
ONGC to begin oil production from KG-5 block in 2019
State-owned ONGC’s significant oil discovery in Bay of Bengal will begin production in 2019, with a peak output of 4.5 million tonnes a year, 20% more than previous estimates. The oil discovery in Krishna Godavari basin block KG-DWN-98/2 or KG-D5 will be the first large oil production from... read more »

Jan Dhan or hawala dhan? Modi should heed RBI’s warnings on his pet scheme...
Several crores of bank accounts across the country that opened within days under Prime Minister Narendra Modi’s flagship financial inclusion programme Jan Dhan Yojana could act as vehicles for hawala operators and money launderers to transfer black money in and out of the country, the Reserve... read more »

BJP-Shiv Sena conflict only for power and position, not for public welfare:...
Congress leader Anees Ahmed said here on Saturday that the seat sharing impasse between the Bharatiya Janata Party (BJP) and the Shiv Sena, which could end the 25-year-old alliance in Maharashtra if there is no agreement, is only aimed at seeking power and position, and not for public welfare. The... read more »

Akhilesh thanks people for bypoll wins, labour dept for welfare schemes
Chief Minister Akhilesh Yadav while expressing his gratitude to the people for winning bypolls launched a veiled attack on BJP leaders dressed in saffron robes. “Our leaders worked a lot during the bypolls. I thank the people of the state. Some people were roaming by changing their clothes but... read more »

Gold continuous losses for the seventh day
Extending losses for the seventh straight session on Saturday, gold shed another Rs 20 to close at Rs 27,750 per 10 grams in New Delhi on sustained selling by stockists against easing... read more »

Airtel sells 3,500 towers in Africa to Eaton Towers
Bharti Airtel on Monday said it has sold over 3,500 telecom towers in Africa to Eaton Towers. As part of the deal, Airtel will sell and lease back over 3,500 towers to Eaton in 6 countries... read more »

Govt promises 24×7 power supply to all citizens: Piyush Goyal
Stating that they had inherited a ‘crisis ridden power sector’ from the previous government, Minister of State (Independent Charge), Power, Coal and New and Renewable Energy, Piyush... read more »

Suzuki Swift crosses 4mn mark globally
Japan’s small car major Suzuki Motor Corporation has clocked four million milestone in total global sales of its successful premium hatchback Swift with about half of them coming from... read more »

German Foreign Minister Frank-Walter Steinmeier meets Modi
New Delhi – German Foreign Minister Frank-Walter Steinmeier met Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj Monday. “On agenda are trade, investment, high... read more »