TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Rajasthan Civic Polls 2026: BJP Extends Its Dominance Across Urban Rajasthan

    Rajasthan Civic Polls 2026: BJP Extends Its Dominance Across Urban Rajasthan

    Why Ladakh’s Statehood Movement Is Shifting Gears

    Why Ladakh’s Statehood Movement Is Shifting Gears

    Bhaskar Report: Bihar Coaching Hub Under Fire Over Alleged Student Brainwashing

    Bhaskar Report: Bihar Coaching Hub Under Fire Over Alleged Student Brainwashing

    UK Break-Up Fears Rise as Nations Seek Self-Determination

    UK Break-Up Fears Rise as Nations Seek Self-Determination

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Money Back Plan for Parents: A Smart Way to Plan for Your Child’s Future

    Money Back Plan for Parents: A Smart Way to Plan for Your Child’s Future

    Need a bank account today? Open one online in minutes

    Need a bank account today? Open one online in minutes

    Do You Still Need Term Insurance If You Have ₹50 Lakh Employer Cover?

    Do You Still Need Term Insurance If You Have ₹50 Lakh Employer Cover?

    What the UAE’s 2026 Corporate Tax Rules Actually Mean for a Free Zone Company

    What the UAE’s 2026 Corporate Tax Rules Actually Mean for a Free Zone Company

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    CNS Adm Krishna Swaminathan Visits New Zealand to Deepen Maritime Ties with RNZN

    CNS Adm Krishna Swaminathan Visits New Zealand to Deepen Maritime Ties with RNZN

    Chinese Troop Levels at LAC Fall as MoD Report Details Operation Sindoor Strikes

    Chinese Troop Levels at LAC Fall as MoD Report Details Operation Sindoor Strikes

    INS Kulish Arrives at Cambodia’s Ream Naval Base Under Eastern Fleet Deployment

    INS Kulish Arrives at Cambodia’s Ream Naval Base Under Eastern Fleet Deployment

    The Missing Layer: How Russia’s Pantsir-S1M Would Plug India’s S-400 Gap

    The Missing Layer: How Russia’s Pantsir-S1M Would Plug India’s S-400 Gap

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    CIA Files Declassified for 9/11 Anniversary Reveal Bin Laden Eyed India as Target Years Before 2001 Attacks

    CIA Files Declassified for 9/11 Anniversary Reveal Bin Laden Eyed India as Target Years Before 2001 Attacks

    World Leaders Head Home as BRICS Summit Wraps Up in Delhi

    World Leaders Head Home as BRICS Summit Wraps Up in Delhi

    Modi Calls for “Concrete Results” as BRICS Wraps Up in Delhi, Hands Chairship to China

    Modi Calls for “Concrete Results” as BRICS Wraps Up in Delhi, Hands Chairship to China

    Between the Sessions: Millets, Mithai and a Malaysian PM Who Loves His Bollywood

    Between the Sessions: Millets, Mithai and a Malaysian PM Who Loves His Bollywood

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    What Skills Will You Gain from a Strategic Leadership Course

    What Skills Will You Gain from a Strategic Leadership Course

    Young Indian Gen Z exploring Sanatan Dharma through smartphones, social media and the Bhagavad Gita

    Ancient Roots, Digital Minds: The Rise of Sanatani Gen Z

    Break into QA Jobs Faster with Automation Testing Course from StarAgile

    Break into QA Jobs Faster with Automation Testing Course from StarAgile

    Which JEE Online Coaching Is Best for JEE Mains 2027?

    Which JEE Online Coaching Is Best for JEE Mains 2027?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Champions With Principles: India’s Women Show the World How to Win With Dignity

    Champions With Principles: India’s Women Show the World How to Win With Dignity

    How Sports Betting Changed My Understanding of Risk in Indian Politics

    How Sports Betting Changed My Understanding of Risk in Indian Politics

    How Mobile Proxies Engine Global Media Monitoring and International OSINT Pipelines

    How Mobile Proxies Engine Global Media Monitoring and International OSINT Pipelines

    Digital Sovereignty and Telecommunications Privacy: Safeguarding Personal Identifiers in Modern Geopolitics

    Digital Sovereignty and Telecommunications Privacy: Safeguarding Personal Identifiers in Modern Geopolitics

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Rajasthan Civic Polls 2026: BJP Extends Its Dominance Across Urban Rajasthan

    Rajasthan Civic Polls 2026: BJP Extends Its Dominance Across Urban Rajasthan

    Why Ladakh’s Statehood Movement Is Shifting Gears

    Why Ladakh’s Statehood Movement Is Shifting Gears

    Bhaskar Report: Bihar Coaching Hub Under Fire Over Alleged Student Brainwashing

    Bhaskar Report: Bihar Coaching Hub Under Fire Over Alleged Student Brainwashing

    UK Break-Up Fears Rise as Nations Seek Self-Determination

    UK Break-Up Fears Rise as Nations Seek Self-Determination

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Money Back Plan for Parents: A Smart Way to Plan for Your Child’s Future

    Money Back Plan for Parents: A Smart Way to Plan for Your Child’s Future

    Need a bank account today? Open one online in minutes

    Need a bank account today? Open one online in minutes

    Do You Still Need Term Insurance If You Have ₹50 Lakh Employer Cover?

    Do You Still Need Term Insurance If You Have ₹50 Lakh Employer Cover?

    What the UAE’s 2026 Corporate Tax Rules Actually Mean for a Free Zone Company

    What the UAE’s 2026 Corporate Tax Rules Actually Mean for a Free Zone Company

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    CNS Adm Krishna Swaminathan Visits New Zealand to Deepen Maritime Ties with RNZN

    CNS Adm Krishna Swaminathan Visits New Zealand to Deepen Maritime Ties with RNZN

    Chinese Troop Levels at LAC Fall as MoD Report Details Operation Sindoor Strikes

    Chinese Troop Levels at LAC Fall as MoD Report Details Operation Sindoor Strikes

    INS Kulish Arrives at Cambodia’s Ream Naval Base Under Eastern Fleet Deployment

    INS Kulish Arrives at Cambodia’s Ream Naval Base Under Eastern Fleet Deployment

    The Missing Layer: How Russia’s Pantsir-S1M Would Plug India’s S-400 Gap

    The Missing Layer: How Russia’s Pantsir-S1M Would Plug India’s S-400 Gap

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    CIA Files Declassified for 9/11 Anniversary Reveal Bin Laden Eyed India as Target Years Before 2001 Attacks

    CIA Files Declassified for 9/11 Anniversary Reveal Bin Laden Eyed India as Target Years Before 2001 Attacks

    World Leaders Head Home as BRICS Summit Wraps Up in Delhi

    World Leaders Head Home as BRICS Summit Wraps Up in Delhi

    Modi Calls for “Concrete Results” as BRICS Wraps Up in Delhi, Hands Chairship to China

    Modi Calls for “Concrete Results” as BRICS Wraps Up in Delhi, Hands Chairship to China

    Between the Sessions: Millets, Mithai and a Malaysian PM Who Loves His Bollywood

    Between the Sessions: Millets, Mithai and a Malaysian PM Who Loves His Bollywood

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    What Skills Will You Gain from a Strategic Leadership Course

    What Skills Will You Gain from a Strategic Leadership Course

    Young Indian Gen Z exploring Sanatan Dharma through smartphones, social media and the Bhagavad Gita

    Ancient Roots, Digital Minds: The Rise of Sanatani Gen Z

    Break into QA Jobs Faster with Automation Testing Course from StarAgile

    Break into QA Jobs Faster with Automation Testing Course from StarAgile

    Which JEE Online Coaching Is Best for JEE Mains 2027?

    Which JEE Online Coaching Is Best for JEE Mains 2027?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Champions With Principles: India’s Women Show the World How to Win With Dignity

    Champions With Principles: India’s Women Show the World How to Win With Dignity

    How Sports Betting Changed My Understanding of Risk in Indian Politics

    How Sports Betting Changed My Understanding of Risk in Indian Politics

    How Mobile Proxies Engine Global Media Monitoring and International OSINT Pipelines

    How Mobile Proxies Engine Global Media Monitoring and International OSINT Pipelines

    Digital Sovereignty and Telecommunications Privacy: Safeguarding Personal Identifiers in Modern Geopolitics

    Digital Sovereignty and Telecommunications Privacy: Safeguarding Personal Identifiers in Modern Geopolitics

    • 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

Rajasthan Civic Polls 2026: BJP Extends Its Dominance Across Urban Rajasthan

Champions With Principles: India’s Women Show the World How to Win With Dignity

Why Ladakh’s Statehood Movement Is Shifting Gears

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

PHOTO-OPS AND PATROLS: PAKISTAN’S CMF STANDING FACES A TOUGH QUESTION
Analysis

PHOTO-OPS AND PATROLS: PAKISTAN’S CMF STANDING FACES A TOUGH QUESTION

4 September 2026

Pakistan's navy has never been shy about showcasing its Combined Maritime Forces involvement — joint communiqués, change-of-command ceremonies, statements...

FCRA amendment bill: what’s driving the row over foreign funding rules
Analysis

FCRA amendment bill: what’s driving the row over foreign funding rules

11 August 2026

  New Delhi: A bill seeking to amend India's law on foreign funding for non-governmental organisations (NGOs) has become...

Is Lalit Modi Back? Kochi IPL Controversy Returns With Fresh Claims Over Tharoor Pushkar and Political Pressure
Analysis

Is Lalit Modi Back? Kochi IPL Controversy Returns With Fresh Claims Over Tharoor Pushkar and Political Pressure

5 June 2026

Lalit Modi has once again pulled the 2010 Kochi IPL franchise controversy back into national focus, reviving a dispute...

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

Beginning Of Saudi Arabia's End ? A Case Study...

Beginning Of Saudi Arabia's End ? A Case Study...

00:16:00

₹2 Crore Film, ₹143 Crore Hit: The ‘Hanuman Ansh’ Box Office Shock

00:02:46

Who Is Major Rishabh Sambhyal? The Army Officer Who Became a Social Media Sensation

00:03:34

The Missing 54: What Happened to India’s Soldiers After the 1965 & 1971 Wars | POW | Indo-Pak

00:04:43

J-20 vs India: How Super Sukhoi, Rafale & AMCA Could Counter China’s Stealth Fleet | IAF | HAL

00:03:32
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