These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
BHEL officials had inspected the site in Singur earlier this month where the state government proposed to set up a 1600 MW mega power plant as a joint venture. Railway minister Mamata Banerjee had last week said the Railways would set up a rail coach factory in the site jointly with the state government or under a PPP model.
Films that amazed Aseem Chhabra at the El Gouna Film Festival in Egypt.
Applications for H-1B visas totalled a record 233,000 for fiscal 2016, according to figures released recently.
With the Supreme Court reinforcing its stay on jallikattu, the state BJP hopes it can persuade its party leadership to bring in an ordinance. But this is a path filled with risk, reports R Ramasubramanian.
The move, however, is unlikely to prompt its rivals in India - Chinese manufacturers like Oppo, Vivo, and Xiaomi - to do the same.
He alleged 'the nexus between the Naxals and the Khalistanis in the AAP will bring back the dark the days of terrorism in Punjab'.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
President Ram Nath Kovind, Vice President M Venkaiah Naidu, Prime Minister Narendra Modi and other leaders condoled the death of Veerendra Kumar.
Flood in the rice bowl: Keralites who lost everything stare at uncertainty.
The Shanghai Composite Index eased 0.2 percent in subdued trading on Wednesday morning.
Under the red alert, which is the highest in the four-tier emergency response system created in 2013, all schools have been ordered to be closed, and outdoor construction halted.
Oil and Natural Gas Corp, Reliance Industries and Indian Oil Corp, the nation's biggest companies, are coming together for the first time, to bid jointly for a vast oilfield in Venezuela, which will require an investment of $16-18 billion.
Infrastructure, stricter implementation boost commercial vehicle sales
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Giant Hurricane Ike began lashing the Texas gulf coast on Saturday with its fierce category 3 winds threatening to shut down United States' oil industry and flood the big water front area which is already under waist deep water. Ike, which has already churned through the Gulf of Mexico, is now on a collision course with Texas, where already over a million people in coastal areas have been evacuated but thousand others have ignored calls to leave, deciding to brave it out.
Ten Indian companies led by the likes of state-run Bharat Heavy Electricals, telecom major Bharti Airtel and Mukesh Ambani-led Reliance Industries have made their way into the Forbes' list of 50 best listed companies in the Asia-Pacific region.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
RIL is also set to file its tariff plans, which will mark the company's intent to commercialise Jio's operations, with the regulator this week
Air quality in the city of 16 million is usually bad in winter.
'The politician in him saw to it that the foundation stone was laid in Ahmedabad in the run-up to the assembly election in Gujarat in 2017.' 'But the statesman in him also wants it to be his legacy.'
Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
Expecting oil prices to remain under pressure, Fitch Ratings said deregulation of diesel prices in October will help in lowering the under-recoveries (which is nothing but international petroleum prices minus the subsidised retail rates).
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
Allegations of strains on democratic and constitutional institutions across the board, security threats from outside, a greedy Opposition inside, were all a part of the package then as now, says N Sathiya Moorthy.
The 3.9 million yuan ($630,000) fine is the biggest-ever.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
Two technocrats, two hard-boiled politicians are India's new Cabinet ministers...
Defence Secretary R K Mathur should take to Prime Minister Narendra Modi just five simple measures that would create or catalyse dramatic improvements across the wider defence arena, says Ajai Shukla.
Shiv Sena's Suresh Prabhu makes predictions ahead of the upcoming Lok Sabha polls
UNICEF estimates that almost 16 million children and their families are in urgent need of life-saving support. Since mid-August, there have been at least 1,288 reported deaths.
Ajit Balakrishnan on mapping the Business Serengeti.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
'Could the Chinese have taken a leaf out of our book?' 'That their unprecedented build-up is their attempt at coercive diplomacy with India?' 'And if so, what is it that they could be expecting as a quid pro quo?' asks Shekhar Gupta.
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