Petroleum Minister Dharmendra Pradhan on Tuesday put state-owned ONGC and OIL on notice saying oil and gas reserves they hold need to be monetised through joint ventures with domain experts or the government will take them away and auction them. Speaking at BNEF Summit, he said state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas. Despite India bidding out acreages to private and other companies since the 1990s, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) hold a "sizeable number of acreage for years," he said.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
The start-up mentors debated if they could drive the price further down, but feared an even lower price would raise doubts about its quality, as was the case with the Tata Nano, reports Amrita Singh.
Neeraj ran in fast, did the crossover. The javelin flew out of his hands and he did not look towards the sector. He just knew he had bettered the first attempt. The moment the javelin left his hand, he knew he had done it.
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
'Assam is not a dumping ground for Bangladeshi Hindu refugees,' says Assamese actor Ravi Sharma who joined the BJP in August and quit the party on December 10 in protest against the Citizenship Act.
Deepak Chahar has replaced Pandya in the squad, Ravindra Jadeja will come in for Axar, while Siddharth Kaul will be flown in as reinforcement for Shardul, the BCCI confirmed on Thursday.
Nearly a 100 members participated in the debate which began Thursday afternoon and concluded at 11.58 pm.
'Over the years he's proved himself with the red ball and even in white ball he doesn't have a bad record. The way he has come back and bowled in Dubai and then two games here. It shows the quality that he has.'
The IPL, which was indefinitely suspended on Tuesday, had bookies plugging an accredited cleaner at Delhi's Feroz Shah Kotla ground for doing 'pitch-siding' which helps ball-to-ball betting.
The transformative improvement promised in Jammu-Kashmir remains largely a mirage, observes David Devadas on the second anniversary of the Constitutional changes in the former state.
The Supreme Court has refused to interfere with the government and RBI's loan moratorium policy, and declined to extend the six-month loan moratorium period.
Investigators call for civilian photos of weather in Kobe Bryant helicopter wreck
The move to impeach Trump gained momentum on Sunday with the House Democrats announcing to introduce the article of impeachment against the outgoing Republican president on Monday.
22 bodies, 13 from Kottayam district and 9 from Idukki were recovered from various rain-hit areas while National Disaster Response Force teams continued their rescue operations.
'Vikram' with rover 'Pragyaan' housed inside is scheduled for a powered-descent between 1 am and 2 am on September 7, followed by its touchdown between 1.30 am and 2.30 am.
'It will be only in fiscal year 2023 when the size of the Indian economy will be bigger than what it was in 2020, you will see demand and employment rising.'
Executives of Indian airlines said that the drop is primarily for flights to major metro cities like Delhi, Mumbai, Hyderabad, Bangalore, which are the prime revenue generators on the domestic front.
Early Cricket Club chairman Gary Shacklady, himself a vegan, realised that many of the meals, especially at away grounds, were inaccessible to many of the players. This included the team's Hindu and Muslim players, who do not eat beef and pork for religious reasons.
Energy's exit is a cautionary tale for several foreign investors in India as close to 16 Gw of solar and wind power projects languish without any power purchase agreement, 24 Gw without transmission connectivity and around 2 Gw unilaterally cancelled by project developers.
With 40 officers and 260 men, INS Kochi sailed into the eye of a cyclonic storm and rescued 125 men who had jumped into the sea from a sinking barge. It was one of the Indian Navy's greatest rescue operations.
While Himanta Biswa Sarma scotched rumours that he would be the king this time, political sources in Guwahati maintained that he, and not Chief Minister Sarbananda Sonowal, had a bigger say in choosing candidates, reports Radhika Ramaseshan.
The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y.
Chief executive officers of airlines have asked the government to bear 50 per cent of three months' salaries of employees.
The caste census has already become a hot-button issue. Unless settled earlier, it will echo loudly in the coming assembly elections and eventually in the 2024 parliamentary poll, notes Virendra Kapoor.
Pune's Mylab Discovery Solutions' CoviSelf, which gives results in 15 minutes, gets ICMR nod
A round-up of results from the Ranji Trophy matches played on Sunday.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
There's no silver bullet to get rid of poverty, says Alok Sheel.
The Tamil Nadu government has been transparent in reporting COVID-19 deaths and no one can hide the information, Chief Minister K Palaniswami said on Thursday, rejecting claims of under-reporting of fatalities. He also asserted there was no community transmission of coronavirus in the state, which has reported 1,500 plus fresh cases for four successive days till Wednesday with the tally crossing the 36,000 mark.
Within two weeks of many airlines deciding to roll back salary cuts encouraged by a steady increase in traffic flow, a second wave of coronavirus along with rules of compulsory RT-PCR test has hit forward bookings. The fears of last summer, when the pandemic had overturned all the wisdom of airline boardrooms, have returned to haunt the aviation industry. According to an official in the Ministry of Civil Aviation, flight occupancy is down to 60 per cent from 70 per cent in the first week of March. Airline lobby group IATA estimates that low cost airlines need to fly at 80 per cent occupancy to be profitable.
The national capital on Friday recorded a 24-hour average air quality index of 239. On Thursday, it was 315, the worst since February 12 when the AQI was 320.
All the top action from Day 8 of the 2022 Winter Olympic Games in Beijing on Saturday.
As India launches the world's most ambitious and biggest vaccination drive against COVID-19, the country will encounter the formidable challenge of rapidly scaling up distribution of the vaccines to secure immunity for its entire population, two prominent Indian scientists at World Health Organisation have said.
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
Moments before Los Angeles basketball great Kobe Bryant, his 13-year-old daughter and the seven others perished in a helicopter crash, the pilot had tried to climb out of layer of clouds, but the aircraft then banked sharply and lurched toward the ground. Investigators with the National Transportation Safety Board (NTSB) estimated Bryant's luxury passenger helicopter hit the ground at a speed of more than 2,000 feet (610 m) per minute.
The southwest monsoon over the country is likely to be normal in July, the India Meteorological Department (IMD) said on Thursday in its forecast for the month.
The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.
Images from the third One-Day International between India and Sri Lanka, in Colombo, on Friday.
The outcome in UP is far more significant than in the other states going to the polls next year. An unlikely setback in UP can cramp the Modi government, virtually making it a lame-duck two years ahead of the 2024 parliamentary poll, observes Virendra Kapoor.
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