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It plans to invest Rs 26,000 crore to develeop and manage fields.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
The horror seems far from over as an injury-ravaged Indian team gears up for the third one-dayer against England at The Oval on Friday, still looking for that elusive win which would lift the sagging morale of the battle-weary side.
Seeking to dispel possible notions of the RBI not having done enough by opting for a pause for the second consecutive time, Das said the RBI has a wide dashboard of instruments beyond rates that can be deployed.
The India opener is returning from a shoulder surgery with very little preparation besides the two-day tour match against Northamptonshire last week.
The Sports Minister Sarbananda Sonowal is confident that India's medal tally in next year's Rio Olympic Games will go up to 10 plus from six medals, which the country's athletes bagged at London Olympics in 2012.
The Japanese central bank on Monday unveiled new measures, entailing short-term loans worth 10 trillion yen (about $ 118 billion) to domestic financial entities, to boost sagging economic recovery.
In a bid to lift the sagging mood and morale of its party workers over the developments of the last one month, including the crushing defeat in Bihar, the Congress party and the government have suddenly woken up to the need to effectively and aggressively counter the BJP-led National Democratic Alliance's campaign against the party.
With the economy giving positive signals, hiring is back. However, so is attrition, with disgruntled employees demanding more or moving to greener pastures to make up for lost time and money.
The government has been waiting for the expansion by the private sector, Finance Minister Nirmala Sitharaman said while reminding India Inc of various measures including corporate tax rate cut, policy consistency, ease of doing business, among others to facilitate investment.
Mullah Omar, the Taliban's elusive leader, has warned United States-led troops in Afghanistan that their 'unequivocal defeat' is imminent, as the insurgents are 'forging ahead like a powerful flood' against them. In a purported online message issued to mark Eid, Omar referred to 'huge casualties and sagging morale' among the more than 100,000 North Atlantic Treaty Organisation and US-led troops in Afghanistan fighting Taliban-linked insurgents.
Rediff.com brings you an exclusive preview of the Bigg Boss 4's contestants.
This could be attributed to the attractive valuation of the Indian equities after the sharp correction during the first quarter of calendar year 2020 and significant depreciation of the Indian rupee against USD, which provided them a rather good entry point.
With sagging interest in Test cricket, the ICC is working at various ways to rejuvenate this format, perhaps by creating some form of a Test Championship League (TCL).
Kunal Kemmu's crime thriller Abhay 2 continues to be gripping in the second season, notes Moumita Bhattacharjee.
The GST Council, headed by Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union territories, will have its 37th meeting in Goa against the backdrop of economic growth hitting a six-year low of 5 per cent in the first quarter of the current fiscal.
The Obama Administration's mega stimulus package that pumped in billions of dollars to revive the sagging US economy at the height of the recession is now giving high returns to the US Treasury, a latest report has said.
The income tax department has also launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer.
Indian boxing got the first glimpse of Dingko's talent at the 1989 sub-junior nationals in Ambala where he became a champion as a 10-year-old.
The uncertainty over the gravity of the pandemic's impact on the global economy and financial markets worldwide triggered a flight to safety among foreign investors as they rushed to exit from relatively riskier investment destinations, such as emerging markets like India, a report said.
India's focus on day eight will be centered around tennis mixed doubles pair of Sania Mirza and Rohan Bopanna who are to take on the US pair of Venus Williams and Rajeev Ram, on Saturday night, in the semi-finals at the Rio Olympics.
Andrew Symonds has not forgiven Cricket Australia (CA) for downgrading racism charges against Harbhajan Singh and his sagging commitment dates back to the infamous 'Monkey-gate' scandal, according to reports.
Aiming to bolster its sagging auto sales and ultimately getting into the black, General Motors is set to emerge leaner and cost-competitive through drastic restructuring, according to the firm's bankruptcy filing.
The EGoM is to consider fixing users for about 50 million cubic meters per day of KG-D6 gas, official sources said. This is in addition to the initial 40 mmscmd output that was previously distributed primarily to urea and power plants.
Das said banks have passed only 0.29 per cent in rate cuts to their borrowers as against 0.75 per cent cuts in interest rates by the Reserve Bank till June.
Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said.
The Border Security Forces troops on Sunday foiled a pre-dawn infiltration bid by suspected militants in Ramgarh in Samba district on the Indo-Pak border in Jammu and Kashmir after a heavy exchange of fire with the ultras, prompting India to lodge a protest with the neighbouring nation over the incident.
Bajaj Auto, the country's second-largest manufacturer of motorcycles, has phased out two more models. This makes four bike models phased out in four months, due to weak demand.
What 32-year-old star Mandy Moore's actions tell us about anti-ageing regimes...
Quirky or trendy? Angie chose to reverse her dress at the SAGs. Take a look!
Industry bodies Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry have asked for cut in interest rates to spur the sagging economy while presenting 100-day action plans to the government on Friday. Faced with high borrowing rates and demand slowdown,industry chambers have presented separate 100-day action plans to the government asking for steps to restore the economy back on high growth trajectory.
The meet will be held in Delhi on November 20-22.
Import duty on steel is a critical factor determining domestic steel prices. Auto component makers and automobile majors, faced with sagging sales over the last two quarters, have expressed strong reservations against the steel industry's demand for re-imposition of 5 per cent import duty on non-alloy steel (used to manufacture car bodies and stamped auto parts).
The actress died in her sleep but the cause is yet unknown.
After being down in the dumps since failing to qualify for the Olympics for the first time since 1928, the Indian men's hockey team is aiming to resurrect itself under the guidance of Spaniard Jose Brasa. The first step in the bid to revive the sagging fortunes of the country's national game, is the four-nation European tour that the team has now embarked on under new chief coach Brasa.
In the second and final part of a series, yoga acharya Shameem Akthar, takes you through all those different ways you may do while relaxing and healing cat-stretch in yoga.
This would take Centre's borrowing in the current fiscal to Rs 2,51,000 crore (Rs 2,510 billion), nearly double the budgeted amount in February 2008.
Opposition leader L K Advani will travel across the country in an apparent move to boost the sagging morale of the party leaders and workers alike after the poll drubbing.
The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.