Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.
'Where Pratidwandi is concerned, there are very few men standing.'
At market close, the oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore on BSE.
The decision, that would be reviewed on a month-by-month basis, came a day after England registered its biggest jump in death toll of 39 to hit 177.
Dhrupadi Ghosh, who works for a magazine in Kolkata, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.
European Union steel prices hit their lowest since 2004
His celebratory gesture on Thursday night marks a first for Downing Street, which annually sees the UK prime minister host a Diwali gathering and an Annakut, or spread of festive food, from London's Swaminarayan Mandir next door at No 10.
Reliance Industries, which sold stake worth $21.7 billion in Jio Platforms, kept the league tables moving in spite of the pandemic.
It was amusing to hear Minister Jaishankar's argument of tech companies being influential non-State actors. If only he looked at his own party before saying what he did, notes Shyam G Menon.
'The day the power shifts, they will run across to the other side.'
Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.
'She must first change the Rules of Business 1961 that makes the defence secretary and not the defence minister responsible for the defence of the country!' says Colonel Anil A Athale (retd.)
Young Indians seem genuinely enthusiastic about craft brands that are hip, aspirational and have plenty of the novelty quotient, says Dhruv Munjal.
UK's largest union Unite warned Tata against ducking its promises and conducting a 'fire sale' of its specialty steel business
'Now, no one can stop me from making music till the day I die.'
'Salman has supported me, but at the same time, let me have my own journey.'
Hrithik Roshan has been voted the Sexiest Asian Male of 2019 and of the decade in an online poll released by the British news weekly, Eastern Eye.
Around 8 out of every 10 cars manufactured in the UK is now exported, bound for one of 160 markets worldwide
'We have been told since we were children, that fairness is the only definition of beauty.'
'Jaguar Land Rover will manage the long-term impact and implications of this decision.'
In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mani Ratnam is experimenting with a real-life historical in Ponniyin Selvan, points out N Sathiya Moorthy.
According to official details unveiled by Downing Street on Friday, Trump will arrive for the two-day "working visit" next Thursday afternoon straight from a NATO summit in Brussels, Belgium.
British Vogue's naked photoshoot didn't go down well with the audience.
VIL, in which Vodafone holds 45.39 per cent stake, is staring at unpaid statutory dues of Rs 53,038 crore, including Rs 24,729 crore of spectrum dues and Rs 28,309 crore in licence fee, and has already warned of shutdown if no relief is given.
Veteran doctor and educationist from Karnataka Belle Monappa Hegde and archaeology legend B B Lal were also given the Padma Vibhushan awards.
British billionaire Richard Branson on Wednesday said he will meet Maharashtra Chief Minister Uddhav Thackeray to clear "misunderstandings" and gauge the new administrations interest in the $10 billion Mumbai-Pune Hyperloop project.
'In the process, I hope that our Earth will be able to heal some more.'
The US Open golf championship, which was set for June 18-21 at Winged Foot in New York, has been rescheduled due to the novel coronavirus outbreak, the US Golf Association said on Monday. The new dates for the year's third major are September 17-20 also at Winged Foot.
'The creation of Pakistan was integral to Britain's grand strategy.' 'If they were to ever leave India, Britain's military planners had made it clear that they needed to retain a foothold in the NWFP and Baluchistan because that would provide the means to retain control of Iran, Iraq, Kuwait, the UAE, Bahrain and Qatar.'
Nostalgia in the time of Covid is proving to be big business, observes Aditi Phadnis.
Vistara appoints Vinod Kannan as chief strategy officer; plans to launch its maiden international flight to Colombo in May
Other foreign airlines like Lufthansa, Singapore Airlines and Virgin Altantic have joined Indian carriers in opposing the hike in airport charges.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
The dispute between RCom and Chinese banks led by ICBC started after Anil Ambani led company defaulted on its loans to Indian as well as Chinese banks. A British court on May 22 asked Ambani to pay nearly $717 million to three Chinese banks within 21 days.
Apply for the Young Creative Entrepreneur Award organised by British Council India or nominate a girl student for the Sharmila Erom scholarship and help fund their education.
