Awaiting the outcome of a meeting convened by the Centre, Karnataka Cabinet on Wednesday decided to defer till Thursday a decision on release of 6,000 cusecs of Cauvery water per day to Tamil Nadu as per the Supreme Court direction.
Investors accumulated quality stocks at valuable and attractive levels.
A bandh to protest against the release of Cauvery waters to Tamil Nadu has brought Karnataka to a standstill on Friday
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The 25-year production sharing contract, however, ends in 2029.
Karnataka and Tamil Nadu on Monday sparred at the meeting of Cauvery supervisory committee in New Delhi over the latter's share of the Cauvery water.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
ONGC is raising debt for a spate of acquisitions over the past year
The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government.
Benchmark Brent oil futures prices more than halved between June 2014 and January 2015.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
Indices reversed all its losses during late trades.
Ministers may come and ministers may go but the attitude of the RB remains the same forever, and it is this group that really calls the shots in Indian Railways, says S Pushpavanam.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
By-elections to Lok Sabha and assembly seats in the states of Assam, Tripura, Madhya Pradesh, Arunachal Pradesh, Tamil and West Bengal passed off peacefully on Saturday amidst tight security.
Berhampur, the biggest city in southern Odisha, on Monday looked like a war zone as Cyclone Phailin left behind a trail of destruction. The cyclone accompanied by heavy rain hit Gopalpur, about 15 km from Behrampur, and battered the city and its nearby areas.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
The prime minister's visit to Washington should focus more on shopping for energy security and stopping the US from snooping on us, reigning in its popular and innocuously operated instruments to gather intelligence like Google, says Tarun Vijay.
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
'Why should the people of Odisha divert water from the Mahanadhi when 13 out of 32 districts are chronically drought prone?' 'Water is a state subject. Can you really nationalise rivers for which you need drastic amendments in the Constitution?'
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
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