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Shaurya Chakra for ONGC officer who died after averting major disaster due to gas leak

C.N. Rao, along with three CISF personnel, died in a blast when they were trying to check gas leakage from a pipeline at ONGC’s processing plant in Uran near Mumbai.
File photo of PM Narendra Modi along with BJP president Amit Shah and party leader Rajnath Singh | PTI

Modi govt must learn from Vajpayee on how to generate wealth from disinvestment in PSUs

The Atal Bihari Vajpayee government’s disinvestment record has still not been matched by any government. UPA government’s record has been relatively pathetic.
ONGC plant fire

Fire breaks out at ONGC plant in Navi Mumbai, four dead

The fire broke out in the storm water drainage at ONGC's Uran Plant early Tuesday morning. The oil company said there was no impact on oil processing.

China has positioned its coast guards near ONGC’s South China Sea blocks, says Vietnam

Vietnamese official says Chinese presence could create a potentially 'dangerous' situation in the region.
An Oil & Natural Gas Corp. (ONGC) logo on display at a news conference in New Delhi | Prashanth Vishwanathan/Bloomberg

ONGC Videsh to miss disinvestment bus despite Modi govt’s ambitious target

The Modi govt has an ambitious disinvestment target of Rs 1.05 lakh crore, but is not comfortable with launching an IPO for ONGC Videsh.
An Oil & Natural Gas Corp. (ONGC) logo on display at a news conference in New Delhi | Prashanth Vishwanathan/Bloomberg

Modi govt likely to give up direct control of ONGC, IOC, GAIL, NTPC

An official said the govt identified the biggest energy companies as probable candidates for cutting its direct holding to below 51%.
Bharat Petroleum Corp. refinery in Mumbai

Modi govt puts oil PSU mergers on hold, ‘no room for experiments’ now

Former finance minister Arun Jaitley had earlier pushed for ONGC and HPCL merger, which has not been smooth.
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.
Bombay High

Modi govt promised to raise India’s crude oil output – but it actually dropped last 5 yrs

Higher crude imports went unnoticed due to global prices, analysts say. Modi govt says ‘made considerable progress, but it takes time’.

On Camera

File photo | Natasha Narwal with her father Mahavir Narwal | By special arrangement

Tale of 2 Indian fathers — one who stands by his daughter in jail, another who disowned his

Natasha Narwal was arrested for ‘conspiring’ Delhi violence and Amulya Leona for saying ‘Hindustan Zindabad, Pakistan Zindabad’. But how their dads reacted tells a lot about India today.
Representational image | Prashanth Vishwanathan/Bloomberg

All about Odisha’s new credit scheme for 7 lakh landless farmers, a ‘first’ in India

Under the ‘Balaram’ scheme, the Odisha government will provide credit worth Rs 1,040 crore to 7 lakh landless farmers in the next two years.

Defence

Prime Minister Narendra Modi meets soldiers who were injured in Galwan Valley clash, during his visit to Ladakh, in Leh on 3 July 2020 | ANI

Army slams ‘malicious’ claims on Leh hospital visited by PM, says troops get best treatment

Army said troops injured at Galwan are being treated in a repurposed hall that is part of the hospital complex as some wards have been made isolation facilities.
Illustration by Soham Sen | ThePrint

It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionism

India, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.