Till the global economy shows signs of recovery, Shipping Corporation of India (SCI) has no plans to order for new vessels. SCI is IndiaÂ’s national ocean carrier. Not just SCI all shipyards in India were facing the heat of slowdown in the shipping industry.
FlashNews:
Indian Railways Launches Assured Transit Container Service from Delhi to Kolkata
IGL Opens New Delhi Office as Minister Puri Highlights India’s Clean Energy Push and Refining Ambitions
Road Construction May Hit Five-Year Low in FY2026, Cautions ICRA
Delhi Airport Rolls Out E-Arrival Card for Foreign Travellers to Streamline Immigration
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
NMIA Secures DGCA Aerodrome Licence Ahead of October Launch
India Re-elected to ICAO Council with Enhanced Global Support
India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026
Air Marshal Bharti Calls for Full Indigenisation to Win Future Wars
Air India, Airbus Launch Advanced Pilot Training Hub in Gurugram
India-Bhutan Rail Links Signal Strategic Leap in Himalayan Connectivity
India Anchors $8 Billion Maritime Investment Wave
India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
Mumbai-Ahmedabad bullet train corridor to emerge as major economic cluster: Ashwini Vaishnaw
IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
IndiGo Deepens Indian Ocean Connectivity with New Routes to Bali and Malé
Air India Express Adds Jodhpur and Udaipur to Domestic Network, Expands Footprint to 60 Destinations
Noida International Airport Pioneers India’s Green Construction Shift with LC3 Cement
Domestic Flyers Drive Digital Airport Revolution with Record Self-Check-In and DigiYatra Uptake: CSMIA
Tag: recovery
Cairn may not get relinquished blocks on nomination basis
The Directorate General of Hydrocarbons (DGH) opined that Cairn India can repossess the almost 8,000 square kilometre of area in its prolific Rajasthan block
only by participating in future NELP or Open Acreage Licensing Policy (OPAL) bidding. It may be recalled that Cairn India requested the government to return the area that it previously relinquished as it did not find oil or
DGH calls for review of DoC for RIL’s block
Media reports suggest that the Directorate General of Hydrocarbons (DGH) asked the union oil ministry to convene a meeting of the Management Committee (MC) to review the Declaration of Commerciality (DoC) for D-35 block. The block, which is also named CY-DWN-2001/2 block, was discovered by Reliance Industries (RIL) in 2007
RIL may invest Rs 1.5 trillion in core businesses
Media reports indicate that the various businesses of Reliance Industries (RIL) may get Rs 179,000 crore investment in the next five years. Of the total amount, the firm may invest about Rs 151,000 crore towards core oil, gas, refining and petrochemical sectors in the next five years; the rest would go towards the t
RIL’s US shale assets produce 11 mmscmd gas
Reliance Industries (RIL) produces 11 million standard cubic metre per day (mmscmd) of natural gas from its shale gas operations in the United States. This is higher than the company's share of 9.6 mmscmd gas from its Krishna Godavari basin (KG D6) in the Bay of Bengal. While gas output from KG Basin is a littl
RIL submits proposal to relinquish low prospectivity area
Reliance Industries (RIL) has submitted to the government a proposal to relinquish low prospectivity area in its eastern offshore KG-D6 block, the company informed this in an investor presentation. Out of a total of 7,645 sq km in KG-DWN-98/3 or KG-D6 block, only 3,412 square kilometer of area will be retained, the firm
RIL finds another reservoir below KG-D6 basin
In a development that may increase output from Reliance Industries' (RIL) KG D6 basin, the company said it discovered another reservoir of natural gas below its existing fields in the basin. Although the company could not ascertain the potential output at the reservoir as it is still drilling in the region, some reports indicate that the new reserve could
RIL shuts another well at KG D6 block, output falls
According to a latest report of the Directorate General of Hydrocarbons (DGH), Reliance Industries (RIL) shut its ninth well - A1 - on the Krishna Godavari (KG)-D6 block for "reservoir build-up study. The closure of the well resulted in the gas output from the block falling to an all-time low of 15.5 million standard cubic metre per
CAG team resumes audit of RIL’s KG-D6 operation
Following assurance from the union petroleum ministry, the officials of the Comptroller and Auditor General of India (CAG) resumed audit of the KG-D6 gas field operated by Reliance Industries (RIL). Recently, the team of CAG arrived at the Mumbai officie of RIL for this purpose. The CAG received assurance from the oil ministry that the auditing team would have acce
Govt resolves issues with RIL on CAG audit
Union Petroleum Secretary Vivek Rae informed reporters that the government resolved the audit issue pertaining to the operation of Reliance Industries (RIL)in the Krishna Godavari (KG) D6 basin. Speaking at the sidelines of a CII Annual General Meeting (AGM), Rae said RIL agreed to a Comptroller and Auditor General (CAG) audit on its operation in KG-D6 fi