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Making difference in homeland

Making difference in homeland

When Srini Kris left India at the age of 22 to pursue an engineering career in the US, he always hoped one day to return. Little did he know that running the Indian operations of URS, one of the world's leading engineering, construction and techni¡cal services companies

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Obama vows to pace up shipping & transit projects

Obama vows to pace up shipping & transit projects

US President Barack Obama has vowed on July 25 to use his executive powers to bypass bottlenecks in Congress and accelerate infrastructure projects to bolster growth and add jobs. Speaking inside a cruise ship terminal at Jaxport, a major passenger and cargo port on the East Coast, Obama hailed two major projects that would accommodate increasing global trade and speed the delivery of goods that arrive on huge ships and depart by train for destinations across the United States.

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India enters 1 billion-tonne rail cargo club

India enters 1 billion-tonne rail cargo club

Indian Railways, by carrying 100 million tonne cargo in March, has entered the select group of countries such as the US, China and Russia that load a billion tonne of cargo in a year. It is the second time for Indian Railways to carry such a large volumes in a month.

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AI’s Dreamliner fleet to remain grounded till Feb 17

AI’s Dreamliner fleet to remain grounded till Feb 17

Newly bought six Boeing 787 Dreamliners of Air India would remain grounded till February 17, with further delays expected in the tests being carried out by US and Japanese authorities on the faulty lithium ion batteries used in the aircraft. This means that the newest aircraft in the airline fleet will remain grounded for a month as it was on January 17 that Air India had grounded its Boeing 787 fleet, after the DGCA issued a directive following an advisory by the US regulator Federal Aviation A

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Global clean energy investments fell by 11% in 2012

Global clean energy investments fell by 11% in 2012

According to reports, the overall global clean energy investments in 2012 was $268.7 billion, down from $302.3 billion in 2011. Clean energy investment declined 11 per cent in 2012, weighed down by regulatory uncertainty and policy changes in big markets such as the US, India, Spain and Italy. Sharply lower prices of solar and wind technology also provided downward pressure on investment volumes.

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ConocoPhillips to choose ONGCÂ’s blocks

ConocoPhillips to choose ONGCÂ’s blocks

International energy giant ConocoPhillips has studied 19 ultra-deep-water blocks of Oil and Natural Gas Corporation (ONGC) and would choose the ones that it plans to acquire.In order to benefit from technology and the experience of ConocoPhillips in deep water blocks, ONGC decided to partner with the company. The US-based firm is holding discussion with ONGC on this matter and it is learnt that the former might pick stake in more than one block.

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Govt to reconsider oil import from Iran

Govt to reconsider oil import from Iran

External Affairs Minister Salman Khurshid said that his government would review in the new year the issue of importing crude oil from Iran. Oil imports from Iran has a steadily declining share in IndiaÂ’s total oil imports with the levels dropping from over 16 per cent in 2008-09 to almost 10 per cent in 2011-12.Earlier, US exempted India from the sanction on import of Iranian crude oil. The bottom line of the conditions of the waiver has been satisfied which is you should not increase dependency

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Govt to reconsider oil import from Iran

Govt to reconsider oil import from Iran

External Affairs Minister Salman Khurshid said that his government would review in the new year the issue of importing crude oil from Iran. Oil imports from Iran has a steadily declining share in IndiaÂ’s total oil imports with the levels dropping from over 16 per cent in 2008-09 to almost 10 per cent in 2011-12.Earlier, US exempted India from the sanction on import of Iranian crude oil. The bottom line of the conditions of the waiver has been satisfied which is you should not increase dependency