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.
The former Union minister and DMK's "star campaigner" has been asked to respond to the notice by 6 pm on Wednesday.
Operating margins for some companies dipped in Q3, 2021-22 but this sector could be nearing the bottom of the cycle in terms of profits.
According to a report prepared by the NGO, 106 people have died due to cold in Delhi between January 1 and January 19.
Shares of Adani group companies witnessed a massive drubbing in morning trade on Monday, tumbling up to 25 per cent, amid reports that the National Securities Depository Ltd (NSDL) has frozen certain FPIs accounts that have holding in some of these firms.
IMAGES from the IPL 2022 game between Royal Challengers Bangalore vs Rajasthan Royals in Pune on Tuesday.
The police sought the sessions court to quash the CJM order and grant them custody of the three accused.
The high court permitted Mallya to appeal on only one limited ground to be able to address the admissibility of some evidence and interpretations made by the lower court.
IMAGES from the IPL 2022 game between Lucknow Super Giants and Kolkata Knight Riders in Navi Mumbai on Wednesday.
The issue of denial of permission to Mansiya V P to perform Bharatanatyam at Koodalmanikyam temple, Irinjalakuda in Thrissur district has become a matter of debate in the state.
Yogini and wellness expert Shweta Singh tells you how to begin your yoga journey.
Make your celebrations more satisfying with this nutty gujiya.
Reebok ambassador Malaika Arora tells you how to begin your day with the right asanas.
But Trump is about to announce his candidacy for president in 2024. And it is not clear if Florida Governor Ron DeSantis, the present hero of disenchanted Republicans, or Biden, who says he might seek re-election (but will decide in 2023), can checkmate Trump, notes Shreekant Sambrani.
At the recently concluded Dubai airshow, Akasa, Rakesh Radheyshyam Jhunjhunwala's new airline, signed a $9 billion deal with American aircraft maker Boeing to buy its 737 MAX planes and a $4 billion one for engines with CFM, a joint venture between GE of the US and Safran of France. Unlike his financial doppelganger Warren Buffett, who divested billions from his airline stock portfolio at the start of the pandemic, Jhunjhunwala is wagering his billions in a brand new airline. The legendary investor bought a roughly 40 per cent stake in SNV Aviation in September, Akasa's holding company, started in March by three former Jet Airways colleagues. With aviation still to recover from its pandemic slump, the big question around his foray into domestic aviation, due to take off in summer 2022, is whether it is another pie in the sky.
The relative ranking of castes can vary across regions and localities and depends on a number of factors including control over land, wealth, and political power. Castes have often tried to 'upgrade' themselves (a process sociologists refer to as Sanskritization), and sometimes get 'downgraded'. A revealing excerpt from Upinder Singh's Ancient India: Culture Of Contradictions.
Cricket Australia has told the ICC that it was unable to identify spectators who racially abused Indian players during the Sydney Test and the six who were ejected from the stands are not the real culprits, a media report stated on Tuesday.
Reacting sharply to the Global Hunger Report 2021, the Women and Child Development Ministry said it is 'shocking' to find that it has lowered the rank of India on the basis of FAO estimate on proportion of undernourished population which is found to be 'devoid of ground reality and facts, and suffers from serious methodological issues'.
The batting was a big letdown for the Indians with Virat Kohli, Hanuma Vihari, Shubman Gill and Shreyas Iyer failing in both innings, while Shardul Thakur's selection over Ravichandran Ashwin turned out to be a big mistake.
Surrey County Cricket Club is looking into the possibility of hosting matches at The Oval with a reduced capacity of around 6,000 fans when the COVID-19 shutdown ends
Amit Shah believes Bandi Sanjay Kumar is 'single-handedly' capable of unseating the TRS government in the December 2023 assembly election and there is no need for the BJP's central leaders to jump into the Telangana scene.
Jet has pulled out flights from Northeast states and also cancelled its Srinagar flight, leading to reduction in capacity.
These asanas work on balancing the hormonal systems leading to better and regular menstrual cycles, says yogini Ira Trivedi.
The Supreme Court on Thursday asked the civil court in Varanasi to not proceed with hearing the Gyanvapi case till it takes up the matter on Friday.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
A special investigation team is re-examining the scene of a crime decades after two men were allegedly murdered and their bodies set on fire in their house here during the 1984 anti-Sikh riots.
Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
While the BJP alleged that the arrest of its leader Tajinder Pal Singh Bagga was part of Kejriwal's vendetta politics, the AAP rejected the charge and said that Bagga has been arrested for trying to stoke communal tension and violence in Punjba.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
'Section 153A is not meant to protect fragile sentiments of the majority Hindu community who choose to get offended by slogans celebrating the success of the Pakistani cricket team.'
SBI was the top loser in the Sensex pack, shedding over 4 per cent, followed by Bajaj Finserv, Axis Bank, ONGC, ITC, ICICI Bank, Bajaj Finance, Kotak Bank and HDFC Bank.
It was the biggest margin of victory by runs for India in a home match, eclipsing their 337-run win against South Africa in a Delhi Test in 2015.
At Lyngkhong village in East Khasi Hills district, the foundation for the single line fence has been built but the fencing has been stopped due to protests of the residents.
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Prime Minister Narendra Modi will on Friday launch two schemes of the Reserve Bank of India (RBI) that may go a long way in changing how the household sector invests, and complains if anything goes wrong with their savings. These schemes - retail direct and an integrated ombudsman - will be launched by the Prime Minister virtually, in the presence of Finance Minister Nirmala Sitharaman. With the introduction of retail direct, a common man can directly take a position in government securities (G-Sec), considered to be the safest asset class a sovereign can offer.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
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