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.
The BRICS model will need to demonstrate the efficacy of a second alternative governance structure to reform the Bretton Woods legacy.
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
The state government has started advising farmers to adopt 'cosmic farming' in which they need to chant 'Vedic mantra' for 20 days in the farm for better quality and quantity of their crop.
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.
Dietician Komal Jethmalani provides expert help.
Almost every country in the world just signed on to the #ParisAgreement on climate change
A winter World Cup in Qatar may not require cooling systems to lower temperatures in the stadiums as proposed in the bid for a summer tournament, said an executive from the Gulf state's 2022 organising committee.
The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms.
Bunker Roy, founder of the Barefoot College at Tilonia in Rajasthan, was awarded the Clinton Global Citizen Award at a ceremony in New York on September 25.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 per cent.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
The statement comes in the wake of reports that warned of power crisis looming large due to the coal shortage in the country.
Prime Manmohan Singh on Thursday sought Chinese investments in manufacturing and infrastructure sectors in India and called for market access in China for Indian IT and Pharmaceutical firms.
India has made 7,000 reforms for attracting foreign direct investment in various sectors including real estate and defence: Modi.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.
The company will significantly increase its rate of patent filing.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
Microsoft founder and philanthropist Bill Gates promised to extend all support to Centre's efforts to expand the reach and effectiveness of sustainable sanitation services .
Russia is currently building 2000MWe Kudankulam nuclear power plant in Tamil Nadu, which is scheduled to be commissioned in 2007.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.
"The idea is to inform industries about sustainable practices that will reduce their carbon footprint as well as boost their bottomlines," Smarter Dharma founder Sriram Kuchimanchi tells Geetanjali Krishna.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
One million schoolkids around the world build and light solar lamps.
'The Paris Conference is a decisive meeting on climate change.' 'Negotiating an agreement between 196 countries is indeed a challenge.' 'If we go beyond 2°C, the consequences will be extremely difficult to deal with.'The poor are the most vulnerable to the impact of climate change.'
The prime minister said a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
Delaying action on climate change will hurt growth: Global CEOs.
Obama seeks reduction of nuclear arsenal in India and Pakistan while Pakistan seeks NSG membership
'During pregnancy, your body may tell you what it's feeling more acutely than during other phases of life, which is your body's way of adapting to protect your pregnancy.'
'The home ministry has made a serious allegation to the media without providing a scrap of evidence to back it up. We think this shows how worried the ministry has become.'
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
New-generation Yes Bank is in talks with Asian Development Bank for Rs 100 crore (Rs 1 billion) debt.
"India will be home to a fifth of humanity, its economy 16 times bigger than today, and one of the world's largest consumer markets. India will be a world better in many areas"
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
