India on Tuesday opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers mostly in offshore area, as the government looks to boost domestic production to cut imports and help energy security. Petroleum Minister Hardeep Singh Puri launched the 10th bid round under the Open Acreage Licensing Policy (OALP) at the India Energy Week (IEW) in Mumbai.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
Children raping and molesting children -- a situation that is horrifying. Where does the solution to this problem lie? A rediff.com debate.
Triumphant Institute of Management Education (TIME) announces Aqua Regia 2008, a science quiz for school students across the country.
...and say bye to the humanities-science divide, says Ajit Balakrishnan.
A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.
The daily COVID-19 cases have been recorded at less than one lakh for the last 11 consecutive days.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
Human Resource Development Minister Smriti Irani on Thursday rejected allegations that her ministry was trying to push books written by Hindutva ideologues, saying it will abide by "constitutional modalities" before taking any step.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
Gujarat govt had also announced to add Yoga in text books.
On the New Year's day, Assam Chief Minister Tarun Gogoi will present the state's first bravery award to Gunjan Sarma, a 14-year-old girl and a Class VIII standard student of Nazira Central School in Sivasagar district of Assam for showing exemplary courage in saving lives of another children from her school who was taken hostage by a gunman on December 4.
Some 230 kilometres from Kolkata, in West Bengal's Birbhum district, 500 children stand out because of their 'unconventional' education, says Anjuli Bhargava.
'None of his grandparents, and only one of his parents, was born in the US or spoke English as their mother tongue.' 'Of his three wives, one was born in Czechoslovakia and one in Slovenia.' 'Where would Trump have been if they, too, had 'rejected the ideology of globalism and embraced the doctrine of patriotism'?' asks Sunanda K Datta-Ray.
What gets forgotten in the German vs Sanskrit debate is the poor standard of teaching in India.
Experts are upbeat about developing smart cities in India.
How has the Indian State, in principle and practice, given shape to the essential ingredients of the secular principle and composite culture?
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
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