New Delhi, Sep 17 (IANS) India is putting subtle diplomatic pressure on the US, telling Washington it was not prepared to put its agreements on nuclear cooperation with other countries on hold indefinitely unless it acts to get early approval by Congress on the bilateral 123 agreement.

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