After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
A surveillance American drone in the Arabian Gulf was intercepted and attacked by Iranian jets earlier in November, the Pentagon has said. "I can confirm that on November 1, at approximately 4.50 am Eastern Daylight Time, an unarmed, unmanned MQ-1 US military aircraft conducting routine surveillance over the Arabian Gulf was intercepted by Iranian Su-25 Frogfoot aircraft and was fired upon with guns," said Pentagon press secretary George Little.
The cover provided under the Centre's Pradhan Mantri Suraksha Bima Yojana, which is a vital safety net for them, ended almost a year back on May 31, 2020. Ever since, there hasn't been much progress on the higher insurance coverage of Rs 5 lakh promised under the newly launched Pradhan Mantri Matsya Sampada Yojana, reports Sanjeeb Mukherjee.
The first joint theatre command would be responsible for the border against Pakistan in what the military refers to as the "western theatre"; while a second command -- the northern theatre command -- would be responsible for the border with China. A third, navy-heavy theatre, called the "maritime command" will be responsible for the security of the Indian Ocean Region (IOR); and an island command, already functional and called the Andaman & Nicobar Command (ANC), would project power into the eastern Indian Ocean.
Aircraft carriers of India, the United States, Japan and Australia are set to take part in the second phase of Exercise Malabar that is scheduled to take place from November 17 to 20 in the Indian Ocean region, the Navy said on Monday.
This year is expected to be an extremely low-key Ramzan with social-distancing imposed across the world, including Saudi Arabia which is home to Islam's holiest shrines.
With the tropical cyclone Tauktae set to cross the Gujarat coast and make a landfall as an 'extremely severe cyclonic storm' by Monday night, the state government has shifted over 1.5 lakh people to safer places and mobilised disaster response teams.
Southwest monsoon hit Kerala on Friday marking the start of the rainy season, four days after its normal onset date.
'If you want help understanding that, I can lend you my encyclopedia from when I was in 2nd grade. It has pictures and everything'
'Expect very heavy rainfall at some places in Uttar Pradesh and Bihar along with sub-Himalayan West Bengal comprising of Alipurduar, Cooch Behar, Darjeeling, Kalimpong, Siliguri, Jalpaiguri, including Sikkim, parts of Arunachal Pradesh, and parts of lower Assam, Rangia downward like Barpeta, Goalpara, Dhubri along with parts of Meghalaya.'
The missile hit a sinking ship with deadly accuracy and the test-firing produced desired results.
"After 20 years of war in Afghanistan, I refused to send another generation of America's sons and daughters to fight a war that should have ended long ago," US President Joe Biden.
Devotees bid a grand farewell to their beloved Lord Ganesh as the immersion of idols began across Maharashtra on Thursday, marking the end of the 10-day-long mega festival.
Immersions of several big idols, including the popular Lalbaugcha Raja, continued into Friday morning, the official added.
Rediff readers shared these interesting photographs of India from their travels.
So far, almost every positive development in terms of the bilateral ties has been overtaken by innate hostility that is often driven by popular sentiments.
Mumbai and certain adjoining areas experienced pre-monsoon showers, sources said on Sunday.
The launching ceremony for the first warship was held at the Hudong Zhonghua Shipyard in Shanghai on Sunday. Pakistan-China defence ties turn a new chapter with the launch of the first ship of Type-054 class frigate, Pakistan's state-run APP news agency reported.
Gujarat state administration is preparing to face 'Cyclone Nilofar', which has developed in the Arabian Sea and is likely to move towards the state's coast, Gujarat meteorological department said.
India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.
There is concern about the poor state of readiness of the navy's 140 warships which face severe shortages in sonar equipment, helicopters and torpedoes.
The death toll on barge P305 that sank in the Arabian Sea four days ago rose to 49 on Thursday with the recovery of more bodies even as the Navy and the Coast Guard continued the search for the 26 personnel missing from the barge and 11 from anchor boat Varaprada, as hopes of finding more survivors of the Cyclone Tauktae fury receded.
Saudi Arabia have extended coach Juan Antonio Pizzi's contract until the end of the Asian Cup in February 2019, the FA said on Tuesday, a day after the 'Green Falcons' claimed a surprise victory over Egypt in their last World Cup game.
With domestic retail fuel prices jumping to record high on rising international oil rates, India on Thursday pressed oil cartel OPEC for 'affordable' oil price within a 'reasonable band' and that the producers should phase out production cuts. OPEC nations such as Saudi Arabia have traditionally been India's principal oil source. But, OPEC and its allies, called OPEC+, ignoring its call for ease supply curbs had led to the world's third-biggest oil importer tap newer sources to diversify its crude oil imports. As a result, OPEC's share in India's oil imports has dropped to about 60 per cent in May from 74 per cent in the previous month.
A fall in crude oil price and Aramco's $75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd's oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the O2C business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter. The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.
Thirteen Iranians were rescued by a US Navy destroyer on Thursday, more than 40 days after their boat was commandeered by suspected Somali pirates in the northern Arabian Sea.
Several computers, laptops, window glasses and furniture were damaged in the vandalism, an official at Koregaon police station said.
The Saurashtra Cricket Association is keeping a tab on the weather forecasts.
The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.
The death Anwar al-Awlaki, leader of Al Qaeda in Arabian Peninsula, is not only a major blow to the terrorist outfit, but also marks another significant milestone in the effort to defeat the organization and its affiliates, United States President Barack Obama said on Friday.
A judicial magistrate the fishermen to jail in Karachi, two days after they were arrested by Pakistani authorities for allegedly fishing in the country's waters.
Tropical storm 'Tauktae' (pronounced as Tau'Te) which had intensified into a very severe cyclonic storm, lies close to the Gujarat coast, the India Meteorological Department said. "The landfall process has started and will continue during next two hours," the IMD said.
22 bodies, 13 from Kottayam district and 9 from Idukki were recovered from various rain-hit areas while National Disaster Response Force teams continued their rescue operations.
We bring you an assortment of the most breathtaking photos in the last 24 hours
The Indian coast guard has rescued six crew members on board an Oman vessel Sakar-7, about 160 nautical miles off Porbandar coast in the Arabian sea.
With the cyclone set to make landfall on Wednesday, Maharashtra and Gujarat activated their disaster response mechanism, deploying NDRF teams and evacuating people from areas likely to be hit.
The missile was fired against a live low flying high speed target. The target was successfully engaged and destroyed
In New Delhi's corridors of power, debate continues on whether the navy even needs a third aircraft carrier.
