The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Congress MPs Sanjay Nirupam and Priya Dutt on Monday led a protest morcha outside the Reliance Energy office in suburban Kandivli, seeking reduction in power tariffs in the metropolis.
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
As the government began consultations with stakeholders on raising gas prices, gas producers and consumers met a committee of secretaries separately with their pleas on the issue.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
India's dependence on imported crude oil to meet domestic demand has been a matter of concern for years. Delivering the inaugural address at the global energy summit - Urja Sangam - in 2015, Prime Minister Narendra Modi had called for enhancing domestic oil and gas production to cut the import burden. He aimed at lowering it by at least 10 per cent by 2022 - to coincide with the platinum jubilee of India's independence. But this target is far from being achieved and the country's import reliance has only risen.
The government will now examine the report and decide on how and to what extend should ONGC be compensated for its gas being produced by RIL.
The students of Marjory Stoneman Douglas and other United States schools, Tim Cook, India's Indira Jaising and Mukesh Ambani. The names mentioned above have nothing in common... until now. They have all been named as Fortune's World's 50 Greatest Leaders. Here are some of the prominent names mentioned in the list.
With projections suggesting the number of cases in the city will touch 75,000 by the end of May, civic authorities are working overtime to add to the number of beds.
E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
Recent easing of restrictions does not address the pain in the sector.
The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.
Arvind Kejriwal on Tuesday announced his decision to take on Narendra Modi in the upcoming Lok Sabha elections in this temple city while appealing for support to defeat the Bharatiya Janata Party's prime ministerial candidate.
Bull markets need a a charismatic leader and a fancy destination.
The Indian film industry joined hands with Hollywood on Wednesday to counter piracy.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities.
'India has an advantage because we produce more cotton and we have more workforce.'
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
'If some measures are implemented quickly, they can help revive growth.'
India's new soccer league with its cast of celebrity owners, experienced foreign managers and a sprinkling of high-profile players will kick off on Sunday, igniting hopes of waking the country from its football slumber.
Mumbai was excluded from the 20 per cent cut in power tariff charged to domestic consumers, industries and power looms by the state-run Maharashtra State Electricity Distribution Company (MahaVitaran), he lamented while addressing his supporters.
Indian-American business leaders meet to discuss ways to make this initiative a success.
Industry body Amfi to hold meeting to decide on road map.
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Indian oil and gas exploration companies work in silos.
Says Make in India could only succeed with Make in UP, given large sized population and market the state offers
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
Analysts at rating agency ICRA say the debt level of the telecom companies is very high and the ecosystem for the premium band is not in place.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
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