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.
The Indian Navy is keeping a close eye on Iranian merchant vessel MV Assa, anchored for over a month off the coast of Kerala.
The government has fixed an indicative value for Delhi's iconic 'The Ashok' hotel at Rs 7,409 crore under the national monetisation programme, according to sources. The Ashok and the adjacent hotel Samrat are among the eight India Tourism Development Corp assets listed under the National Monetisation Pipeline (NMP) announced by Finance Minister Nirmala Sitharaman last year. The sources said investor consultation has already been undertaken and a cabinet note for the sale of the sprawling 25-acre property in the heart of the national capital is under consideration.
External Affairs Minister S Jaishankar took to Twitter to share images of the evacuees after their arrival at the Indira Gandhi International Airport in New Delhi.
Around 1 out of every 5 people who gets COVID-19 becomes seriously ill and develops breathing difficulty, according to the World Health Organisation.
The search for the missing Coast Guard Dornier aircraft and its three member crew continued for the seventh consecutive day on Monday with the involvement of multiple government agencies.
The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.
Given the long distance from the closest land, the Indian Navy has deployed its state-of-the-art Boeing P-8I Poseidon long range maritime reconnaissance aircraft, which have the endurance to reach the location of the incident.
The death toll in the tragedy in the mighty Yangtze rose to 65 as rescuers retrieved another 39 bodies till morning.
India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.
Nirmala Sitharaman has a God given opportunity to orchestrate a transformation in India's defence capabilities. One hopes she has her own counsel and does not overly let the PMO run her ship, says Group Captain Murli Menon (retd).
In a U-turn in the Kerala fishermen killing case, the Union home ministry on Friday asked the National Investigation Agency to dilute the charges against the two accused Italian marines from murder to violence, thus sparing them from the possibility of getting death penalty.
The second batch of 130 Indians rescued from the Italian cruise ship 'Costa Concordia', which hit a rock and sank off the Tuscan coast in Italy last week, returned home on Friday.
The 1,600-member crew and a slew of civilian workers were working like busy bees on Friday preparing the majestic warship IAC Vikrant for its commissioning on September 2.
In the wake of Mumbai attacks, when terrorists used sea route to strike the city, the government today took a host of measures, including acquisition of ships, installation of radars and setting up of new coast guard stations, to strengthen security of coastal areas.
TROPEX-23 this year witnessed the participation of approximately 70 Indian Navy ships, six submarines and over 75 aircraft.
The American oceanographic survey ship which controls the underwater drone seized by China had been spying against the Communist nation posing a threat to Chinese naval ships in the South China Sea, a state-run daily has said while claiming that such activities by the US Navy were "very rampant" in the strategic region.
Sea Vigil-22 will cover the country's 7,516 km-long coastline and exclusive economic zone with the twin aim of checking preparedness of various agencies to deal with any eventualities and bolster overall maritime security.
Giving out the details, the ministry of external affairs said contingency plans for the evacuation of Indians have been put in place but any movement on the ground would depend on the security situation.
India on Tuesday evacuated the first batch of 278 Indians from Sudan on board naval ship INS Sumedha and rushed in essential relief supplies for its remaining stranded citizens as ceasefire appeared to be holding in the strife-torn African country.
There are apprehensions about the possibility of the vessel's tracking systems attempting to snoop on Indian installations while being on its way to the Sri Lankan port.
The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.
A central team on Monday began a probe into allegations that a radioactive contaminated United States ship has been anchored at the Alang coast in Gujarat, even as non-governmental organisations demanded a probe by the Central Bureau of Investigation into the matter.The three-member team comprising an official each from the Central Pollution Control Board, the Steel Ministry and the Atomic Energy Regulatory Board will submit its report by the end of the week.
Ahead of the Budget, the government has achieved almost half the divestment target of Rs 65,000 crore. FY23 divestment receipts are unlikely to be anywhere close to the budgeted target.
On Sunday, 229 Indians arrived in Bengaluru while 365 people reached Delhi the day before.
A British merchant ship, which set sail from Calcutta (Kolkata) in December 1940 but was sunk by a German U-boat before she could reach home with her cargo of 70 lakh ounces of silver (1 ounce = 28.3495231 gm) among other things, has been discovered.
The incursions, according to Taiwan, were made by aircraft, including 12 J-11, 6 J-10, 18 J-16, six SU-30, CH-4, WZ-7, Y-8 EW, Y-8 ESW and KJ-500.
The eastern theatre command of the Chinese People's Liberation Army successfully completed all tasks of its combat readiness patrols and exercises around Taiwan Island, official media in Beijing reported.
Two Indian seafarers stranded without passports on a cargo ship in Iran's port city of Bushehr since 2019, have been released after the Indian embassy in Teheran issued travel documents, the Maritime Union of India (MUI) said on Friday. The claim made by the MUI could not be independently verified.
Ram Sethu, also known as Adam's bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.
Kerala top the list of state-wise break-up of repatriation requests with 25,246, followed by 6,617 from Tamil Nadu and 4,341 from Maharashtra. A total of 3,715 people from Uttar Pradesh requested for evacuation, 3,320 from Rajasthan, 2,796 from Telangana and, 2,786 from Karnataka.
The commissioning of the indigenously-built aircraft carrier INS Vikrant will contribute in ensuring peace and stability in the Indo-Pacific region, Vice Chief of Indian Navy Vice Admiral S N Ghormade said on Thursday.
Taiwan had shifted its purchases of large military platforms and systems, like fighter jets and naval vessels, to smaller lethal anti-ship and surface-to-air-missiles, reported The Singapore Post citing local media.
The department of commerce has urged the agriculture ministry as well as the diplomatic mission in Tehran to apprise it of details as to why Iranian buyers have stopped import of rice and tea from India, a senior government official said. Exporters said that exports of items such as high quality tea and rice have stopped since last week. As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time, they said.
As many as 231 Indians, including 208 Gujarat residents, who were evacuated from strife-torn African nation Sudan under the Centre's 'Operation Kaveri', landed at Ahmedabad airport on Tuesday, said a state government official.
There was no word on the much-anticipated procurement of 26 naval variants of Rafale fighter jets by India from France.
Navy said the landing demonstrated India's capability to design, develop, construct and operate indigenous aircraft carrier with indigenous fighter aircraft.
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
'We need to find out whether any structural element has got fatigue.' 'We want to increase the lifespan of the bridge.'
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