BLOCK Financial News

MUMBAI : The Centre on Thursday filed a petition challenging a Delhi high court order in favour of Reliance Industries Ltd (RIL) regarding a gas dispute in the Krishna Godavari Basin. The court has asked RIL to file a response, a counsel aware of the matter said.

Transport Minister Catherine King has refused to provide documents explaining her decision to deny Qatar Airways additional landing rights to the Senate, citing public interest immunity.

You almost have to admire the brass of the Biden White House. The Census Bureau reported Tuesday that Americans are poorer under Bidenomics, and the President quickly changed the subject to blame Republicans for rising child poverty on his watch. As usual, too many in the press corps bought the spin.

States and Native American tribes will have greater authority to block energy projects such as natural gas pipelines that could pollute rivers and streams under a final rule issued Thursday by the Biden administration

The Biden administration plans to increase scrutiny of the investment plans of foreign-owned companies operating in the United States

Karnataka IT Minister Priyank Kharge on Thursday announced a framework for the proposed fact-checking unit in the state. The unit includes an oversight committee, a review Single Point of Contact (SPOC), and nodal officers.

Suriname for the first time in its history will see offshore oil drilling in its waters after French company TotalEnergies announces a $9 billion project expected to boost the impoverished country’s economy and ease austerity measures imposed by the In...

Web3 games platform Tamadoge launches its 3D NFT presale on the afternoon of Thursday September 14th, a fortnight since announcing the introduction of staking, and then a week ago a new burn program.

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Reliance Industries and others on the government’s appeal that accused the Mukesh Ambani-owned conglomerate and its partners of committing an “insidious fraud” and “unjust enrichment of over $1.729 billion” by siphoning gas from deposits they had no right to exploit. Attorney General R Venkentaramani and former AG KK Venugopal, appearing for the govt, argued that RIL in 2003 knew about the connectivity of its block with that of the adjoining ONGC block. They also accused RIL of ‘consciously and deliberately’ extracting and selling the adjoining ONGC gas without the government’s knowledge. The senior lawyers also argued that RIL had earlier taken a categorical stand that “there is no connectivity and continuity” between RIL’s and ONGC’s block.

By Nerijus Adomaitis and Victoria Klesty

TAIPEI (Reuters) — Taiwan is «not for sale», the island's foreign minister said in a stern rebuke to Elon Musk who asserted Taiwan was an integral part of China, as the billionaire again waded into the thorny issue of relations between Beijing and Taipei.

Perpetual is shutting down two well-known funds – and parting ways with Pendal’s head of global equities, Ashley Pittard, as well as technology portfolio manager Thomas Rice, sources said.

Geneva: WTO Deputy Director-General Xiangchen Zhang said developing countries need to think about development from a broader perspective and look at inclusiveness to encourage small businesses and women empowerment. At the ongoing WTO Public Forum in Geneva on Wednesday, he said development goes beyond special and differential treatment (S&DT). S&DT allows developing and poor countries benefits such as taking longer time to implement agreements and binding commitments. Emphasising that S&DT is a core principle of the WTO, he said it is required because of asymmetries in capabilities and knowledge among countries and that «discussions on specific S&DT provisions in WTO agreements are continuing in the house». «Meanwhile, development goes beyond S&DT.

By David Randall

NEW DELHI : India is concerned about Russia’s successive crude production cuts to comply with the Opec+ agreement by curtailing production even from assets where Indian state-run firms are stakeholders, two people close to the matter said. “The Russians have reduced production as part of Opec+. However, India is not a part of it, yet production is being reduced wherein foreign entities are partners.

Edited excerpts: What is Infosys’ AI-first approach? We have been working on AI for some time, with a lot of our initial investments in technologies like machine learning and deep learning. So, while a lot of work or the building blocks for AI were already in place, last year, we saw the potential of the foundational models. The AI-first strategy simply means that we are reimagining everything that we do from a business standpoint to incorporate AI.

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

Hanoi witnessed a massive building fire which has killed over 50 people. The fire that broke out in a nine-story apartment building in Vietnam's capital killed at least 56 people, including at least four children, while 37 more are being treated, state media reported citing the police. Of the 56 people confirmed dead, the police have identified 39 victims, the state-owned Viet Nam News said Wednesday evening.

Investing.com -- A crucial legal battle between Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and the U.S. Department of Justice that began with opening arguments earlier this week is «too close to call,» according to analysts at Barclays.

The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs).