RIL has more than half a dozen undeveloped discoveries.
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RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
The kind of people Narendra Modi has chosen, the decisions he has taken and the rail and central budgets suggests that he is treading carefully in New Delhi. There is less of innovation and more of continuity, so far. He is not ready to rock the boat and start from scratch, says Sheela Bhatt.
The known unknowns in Prime Minister Modi's Saudi visit assume great significance, says Ambassador M K Bhadrakumar.
They also voiced concerns over a double penalty being sought to be imposed on them for KG-D6 fields output not matching targets.
The crackdown in the corporate espionage case led to the arrest of another person on Monday.
The broader markets also ended lower in line with the benchmark indices
Investors booked profits at higher levels with oil shares leading the decline
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
The Oil Ministry is seeking Cabinet nod to allow Reliance Industries to retain three gas discoveries worth $1.45 billion in the eastern offshore KG-D6 block even after expiry of timelines.
Movement of rupee and crude oil prices will also dictate the trend
A comparative analysis of the two companies' rankings on three parameters reveals why ONGC slipped in ranking
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
It is in coal consumption that India most diverges from the rest of the world
Why Dalit leaders cross over to the BJP
Not only do you need an effective and independent regulator, you also need competition to flourish.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
Pushing a barrel of oil back to around $100 would require a reduction of production of about two million barrels a day - a cut that would fall predominantly on Saudi Arabia.
Government's reforms are too half-hearted. But Rahul Gandhi's Congress is too amateurish and inept to hold it to account.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
'Amartya Sen is a citizen of the country who has every right to criticise or give his opinion on a policy decision.' 'Get back at him! Why get back at Harvard?'
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
