The Krishna-Godavari (K-G) basin may prove to be a much bigger play for Reliance Industries Ltd. This follows the announcement that its D4 block could hold twice the reserves of the in-production D6 block to the north.
PM's new vigour should revive investment - but may not return India to nine per cent growth.
While the signals of intent have already gone from North Block, the hiccups this time are coming from officials in the Finance Ministry, who had got used to a certain mindset.
Reservations expressed by the Reserve Bank of India (RBI) notwithstanding, North Block, the finance ministry headquarters, is going ahead with its plans to set up a full-fledged Debt Management Office (DMO) to manage the government debt.
Ahead of a crucial meeting on Jammu and Kashmir, National Security Advisor Ajit Doval on Thursday met Union Home Minister Amit Shah and is believed to have discussed the security situation in the Union territory which has witnessed a spate of targeted killings since May 12.
The Madhya Pradesh directorate general of Hydrocarbons has granted Petroleum Exploration Licence to ADAG for exploration of CBM from Sohagpur (north) block in Shahdol district on August 11, official sources said in Bhopal on Thursday.
Amid the raging row over the controversial 2G note, three ministers on Wednesday night met Finance Minister Pranab Mukherjee at his residence to find a way out to end the political storm.
In an exclusive interview with rediff.com Gopalan replies back to the critics of the Budget presented by Finance Minister Pranab Mukherjee.
The process has been suspended for the time being as Agriculture, Food & Consumer Affairs Minister Sharad Pawar, a political heavyweight, is opposed to any intrusion into his turf.
A Trinamool Congress legislator on Sunday threatened to not support any bill tabled by the government in the West Bengal Assembly in the future and abstain from voting in the upcoming Rajya Sabha polls in the state if 'atrocities' on his loyalists allegedly by a rival faction continued, even as the Bharatiya Janata Party said the collapse of the Mamata Banerjee government was just a matter of time.
As India observes state mourning on Sunday over Queen Elizabeth II's death, many people questioned the decision after the government's attempts to remove 'symbols of slavery' by rechristening Rajpath and unveiling a new naval ensign drawing inspiration from Chhatrapati Shivaji.
Leaders of the banned United Liberation Front of Asom on Thursday met Home Minister P Chidambaram as they began face-to-face unconditional talks with the Centre in an attempt to usher in peace in insurgency-hit Assam.
'The prime minister has not yet expressed anything regarding Manipur. Is Manipur a part of India or not? If it is, why hasn't the Prime Minister of India spoken about it'
A group of Bhopal gas tragedy survivors staged a demonstration in front of the North Block office of Home Ministry where the meetings of Group of Ministers on the issue was taking place.
The posts of finance secretary and secretary, economic affairs department generate ambiguities over ownership of the finance ministry's most important annual exercise.
The aggregate score read 4-2 in favour of the Blues who will now look to land their first ever ISL title on Sunday.
Having made no headway to amend a 26-year-old double taxation avoidance agreement with Mauritius, the finance ministry has hardened its stance against broadening India's economic engagement with the island nation.
Post-Budget, the FM was at his most relaxed as he would get to use his mobiles, and can take visitors.
Corporate lobbyist Niira Radia on Wednesday met Central Bureau of Investigation's Director A P Singh and reportedly raised the issue of a lawyer allegedly threatening her.Radia, who has been questioned by the agency officials in connection with the 2G spectrum allocation scam, met Singh at his North Block office for nearly 20 minutes. During the meeting, she is said to have produced a copy of a letter which has been addressed to the CBI director.
As the operation against Maoists in Lalgarh entered a crucial phase, West Bengal Chief Minister Buddhadeb Bhattacharjee met Prime Minister Manmohan Singh and Union Home Minister P Chidamabaram on Saturday and apprised them of the situation there.
A day after the NDMC's demolition drive following communal clashes, Jahangirpuri's C-Block, the epicentre of Saturday's violence, witnessed heavy security deployment and barricading as it remained out of bounds for the media, and residents stayed indoors.
Indian Industry leaders are elated that the Congress government has returned to power. Here is a wishlist of Cabinet ministers.
Nine MLAs and an MP from Andhra Pradesh are among 21 protestors taken into preventive custody on Tuesday when about 100 activists gathered at high-security North Block violating prohibitory orders, as a meeting on Telengana issue was being held in the home ministry.
Maoists torched three vehicles, two machines engaged in road construction work and four mobile towers at separate places in Chhattisgarh's Kanker district, the police said on Monday.
The real battle is between NSE's Ravi Narain and FT's Jignesh Shah.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
North Block is concerned that when India is trying to attract more investment, putting up restrictions on audit firms could create an avoidable bad advertisement.
The launch of Koel Puri's Clearly Invisible In Paris, in Mumbai, last Friday, revealed Suhana's star power.
Ahead of the first quarterly review of credit policy on Tuesday, RBI Governor D Subbarao on Friday met Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee to review the macro economic situation.
Home Minister P Chidambaram along with his cabinet colleagues Law Minister Veerappa Moily and Health Minister Ghulam Nabi Azad held a meeting on Friday to analyse the Delhi High Court's judgement decriminalising same gender sex.
Three days after he was shot while delivering a speech in the western Japanese city of Nara, Abe Shinzo, Japan's longest serving prime minister, began his final journey in Tokyo.
Sarma said no NDA partner will enter into any alliance with either Congress or the Trinamool Congress after the results are declared on Thursday.
As the ministry of finance gets into the Budget mode, its officials perhaps want to tell themselves, "All is well". So, they have none other than Aamir Khan, alias Rancho of recent Bollywood blockbuster 3 Idiots, talking to them this weekend on Cinema and Society.
The need of the hour is for India to connect with Kashmiris, emotionally connect with them. To listen to their woes, to their horror stories, to the repeated humiliations.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
Going by available indications from North Block, Mr Mukherjee may like to do a Chidambaram when he presents the Revised Estimates on February 27, 2010
When Finance Minister Pranab Mukherjee entered the Committee Room in North Block for the empowered group of ministers' meeting on fuel price hike on Monday, he found Communications Minister A Raja already sitting there.
Pakistan still has to acquire the patience you need in a democracy. The patience to accept that even if I do not like the government I have, I must wait till the next election to change it, explains Shekhar Gupta.
In one of its many arguments, North Block has maintained that direct tax exemptions may be viewed as a subsidy by importer countries, which may then impose countervailing duties on exports from Indian special economic zones. The issue is pending with the empowered group of ministers on special economic zones headed by External Affairs Minister Pranab Mukherjee.
Home Minister P Chidambaram on Monday expressed confidence that the economy would register a very satisfactory growth, although there may be a temporary slowdown.
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