BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.
The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy on crude oil produced by firms like state-owned Oil and Natural Gas Corporation (ONGC) and exports of fuels done by companies like Reliance Industries Ltd.
Six minor schoolgirls in the age group of 15-17 years jumped off a speeding pick-up truck after the vehicle's driver and five other occupants allegedly tried to molest them in Gujarat's Chhotaudepur district, police said on Wednesday.
President-elect Donald Trump has nominated Kash Patel, a close confidante, as the Director of the Federal Bureau of Investigation (FBI). This appointment would make Patel the highest-ranking Indian American in Trump's incoming administration. Patel has previously served in various roles in the Trump administration, including Chief of Staff at the Department of Defense, Deputy Director of National Intelligence, and Senior Director for Counterterrorism at the National Security Council. Trump praised Patel's work in uncovering the "Russia, Russia, Russia Hoax" and his commitment to "bringing back Fidelity, Bravery, and Integrity to the FBI." Patel, who has extensive experience in law enforcement and national security, is known for his work on the Russia investigation and his criticism of the "deep state."
Descendants of Netaji Subhas Chandra Bose claim they have documentary evidence to prove that the Renkoji temple authorities in Japan have always been willing to hand over the 'ashes' believed to be his, refuting perceptions of roadblocks to their repatriation. They assert that successive Indian governments have shown little interest in retrieving the remains and conducting DNA tests, despite numerous appeals from the family. The article highlights the conflicting reports and controversies surrounding Netaji's death and the ongoing mystery surrounding his remains.
The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.
Matthew Wade has revealed that his team's defeat to India in the T20 World Cup earlier this year was probably the moment that ended his career as it was the first time that the thought of retirement crossed his mind.
With Jay Shah taking over as International Cricket Council's youngest chairman on December 1, the role of secretary in the mighty BCCI lies vacant and as officials wonder who the replacement might be, they have time to figure out the next course of action.
Jay Shah expressed his vision to grow the global reach of the sport with a particular focus on the opportunity of the Olympic Games in Los Angeles in 2028.
Wriddhiman Saha will retire from cricket at the end of this year's Ranji Trophy.
Kangana Ranaut's decline as an actor feels complete, observes Utkarsh Mishra.
After a disappointing showing in the Test series in Australia recently, the Indian team is eager to make a fresh start in the T20 format.
Shah, the son of India's Home Minister Amit Shah, will have his task cut out as the ICC looks to find an acceptable solution to implement the 'Hybrid Model' for the Champions Trophy originally scheduled in Pakistan.
Shubman Gill acknowledges the immense achievements of Rohit Sharma and Virat Kohli, but aims to carve his own path as a T20I opener
I learnt that Yogi was deeply unhappy with the BJP's choice of Lok Sabha candidates. He had proposed a list of names, but hardly any of his suggestions were accepted.
Jaggery and wheat come together to make the fastest and most perfect Diwali sweet.
To mark the International Women's Day, members of the UP Warriorz WPL franchise visited a jewellary store in Lower Parel.
Rishabh Pant, Shreyas Iyer, K L Rahul and Arshdeep Singh headline the top bracket of elite players at the IPL mega auction.
A yagna was conducted at the Dola Mata temple in Jhulasan village in Gujarat where her father Deepak Pandya hailed from for astronaut Sunita Williams's return from space.
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
Thursday, October 31 is the deadline by which all the franchises are supposed to submit the list of their retained players ahead of the mega auction
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
Ben Stokes is notably absent from the list of 1,574 players who have registered for the IPL 2025 mega auction, scheduled for November 24 and 25 in Jeddah, Saudi Arabia.
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
A special investigation team (SIT) has been formed to unravel the mystery surrounding the alleged theft of 240 British-era gold coins by four policemen in Madhya Pradesh's Alirajpur district, an official said on Wednesday.
Gujarat Titans clinched their second win on the trot as the defending champions handed Delhi Capitals a six-wicket loss at the Feroz Shah Kotla on Tuesday.
Shubman Gill has a 'smart cricketing brain' and can emerge as leader of the Gujarat Titans in the future due to his conduct and work ethics, said the IPL team's director of cricket Vikram Solanki.
AB de Villiers said that if Mumbai Indians (MI) star and Indian skipper Rohit Sharma moves to Royal Challengers Bengaluru (RCB), it would be a massive headline-making move
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
The government on Thursday rolled out the internship programme on a pilot basis that will provide a total annual financial assistance of Rs 66,000 to those in the age group of 21-24 years, and aim to cover one crore youth over five years.
'Bharat Small Reactors are essentially similar to the existing 220 MWe Pressurised Heavy Water Reactors. The existing regulations are applicable for BSRs.'
Maruti Suzuki India on Tuesday said it has commenced export of its sports utility vehicle Fronx to Japan. The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port, the country's largest carmaker said in a statement. Fronx will be the first SUV from Maruti Suzuki stable to be launched in Japan, it added.
The new exchange will also help global companies raise finance from other overseas investors.
The Gujarat Assembly on Friday passed a resolution requesting the Centre to take strict action against BBC for tarnishing the image and popularity of Prime Minister Narendra Modi with its documentary on the 2002 riots in the state.
Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
Foreign direct investment in India jumped 47.8 per cent to $16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at $10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to $5.85 billion and in June to $5.41 billion from $2.67 billion and $3.16 billion, respectively, in the year-ago period.
Maruti Suzuki India Ltd (MSIL), the largest passenger vehicle manufacturer in India, has set a road map to expand its global presence by targeting exports of 800,000 units by the end of this decade -- almost double the approximately 280,000 units sent abroad in 2023-24, Rahul Bharti, executive director, corporate affairs, told Business Standard. The company's upcoming electric vehicle (EV) strategy is expected to play a crucial role in its global ambitions.
'Studying was never an important part of our life, surviving was.'
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
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