In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil producers, allowing them to sell petroleum to any company in the local market. The move is set to be beneficial for major crude oil producers, such as state-run Oil and Natural Gas Corporation (ONGC) and Oil India, and private sector majors like Vedanta's Cairn Oil and Gas and Reliance Industries. As of May 31, India was dependent on imports for 86 per cent of its crude oil consumption; domestic production sufficed the remaining 14 per cent demand.
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
The Supreme Court on Wednesday declared as 'invalid' the arrest of NewsClick founder Prabir Purkayastha in a case under the anti-terror law, and directed that he be released from custody.
An RIL spokesperson said that the company has filed its reply to the government's petition on the gas dispute.
The United States continues to remain the world's largest economy.
'We need to understand and respect wildlife behaviour.'
Planning Commission Member K Kasturirangan, who is also former Chairman of Indian Space Research Organisation, said the country should address the question of water recycling, desalination, hydrological mapping and optimisation of water usage.
Chhattisgarh Chief Minister Raman Singh on Sunday said Naxalism will be eradicated from the state where there was no place for left extremism and terrorism.
The Indian Council of Historical Research will undertake a two-month pilot project on 'Ram Setu' later this year to archaeologically "ascertain" if the structures were built naturally or were "man-made".
'The planning and implementation has gone horribly wrong.' 'What they are doing is in effect, establishing a large cheetah zoo.'
RIL counsel said the government had lured RIL to explore, develop and produce gas in the KG basin, before saying the gas produced was a natural resource of the nation, and imposing unviable price control.
Braulio Ferreira de Souza Dias, the executive secretary, Convention on Biological Diversity, stressed that poverty eradication has a lot to do with the agenda on biodiversity which needs to be understood by all.
The Appropriate Arrangement will allow Canadian companies to export nuclear material, equipment and technology for peaceful uses to India, in accordance with Canada's nuclear non-proliferation policy and under safeguards applied by the International Atomic Energy Agency.
Stuart Broad said the defending champions will miss his aura but have enough resources to replace him as a player.
Armed with the Supreme Court observation, the government on Friday said constitutional authorities like the Comptroller and Auditor General should take note of the ruling that auction is not the only method for allocating natural resources.
Justice Khehar, 64, will be the first Chief Justice from the Sikh community and he will succeed CJI Thakur who will be demitting office on January 3, 2017.
Two days after constituting a 10-member Group of Ministers on Telangana, the government reorganised the panel, dropping Minister of Human Resource Development M Pallam Raju and bringing in Defence Minister A K Antony. The number has also been brought down to seven.
"You can memorize 1000s of words, but what do you do if you get a word that you don't know?"
'Imagine what the BJP's urges would be if India's electorate awarded it truly brute majorities like the 400 plus seats the prime minister called for in the 2024 general elections?' asks Shyam G Menon.
With the government making a distinction between the privately-run Reliance Natural Resources Ltd and the government-run NTPC Ltd in relation with the gas dispute with Reliance Industries Ltd, the ministry of power is likely to take up NTPC's case with the Empowered Group of Ministers.
The sustainable competitiveness report measures of the responsible growth of a state.
Iran and Pakistan have signed a deal in Turkey paving the way for constructing the much- delayed natural gas pipeline that was originally envisaged to extend up to India.
Russian billionaire Roman Abramovich emerged victorious on Friday from a long and hugely expensive legal battle with his former friend Boris Berezovsky.
Now that the Bombay High Court has rejected the Ministry of Petroleum and Natural Gas' (MoPNG) attempts to help Mukesh Ambani's Reliance Industries Limited (RIL) wriggle out of its 2005 contract to supply 28 million metric standard cubic metres per day (mmscmd) of gas to Anil Ambani's Reliance Natural Resources Limited (RNRL), the pressure on it has increased several times over.
Interview with chairman, Vedanta.
He wrote to CMs of all state and offered a team of scientists for deliberation.
But to note how the states have become more proactive and aggressive in securing a larger say in an economic policy sphere that still largely remains the domain of the Union government.
Let's take a look at six diamond kings of India who have captured the hearts and wallets of customers around the world.
Terming the recent calamity in Uttarakhand as a man-made disaster, activist Medha Patkar has said it is time to rethink the concept of development. "This disaster has been caused by unplanned development. It is the result of mindless misuse of the state's natural resources. The dams, barrages and tunnels built in the name of hydel projects have impacted the course of the rivers which led to the tragedy," Patkar said.
One of the high points of the proceedings was when Indrani Mukerjea's lawyer smartly utilised Dr Zeba Khan's expert status to pose her A Most Curious Question. He asked her if a skull can grow new teeth, even after the person, who it belonged to, had died, three years before. We can be sure that the discrepancy between the number of teeth discovered in the skull unearthed in 2012 and the skull shown in court in September 2019 will come up soon in Courtroom No 51. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
The Reference has asked the court for its view whether the verdict in the 2G case be given retrospective effect for radio waves granted since 1994.
The government on Tuesday decided to make a Presidential Reference to the Supreme Court asking it whether its judgement in the 2G telecom licences case makes auctioning of natural resources across all sectors mandatory in all circumstances.
Pakistan was ready to buy petroleum products from India if these were offered at "right prices", the country's minister of Petroleum and Natural Resources Asim Hussain said.
The rapid aging of Chinese population attributed to its one child policy implemented over two generations will impact its domestic economic growth. On the other hand, while India is at present one tenth in size of China, it will experience accelerated growth in less than ten years with better infrastructure, political reforms and fi nancial transparency.
Supreme Court ruling on Presidential Reference a booster, it says.
On all other issues, including the future of licences given to incumbents before 2008 on the controversial first-come-first-serve basis and dual technology licences, the status quo will be maintained, meaning there is no question of any cancellation, say experts and telecom companies.
Imperial Energy, which operates in Siberia's Tomsk region and far eastern Kamchatka, has no strategic fields and deposits under its control, business channel RBC TV reported quoting sources in the natural resources and environment ministry. The London-based oil company owns a number of licences and hopes to produce 35,000 barrels per day (bpd) by the end of 2009 and 80,000 bpd by 2011, which could be directly exported to energy-hungry India.
