State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic growth. Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), GAIL (India) Ltd, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Oil India Ltd (OIL) will together make a 7.4 per cent higher capital expenditure in the 2022-23 fiscal (FY23). The capex spending of Rs 1.11 lakh crore in 2022-23 compares with a revised estimate of Rs 1.04 lakh crore for the current fiscal year that ends in March, according to Union budget documents.
Players along with the team owners and team management have come forward to raise funds
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
There is immense pressure on Biyani to go ahead with the RIL offer after FRL defaulted on its interest payments of Rs 100 crore on July 22.
Mahindra's LSV is an extremely agile combat vehicle with all round protection against small arms fire.
The violence occurred following reports on Monday that Mahinda Rajapksa may offer to stand down as Prime Minister.
The 193-member UN General Assembly adopted the draft resolution 'Humanitarian consequences of the aggression against Ukraine' by Ukraine and its western allies, with 140 nations voting in favour, five against and 38 abstentions. India abstained on the resolution.
In his address to the nation on the eve of 73rd Republic Day, President Kovind noted that democracy, justice, liberty, equality and fraternity form the bedrock of India and stressed that the observance of Fundamental Duties mentioned in the Constitution creates the proper environment for the enjoyment of Fundamental Rights.
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at $37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart group chief executive officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.
Delhi's Lieutenant Governor V K Saxena on Monday sent a legal notice to Aam Aadmi Party leaders, accusing them of levelling 'false and derogatory' allegations against him, days after they claimed he was involved in a Rs 1,400-crore 'scam' during his tenure as the Khadi and Village Industries Commission (KVIC) chairman.
Billionaire Mukesh Ambani's Reliance Industries is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm. Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter. The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.
The Chinese sub-contractor had been removed following the directives of the ministry of power regarding vulnerabilities in the power supply system and network.
India is much better placed today to deal with future waves of the pandemic relative to the first wave, RBI deputy governor Michael Patra said.
The drug comes in powder form in a sachet, which is taken orally by dissolving it in water. It accumulates in the virus-infected cells and prevents virus growth by stopping viral synthesis and energy production.
The BJP's 2022 assembly election win may have further consolidated Adityanath's stock within the BJP. The saffron party is now set to win the UP state polls twice in a row, a feat achieved by no other party in three decades.
India, which has been at the forefront of the years-long efforts to reform the UNSC, began its two-year tenure at the Council on Friday last.
Exploiting the killings to ratchet up the tension in the region and harden negotiating positions with the central government serves nobody, least of all the people of Nagaland. The peace process must not be stalled because of this incident or distracted by calls to repeal the AFSPA, argues Vivek Gumaste.
Punjab Kings batsman Nicholas Pooran will donate a portion of his IPL salary to help the Indian people as the country battles a severe second wave of the COVID-19 pandemic.
The memorandum of understanding on mutual logistics support is the first such major agreement that Vietnam has signed with any country.
Heading G20 will give India a foreign affairs year like it has never had in history. You can trust Narendra Modi to exploit this to India's benefit. And, of course, to his own in his election year, explains Shekhar Gupta.
It is the first-ever visit by a head of the Indian Army to South Korea.
India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 46 per cent jump in net profit for the three months ended June on the back of bumper earnings from oil and telecom businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 17,955 crore during April-June period -- the first quarter of 2022-23 fiscal year -- from Rs 12,273 crore in the year-ago period, it said a stock exchange filing.
Celebrity yogini and wellness entrepreneur Ira Trivedi suggests a few postures that will help activate and improve your immune system.
'Which will not happen.' 'Foreign Minister S Jaishankar has expressly refuted Beijing's statement that normalcy was returning to Sino-Indian relations.'
Like most army combat uniforms, this one has been designed to serve two requirements: First, protection against harsh climatic conditions, including extreme heat and cold. Second, the need to provide soldiers' outfits with field camouflage, so as to increase his battlefield survivability.
Putin is looking beyond the current regime in Kyiv. Of course, if the Western military assistance to Kyiv continues in any form, Washington knows that Russia will regard it as a hostile act and there will be severe consequences, predicts Ambassador M K Bhadrakumar.
The Assam government has raised demand for coordinated action in Arunachal Pradesh,Nagaland, Manipur and Meghalaya if training, arms supply transit routes of and shelters of militants are to be choked.
China is all set to send on Thursday the first three crew members to its under-construction space station which is expected to be Beijing's eye in the sky and will rival the ageing International Space Station (ISS).
Dr Fauci said that India needs to immediately build makeshift field hospitals like what China did a year ago.
The global trials were halted after a study participant suffered a 'potentially unexplained illness, reports Sohini Das.
It is the first visit abroad by a senior Union minister in four months as foreign travels were restricted in view of the coronavirus pandemic.
Three Chinese astronauts on Thursday entered the country's new space station after their spaceship successfully docked with it, just over seven hours after the launch from the Gobi Desert, in a major milestone for the Communist giant's space exploration plans and its bid to become a leading space power.
Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon.com Inc on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.
The pre-owned vehicles arm of the Mahindra Group plans to add 30 outlets in a few days taking the total number to 1,000.
Sri Lankan Prime Minister Mahinda Rajapaksa resigned on Monday, hours after his supporters attacked anti-government protesters outside embattled President Gotabaya Rajapaksa's office, leaving at least 78 people injured and prompting authorities to impose a nationwide curfew and deploy army troops in the capital.
In a major relief to component suppliers in the nuclear energy sector, the government on Tuesday said they will not have any "obligation" if there is any liability. However, the major suppliers, for instance companies building the reactors, will not be absolved if there is such an eventuality.
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
'If the dimensions of the strategic partnership worked out by India and the US seem like a grand alliance targeted at you-know-who, China had better realise that it has fathered it,' says B S Raghavan, a long time observer of China.
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