India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
A substantial deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, a cache so large its exploitation could change the country's destiny, according to a media report. A three-year survey was undertaken in collaboration with a friendly country to verify the presence of the oil and gas reserves, DawnNewsTV quoted a senior security official as saying on Friday.
Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.
'Professor Kitagawa is an exceptional researcher, a good teacher and above all a great person.'
The Leh Apex Body (LAB) is demanding a judicial probe into the recent violence in Leh, which resulted in four deaths and numerous injuries. The LAB co-chairman, Chering Dorjay, denies any foreign involvement and alleges excessive force by police and CRPF personnel.
Benchmark BSE Sensex tanked 824 points to settle at a fresh seven-month low on Monday following heavy selling in IT and oil & gas shares amid weak global trends. The 30-share BSE barometer plunged by 824.29 points or 1.08 per cent to close at 75,366.17 with 23 of its constituents ending lower and seven with gains. During the day the index moved between a high of 75,925.72 and a low of 75,267.59.
The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.
A post by the oil ministry featuring V.D. Savarkar alongside Mahatma Gandhi and other freedom fighters has drawn criticism from the Congress party, accusing the BJP of distorting history.
Terming the charge that Wangchuk incited the violence in Leh as 'misplaced', she claimed that he has been protesting in the "most Gandhian way possible" and the "situation escalated" on September 24 due to the actions of the CRPF.
American Jessica Pegula reached her second straight US Open semifinal with a clinical 6-3, 6-3 win over twice Grand Slam champion Barbora Krejcikova on Tuesday.
Indian OMCs have not been buying Iranian or Venezuelan crude which is actually sanctioned by US. OMCs have always complied with the price cap of $60 for Russian oil recommended by the US.
Opener Pathum Nissanka struck 68 as Sri Lanka beat Hong Kong by four wickets in their Asia Cup match in Dubai on Monday.
Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday.
Terror outfits in Jammu and Kashmir are now constructing elaborately-designed underground bunkers deep inside thick forests and elevated ridges instead of taking shelter in local houses, officials said. This tactical shift, fuelled by eroding local support, presents a new challenge to the Army and other security forces.
'The petrol lobby is very rich and strong.'
A 22-year-old youth from Telangana, Sai Teja Nukarapu, was shot dead at a gas station in the United States where he was working. The incident occurred in the early hours of Saturday Indian time near Chicago. Sai Teja was not on duty but helping a friend who asked him to stay on for some time. The friend had gone out on some work. Sai Teja had completed his BBA in India and was pursuing his MBA in the US. He was also doing a part-time job at the gas station. The body is expected to reach India next week.
The Nepal Army has imposed a nationwide curfew to curb potential violence following protests and the Prime Minister's resignation.
'Gandhi had given the call 'Do or Die'. And with all the leaders arrested, you had to be your own leader.'
Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report.
Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.
'Discontent is deepest among young people.' 'They are weary of inequality, exclusion, and empty promises.'
A US lawmaker and former officials warn that President Trump's policies are damaging the strategic partnership between the United States and India, potentially driving India closer to China and Russia.
Among Sensex firms, Tata Motors rose the most by 3.5 per cent while Adani Ports gained 3.16 per cent. Reliance Industries rose by 2.82 per cent. Eternal, Tech Mahindra, Kotak Mahindra Bank, Hindustan Unilever and Maruti were also among the gainers. However, Bajaj Finserv, Power Grid, Mahindra & Mahindra and HCL Tech were among the laggards.
Senior Congress leader Shashi Tharoor says US tariffs are negatively impacting India, leading to job losses, and criticizes President Trump's diplomatic behavior.
At least 19 people were killed and dozens injured on Monday as violent protests by youths rocked the Nepalese capital and certain other areas over the government's decision to ban social media sites, prompting authorities to deploy the army in Kathmandu to control the situation.
Security has been increased in Uttar Pradesh districts bordering Nepal following violent protests in Nepal over a ban on social media. Authorities are monitoring the situation and have increased patrols and surveillance.
India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation.
'This escalation was definitely not part of Gen Z's plan. It seems now that these external forces were keenly observing the initial developments from the sidelines and jumped into the fray, taking advantage of the situation, finding that the time was suitable for such acts'
Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.
'Geopolitically and diplomatically it's a very difficult situation for India.'
Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.
A profile of veteran Nepali politician K P Sharma Oli, detailing his rise to power, his various stints as prime minister, and his impact on Nepal's political landscape.
The collective West has always opposed strong leaders and economic development in India, asserts Colonel Anil A Athale (retd).
After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs. Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
Gor underlined that President Trump has a "deep friendship" with Prime Minister Narendra Modi, and that is something that is unique.
Indian economy grew by 7.8 per cent in April-June -- the highest in five quarters -- before the disruptive US tariffs were imposed.
'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.
The Congress party has accused Union Minister Nitin Gadkari of conflict of interest, alleging his sons' companies have benefited from the government's ethanol blending policy. The BJP has rejected the allegations.
Following the collision, the driver fell from the bus and the passenger vehicle, without anyone behind the steering wheel, continued moving for some time and stopped after hitting a stack of bricks, the IG said.
