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Indian economy

ONGC says it’s not facing a fund crunch despite falling cash balance

ONGC’s cash balance fell to Rs 167 crore in Sept 2018 from Rs 9,511 crore in March 2017, but it says it has enough to finance current and future projects.
An Oil & Natural Gas Corp. (ONGC) logo on display at a news conference in New Delhi | Prashanth Vishwanathan/Bloomberg

ONGC cash reserves crash to Rs 167 crore from Rs 9,511 crore in 1.5 years under Modi govt

ONGC’s cash & bank balances hit Rs 167 crore in Sept 2018, down from Rs 9,511 crore in March 2017, following the acquisition of HPCL and other govt diktats.
Representational image

Traders predict oil prices to touch $100 per barrel as Iran reels under US sanctions

The Iranian market doesn’t have much capacity left to replace more than 2 million barrels a day of exports that could be lost to sanctions.

On Camera

Woman working on a laptop (Representational image) | Flickr

Is it ‘shirk from home’? Jury’s still out as Europe begins working from home again

There is no evidence yet of mass remote work’s impact in the longer term on company productivity, but the current outlook is mixed at best.

Harley Davidson to discontinue sales and manufacturing operations in India

Harley’s decision comes weeks after Toyota Motor Corp. said it won’t expand further in India due to the country’s high tax regime.

Defence

File photo of Army Chief General M.M. Naravane at Leh to review security situation and operational preparedness along the Line of Actual Control in Eastern Ladakh | Photo: Twitter/@adgpi

Indian soldiers at LAC have go-ahead to open fire in self-defence, India tells China

With no signs of disengagement on the ground in Ladakh, where India and China have been locked in a stand-off since April, both sides will stay dug in during the region’s bitter winter too.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?