'We would love to have more players entering the market because that is how the business will grow.'
GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said. India's No.1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies. "In 3Q (October-December 2021) we preponed a couple of cargoes (LNG shiploads) from supplies that we were to receive next year and we did it again in the current quarter," Jain told PTI. This is because US LNG costs one-third of the price of gas available in the spot or current market.
Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
In the national capital, the maximum temperature was recorded at the season's highest at 44 degree Celsius.
Multi-core loan default accused and promoter of Rotomac Group 73-year-old Vikram Kothari died in a freak accident at his Kanpur residence on Tuesday morning. According to reports, the erstwhile stationery czar sustained grievous head injuries after slipping in his bathroom and later succumbed to his injuries. He was reportedly alone at his Tilak Nagar residence at the time of the incident. Vikram, also known as 'India's Pen King', was accused in a bank loan scam worth thousands of crores pertaining to Rotomac Global, which exported writing instruments overseas.
The latest Hyundai i20 is an exciting car, given the overall drive experience, transmission, ride quality and tech. And while it may not be as low cost as a Maruti or come with the "heavy German steel-feel" of the Volkswagen, it does carve out a niche for itself at pole position with a combination of technology, styling, drive and ride comfort, and low cost of ownership, says Pavan Lall.
Job postings activity in April witnessed 3 per cent decline sequentially as the country is hit with the second wave of the pandemic leading to lockdowns, according to a report. The data indicates that the employment index saw a decline in job posting activity in April compared to March, by 3 per cent, according to the Monster Employment Index. The overall job postings also witnessed a decline of 4 per cent year-on-year as of April 2021, compared to April 2020.
Rolex has been masterful at playing the demand-supply game, limiting its issue of coveted and in-demand watches to only one or two pieces per dealership.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
The Old Trafford cricket ground had a festive feel with fans from both sides wearing replica jerseys, colourful headgear and sounding hooters as they began trooping in.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.
India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021. The average wealth increased by 25 per cent this year that also saw the livelihoods of thousands of people being hit by the coronavirus pandemic.
Sri Lanka has also imposed a police curfew in Western Province for six hours.
A statement issued by the presidential media division on Friday said an extremist group was behind the unrest near President Rajapaksa's residence in Mirihana.
INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.
Ukrainian cities have been under heavy Russian bombardment while the team has been performing in Beijing
Hiring for management professionals with greater than 16 years of experience witnessed a spike of 66% compared to last year.
Corrosion is a big menace for anything with steel application from rebars in construction, oil and water pipelines, railway track, power distribution poles to automobiles, says Kunal Bose.
The news media, he said, follows him "like never before".
The comedy is stale, but there are bits that make you laugh, notes Divya Nair.
Two terrorists carried out a 'fidayeen' attack on an Army camp in Jammu's Rajouri district in the early hours of Thursday, killing three soldiers.
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
Gujarat, for the second consecutive year, has topped the Niti Aayog's Export Preparedness Index 2021 which is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat was followed by Maharashtra, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh and Telengana, according to the government think tank's report. Union territories and states like Lakshadweep, Arunachal Pradesh, Mizoram, Ladakh and Meghalaya were placed at the bottom.
IMAGES from the English Premier League matches played on Saturday
While the government insists that the road will help in solving traffic woes, environmentalists and locals decry cutting of trees, impact on environment.
'If you persist in opposing the government, they set the ED or the NIA on you. And the courts have not given us much hope.'
These 10 images prove that the world is wonderfully weird.
The Centre is looking to procure around 1 billion syringes between September and December to support the COVID-19 vaccination drive.
The fixture was originally scheduled to be played on May 3 but was postponed after violent clashes between fans and police in which more than 100 supporters forced their way into the stadium and stormed the pitch to protest against the club's owners -- the Glazer family.
Asian Paints, HUL, TCS, Tech Mahindra, Reliance Industries, UltraTech Cement were among the top laggards in the Sensex pack.
The 182-metre statue of Vallabhbhai Patel will be dedicated to the nation on his birth anniversary in Narmada District of Gujarat.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A multi-functional facility, equipped with 36 specially designed vaults for storage of Electronic Voting Machines and VVPATs, was on Friday inaugurated by Chief Election Commissioner Sushil Chandra in Delhi, officials said.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
The researchers said the growth rate of COVID-19 is weakly linked to the outdoor weather, adding that the chances of the survival of the virus "increases roughly by five times under a humid condition as compared to a dry condition."
Ved Prakash who has been working in the field of recyclable raw materials for 29 years aims to 'create value' every day.
A round-up of Saturday's action in the Nations League.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
