Why does the world's fastest-growing major consumer of energy fail to attract investments in oil and gas? This is a question worth pondering after private sector conglomerate Reliance Industries Ltd (RIL) failed to close a $15-billion downstream asset deal with Saudi Arabia's national oil company, Aramco. It's understandable if multi-billion dollar investments in oil and gas projects or deals involving state companies that need to traverse a complex bureaucracy at state and federal levels and the corridors of ministries unravel. However, Mukesh Ambani-run RIL, India's most successful energy company, is not typically known to fumble on closing deals (Ambani closed deals worth around Rs 2 trillion early last year in telecom and retail with blue chip investors).
The BJP's bucket list this time includes districts such as Sultanpur, Aligarh, Firozabad, Deoband, Ghazipur, Basti and Mirzapur -- to rename a few. Virendra Singh Rawat reports.
The petitions alleged that these laws would dismantle the Agricultural Produce Market Committee system intended to ensure fair prices for farm products
The session will begin with the address of the President to the joint sitting of the two Houses on Friday morning followed by the presentation of the Union Budget on February 1.
The Muslim Women (Protection of Rights on Marriage) Bill 2017 seeks to criminalise instant divorce, triple talaq. The bill was passed in the Lok Sabha with most of the leading parties in the Opposition, including the Congress, voting in favour, but with caveats.
The BJP in New Delhi targeted top Congress leaders Rahul Gandhi and his sister Priyanka Gandhi Vadra over their party colleague's controversial remarks, questioning their silence on the matter.
A two-day monsoon session of the Maharashtra legislature will begin from July 5 amid the coronavirus outbreak, the state government said on Tuesday.
However, it was Narendra Modi's 27 rallies that attracted maximum attention.
India is in the process of filing an appeal against an arbitration panel asking it to return $1.2 billion to British oil firm Cairn Energy Plc, sources said on Wednesday. If enforcement proceedings are initiated, India is confident to address them and will strongly defend its interests, the sources said, adding it is open to a constructive settlement of tax disputes within the existing legal framework. India is in the process of filing an appeal in the Cairn's arbitration award case, they said, adding in this case, it was well within India's sovereign powers to redress the situation of Double Non-Taxation and tax abuse. Cairn chief executive Simon Thomson had last month met the then finance secretary Ajay Bhushan Pandey to discuss the arbitration award.
The Bharatiya Janata Party on Thursday blamed the Congress for the "disgraceful" pepper spraying incident in Lok Sabha, saying it was a "drama" enacted by the ruling party and vowed not to engage with the government on any issue again.
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
Mansukh, around 45 years old, had gone missing on Thursday night. The body was found on the banks of the creek along the Mumbra Reti Bunder road, a senior official of Thane Police said.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
The government may be waiting for the outcome of an arbitration initiated against its levy of Rs 10,247 crore retrospective tax on UK's Cairn Energy Plc before deciding on appealing against losing a tax case against Vodafone Group, sources said. An international arbitral tribunal is expected to give a decree within next few days on Cairn Energy Plc's challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes. If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand.
Defending its three-capital decision, the government said since inception in 1956 the state had failed to integrate people from all regions, reports B Dasarath Reddy.
Both Houses of Parliament witnessed multiple adjournments on Monday as opposition MPs continued their protest over the Pegasus snooping row and other matters. Amid ruckus by the Opposition, the Rajya Sabha passed the Inland Vessels Bill-2021 while the Lok Sabha passed the General Insurance Business (Nationalisation) Amendment Bill with voice-vote.
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
Zhang Yesui, spokesperson for China's Parliament -- the National People's Congress -- in his media briefing ahead of Friday's annual session also sought to deflect allegations that the virus emerged in Wuhan, saying that the recent reports indicated coronavirus occurred earlier in different parts of the world.
The New York Times reported that Lai's company Next Digital publishes Apple Daily, a fiercely pro-democracy newspaper that regularly takes on the Hong Kong government and the Chinese leadership.
The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.
Both the BJP and the Congress said they will seek support of the MGP in case they fall short of the majority mark of 21.
AG is of the view that there is no point in dragging the matter further when it has already been "struck down" by one international forum, and also by the top Indian court.
Parliament proceedings were adjourned for a second day on Monday over the insinuations by Prime Minister Narendra Modi against his predecessor Manmohan Singh.
The Opposition intensified its noisy protests in Lok Sabha on Wednesday over Pegasus snooping, farm laws and other issues with some unruly members even hurling papers and torn placards in the House, but the government went ahead with its legislative agenda and three bills were passed amid the din.
The Group of Ministers constituted for the creation of a separate state of Telangana on Wednesday discussed the sharing of river water and irrigation resources in Andhra Pradesh after the state's bifurcation, but failed to arrive at a resolution.
'Maharashtra governor did not do anything that was contrary to the Supreme Court's decision.'
With the talks between the Centre and the agitating farmer unions stalled since January, Agriculture Minister Narendra Singh Tomar on Wednesday expressed readiness to resume the dialogue to resolve their objections to the three new agri laws, but the unions remained adamant on their demands for a repeal of the legislations and a legal guarantee on the minimum support price.
The top court noted many recipients of foreign contributions had not utilised the same for the purposes for which they were registered or granted prior permission under the Act.
Replying to a question on the Enforcement Directorate raids at many places including at the premises of Chief Minister Charanjit Singh Channi's nephew, Sidhu slammed the Bharatiya Janata Party-led Centre over the raids and said the ED took action after nearly four years of the registration of the case.
All four labour codes are likely to be implemented in one go from April 1, the beginning of the next fiscal year, labour secretary Apurva Chandra said on Wednesday. The parliament in its just concluded session passed three labour code bills: the Industrial Relations (IR) Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code (OSH). The Wage Code Bill, 2019 was passed by the parliament last year.
India will benefit hugely if the representation of women in Parliament is increased to a just level.
Farmers protesting the Centre's three farm laws on Saturday blocked the six-lane Kundli-Manesar-Palwal (KMP) Expressway at some places in Haryana to mark the completion of 100 days of their agitation at the Delhi borders.
The embattled Janata Dal-Secular leader also said he was ready for everything and that he was not here to cling to power.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'Modi looks to be an effective, result-oriented, purposeful leader, focused on bringing greatness and glory to the nation.'
'
So it is best for his critics to give up their sniping and supplement his efforts,' asserts B S Raghavan, the distinguished civil servant who served three prime ministers.
So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.
Patel, who headed the RBI from September 2016 till his sudden resignation in December 2018, says in his book thta the government seemed to lose enthusiasm for the new bankruptcy law in the middle of the year he left the central bank. Though Patel does not name anybody in the book, the mid-2018 period he refers to is the time when Piyush Goyal held temporary charge of the finance ministry between May and August.
Empty bottles of liquor were discovered inside the premises of the legislature in dry Bihar, in a fresh embarrassment to the Nitish Kumar government in the state, which has been drawing flak over recent hooch tragedies that have claimed more than 40 lives.
There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.
Farmer leader Balbir Singh Rajewal appealed to people to raise black flags at their houses, vehicles and shops on May 26 to protest against the contentious farm legislations.
