No financial details of the deal were disclosed.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
As per revised rules every four tribals is likely to be displaced or affected by projects, as their habitations were rich in natural resources
Prime Minister Narendra Modi also thanked Brazilian President Michel Temer for "understanding India's aspiration" for membership of the Nuclear Suppliers Group.
The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation
The nominees are Congresswoman Deb Haaland as Secretary of Interior, Jennifer Granholm as Energy Secretary, Michael Regan as administrator for Environmental Protection Agency and Brenda Mallory as Chair of the Council of the Council on Environmental Quality.
Narendra Modi on Tuesday tore into Naveen Patnaik government over lack of development in Odisha and mocked the fledgling Third Front, of which Patnaik's Biju Janata Dal is a member, saying its only job is to "save" Congress.
China, Russia, Iran and international terrorism form the 'big four' set of security threats in an era of dramatic change, Britain's chief spy said in a rare public speech on Tuesday.
KCR said he had turned down the Left parties' idea of dislodging the ruling BJP at the Centre.
The average variable pay across sectors is projected at 17.4%.
The film bears its weight largely on Mohanlal's shoulders who mostly looks tired and old as he delivers his flat, unmemorable lines trying to look passionate, observes Divya Nair.
Wishal Soni talks about his eco-friendly, pocket-happy model to save the environment.
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).
A group of public health experts, including doctors from All India Institute of Medical Sciences and members from the national taskforce on COVID-19, have said that mass, indiscriminate and incomplete vaccination can trigger emergence of mutant strains and recommended that there is no need to inoculate those who had documented coronavirus infection.
India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to upstream regulator DGH. As many as 21 blocks or areas were offered for exploration and production of oil and gas in the Open Acreage Licensing Policy (OALP) Bid Round-VI, for which bidding closed on October 6. Besides ONGC and OIL, Sun Petrochemicals was the only other company to have bid, according to 'Summary of Bids Received Against Offered Blocks' posted by the Directorate General of Hydrocarbons (DGH).
President Ram Nath Kovind on Monday said the country's farm production and procurement increased during 2020-21 crop year despite the pandemic and agricultural exports reached a record level of Rs 3 lakh crore during the same period. In his address to the joint sitting of both Houses of Parliament at the start of the Budget session, Kovind said the government is focusing on making the country self-sufficient in edible oils besides making special efforts to promote organic farming, natural farming and crop diversification. "My government is working continuously to empower the farmers and the rural economy of the country... I would like to give maximum credit to the small farmers of the country for this consistent success and strengthening of the agriculture sector," he said.
China is engaged in hotly contested territorial disputes in the South and East China Seas. Beijing has also made substantial progress in militarising its man-made islands in the past few years, which it says it has the right to defend.
Targeting Rahul Gandhi over his party's alliance with fodder case convict and Rashtriya Janata Dal supremo Lalu Prasad, Narendra Modi on Wednesday asked if the Congress vice president plans to guard the country's resources by allying with leaders accused in scams.
Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.
Gas pricing guidelines stipulate that a new gas price will apply to all producers except RIL.
Modi will participate in the first-ever trilateral meeting between Japan, America and India and the 2nd Russia, India China trilateral, which is taking place after an interval of 12 years, on Friday.
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Making a strong pitch before foreign investors at the World Economic Forum, Andhra Pradesh Chief Minister Chandrababu Naidu said the state offers great opportunities in areas ranging from technology to tourism to infrastructure to oil refineries.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
But the measures, particularly in agriculture, may not be enough to revive the sector and double the farm income, says S Mahendra Dev.
Some of the BJP panches and councillors who attended the meeting with Manoj Sinha said they were not impressed with what the new lieutenant governor told them.
In his statement while chairing the debate on "Enhancing Maritime Security - A Case for International Cooperation" via video conferencing, Modi highlighted that maritime routes were being misused for terrorism and piracy.
The blaze at the Oil India Ltd's oil well is so massive that it can be seen from a distance of more than two kilometres, eyewitnesses said.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
India's share in world tourist inflows was only 0.64 per cent in 2012. It could only attract 6.97 million foreign tourists during 2013.
Before repeal of Article 370 and Article 35-A in August last year, non-residents could not buy any immovable property in Jammu and Kashmir. However, the fresh changes have paved the way for non-residents to buy land in the union territory.
Referring to long-pending insurance bill, he said "we are on the verge" of opening the sector a little more.
Chennai Super Kings' head coach Stephen Fleming compared the dew during his team's IPL 2022 match against Lucknow Super Giants in Thursday to the Niagara Falls.
With two ministers and four deputy ministers, the minority community will have better representation in the government to look into the well-being of Malaysian Indians, the New Straits Times said on Thursday.
At least 15 people have died in heavy floods and landslides triggered by continuous rain for the last three days in Assam, where airforce helicopters, army, National Disaster Response Force and State Disaster Response Force have been pressed into service for rescue work, officials said.
'There will be ups and downs, and we have to plan how we live with it now.'
Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.
'They talk about their 2021 centenary goal, their 2035 goal, and their 2049 goal. They're accelerating. There's also been this unfortunately bashing of nationalism inside the People's Republic of China by the government'
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
'The numbers of troops on both sides are enormous.' 'They are about 50,000-60,000 soldiers facing each other in that sector -- that's about the total number of troops that both sides had in the 1962 War in all sectors.'
Vatican greets all Hindus on the occasion of Diwali
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