The withdrawal of the arbitration will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deep sea at an investment of Rs 40,000 crore by 2022.
Simhastha Kumbh Mela, the largest congregation of faith in the world, began on Tuesday with the traditional ceremony of hoisting of flags and thousands of people taking a holy dip in Kushawart and Ramkund in Godavari river in the two towns.
Tired of living under the restive shadow of communalism, Ayodhya residents, be it Vijay Singh or Mohammad Azim, do not want any fresh political trigger for communal disharmony.
Experts say finding a solution within the high court-mandated timeline of six months may be tough.
Ministry returns guarantee saying new price has not been notified and RIL would have to submit surety as and when it is announced.
Protests against the decision to divide Andhra Pradesh rocked Rayalaseema and coastal Andhra regions for the second day on Thursday, with united Andhra supporters taking out rallies and preventing public transport buses from plying.
Reliance Industries Ltd (RIL) on Wednesday asserted in the Supreme Court that it did not receive any favour from the government in the contract for exploration of oil and gas from Krishna-Godavari basin.
Over the past decade, RIL has never announced lesser dividend to its shareholders even when faced with lower profits
"On the sensitive issue of the huge price rise demanded by natural gas exploring companies in the Krishna-Godavari basin, Modi tried to be evasive but indicated that if required the price may have to be increased," says the interviewer, Dilip Gohil.
Padmanabham said the government has assured him it would obtain the report of a commission on backward classes (for inclusion of the Kapus in Backward Classes), within seven months instead of nine, if possible, and allocate Rs 1,000 crore annually to Kapu (welfare) corporation from next year.
The Coal Ministry has issued show-cause to eight firms including Hindalco Industries and Mahanadi Coalfields, and sought explanation from five firms for delays in commencing production from mines allocated to them.
This classification of districts is to be followed by states and union terrotories till a week post May 3, when the second phase of lockdown will end, for containment operations.
In an 85-page note to the Group of Ministers set up to look into the bifurcation of Andhra Pradesh, Chief Minister Kiran Reddy on Monday raised 36 crucial points why a separate state of Telangana is not desirable.
The South Central Railway as well as the East Coast Railway cancelled several trains while some were terminated midway, officials said, adding a few express trains were also diverted.
RIL, which had made four consecutive gas discoveries with close to 500 billion cubic feet of in-place reserves in block, proposed immediate relinquishment, its minority partner Hardy Oil and Gas plc of UK said on Wednesday.
The company had received a loan restructuring package from banks under the 5/25 scheme last year.
If Vijaykanth and his party stole the media thunder, which lingered in the viewers' mind even while watching Prime Minister Modi's thunderous campaign speech, the latter suffered also owing to visible 'disconnects', says N Sathiya Moorthy.
Reliance concealed and did not reveal the data to ONGC.
'He keeps reminding me he is senior. There is no debate in this. I have never shown any disrespect to you since you are a senior,' the PM said.
A highly respected figure in the field of music, Balamuralikrishna featured in the popular national integration song "Miley Sur Mera Tumhara" in which he rendered Tamil lyrics.
As Cyclone Hudhud is closing in on the Andhra Pradesh coastline and is expected to make a landfall near Visakhapatnam by Sunday afternoon, about 1.11 lakh people in five coastal districts have been shifted to safer places.
RIL has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries.
Beyond the British and Russian strands interwoven into the Indian Navy's equipment profile and the strong drive towards indigenisation evident today, its future in aircraft carriers appears increasingly linked with America.
Reliance Industries Ltd (RIL) said on Wednesday that the government's move to disallow it recovery of certain costs relating to the D6 gas block in the Krishna-Godavari basin (KG-D6) did not amount to a penalty and was also not in line with the contract the two had signed.
People in coastal districts of Andhra Pradesh heaved a sigh of relief on Thursday as the third cyclonic storm in over a month, which was expected to cause extensive damage, weakened before it hit the state.
While government/PSU procedures focus on piece meal & individual tenders taken on standalone basis, avoiding delays and cost of not doing things becomes a primary consideration in PSC procurement
If proved correct, MJ-1 would the third biggest gas field in KG-D6 after D1&D3.
All the essential services, schools and colleges have been excluded from the bandh.
Gas production from Krishna Godavari basin block has dropped to just over 12 mmscmd and RIL is carrying out workover on main Dhirubhai-1 and 3 gas fields.
A man demanding reservation for the community jumped to his death in a river in Aurangabad district.
The government has formed a four-member panel of secretaries to suggest a new gas pricing mechanism.
The e-passport will replace the existing passport document with a plastic card embedded with an electronic chip containing all the details.
To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra Pradesh.
Naidu vowed to hasten the process of securing clearances by industry.
The stampede at Gandhi maidan in Patna added to India's notoriety for deaths due to such accidents, when sudden, uncontrollable crowds surge out of control Stampedes at temples and other religious places in India have claimed more than a thousand lives in the last 10 years in the country. Here is a look at some of the deadliest stampede to have happened in India.
Reliance Industries and its partner BP Plc on Thursday won approval to invest $3.18 billion in R-Series gas field in the flagging KG-D6 block.
Keshav Joshi's tongue in cheek look at Narendra Modi's mega plans.
Marathas, a politically-influential community constituting around 30 per cent of the state's population, have been demanding reservation in jobs and education.
