In the past, the absence of commercially viable gas prices had not only discouraged high-risk new exploration activity but also hindered the development of some of the existing discoveries, such as the satellite fields in the Reliance Industries' eastern offshore KG-D6 block.
From the Syrian civil war to the Ukrainian crisis to the terror unleashed by the dreaded Islamic State, there was no lack of news in 2014. In this five-part series,rediff.com presents a selection of the year's most enduring moments year from around the world.
'I came to this country from India 20 years ago to create a better life for my family. I am a father of four and a proud American citizen. I am also what America looks like.'
'Every day, I give you some or the other reason.' 'But we should not do politics over the need to bring about change in society.' 'We should follow a collective responsibility and you will see that things will change,' says Narendra D Modi.
On Teachers' Day, Prime Minister Narendra Modi interacted with school children across the country saying girl education is his top priority and the initiative to ensure toilets in all schools was part of this endeavour.
Inter Milan staged a late smash-and-grab raid as goals by Mauro Icardi and Matias Vecino secured a 2-1 home win over Tottenham Hotspur in their Champions League Group B opener on Tuesday.
Donald Trump virtually sealed his Republican nomination for the United States presidential polls on Tuesday night after he scored a major win at the Indiana primary and his nearest rival Texas Senator Ted Cruz bowed out of the race.
A summary of sports events and sports persons, who made news on Saturday
This and more from the happenings in the world of football
After the curtain have come down here are some of the stunning moments from the Rio Olympics that made everyone stand and cheer.
This list goes ahead to prove that people still love the touristy spots!
Defending champion Novak Djokovic moved confidently into the second round of Wimbledon with a 6-4, 6-4, 6-4 win over German Philipp Kohlschreiber on Monday.
Its internet penetration still matches up poorly to other countries
Though hunger levels are not alarming in India, it still fares badly, lagging behind Nepal and Sri Lanka on the Global Hunger Index.
What was the need for Xi Jinping, general secretary of the Chinese Communist Party, President of the People's Republic of China and Chairman, Central Military Commission, to don the new role of Commander in-Chief? Does this mean that the most powerful Chinese leader since Mao faces numerous threats from within the Communist Party?
News of all that's transpired on and off the football field
But Froome's Big Four rivals at the tour -- Alberto Contador, Vincenzo Nibali and Nairo Quintana - weren't the only hurdles in his path. There were outside influences that threatened to derail his campaign.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
There are conflicting signs on India's investment cycle.
'Put cricket, first and foremost, at the centre of every decision you take.' 'The bottom line must always be the sport that we love.' Rahul Dravid as eloquent as always in his M A K Pataudi Memorial Lecture.
United States of America secured their passage into the round of 16 riding on substitute Ayo Akinola's 75-minute strike for a 1-0 victory over Ghana in an enthralling Group A game of the FIFA U-17 World Cup in New Delhi.
Second seed Garbine Muguruza, bidding to add the Wimbledon crown to her French Open title, was sensationally beaten in the second round on Thursday by Slovakian qualifier Jana Cepelova 6-3, 6-2 in the shock of the tournament so far.
Photos from the Wimbledon matches played on Saturday.
Former world number one Andy Murray withdrew from the Brisbane International with a hip problem on Tuesday, further putting in doubt the Briton's prospects of being fit in time for the Australian Open later this month.
A round-up of the World Cup qualifying matches played on Friday.
Luis Suarez returned for Uruguay for the first time since his infamous World Cup biting incident and scored in a 1-1 friendly draw against Saudi Arabia.
A summary of sports events and sports persons, who made news on Tuesday
Coach Pep Guardiola was left thrilled after ManchesterCity revived their Champions League bid by beating his old club Barcelona 3-1 in a gloriously open Group C encounter at the Etihad Stadium on Tuesday.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
Saluting the late MS Viswanathan and his brilliant music.
Here's a glimpse at what happened around the world last week
Railways sprinter Merlin K Joseph smashed the 13-year-old national record in women's 100m race in the semi-finals on Sunday, but could manage only a bronze in the finals on the second day of the 53rd National Open Athletics Championships in Ranchi.
Rediff.com lists 10 athletes who died way before time.
The signs that things were going horribly wrong for Roger Federer were laid bare at Roland Garros.
A superb 83rd minute free-kick from captain Neymar gave Brazil a winning start under new coach Dunga as they beat Colombia 1-0 in a fiercely contested friendly on Friday.
Here's your weekly digest of the craziest stories from around the world.
Full text of Rahul Dravid's Pataudi Memorial Lecture in New Delhi.
'I served the Indian Army and I am an ex-serviceman.' 'I look at this as a battle I am fighting after I left the army.' 'I will not leave till I get her back as my daughter Akhila, and I believe it will happen one day.'
The entire selection process of the IOC chairman was shrouded in mediocrity and mystery.
Sukanya Verma shares her exciting filmi week with us.
