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.
In recent years, the twin demands of both religion and defence have been added to the development argument to sweep aside environmental and terrain considerations while undertaking infrastructure development in the Himalayan zone, points out former foreign secretary Shyam Saran.
'Education played the most significant role in entrenchment of Hindutva ideology in coastal Karnataka.' 'Teachers of most of the schools, junior colleges, degree colleges and universities are active agents of Hindutva propaganda.'
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
'Till a cheque comes into my account, I don't feel like a professional actor.'
'It is our right to protest and draw the attention of this government, which is sleeping and appears blind, as it has failed to see the pain and struggle of the jobless youth.'
'I have to take better care of myself.' 'I was lucky that the cancer was diagnosed at a very early stage.'
Once you are done paying your respect to God and Grasshoppers, you circle back to the human beings in Gold, and that's when things become progressively more and more muddled, observes Sreehari Nair.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
as the FAME II deadline of March 31, 2024, nears, EV manufacturers are worried about their investments and future plans.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
The North East is a sizeable success story for the Modi government politically and for the BJP electorally. It will be an unpleasant surprise if they choose to blow it, bowing to their basic, polarising instinct at any point, points out Shekhar Gupta.
While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.
Multilateral platforms are being misused to justify and protect perpetrators of terrorism, External Affairs Minister S Jaishankar said
'This was Indian land the PLA advanced on and occupied.' 'The Chinese then 'negotiated' a pullback of their troops a small distance on Indian territory even as Indian jawans draw back further into India from the forward position.' 'An apparently satisfied Indian government says this is a great move for peace! How great is that for China!'
Chidambaram also stressed that there were lessons to be learnt by the Congress from the Gujarat loss, saying there is no such thing as a "silent" campaign in a hard-fought election.
President Zelenskyy's telephonic conversation with Prime Minister Modi came hours after India abstained on a UN Security Council resolution by the United States that 'deplores in the strongest terms' Russia's 'aggression' against Ukraine.
Addressing party MPs at the general body meeting of the Congress Parliamentary Party in the central hall of Parliament, she said when facing a significant national challenge, it has been the tradition in our country to bring Parliament into confidence.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
The Bharatiya Janata Party in Gujarat is hoping to make a clean sweep in the Dalit and tribal-dominated Sabarkantha district comprising four Assembly constituencies even as unemployment has become a major issue that the ruling party hopes to negate with Hindutva and Prime Minister Narendra Modi's charisma.
Delhi Police arrested five people and apprehended one minor of the same family in connection with the April 16 Delhi Jahangirpuri violence.
'The Khalistanis get bulk of the money from abroad.' 'Where did Amritpal's Mercedes come from, which costs well over Rs 60 lakhs?' 'Where does his fleet of vehicles come from?' 'Local Punjabis can certainly not contribute this kind of money.'
Seeking to address international concerns, foreign ministry spokesman Zhao Lijian said China has been adjusting the zero-COVID policy based on the changing circumstances.
A fresh plea was filed in the Supreme Court on Thursday on the 'hijab' row in Karnataka, raising the issue of the right to practise religion as enshrined as a fundamental right in the Constitution.
'Imagine for a soldier -- first you conquer territory after fighting a fierce battle, suffer casualties and then you are ordered to come back to your side of the International Border in India.'
As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.
Listed companies have seen equity deals worth Rs 23,500 crore in March.
The television premiere of the internationally acclaimed film "The Danish Girl" was put on hold on Sony Le Plex as the channel was unable to receive the necessary certification from the Central Board of Film Certification.
About 65 per cent of the CFOs are positive about India's growth
Prime Minister Narendra Modi on Tuesday gifted a Gond art painting, a specimen of Sanjhi art form and a wooden hand-carved box to his fellow Quad leaders from Australia, the US and Japan, sources said.
Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.
Sreejesh believes goalkeepers are like vintage wine, which gets better with age
The leadership of the powerful Congressional India Caucus has urged the Indian government to ensure that the norms of democracy are maintained.
His remarks assume significance at a time when a large number of Indian students, many of them studying medicine, have been stuck in Ukraine following the Russian attack on that country.
Barcelona wasted a golden opportunity to extend their lead at the top of LaLiga as they were shocked 1-0 at lowly Almeria on Sunday thanks to a first-half strike by El Bilal Toure.
There is little doubt that the Dongria Kondhs are facing their biggest challenge. Being small in number, they need special attention and care in order to fight this deadly virus.
The stadiums at Qatar offer plenty of wisdom and chutzpah on how to take our own lives forward.
In contrast to the inertia in the SP camp, the ruling Bharatiya Janata Party showed no complacency in the run-up to the polls this month.
The move turned into something like a parade, with fascinated onlookers coming out to watch a truck slowly and carefully pull the historic house through the streets of the city.
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