India has extended a line of credit of around $500 million to Sri Lanka to fund the country’s fuel purchases, as the nation struggles to overcome its worst financial and energy crisis in decades. The […]
Bharat Petroleum Corporation Limited (BPCL), GAIL (India) Limited, ONGC, IOCL, HPCL and Oil India Limited (OIL) plan to invest around Rs 1.1 trillion during 2022-23. These public sector enterprises will invest 7.4 per cent more […]
The Indian Energy Exchange (IEX) has sold 4.93 per cent of its stake in the India Gas Exchange (IGX) to Indian Oil Corporation Limited (IOCL). The IEX and the National Stock Exchange are promoters of […]
Petronet LNG Limited intends to invest Rs 400 billion over the next four to five years, including some investment in overseas supply sources. Petronet LNG plans to make a foray into the petrochemical business by […]
Hindustan Petroleum Corporation Limited (HPCL) plans to invest Rs 262.64 billion towards the expansion and modernisation of its Visakha refinery. Under the Visakha refinery modernisation project, the capacity of the refinery will be expanded from […]
According to rating agency ICRA, domestic air passenger traffic plunged around 43 per cent month on month to stand at 6.4 million in January 2022 as the third wave of the Covid-19 pandemic and the […]
The government has revised the guidelines for international arrivals, removing the category of at-risk countries. The guidelines will come into effect from February 14, 2022. All foreign arrivals must fill a self-declaration form online (available […]
On February 10, 2022, MoCA reported that AAI and other airport developers have targeted a capital outlay of Rs 910 billion in the sector over the next five years. The outlay will be towards the […]
On January 27, 2022, the Tata Group officially took over Air India from the government. The strategic disinvestment transaction of Air India successfully concluded with the transfer of 100 per cent shares of Air India […]
In the Union Budget 2022-23, the government has allocated Rs 106.67 billion for the Ministry of Civil Aviation (MoCA). As per the government’s annual financial statement, Rs 105.91 billion has been allocated for revenue disbursement, […]
According to the Ministry of Petroleum and Natural Gas, India will more than double the area under exploration and production of oil and gas to 0.5 million square km by 2025 and 1 million square […]
With the goal of reducing the reliance on imported fossil fuels, converting waste to wealth, and revolutionising the biofuel sector with alternative green resources by processing various types of waste and converting them to green […]
Manoj Kumar Jain is a technocrat with over 42 years of diverse experience in electricity generation, transmission and distribution in Uttar Pradesh and Uttarakhand. In April 2019, he moved into the core regulatory sector, taking […]
In 2021, we saw certain crucial changes in telecom policy. Going forward, there should be less pressure on operators, given the rationalisation of adjusted gross revenue (AGR). The clearance for 100 per cent FDI should […]
The Asian Development Bank (ADB) has played a crucial role in funding infrastructure projects in India. It has been providing financial as well as technical assistance to the centre and states over the years. The […]
The dedicated freight corridor (DFC) project is one of the most ambitious projects undertaken by Indian Railways (IR). It is being developed along the Golden Quadrilateral to link the four metropolitan cities of Delhi, Mumbai, […]
The application of geosynthetics in the infrastructure sector is becoming more and more recognised today because of its special advantages. Geosynthetics have proven to be among the most versatile and cost-effective materials. These are synthetic […]
The port sector in India is being driven by high growth in external trade. Imports from China soared to almost $100 billion in 2021. Indian exports to China too are steadily increasing. India’s import basket […]
At a time when the maritime industry was suffering from weak domestic performance and foreign trade difficulties, the Covid-19 pandemic created new hurdles. While the industry has begun to show signs of recovery since June […]
“Reinventing Construction – A Route to Higher Productivity”, published by McKinsey’s Global Institute in February 2017, presented facts about labour productivity in the construction industry. This article reflects the phenomenal growth prospects available for Indian […]
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