Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city gas distribution (CGD) companies could also benefit from lower spot prices of liquefied natural gas (LNG). However, in a break from the past, growth trends are expected to diverge for various segments within the broad energy sector. Analysts expect the earnings from gas production to go down for upstream national oil and gas companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) due to the introduction of the new domestic gas pricing regime on April 1. After showing steep losses over the first half of 2022-23 (FY23), the marketing margins of OMCs have steadily recovered in four months.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
British-Somali super-bantamweight Ramla Ali took little more than a minute on Saturday to win the first sanctioned female professional boxing bout held in Saudi Arabia.
There is little appetite among combat aircraft engine makers to share the IP that results from a co-creation project. But Rolls-Royce is willing to walk the Aatmanirbhar talk.
Here's the diverse group of models who made waves on the ramp.
'Now they're talking about changing the Constitution; they feel they have no reason now to hide their intentions.'
Television actor Tunisha Sharma was founding hanging on the sets of a serial in Mumbai on December 24, one more instance of a showbiz aspirant allegedly taking the extreme step.
'The idea of subversive activities is so vague that it could include making fun of the government, being critical of the government.'
A pick of just 10 watchable (a couple of them admittedly in the so-bad-it's-fun category) foreign films starring Bollywood stars in significant roles are available to watch on streaming platforms.
The Supreme Court on Thursday asked the Centre whether social welfare benefits can be granted to same-sex couples without going into legalising their marriage.
The cricketer got engaged to British model-turned-actress Hazel Keech in Bali recently, and we hear the couple is planning to tie the knot in February 2016.
The move comes in the backdrop of a Radio Free Asia report that nearly 250 million people in China may have been affected by COVID-19 in just 20 days after the 'zero-COVID policy' was diluted in the first week of the month.
The jewellery designer opened the show for Helen Anthony.
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.
Will Empire strike back to prevent a game changing election result, asks T P Sreenivasan.
During his stay in London, he was reportedly living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which was reportedly closed last week, The Sunday Times reported.
A look at the star arrivals!
Anna Hazare, who shook the then United Progressive Alliance government three years ago with his anti-corruption crusade, was back in New Delhi on Monday on a two-day dharna protesting against the land ordinance promulgated by the Modi government, accusing it of being pro-corporate.
These cover girls are the reason why it's so hot! Who's your favourite?
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 crore. Under the deal, Axis acquired consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans.
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
It has turned around its domestic operations under the HorizoNext strategy
'You can choose who you would like as your showstopper.' 'You have the freedom to create your own background -- sun, moon and the stars, which may sometimes not be possible in a physical show.'
The BJP on Thursday alleged that the opposition parties have decided to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi just because it has been built at his initiative.
Or has the world seen things like this before, asks Ajit Balakrishnan.
It is not unlikely that ahead of the Lok Sabha elections, the BJP government comes up with more imaginative schemes aimed at constituency-building. The party under Modi's leadership has a more modern thinking in such matters unlike its rivals, which are still steeped only in ideology, points out N Sathiya Moorthy.
The Law Commission has said it is of the considered view that Section 124A of the Indian Penal Code dealing with sedition needs to be retained, though certain amendments could be introduced to bring about greater clarity regarding usage of the provision.
Don't miss the hottest buzz from the world of fashion and entertainment.
The young supermodel follows in on the footsteps of Naomi Campbell. This and more news from the world of glamour and fashion in this edition of fashion roundup!
The concept of 'fairness by rulers' is deeply ingrained in Indians and any weakening of this dents the legitimacy of the ruler, warns military historian Colonel Anil A Athale (retd).
The sister of a suspected Islamic State militant of Indian-origin, who posted a picture of himself recently on Twitter holding his baby son in one hand and an AK-47 assault rifle in the other, has appealed to him to return home even if it means going to prison.
We are currently in a transition phase and its resultant turmoil as a titanic struggle between Indian and Western value systems is being waged, argues Colonel Anil A Athale (retd).
Don't miss the hottest buzz from the world of fashion and entertainment
14-year-old squash sensation Anahat Singh, among the youngest to represent India at the upcoming 2022 Commonwealth Games, hopes to bump into her role model P V Sindhu over the course of her stay in Birmingham.
The top posts on social media from your favourite Bollywood celebrities.
The blonde bombshell has launched yet another intimates line for high street retailer Marks & Spencer.
'You can still hear gunshots, and this time even children know they are not normal.'
'There are many things we need to work on.' 'At the heart of it is, one, the extent of inequality, which is not good for democracy and nation; two, a structural decline on how a country ought to function, how people should be held accountable, whose role is what.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances