It´s raining good news for the Indian economy. Credit Suisse has said that India will witness the fastest dollar nominal growth in 2015. And falling oil prices are proving to be a major windfall for the country.
FlashNews:
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
NISAR Mission Unites India and US Amid Trade War and Global Tensions
India’s MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
REC Achieves ISO 31000 Certification, a First for India’s Public Sector NBFCs
Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha
GAIL Posts Q1 FY2026 Revenue of ₹3,479 Billion Amid Sustainability Push
Scindia Urges BSNL Circle Chiefs to Adopt CEO Mindset to Drive Services
AM/NS India Leads Nation in Securing CSIR-CRRI License for Steel Slag Roads
Tag: Saudi Arabia
India to deepen oil ties with Saudi Arabia
India has invited Saudi Arabia to invest in strategic crude oil storages and downstream facilities.
Zahid Tractor sells BAUER drilling rig
Zahid Tractor's Rental Division has sold the first BAUER BG39 drilling rig in the Middle East to HUTA Foundation Works Co to be used for the Madinah Holy Mosque expansion. As a result, the BAUER Group has presented the Rental Division with the Sales Appreciation Award 2013 for outstanding sales and achievement. In 2010, Zahid Tractor became the exclusive dealer for BAUER drilling rigs, tools and accessories in Saudi Arabia.
L&T bags Rs 8,250-cr order from Saudi Arabia
L&T Construction's Heavy Civil Infrastructure Business has bagged a contract worth $1.403 billion (Rs 8,250 crore) from Riyadh Development Authority for a metro project in Saudi Arabia.
L&T bags Rs 8,250-cr order from Saudi Arabia
L&T Construction's Heavy Civil Infrastructure Business has bagged a contract worth $1.403 billion (Rs 8,250 crore) from Riyadh Development Authority for a metro project in Saudi Arabia.
Oil import from Iran set to fall further in FY13
Media reports indicate that India's crude oil import from Iran may fall from 18.1 million tonne (mn t) in 2011-12 to about 13 mn t in 2012-13 because of sanction imposed by Western countries on the gulf nation. During the April-December 2012, Iran, which was IndiaÂ’s second biggest supplier of crude oil after Saudi Arabia in 2010-11, supplied
Addl Oil from Saudi
India has sought an additional 100,000 barrels per day (bpd) from Saudi Arabia for 2012-13 as a replacement for a cut in supplies from sanctions-hit Iran.Saudi Arabia is the biggest oil supplier to India, the world’s fourth-biggest oil consumer, and is the only oil producer with significant spare capacity to replace any fall in supply from its regional rival Iran.
KEC bags Saudi order
KEC International (KEC) has secured order from Saudi Arabia for supply and construction of transmission lines on turnkey basis.
Cost-effective road technology from IPPL
India Polyroads (IPPL) has introduced high quality polymer stabilisation products that make road construction more cost effective and time saving.