Opinion
Appeal
The legacy of IPA, founded by Nikhil Chakravartty, the doyen of journalism in India, to keep the flag of independent media flying high, is facing the threat of extinction due to the effect of the Covid pandemic. Only an emergency funding can avert such an eventuality. We appeal to all those who believe in the freedom of expression to contribute to this noble cause.Retrospective Change In Tax Laws Hurt Investments, CEOs Tell Pm
NEW DELHI: A group of CEOs has told Prime Minister Manmohan Singh that retrospective changes in tax laws proposed in the Budget have seriously damaged the country’s credibility as an investment destination. The CEOs, led by Godrej Group chairman Adi Godrej, communicated industry captains’ concerns to Singh in a...
Major Reforms Unlikely Before 2014 Polls: Basu
WASHINGTON: Major economic reforms in India would hit a roadblock and are unlikely to happen before the next parliamentary elections slated for 2014, chief economic adviser Kaushik Basu has said. Addressing a meeting at the Carnegie Endowment for International Peace on Wednesday, an eminent Washington-based thinktank, Basu said that...
Post-Party Congress: Tasks Before Kerala CPI(M)
From P. Sreekumaran THIRUVANANTHAPURAM: Well begun is half done. So goes the saying. By the same logic, badly begun is half undone. It is to the second category that two steps taken by the Communist Party of India (Marxist) at its recently-concluded 20th party congress in Kozhikode, Kerala belong....
Uttar Pradesh Congress Puts Focus On 2014 Lok Sabha Polls
From Pradeep Kapoor LUCKNOW: Congress high command is looking for a young and charismatic face to head state Congress Committee after poor performance of the party in recently concluded assembly polls. Now Congress is focusing on Mission 2014 for Lok Sabha polls. It would be worth mentioning here that...
Nonadanga Agitation Raises Crucial Issues
By Nantoo Banerjee Who is this Noam Chomsky? What is his nationality? Why is he trying to protect an extremely shabby existence of a few hundred squatters on a public property, stalling the development of the Kolkata metropolitan region, the country’s most neglected and infrastructurally-handicapped megacity? Did Chomsky ever...
Baby with six legs born in Pakistan
A newly-born child, who has six legs, rests on his grandmother’s lap at his family home in Sukkur in Pakistan’s Sindh province April 14, 2012. A baby born in Pakistan’s Sindh province has six legs, with a doctor assessing that the removal of the parasitic limbs could be a...
RIL Moves SC Seeking Arbitrator In Gas Row
NEW DELHI: Persisting with its strategy to pre-emptively contest a likely government move to restrict the cost recovery at the KG-D6 offshore gas field, the Mukesh Ambani-run Reliance Industries (RIL) along with one of its consortium partners on Wednesday moved the Supreme Court, seeking direction to the government to...
Patel For Guidelines To Bring In More Operational Flexibility For PSUs
NEW DELHI: In order to give more operational flexibility to Maharatna and Navratna companies, that will help them achieve their annual targets, the heavy industries ministry will soon come out with fresh guidelines. Also, it will provide a review and a peak mechanism for Maharatna and Navratna companies for...
New Study Brings Down India’s Shale Gas Potential Drastically
NEW DELHI: The initial hype over India’s shale gas potential seems to be making way for a more sober assessment of the unconventional energy that could actually be extracted from rock formations. From an initial assessment of 300 trillion cubic feet (TCF) to 2,100 TCF of producible and non-producible...
PSUs’ Hands Will Not Be Forced In Share Buybacks: Disinvestment Secretary
The current fiscal will be challenging for the department of disinvestment. Despite the dismal show last year due to adverse market conditions and the failure to reach the target for divestment revenue, the department has lined up a slew of proposals for stake sales in public sector undertakings (PSUs)...
TAPI Pipeline Project: India, Afghanistan Fail To Agree On Transit Fee
India and Afghanistan failed to agree on transit fee for gas passing through Afghan territory under the USD 7.6-billion Turkmenistan-Afghanistan-Pakistan- India (TAPI) pipeline project, officials said today. Consequently, Islamabad and New Delhi too could not agree on the transit fee for the segment of the pipeline passing through Pakistan,...
Gujarat Gas Awaits Exclusivity Rights
NEW DELHI: The valuation of Gujarat Gas, the BG Group company on the block, depends on the outcome of the Petroleum and Natural Gas Regulatory Board’s decision on granting exclusivity rights for city gas distribution in its operating areas. PNGRB recently awarded authorisation to the BSE-listed company for city...
Reliance Completes 4.4% Of Announced Buyback
MUMBAI: Reliance Industries (RIL), the country’s biggest company, has completed 4.4% of its announced buyback programme that began in the first week of February. The company has bought back more than 52.6 lakh shares in the last two months, against an announced buyback of 12 crore shares, which equals...
D-6 Output Woes May Pressure Reliance Industry's Q4 Show
NEW DELHI/CHENNAI: Reliance Industries woes on declining production in the gas fields of D6 block are expected to cast a long shadow on its high-margin oil and gas business. Gas production from the fields has been declining continuously. Uncertainty about the D6 gas-fields’ output and the strain on the...
GDF Suez To Take 26% Capacity In LNG Import Facility At Andhra Pradesh Coast
NEW DELHI: French power firm GDF Suez SA will take 26 per cent capacity in the 3.5 million tonne a year floating LNG import facility being set up off the Andhra Pradesh coast. Andhra Pradesh Gas Distribution Corp Ltd, a 50:50 joint venture of GAIL Gas Ltd and Andhra...
Oil Prices Up, Focus On Spanish Bond Sale
SINGAPORE: Oil edged higher in Asian trade today but prices were capped ahead of a Spanish government bond auction amid fears anaemic demand could reignite jitters over the euro zone debt crisis. Prices were supported by renewed concerns over West Asia supply owing to the standoff between key producer...
CEA Team To Undertake Field Visit For Second UMPP In Odisha
KOLKATA/BHUBANESWAR: The site for the second Ultra Mega Power Project (UMPP) in Odisha, to come up in the western part of the state, is expected to be finalized soon. A team of the Central Electricity Authority (CEA) will visit possible sites in Kalahandi and Bolangir districts during April 24-25...
NTPC's Korba Plant Records 8030.297 Million Units Production In 2011-12
KOLKATA/RAIPUR: The damaged ash dam did not distress the power production in the Korba station of the National Thermal Power Corporation (NTPC) as the fiscal 2011-12 ended with a good note. The station produced 18030.297 million units (MUs) of power in the financial year 2011-12 despite most of its...
