Several killed after major blast at GAIL pipeline in Andhra Pradesh

Fifteen people were killed and 18 injured when a massive blaze raged through a village in Andhra Pradesh's East Godavari district following a blast in an apparently leaking gas pipeline on Friday......

Why Air Indias' privatisation sailed & BPCL's is dragging on

Changing tracks helps. But, not taking the beaten path isn't always helpful. Illustration: Uttam Ghosh/Rediff.com This is the story of two of India's biggest privatisations - Air India and Bharat......

India to release 5 mn barrels of crude oil from strategic reserves

India plans to release about 5 million barrels of crude oil from its emergency stockpile in tandem with the US, Japan and other major economies to cool prices, a top government official said on......

20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

Petrol at all-time high, diesel crosses Rs 100 in some states

Petrol and diesel price soared to an all-time high across the country on Friday after rates were hiked again by 25 paise and 30 paise a litre, respectively. Illustration: Dominic Xavier/Rediff.com......