India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
Lewandowski huffed and puffed, but he cut a lonely and frustrated figure
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
'We cannot have bodies putrefying in water.' 'This is a health hazard and it can create a very inflammatory situation.'
The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making plant and an electrolyzer unit to produce green hydrogen as a part of the business, chairman Mukesh Ambani said at the company's annual general meeting with shareholders on Thursday. It will also set up 100 gigawatts (GW) of solar power generation capacity by 2030 and invest in setting up a carbon fibre plant.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
Patanjali's packet milk to be lower than competitor brands by Rs 2 a litre
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
'It is a well-entrenched belief in the downtrodden, the deprived sections, that Modi cares for them. He has come to occupy their mindspace as their messiah.' 'And it is this deprived, dispossessed section that is powering his electoral performance, breaking ancient shibboleths and shackles like religion and caste and region and language,' argues Saisuresh Sivaswamy.
'How and if India retaliates will go a long way toward determining the trajectory of this crisis.'
'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).
"All corona warriors deserve high praise," Kovind said in his televised address.
To lure health-conscious consumers, who prefer lower intake of sugar, Mondelez is launching a variant of its most sold product Dairy Milk bar with 30 per cent less sugar.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.
The Natural History Museum's annual competition and exhibition, Wildlife Photographer of the Year has been the longest-running and most prestigious nature and wildlife photography competition that has been recognising the world's best nature photography every year since 1965.
Chairing the plenary session of an event to celebrate the World Environment Day 2018, being hosted by India, he said India's traditions have for long underlined the importance of living in harmony with nature.
'Maggi issue gave us room for introspection.'
'I have been managing people since I was very young. I really enjoy it.' 'For me, age is only a proxy for experience.'
Sri Lanka and southern India could continue to experience higher than normal rainfall and this could cause further flooding, particularly urban flooding, in certain locations, the report said.
Prime Minster Narendra Modi's op-ed in the German daily Frankfurter Allgemeines talks about development, New Age India and his 'Make in India' campaign. Here's the complete text of the column.
Nanotechnology has remarkable applications in a variety of spheres, including agriculture, animal husbandry and natural resources management.
'We are facing the most critical military situation with China in the last 50 years.'
PepsiCo India's new CEO admits to being an ardent follower of the world's management gurus and they clearly mould his outlook.
Recently, there has been a mushrooming of international apparel retailers.
'He is wily and has everything that a political leader needs to succeed at that level.' 'He would be outstanding as a counter to Modi in the Lok Sabha, if he had the Opposition benches behind him,' says Aakar Patel.
'We need to be in a perpetual state of aggression, and able to swiftly change the goal posts to keep Pakistan in a state of imbalance,' argues Sanjeev Nayyar.
From how to hire the right people for the job to effective ways to upscale your business, these books can guide you to make your start-up dream
'Over the years he has been getting a feeling of being sidelined by his uncle.'
A keen understanding of the way our brain functions is essential to building sustainable routines and habits that set us up for success, says Jay Kumar Hariharan.
At the prison, both Ranjan and Manglik's cell phones were pressed into service by the CBI. Why the CBI didn't bring its own equipment seems a mystery... Ranjan's cell handset was given to Indrani and Manglik dialed it. Indrani then spoke and her speech, that emanated from the phone, via speaker mode, was recorded.
'If some measures are implemented quickly, they can help revive growth.'
We have compiled a list of key factors which led to Warren Buffett's coveted success.
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
'The number of deaths attributable to warming is likely to rise in the future.'
'While US officials understand and accept India's desire for retaliation, they still don't want to encourage steps that would likely lead to war.'
