India has announced a new initiative to finance 50% of the costs associated with deepwater oil and gas exploration wells. This strategic program is designed to decrease the countrys dependence on imported energy supplies and enhance domestic energy security. Over
India to Invest ₹84,084 Crore in National Offshore Exploration Initiative The Indian Cabinet has approved the Samudra Manthan scheme, a national offshore exploration initiative aimed at enhancing the countrys oil and gas production capabilities. This ambitious program will have an
The Indian Cabinet has approved the Samudra Manthan scheme, a significant initiative aimed at enhancing the countrys offshore oil and gas exploration capabilities. With a planned outlay of ₹84,084 crore (approximately $10.1 billion), this scheme is designed to strengthen Indias
Vodafone Idea Receives ₹26.8 Crore Notice from Telecom Department for Spectrum Rollout Allegations Vodafone Idea Limited (Vi) has been issued a demand notice by the Ministry of Communications’ Department of Telecommunications (DoT) for ₹26.8 crore. The notice pertains to an
On Saturday, Prime Minister Narendra Modi inaugurated the Alluri Sitarama Raju International Airport, marking a significant development in regional infrastructure. The airport, which is designed to accommodate six million passengers per year, aims to enhance connectivity and stimulate economic growth
Zee Entertainment Enterprises Limited has received shareholder approval for the issuance of convertible warrants amounting to over ₹3,000 crore. This development allows the companys promoters to significantly increase their ownership stake in the organization. The decision was met with mixed
In July, Goods and Services Tax (GST) collections in India reached ₹2,11,205 crore, marking a significant increase of 15.4% compared to the same month last year. This growth can be attributed primarily to a notable 29% rise in the integrated
The Reserve Bank of India (RBI) has reported that total foreign exchange mobilization under its concessional dollar swap facility has surpassed $40 billion. This impressive figure represents more than a twofold increase within a mere two weeks, outpacing earlier deposit
Several automotive manufacturers reported record sales figures for July, predominantly attributed to the launch of new sport utility vehicles (SUVs). Notably, Maruti Suzuki and Tata Motors recorded considerable year-on-year growth in their passenger vehicle segments, reflecting a strong consumer demand
In July 2023, the Unified Payments Interface (UPI) processed a total of 2,366 crore transactions, indicating substantial growth compared to the same month last year. The total value of these UPI transactions reached approximately Rs 29.88 lakh crore, highlighting the
