Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Photographer duo Monica Moghe and Sharik Varma have already covered 3,300 kilometres. This is their story.
This first-of-its-kind-in-India centre is fully funded by Reliance Foundation and includes a negative pressure room that helps in preventing cross-contamination and helps control infection. All beds are equipped with the required infrastructure, biomedical equipment such as ventilators, pacemakers, dialysis machines, and patient monitoring devices.
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
India's network has expanded at a compound annual rate of around 4% which has added more than 4.8 km of additional roads since 1951, but even so the network remains badly underdeveloped
The new government may also introduce a separate scheme for revival of stranded gas-based power projects
Link between oil exploration and markets can be used by India to great advantage.
The Mercedes-Benz SLK 55 AMG's biggest strength is that despite its uber luxe branding, it can be a car for your daily drive
Refining major optimistic on planned investment of $16 bn for expansion and new technology to post healthy margins
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
'The large scale and widespread shrinking of the labour force in November, the peaking of unemployment in October and the fall in lead indicators in October and November point towards a worsening of the slowdown of the Indian economy in the third quarter of 2019-20,' says Mahesh Vyas.
The Hinduja Group flagship firm Ashok Leyland is planning to set up a multi-million dollar plant in Iran for assembling CNG trucks and buses.
India's first indigenous nuclear-powered submarine is a considerable achievement -- and should have an impact on security strategy
The UPA government's commitment to keep the price rise under check notwithstanding, inflation rose by 0.47 per cent to 4.67 per cent for the week ended May 15 due to surging prices of mass consumption items like vegetables, milk and edible oils.
In all, RBI has cut interest rates by 110 bps this year. But this has not yet led to a boost in economic activity. While the growth rate has slowed to a five-year low, consumer confidence is waning and foreign direct investment has plateaued.
Costlier fuels, including LPG, pushed up inflation to 5.38 per cent for the week ended December 6 -- the fourth week in a row that saw rising inflation -- even as prices of vegetables, rice and some edible oils declined.
NTPC to be the worst hit, stock slides to five-year low on announcement.
Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent.
All iconic and very rare to find now, they are still high in demand among the youth
Costlier fuel products and manufactured items including edible oils pushed up inflation to 4.95 per cent during the week ended February 26.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
Government considering proposal to allow conversion of used cooking oil into biodiesel, say Shine Jacob and Shreya Jai.
Eating less than your normal calorie requirements is generally the prime cause of weight loss, says Komal Jethmalani.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
According to International Wine and Spirits Research, India's whisky consumption doubled between 2007 and 2012 to about 1.4 billion litres.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
Will help in reviving the economy and push investment.
'The day I took charge, the PM told me you do the following -- stop imports, talk to all stakeholders and involve them to make mining more industry-friendly without affecting the environment.'
Since the US, the second biggest emitter of greenhouse gases after China, has shifted in a major way to shale gas, the focus of global environmentalists' ire has fallen on India, which is the third biggest emitter, reports Darryl D'Monte.
OMCs are currently incurring daily under-recovery of Rs 230 crore.
Analysts believe making mobile data more affordable will fuel mass market adoption of data services
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
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