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President's address to the Parliament

 Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Cut off the gas, we cut off the water

 Now that the photo-ops, the platitudes and declarations of mutual love and respect have been reiterated, let us review where we stand after the two-day visit by Pakistan Prime Minister Shaukat Aziz......

India to award leases to top up strategic oil reserves amid Gulf tensions

 State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India’s strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil......

India to lease out space in strategic oil storage

 After dropping a Rs 5,000 crore plan to fill parts of strategic oil storages, the government will lease out space in the underground rock caverns to domestic and international firms to store oil, a......

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

 With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

Divestment target for FY25 may be lower with no new lofty plan

 The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales — except some ongoing strategic ones, including IDBI Bank,......

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

 Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective......

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