Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
ONGC must tackle several issues first only then it can turnaround its fortunes.
Of the thousands of railway bridges in India, 36,470 are more than 100 years old, and 6,680 are more than 140 years old! But of these, only 21 rank on the Heritage Directorate of the Indian Railways because for them heritage isn't necessarily a function of age, says Bibek Debroy.
Cyclone Hudhud is set to intensify further into a very severe cyclonic storm in the next 12 hours before it makes landfall on October 12.
The Bhratiya Janata Party has justified its poll alliance with the Telugu Desam Party in Andhra Pradesh despite critical comments made in the past by TDP chief N Chandrababu Naidu.
Energy conglomerate Reliance Industries and its partner BP plc on Friday said they have made a second deep-water gas condensate discovery in the Cauvery basin, off the east coast.
Andhra Pradesh now comes third in ease of doing business.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Punjab politics has produced a dog's breakfast on the river waters issue. Except, you'd see even dogs eat better, says Shekhar Gupta.
After being pounded for an entire day by Cyclone Hudhud, the storm is weakened on Monday leaving behind a trail of destruction in Andhra Pradesh and Odisha.
Duty cut on raw material imports are not likely.
Oil Minister Dharmendra Pradhan had last month told the Parliament that his Ministry has disallowed RIL from recovering $2.376 billion invested to develop offshore Krishna Godavari gas fields as output has fallen drastically and was way below the promised volumes in past four years.
Three ministers from Andhra-Rayalaseema regions submitted their resignations to Chief Minister N Kiran Kumar Reddy late on Thursday night even as at least 15 others are understood to have backed out following a stern warning by the high command.
Reason behind for the change in his stance: gas price increase.
The NHAI says non-availability of funds from private developers and financial institutions is also responsible for major delays.
'Modi's idea of India is to make it less liberal, less tolerant and a less accommodative of diversity.' 'We are headed, if Modi continues, to become an ill liberal democracy.' 'Modi is not Vajpayee. Vajpayee was fundamentally decent, tolerant and fair. He played by the rules of the game. Modi is a different story.'
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
For India's upstream sector that has seen no new discovery coming into production.
The best part -- these trips don't require an airline ticket!
Gas pricing guidelines stipulate that a new gas price will apply to all producers except RIL.
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By the end of 2020, India will lay 32,737 km across the length and breadth of the country. It needs to lay down and comply with strict safety standards especially since some of these pipes will go through areas of dense habitation, says Rashme Sehgal.
The metrological department on Saturday said that Phailin is a very severe 'super cyclone' and its wind speed may go up to 200 and 240 km per hour by noon itself.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
Seeing the potential of shale gas, Reliance Industries moved early to secure a foothold in the Marcellus shale reserves in the US.
The suspense over the controversial bill continues as the BJP insists that it was not introduced as Lok Sabha witnessed its stormiest proceedings ever.
It is the low cost of iron ore extracted from their adivasi homeland mines that enables steelmakers like Tata Steel and Essar, and miners like NMDC, not only to be among the most profitable companies in India, but also gives it the financial muscle to make huge overseas acquisitions. Ultimately, it is the poor adivasi who pays for it with his home and hearth and gets no credit for it! Either from the State, which connives in their exploitation, or the industry that lords over their resources, says Mohan Guruswamy.
'70 per cent of sewage flows untreated into the river along its entire course. Hardwar and Rishikesh remain two of our holiest cities. Then why has the government failed to do anything?' 'If Modi can do with the Ganga what he has done with the Sabarmati, that will be a major achievement.'
From planning Prime Minister Narendra Modi's foreign trips to playing a key role in the Jammu and Kashmir elections, former RSS spokesperson Ram Madhav is become increasingly important in the BJP
The State must stand as a solid tower of confidence to provide a guarantee of safety to its citizens and instill fear in the hearts of offenders. But where is that State, asks Tarun Vijay
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
The International Fleet Review, conceived as a show of the country's naval might and readiness for battle, saw as many as 100 naval ships, including 70 from the Indian Navy, taking part in the second edition of the coveted event.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Even a 6 percent vote-share would make AAP an important player on the national scene. The key lies in strategically concentrating AAP's vote, especially in the cities, so that it can break Narendra Modi's momentum, besides defeating an already weak Congress, says Praful Bidwai.
Harsh Sethi, consulting editor of Seminar magazine, is an analyst who is always lucid and sharp in his commentaries on human rights and development and issues related to politics or nation building. In a rare interview to rediff.com's Sheela Bhatt he spoke on the broader issues related to Congress party's endorsement to a separate Telangana state.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
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