TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Not Idle, Not Invisible: Delhi High Court Affirms Economic Value of Homemakers’ Labour

    Not Idle, Not Invisible: Delhi High Court Affirms Economic Value of Homemakers’ Labour

    Massive Global Gap Between Gender Equality Laws and Enforcement, World Bank Finds

    Massive Global Gap Between Gender Equality Laws and Enforcement, World Bank Finds

    TRAI Releases Reserve Prices and Band Plans for Upcoming IMT Spectrum Auction

    TRAI Releases Reserve Prices and Band Plans for Upcoming IMT Spectrum Auction

    Sitharaman Unveils NMP 2.0, Charts ₹16.72 Lakh Crore Roadmap to Power India’s Infrastructure Push

    Sitharaman Unveils NMP 2.0, Charts ₹16.72 Lakh Crore Roadmap to Power India’s Infrastructure Push

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    After Mega Rafale Deal, France Sets Eyes on Purchase of India’s Homegrown Lethal Pinaka Rocket System

    After Mega Rafale Deal, France Sets Eyes on Purchase of India’s Homegrown Lethal Pinaka Rocket System

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    Most Anticipated New Car Launches in India for 2026

    ‘POJK Sankalp Diwas’: The Parliamentary Resolution of 22 February 1994 and India’s National Responsibility

    PM Modi, Brazil President Lula Sign Rare Earths Deal; Chart Beyond $20 Billion Trade Roadmap

    PM Modi, Brazil President Lula Sign Rare Earths Deal; Chart Beyond $20 Billion Trade Roadmap

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kamal Maula Mosque Site In MP’s Bhojshala Built Using Parts of Ancient Temples, Says ASI Report

    Kamal Maula Mosque Site In MP’s Bhojshala Built Using Parts of Ancient Temples, Says ASI Report

    Most Anticipated New Car Launches in India for 2026

    ‘POJK Sankalp Diwas’: The Parliamentary Resolution of 22 February 1994 and India’s National Responsibility

    India AI Impact Summit Expo Extended By A Day After Overwhelming Response; Doors to Remain Open Until February 21

    India AI Impact Summit Expo Extended By A Day After Overwhelming Response; Doors to Remain Open Until February 21

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    1Win App – A Game Changer in Pakistan’s Mobile Casino Scene

    1Win App – A Game Changer in Pakistan’s Mobile Casino Scene

    Installing the Mostbet App on Your Android in Nepal – Doing it the Secure Way

    Installing the Mostbet App on Your Android in Nepal – Doing it the Secure Way

    Bet365 App Review March 2026 – Real Betting Power in Your Pocket

    Bet365 App Review March 2026 – Real Betting Power in Your Pocket

    Most Anticipated New Car Launches in India for 2026

    Most Anticipated New Car Launches in India for 2026

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Not Idle, Not Invisible: Delhi High Court Affirms Economic Value of Homemakers’ Labour

    Not Idle, Not Invisible: Delhi High Court Affirms Economic Value of Homemakers’ Labour

    Massive Global Gap Between Gender Equality Laws and Enforcement, World Bank Finds

    Massive Global Gap Between Gender Equality Laws and Enforcement, World Bank Finds

    TRAI Releases Reserve Prices and Band Plans for Upcoming IMT Spectrum Auction

    TRAI Releases Reserve Prices and Band Plans for Upcoming IMT Spectrum Auction

    Sitharaman Unveils NMP 2.0, Charts ₹16.72 Lakh Crore Roadmap to Power India’s Infrastructure Push

    Sitharaman Unveils NMP 2.0, Charts ₹16.72 Lakh Crore Roadmap to Power India’s Infrastructure Push

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    ‘Golden Horizon’ Missile: India Weighs 2,000-Km Israeli Hypersonic Strike Weapon Beyond BrahMos for Deep-Strike Capability

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    After Mega Rafale Deal, France Sets Eyes on Purchase of India’s Homegrown Lethal Pinaka Rocket System

    After Mega Rafale Deal, France Sets Eyes on Purchase of India’s Homegrown Lethal Pinaka Rocket System

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    Carney to Visit India on Feb 26 as Part of Three-Nation Indo-Pacific Tour

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    India to Likely Procure Israeli-Origin ‘Sky Sting’ Long-Range Air-to-Air Missile During PM Modi’s Israel Visit

    Most Anticipated New Car Launches in India for 2026

    ‘POJK Sankalp Diwas’: The Parliamentary Resolution of 22 February 1994 and India’s National Responsibility

    PM Modi, Brazil President Lula Sign Rare Earths Deal; Chart Beyond $20 Billion Trade Roadmap

    PM Modi, Brazil President Lula Sign Rare Earths Deal; Chart Beyond $20 Billion Trade Roadmap

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kerala to Become ‘Keralam’? Centre May Give Nod Following Assembly Approval

    Kamal Maula Mosque Site In MP’s Bhojshala Built Using Parts of Ancient Temples, Says ASI Report

    Kamal Maula Mosque Site In MP’s Bhojshala Built Using Parts of Ancient Temples, Says ASI Report

    Most Anticipated New Car Launches in India for 2026

    ‘POJK Sankalp Diwas’: The Parliamentary Resolution of 22 February 1994 and India’s National Responsibility

    India AI Impact Summit Expo Extended By A Day After Overwhelming Response; Doors to Remain Open Until February 21

    India AI Impact Summit Expo Extended By A Day After Overwhelming Response; Doors to Remain Open Until February 21

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    1Win App – A Game Changer in Pakistan’s Mobile Casino Scene

    1Win App – A Game Changer in Pakistan’s Mobile Casino Scene

    Installing the Mostbet App on Your Android in Nepal – Doing it the Secure Way

    Installing the Mostbet App on Your Android in Nepal – Doing it the Secure Way

    Bet365 App Review March 2026 – Real Betting Power in Your Pocket

    Bet365 App Review March 2026 – Real Betting Power in Your Pocket

    Most Anticipated New Car Launches in India for 2026

    Most Anticipated New Car Launches in India for 2026

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

How Mukesh Ambani’s fortunes registered a sharp decline under PM Modi’s government

Akriti Tyagi by Akriti Tyagi
19 April 2019
in Analysis
How Mukesh Ambani’s fortunes registered a sharp decline under PM Modi’s government

(PC: Business Zoom)

Share on FacebookShare on X

In politics, with the current opposition keen to make a mountain out of a molehill, it is quite difficult to differentiate fact from fiction. The rumours are often lively and entertaining to the public and with authority like figures fueling the fire, narratives are more often than not, fabricated. One such myth is regarding Modi Government’s relations with Mukesh Ambani.

Often called ‘Ambani ki Sarkar’ by the Congress president Rahul Gandhi, Modi government has on more than one occasion been accused of favouring Reliance. Rahul Gandhi in his multiple speeches has been continuously pointing at this ‘relation’ and has instilled in the mind of the public that ever since PM Modi assumed office, everything in the country has been done to promote the interests of the Ambanis at the cost of the country’s poor. According to Rahul Gandhi’s interpretation, which he would like nothing more but to impose on others, the entire demonetisation scheme of the Modi government is only for the benefit of the big businessmen in the country. In almost every public rally that he addresses, he makes it a point to emphasise how the current government is ‘suit-boot ki sarkar’. These are, however, plain perceptions which couldn’t be further from the truth.

RelatedPosts

Not Idle, Not Invisible: Delhi High Court Affirms Economic Value of Homemakers’ Labour

Massive Global Gap Between Gender Equality Laws and Enforcement, World Bank Finds

TRAI Releases Reserve Prices and Band Plans for Upcoming IMT Spectrum Auction

Load More

After the regime of the UPA government, which saw an unprecedented rise of crony capitalism, Modi government was the one to pull them back to an era of rule-based system. The government first began its sanctions on the Reliance Industries by imposing fines for under production of the natural gas in the Krishna-Godavari basin in Bay of Bengal. Apart from the fact that Reliance had shut down 10 drilling wells in 2013, they had been producing substantially lower gas than the required rate. While Reliance had attributed the shortfall in production to sand and salt water ingress, which led to low pressure during production, the ministry had said Reliance had not been producing and, was thereby, hoarding gas. Where the peak output is supposed to be 80 MMSCM per day, Reliance fields were only producing around 10 MMSCM per day of gas; which was leading to 20,000 MW of power generation capacity lying idle in the country for want of gas. In light of this, the Modi government had imposed fines on reliance for producing less than the targeted natural gas from eastern offshore KG-D6 fields. The fine imposed had run into thousands, first Rs 14000 crore and then additional Rs 2500 crore for under production.

Apart from this, a huge uproar had been caused when Reliance had migrated gas from the Andhra offshore block which belonged to an adjacent block under the state-run ONGC. A panel had been constituted by the ministry under retired Justice A P Shah to investigate into the state’s claims which directed reliance to pay fine to the government. “The committee has concluded that the contractor’s RIL- BP-Niko production of migrated gas and retention of ensuing benefits amounts to unjust enrichment, since the production sharing contract (PSC) does not permit a contractor to produce and sell migrated gas,” the committee concluded. A fine amounting to Rs 10311.76 crore had been imposed on Reliance for the same.

It is pertinent to note here that in spite of the fact that Reliance had been usurping ONGC’s gas since the 2009; yet the Manmohan Singh government, instead of imposing fines, had increased the gas price $8-8.4 against the then current price of $4.2 per million British thermal unit just few days before the UPA government was voted out in 2014. This move, just before the election was significantly aimed at benefitting Mukesh Ambani. This had led to wide protest and had even led the Delhi government filing a police complaint against the unprecedented increase in the prices.

Apart from the natural gas sector, Reliance telecom has also been under the radar during the Modi Government. Reliance Jio had been fined by the Telecom Regulatory Authority of India for slipping on various service quality benchmarks last year. A penalty of Rs 34 lakhs had been slapped on Mukesh Ambani on account of norms relating to Point of Interconnect congestion, accessibility of call centers or customer care, and percentage of calls answered by operators [voice to voice] in a set timeframe. The fines were party attributed to the new assessment methods TRAI had devised under the current government. The methods were to get a better insight into the dropped call rates and had asked the telecom operators to abide by its new quality of service benchmarks from October 1, 2017. Significantly, the new rules came along with a new graded penalty system in the range of Rs 1-5 lakh depending on the performance of a network, with stringent fines for repeat violations. 

In striking contrast to the Modi government’s stance on the Ambanis, Manmohan Singh government had been constantly favoring the industrialists by bending the rules and implementing industrialist focused policies. It is said that loans worth Rs 36.5 lakh crore, granted to various corporates between 2005 and 2013, were waived off during the two successive terms of the Congress-led UPA government.

There are multiple instances indicating that the Modi government has been relentless in its crackdown on Ambani’s flouting of norms and regulations, which is in stark contrast to Manmohan Singh’s government. As head of BJP National Secretary Shrikant Sharma rightly stated, “Adani, Ambani and Mallya were not born in the past years…these are as old as the Congress party and have been flourishing when Rahul Gandhi was not even born. Therefore Congress owes more explanations about how these groups flourished if they had a tainted background.”

Share444TweetSend
Previous Post

The man who slapped Hardik Patel narrates the reason behind his action

Next Post

The Election Commission bans Congress’ ‘Chowkidar Chor Hai’ ad campaign

Related Posts

India’s Homegrown ‘Sarvam AI’ Outperforms Google Gemini and ChatGPT in Key AI Benchmarks
Analysis

India’s Homegrown ‘Sarvam AI’ Outperforms Google Gemini and ChatGPT in Key AI Benchmarks

9 February 2026

  In a first, India’s Artificial Intelligence (AI) company 'Sarvam' has managed to beat global giants like Google Gemini...

India Cuts US Treasury Holdings as It Diversifies Reserves to Dodge Sanctions and US Pressure
Analysis

India Cuts US Treasury Holdings as It Diversifies Reserves to Dodge Sanctions and US Pressure

23 January 2026

India has reduced its holdings of US government bonds to the lowest level in five years, signaling a clear...

PM Modi and EAM S Jaishankar
Analysis

The Myth of the Rules-Based Order and Why India Never Bought It

22 January 2026

In the last few years, the world saw growing tension between the West and rising powers like India. For...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

300 Million Euros for SCALP: Strategic Necessity or Costly Dependency on France300

300 Million Euros for SCALP: Strategic Necessity or Costly Dependency on France300

00:04:06

Tejas Mk1A: 19th aircraft coupled but Not Delivered: What Is Holding Back the IAF Induction?

00:07:21

Agni-3 Launch Decoded: Why Test an Active Nuclear Missile That’s Already Deployed?

00:05:05

India’s Swadesi ‘Meteor’: World’s Most Lethal BVR Missile | Gandiv| SFDR | DRDO

00:06:48

Between Rafale and AMCA; Where Does the Su-57 Fit | IAF| HAL | Wings India

00:06:10
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Contact Us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2026 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2026 TFI Media Private Limited