India supplies high-speed diesel to Bangladesh
The Dollar Business Bureau Petroleum Minister Dharmendra Pradhan on Sunday met Bangladesh Prime Minister Sheikh Hasina and said India was ready to continue supplying HSD (high-speed diesel) to Bangladesh in a sustainable manner. Pradhan said India will supply 2200 MT HSD from Siliguri Marketing Terminal of Numaligarh Refinery Ltd. (NRL) to Parbatipur Depot of Bangladesh Petroleum Corporation in Bangladesh. The decision to supply HSD was taken on the first day of Pradhan’s 3 day visit to Bangladesh, from April 17-19. “He shared the details of Indian hydrocarbon infrastructure project proposals in Bangladesh including setting up of LPG import terminal at Chittagong by IOCL and sought favourable consideration for creating a win-win situation for both sides. Pradhan also discussed the ‘Indo-Bangla Friendship Pipeline’ and called ...
4G device sales grow in India by 108% during Q12015
The Dollar Business Bureau Increasing use of smartphones and high-speed wireless internet has propelled the sales of 4G devices in Indian markets. According to a market research, sales of 4G-enabled devices that support high-speed data transfer have increased by whopping 108% between January and March this year. Analysts attribute the upward sales to the rising demand of data card and smartphones across the country. The two segments have witnessed an increase of 287% and 111% respectively during this period, said the quarterly report released by CyberMedia Research (CMR). While the total 4G device shipments in the country reached 2.2 million units during January-March 2015, smartphones dominated the market contributing 97% of the devices sold. And, experts predict the trend ...