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Reliance calls $30B claim reports ‘inappropriate, irresponsible’

The Statesman Bhubaneswar

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December 31, 2025

ARECENTREPORTCLAIMED THATTHE GOVERNMENT OF INDIAHAD SOUGHTMORETHAN $30 BILLION INCOMPENSATION FROM RELIANCEAND BPINAN ARBITRATION CASE.

- STATESMAN NEWS SERVICE

The Mukesh Ambani-owned Reliance Industries Ltd (RIL) has dismissed recent reports in a section of the media that theGovernment of Indiamade a $30 billion claim against the company and British Petroleum (BP), as “factually incorrect”, in a regulatory filing to the stock exchange.

Recent reports which appeared in a section of the media, had claimed that the Government of Indiahad sought more than $30 billion in compensation from Reliance and BP in an arbitration case, claiming that thecompanies failed to produce gas from offshore fields.

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The Statesman Bhubaneswar

Two illegal mosques, madrasa demolished in Sambhal; govt land to be allotted to beneficiaries

In a major anti-encroachment operation on Sunday, authorities demolished two illegal mosques and a madrasa in Sambhal district.

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1 min

January 05, 2026

The Statesman Bhubaneswar

South Korean president visits China amid Beijing's rising tensions with Japan over Taiwan

South Korean President Lee Jae Myung (photo) arrived in China on Sunday as Beijing looks to deepen ties with the nearby country after heightened tensions between China and Japan over Taiwan, a self-ruled island it claims as its sovereign territory.

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

AP: First test flight lands successfully at Bhogapuram Airport

Thefirstcommercial validation flight landed successfully at the Bhogapuram Greenfield International Airport in Vizianagaram district on Sunday, heralding a new era intheaviationsectorin Andhra Pradesh.

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

Bratya Basu inaugurates 8th National Theatre Festival

Bratya Basu, the state Education Minister and a prominent theatre personality, today inaugurated the 8th National Theatre Festival.

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1 min

January 05, 2026

The Statesman Bhubaneswar

GDP data, US jobs numbers, Venezuela tensions likely to drive stock market next week

The Indian stock market is expected to stay active in the coming sessions as investors assess a combination of domestic economic signals and global developments.

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

EAMS Jaishankarto visit France, Luxemburg

IN PARIS, MR JAISHANKAR WILL BE MEETING THE FRENCH LEADERSHIP AND HOLD TALKS WITH FOREIGN AFFAIRS MINISTER JEAN NOEL BARROT. THEY WILL DISCUSS THE PROGRESS MADE UNDER THE INDIA-FRANCE STRATEGIC PARTNERSHIP AND MATTERS OF GLOBAL IMPORTANCE, THE MINISTRY OF EXTERNAL AFFAIRS SAID. THE US ACTION IN VENEZUELA AND THE ONGOING UKRAINE CONFLICT ARE EXPECTED IN THE UPCOMING DISCUSSIONS.

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

Congress blasts BJP’s ‘Rahul vs Priyanka’ narrative over Assam Screening Committee role

The Congress on Sunday defended its decision to appoint party General Secretary Priyanka Gandhi Vadra as the Chairperson of the Screening Committee for Assam, while strongly criticising the BJP for what it described as an attempt to \"propagate\" a false 'Rahul vs Priyanka' narrative within the party.

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

Bangladeshi cricketteam not to travel to India for T20 World Cup matches

The Bangladesh Cricket Board (BCB) has decided not to travel to India for the upcoming T20 World Cup matches following the BCCIs decision to bar Bangladeshi cricketer Mustafizur Rahman (Photo) from the Indian Premier League (IPL).

time to read

1 min

January 05, 2026

The Statesman Bhubaneswar

A simple app in a complex retail system

In many parts of Kolkata, the local kirana store holds the neighbourhood together.

time to read

2 mins

January 05, 2026

The Statesman Bhubaneswar

Owaisi demands official data in Parliament on ‘Love Jihad’

All India Majlis-e-Ittehadul Muslimeen (AIMIM) president and Member of Parliament Asaduddin Owaisi challenged the Rashtriya Swayamsevak Sangh (RSS) and the Bharatiya Janata Party (BJP) to present official data in Parliament on alleged cases of \"love jihad,\" sharply responding to recent remarks made by RSS chief Mohan Bhagwat.

time to read

1 min

January 05, 2026

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