The Cabinet on Thursday decided to allow Reliance Industries to almost double the price of natural gas from April provided the firm gave a bank guarantee to cover its liability if gas-hoarding charges are proved.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
The Election Commission asked the government to defer announcement of the new price till completion of the polls and so RIL was asked to continue selling the gas at old rates.
Iran's energy counsellor in India Ainollah Souri says that Iran will send its gas all over the world, and it is up to India to decide whether it wants a share of it.
Dubbing as "paltry" the relief announced recently for Bhopal disaster victims, the opposition on Wednesday demanded a substantial increase in it and asked the government to become a party to a petition filed in a US court to extract compensation from American firm Dow Chemicals.
A delegation of the Maharashtra government, comprising ministers, on Tuesday failed to convince Manoj Jarange, whose hunger strike for Maratha quota entered the 8th day, to withdraw his protest.
The first on the list is Hussain Shaheed Suhrawardy, a Bengali politician from then East Pakistan who served as the fifth prime minister. He was arrested in January 1962 and put in jail on bogus charges of "anti-state activities". His actual crime was his refusal to support military ruler General Ayub Khan.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
The approval is required to put through gas sales agreements with customers, which in turn are required to finalise Gas Transportation Agreements with transmission companies.
Oil Minister M Veerappa Moily approved continuation of the existing rate of $4.2 per million British thermal units until the new government, which will be in place in May, decides on implementation of the new price formula.
Maratha quota protester Manoj Jarange, who has been on a hunger strike in Maharashtra's Jalna district, said on Thursday that their agitation will continue till the state relaxes the condition of genealogy while giving Kunbi caste certificate to the community members from the Marathwada region.
Reliance Industries Ltd on Thursday told the Delhi High Court that the Delhi government's decision to probe the Centre's policy on gas pricing was a "peculiar" and "absurd" situation.
Locals and parents of other children immediately took to the streets following the incident, protesting against the "lack" of proper policing of the major road intersection in the southern part of the city.
Srinagar Senior Superintendent of Police Rakesh Balwal, who has expertise in handling terror-related cases, has been "prematurely" repatriated to Manipur cadre where a fresh bout of violence has worsened the already tense situation.
Sources said the police are likely to seek the Parliament's permission to recreate the December 13 incident that unfolded on the anniversary of the 2001 attack on it.
People must have tolerance for each other's opinion at a time when the tolerance level has gone down internationally, Supreme Court judge Justice Sanjay Kishan Kaul said on Friday.
India and Pakistan will on Tuesday discuss financing of the $4.1-billion Iran-Pakistan-India gas pipeline project, the transit fee that Islamabad will charge for allowing the passage of the pipeline to India and security issues.
The senior BJP leader said voters have always rejected coalition politics as the political parties forming such an alliance don't have any policy or leadership.
Alka Mittal has been appointed interim chairman and managing director of Oil and Natural Gas Corporation (ONGC) - the first woman to head the country's largest oil and gas producer. Mittal replaces Subhash Kumar, another interim head who retired after reaching superannuation age on December 31. "The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Petroleum and Natural Gas for entrustment of additional charge of the post of chairman and managing director (CMD), ONGC to Alka Mittal, director (HR), ONGC for a period of six months with effect from January 1, 2022, or till the appointment of a regular incumbent to the post, or until further order, whichever is the earliest," the Department of Personnel and Training (DoPT) said in an order dated January 3, 2022.
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
RIL Director P M S Prasad addresses the many charges laid at the company's door.
The government has initiated a process to define standards and guidelines for electric charging stations.
Govt diverts Rs 253-crore subsidy savings to the poor.
When he started his indefinite hunger strike in support of Maratha quota in a village in adjoining Jalna district on August 29, it largely went unnoticed, but everything changed on September 1 when violence broke out when local authorities tried to move him to hospital.
Activists of Bharatiya Janata Yuva Morcha, the youth wing of the Bharatiya Janata Party, on Monday clashed with police during their protest over the law and order situation of Uttar Pradesh in front of the state assembly while it was in session, forcing cops to lathi-charge and use tear gas shells.
The monthly electricity bills of the majority of domestic consumers in Delhi -- who use more than 200 units and up to 600 units -- will be hiked by up to Rs 265 due to an increase in the power purchase adjustment cost (PPAC) levied by discoms in the city, officials said on Monday.
Shares of eight of the ten listed firms of the Adani Group ended with gains on Tuesday after taking a beating in recent sessions. Adani Enterprises stock jumped 14.22 per cent to settle at Rs 1,364.05 on the BSE. During the day, it rallied 19 per cent to Rs 1,421.95.
As the 40-day deadline he set before the Maharashtra government to implement Maratha reservation came to an end, activist Manoj Jarange on Wednesday launched his indefinite fast to press for the demand for quota to the community.
Former United States President Donald Trump on Tuesday pleaded not guilty to 37 charges related to the alleged mishandling of classified documents, CNN reported.
Last week, Pakistan and Iran had signed a memorandum of understanding for the implementation of the 2600-km project.
The Union home ministry's notification giving effect to the Government of National Capital Territory of Delhi (Amendment) Act, 2021 came on Tuesday night, as the city battles a ferocious COVID-19 wave and its healthcare system is stretched to breaking point.
Unconfirmed reports said that the CM had typed out a resignation letter but was persuaded by his supporters to tear it up.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.
Delhi Police claims that the FIR reveals serious cognizable corruption & cheating offences, so matter is within its jurisdiction.
Jaipal Reddy, who has been given the science and technology ministry, is deeply upset by his transfer from the petroleum and natural gas ministry and did not come to handover charge to new minister Veerappa Moily.
The fact that Gehlot has stayed relevant these five years with his populist schemes is one reason why he may beat incumbency in a state that votes for change every election, observes Ramesh Menon.
