Oil minister Dharmendra Pradhan Monday said the government will allow state-owned ONGC and Oil India to induct private and foreign partners in oilfields to raise output and also give special incentive to make their discoveries in difficult areas viable.

Speaking at the launch of second bid round for 14 exploration blocks under open acreage licensing policy, Pradhan said Oil and Natural Gas Corp (ONGC) and OIL will have the freedom to decide which of their currently producing fields they want to retain and in the ones where they would like to induct a partner.

The country's largest carmaker Maruti Suzuki India (MSI) will launch two new models next fiscal, a top company official said. The auto major, which has introduced two models in the current fiscal so far, is also in the process of upgrading its current portfolio to have safety features like airbags, seat belt reminder and reverse parking sensors by June to comply with new safety norms.

Terming Aadhaar as a “game changer”, Finance Minister Arun Jaitley on Sunday said savings made through its implementation can fund three public welfare schemes of the magnitude of Ayushman Bharat — the ambitious healthcare programme to provide free hospitalisation to millions of poor people.

The final day of the fourth Test between India and Australia at the Sydney Cricket Ground (SCG) on Monday was washed out by rain as Virat Kohli etched his name in history for becoming the first-ever Asian captain to win a Test series Down Under.

Going into the Sydney Test, India had a 2-1 lead and they just needed a draw to win a historic Test series on the Australian soil.

Essar Global, the holding company of Essar Group, on Monday said that it has paid back last tranche of Rs 12,000 crore to its Indian and foreign lenders. Essar Global has now repaid Rs 1.37 lakh crore or 80 per cent of group debt in 2 years, the company said in a statement. The latest repayment is in addition to Rs 30,000 crore made in August 2017 from the proceeds arising out of the sale of Essar Oil to Russia’s Rosneft, the company said.

Emerging technologies such as artificial intelligence (AI) and machine learning will not render people jobless in the future, but rather create more opportunities for humans, Infosys co-founder N R Narayana Murthy said here. The renowned IT Industrialist noted that technology provides an opportunity for people to move from drudgery to tasks that require more human touch.

Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German paper Welt am Sonntag.

Carmakers and tech companies like Uber, Google, General Motors, Volkswagen are vying to roll out robotaxi services for paying customers as a way to enter the ride-hailing business.

The BSE benchmark Sensex rose by about 288 points and the NSE Nifty claimed the 10,800 mark, in early trade Monday, extending gains for the second straight session on continued buying by domestic investors and positive cues in global markets.

Traders said, the domestic equities mirrored a firm trend at other Asian bourses, while market sentiments were also lifted by US-China trade talks.

While the country is being forced to import coal and domestic power plants run on low stocks, Coal India Ltd (CIL) has been able to spend just 30% of its capital expenditure plans for the year till November, report submitted by the company to the coal ministry shows.

India's top run accumulator Cheteshwar Pujara Monday described the current team which clinched the country's maiden Test series win in Australia as the best he has been a part of with lethal bowling attack complementing the batting.

Pujara, who scored 521 runs at an average of 74 with the help of three hundreds, was named Player of the Series in the historic series win.

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