The Government is taking all the necessary steps to revive the economy. It has taken quick decisions and is also focusing on executive and administrative capability to implement them.
FlashNews:
Indian Railways Achieves Record Capex Utilisation in H1 FY26; Safety and Network Expansion Lead Spend
IMC 2025: Modi Urges Indian Tech Leaders to Scout Global Gaps and Make for the World from Bharat
IMC 2025: Scindia Positions India as Telecoms Launchpad for Global Innovation and Scale
Modi Government Clears ₹12 Trillion Infrastructure Push in Third Term, Says Vaishnaw
Over ₹109 Billion in Rooftop Solar Loans Sanctioned Under PM Surya Ghar Scheme
India Flags Third VLGC ‘Shivalik’ as Maritime Push Gains Momentum
MGL and Oil India Forge LNG Partnership to Accelerate Clean Transport and Energy Transition
Khattar to Represent India at G20 Energy Meet in South Africa, Showcasing Renewable Milestone and Inclusive Growth Agenda
Cabinet Clears ₹24.63-Billion Rail Multitracking Push Across Four States, Adding 894 km to National Network
Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies
Air India Express Expands Delhi Network with Seven New Routes Across India
Flytta Launches India’s First Retrofitted Electric Truck for Industrial Logistics
IndiGo Launches Direct Mumbai-Heathrow Flights, Expands Long-Haul Footprint in UK
INOX Air Products Invests ₹5 Billion in Dholera to Build India’s First Electronic Speciality Gas Hub
MoSPI Hosts Brainstorming Workshop to Develop Framework for Measuring India’s Knowledge Economy
Surat HSR Site Reviewed by Railway Minister and Japan’s Infrastructure Chief Amid Bharat-Japan Rail Push
Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
IndiGo to Resume China Flights from October 26 as India-China Air Services Restart
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Offshore oil and gas blocks hold great potential in India
Industry players opine that India's offshore exploration sector holds tremendous potential in terms of oil and gas reserves. According to SK Srivastava, Chairman of Oil India (OIL), offshore exploration will play an increasing role in India's efforts to source crude oil domestically. Of the domestic crude oil output of 38 million ton, the offshore sector accounts for 21 million ton, followed by 1
GPP’s capex may benefit the port
Some analysts feel that the proposed capital expenditure of Gujarat Pipavav Port (GPP) may benefit it in the long run. It may be noted that the port plans to execute Rs 11 bn worth projects to expand its present berth capacity. It plans to double container capacity by March 2015 to 1.5 mn TEUs and increase bulkhandling capacity to 10 mn ton
Board of OIL clears plan to set up foreign arm
In order to pick up stake in foreign oil and gas assets, pubic sector energy explorer Oil India (OIL) plans to set up an overseas subsidiary. At a meeting on April 10, the board of OIL cleared the decision to set up a subsidiary, which will have a separate board and managing director akin to the corporate structure of ONGC
OIL plans to spend large portion on exploration
Reports suggest that Oil India (OIL) plans to spend over 32 percent of the planned capital expenditure (capex) in the 12th Five Year plan period (2012-17) towards exploration which will enhance its current reserve base. According to analysts, the cost of production of the company for oil and gas is amongst the lowest in the world. This is mainly on account of the fact that most of the production for OIL is
CPSEs have Rs 2.84 trillion cash
Minister of heavy Industries and Public Enterprises Praful Patel informed Lok Sabha that Central Public Sector Enterprises (CPSEs) have Rs 284,153.22 crore cash and bank balances at present. Further, it is learnt that 17 state-run firms, including, ONGC, OIL and NTPC, committed to invest over Rs 1.63 lakh crore during 2012-13
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