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RIL likely to produce natural gas from MJ field starting Q3FY23
RIL likely to produce natural gas from MJ field starting Q3FY23

Mumbai,  Reliance Industries Ltd (RIL) is likely to produce natural gas from the MJ field of the KG D6 block by the third quarter (October-December) of next fiscal.

The company, in an investor presentation, said that the first offshore installation campaign has been completed and the second offshore inst

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India's gold imports surge in Apr-Jun, silver imports fall
India's gold imports surge in Apr-Jun, silver imports fall

New Delhi,  India registered a manifold raise in import of gold during the first three months of FY22 on a year-on-year basis, to nearly $7.9 billion.

This rise in gold imports can be attributed to low imports during the same period last year owing to the nationwide lockdown and the revived consumer dema

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OPPO group reaches 2nd spot globally in May
OPPO group reaches 2nd spot globally in May

New Delhi,  Global smartphone brand OPPO and its subsidiaries, including OnePlus and realme, captured the second spot in the global smartphone market during May, says a report.

According to market research firm Counterpoint, OPPO and its subsidiaries with a 16 per cent share of unit sales were followed b

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Musk wants to bring Tesla to India, blames high import duties
Musk wants to bring Tesla to India, blames high import duties

New Delhi,  Tesla CEO Elon Musk said that its electric vehicle (EV) company wants to launch cars in India, but the country's import duties on EVs are "highest in the world by far".

Replying to an Indian YouTuber on Twitter, who asked him to launch Tesla cars ASAP in India, Musk blamed high

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China trying to paint dark outlook for Indian economy
China trying to paint dark outlook for Indian economy

New Delhi,  In a scare-mongering exercise, the Chinese regime's mouthpiece is raising the spectre of a looming financial crisis for India

Global Times warned regional governments to be wary. "The 1997 Asian financial crisis started in Thailand. If a similar crisis happens to India, it would like

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Sensex inches higher to reclaim 53,000-mark amid choppy trade
Sensex inches higher to reclaim 53,000-mark amid choppy trade

Mumbai,  The Indian stock market traded on a choppy note on Monday morning with the BSE Sensex reclaiming the 53,000-mark.

Healthy buying was witnessed in healthcare and IT stocks.

Around 10.20 a.m., Sensex was at 53,007.05, higher by 31.25 points or 0.06 per cent from the previous close o

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$18bn worth of loans to India realty under 'severe stress', $67bn stress-free
$18bn worth of loans to India realty under 'severe stress', $67bn stress-free

 

Mumbai,  Around $18 billion of the total loan advances to the Indian real estate by banks, NBFCs and HFCs are currently under severe stress, while a majority, around $67 billion, is completely stress-free, according to a report by Anarock Capital.

The stress-free portion accounts for 67

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Fuel consumers get relief, no revision in petrol, diesel prices
Fuel consumers get relief, no revision in petrol, diesel prices

New Delhi,  Oil marketing companies (OMC) continued to pause fuel price revision for the ninth consecutive day on Monday, the longest period in weeks, as global development on oil production and rising US inventories has softened crude and product prices.

However, they stopped short of reducing the retai

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Rs 1,060 cr spend on Chennai-Bengaluru Industrial Corridor project
Rs 1,060 cr spend on Chennai-Bengaluru Industrial Corridor project

Chennai,  A total of Rs1,060.02 crore has been spent during the last three fiscal years for the Chennai-Bengaluru Industrial Corridor project, the government told the Rajya Sabha.

Answering a question raised by MDMK General Secretary Vaiko, the Minister of State for Commerce and Industry Som Parkash said

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Sonia appoints state Congress chiefs in Assam, Manipur
Sonia appoints state Congress chiefs in Assam, Manipur

Guwahati,  Congress interim President Sonia Gandhi has appointed new state chiefs for Assam and Manipur to strengthen the party in the two Northeastern states, party sources said on Sunday.

After months of debate, Sonia Gandhi appointed Bhupen Bora as the President of Assam Pradesh Congress Committee (AP

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