ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion.
Sensex may remain under pressure this week due to weak global factors.
The government is determined to stop generation of black money, he said.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
The government was planning to come up with a new fiscal model giving 'special incentives' for fields that were given out on nomination to ONGC and Oil India, reports Shine Jacob.
Piyush Goyal emphasised that India is committed to pursue a green path to growth.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Blackmail on one side and bullying on the other doesn't make for a constructive partnership, says Sunanda K Datta-Ray.
Addressing the students of the Royal University of Bhutan in Thimphu, Modi asked them to work hard and take the Himalayan nation to great heights.
The court noted that investigation in the case was progressing at a "snail's pace
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
'Anything that is anti-growth is demonised because growth is the biggest religion.' 'Growth is synonymous with progress. In fact, it is the opposite.' 'Exponential growth is cancer.'
Reason behind for the change in his stance: gas price increase.
The PM said a woman's power today underlined inner fortitude and self-confidence, which made her self-reliant.
Every film that Sriram Raghavan makes is a compendium of ideas and sensations that tickle him. Trying to remake a Sriram Raghavan film is like getting excited by somebody else's goosebumps, observes Sreehari Nair.
Prime Minister Narendra Modi on Monday gave a clarion call for a "global people's movement" to bring about a behavioral change to deal with climate change as he made a path-breaking pledge to more than double India's non-fossil fuel target to 400 gigawatts.
Adani Power bagged Jitpur mine in Jharkhand.
Indian industry has accused Narendra Modi of not delivering, but he could not have delivered faster than he has done, argues Vikram Singh Mehta, Chairman, Brookings India. Aziz Haniffa/Rediff.com reports from Washington, DC.
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
It's not every day that an undergraduate from India wins a scholarship to study at one of the prestigious universities in the world.
Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview, suggests former IAS officer Ajay Shankar.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
Lines up a $1-billion capital expenditure plan for exploration purposes abroad.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
'China is constantly probing India's weaknesses.' 'The challenge is to implement a strategy that will allow India to buy time, gather its strength, and eventually counter China,' recommends Harsh V Pant and Vinay Kaura.
Swaraj emphasised that the UN must accept it needs fundamental reform.
'A lot of unauthorised encroachments have taken place in our forest area.' 'The landslides are partly because of such encroachments.' 'The other factor is deforestation.' 'Protection of forest resources is not on the agenda of any government.' 'The damage caused by the rain in Kerala is a man-made factor.'
The deal would allow Japan to export nuclear technology to India.
'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'
Pitching for 'zero tolerance" against terrorism, Prime Minister Narendra Modi on Tuesday told leaders of the five-nation grouping BRICS that the "choices" they make now will shape the future of the world at large.
IT majr Wipro needs stability at the top deck, say industry watchers.
OVL, the overseas arm of state-run explorer Oil & Natural Gas Corporation, and Oil India Limited agreed in June last year to jointly buy Videocon's 10 per cent interest in the Rovuma Area 1 for $2.475 billion.
Govt keen to revive business sentiment in india.
When you know you've done your best, you are likely to feel more relaxed and confident that you will be safe, says Aayushi Lakhapati.
Prime Minister Narendra Modi on Tuesday sought unity among Asian countries and said they must work as Asians to shape the world and reform the global institutions of governance, including the United Nations.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
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