RIL, which had made four consecutive gas discoveries with close to 500 billion cubic feet of in-place reserves in block, proposed immediate relinquishment, its minority partner Hardy Oil and Gas plc of UK said on Wednesday.
The government's focus is on containing and controlling coronavirus the ministry of external affairs said on Thursday and advised Indians to stay put wherever they are and travel only under compelling reasons.
The S&P BSE Sensex has gained 149 points to open at 25,802.
India's plan to buy futuristic tanks and infantry combat vehicles -- estimated to be worth Rs 80,000 crore to Rs 100,000 crore each -- will certainly intimidate Pakistan which already feels threatened by our vast tank strength.
Power crisis has deepened in Uttar Pradesh with closure of one more unit of Anpara thermal power project due to a technical snag, prompting Chief Secretary Alok Ranjan to ask officials to find a solution to meet electricity shortage in the state.
Markets snapped their 8-day winning streak.
The agency said files of the case were sent to competent authority.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
The government will also evacuate Indians on Friday from China's Wuhan city, the epicentre of the deadly Coronavirus, which has spread to at least 17 countries already.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
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The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Here's what the national capital needs to do to ensure the residents stop breathing toxic fumes.
The government will have to get projects moving.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
Sensex is trading firm; FMCG, real estate going strong.
Government had proposed a revised investment plan for the main gas fields in the KG-D6 block.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
Many stalled projects are about to get going again, providing potential relief to banks, says T N Ninan.
The current crisis Karnataka Chief Minister Siddaramaiah is facing is a cumulative effect of inattention to water management and the fiscal burden of populist promises, says Aditi Phadnis.
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Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
Piyush Goyal emphasised that India is committed to pursue a green path to growth.
Pollution is not merely the price to be paid for growth; it is also a drag on the same growth.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
A report, by DeGoyler and MacNaughton, has put a question mark on the future production from the five ONGC discoveries.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The first two units of the Kudankulam nuclear plant will discharge 6.3 billion litres of waste water every day right onto the beach. This discharge will trigger a slow-motion disaster that will poison beaches, devastate near-shore fisheries and choke the livelihood of fisherfolk in the vicinity, says Nityanand Jayaraman.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
Sensex firm on favourable GDP numbers for FY16.
The breadth was neutral with 1,329 advances and 1,320 declines.
India successfully placed its spacecraft in orbit around Mars, becoming the first country in the world to succeed in such an inter-planetary mission in the maiden attempt itself.
We need to know that the sources of pollution and the action to be taken are known. But what is needed is to act. Plain and simple. So, focus, on each source and each action; who has to do what and by when
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
