News

The central government has set up a high-level committee headed by the NITI Aayog to sort out all the bilateral issues related to implementation of the Mumbai-Ahmedabad High Speed Rail (HSR) Corridor Project, with a […]

Russia to open up its oil and gas sector to India

Russia’s decision to open up its oil and gas sector to Indian companies will significantly boost bilateral trade. The two nations are negotiating some more acquisitions and projects in the hydrocarbons sector. The deals sealed […]

DEA approves funding for Visakhapatnam-Chennai Industrial Corridor

The Department of Economic Affairs (DEA) under the Ministry of Finance (MoF) has approved a sum of Rs 33.1 billion as a project loan and Rs 8.28 billion as the policy loan component for the […]

Qatar slashes gas prices by half for Indian supplies

Qatar has slashed the price of gas it supplies to India by almost half by removing the floor and cap in the pricing formula, but it has introduced a small fixed component. The revised formulation, […]

Government to convert cess on domestically produced crude oil into ad valorem rate

The government is likely to convert a cess on domestically produced crude oil into an ad valorem rate from a fixed per tonne levy at present. The budget for 2016-17 is likely to make changes in […]

Air Costa obtains NOC for pan-India operations

Air Costa has received a no-objection certificate (NOC) for pan-Indian operations from the MoCA. The NOC will enable the airline to secure a national flying licence from the Directorate General of Civil Aviation. The airline […]

e-boarding facility launched at Hyderabad airport

The MoCA has launched e-boarding facility at the Rajiv Gandhi International Airport (RGIA), Hyderabad, for all domestic passengers. Passengers flying from the RGIA may use a mobile e-boarding card and Aadhar card number for entry […]

Air India launches Ahmedabad-London flights

Air India launched daily flight services on the Ahmedabad-London route via Mumbai from December 15, 2015. Dreamliner B787 aircraft will cater to the route. Passengers are not required to alight for security checks or change […]

MoCA gives clearance for four greenfield airports

The MoCA has granted clearance for the development of four greenfield airports – Dholera International Airport, Bhogapuram International Airport, Orvakal (Kurnool) airport and Dagadarthi (Nellore) airport. Dholera airport has been granted in-principle approval while site […]

Air India launched daily flight services …

January 6, 2016

Air India launched daily flight services on the Ahmedabad-London route via Mumbai from December 15, 2015. Dreamliner B787 aircraft will cater to the route. Passengers are not required to alight for security checks or change […]

The Andhra Pradesh government has sanctioned …

The Andhra Pradesh government has sanctioned an amount of Rs 50 million to the Amaravati Metro Rail Corporation for the Vijayawada (Amaravati) Metro Rail Project Phase I. The project involves the development of a 26.03 km […]

The Ministry of Communications and IT…

The Ministry of Communications and IT (MoCIT) is likely to receive 150 MHz of spectrum in the 1700 MHz-2000 MHz band from the defence forces by March 2016. According to the Department of Telecommunications (DoT), […]

The Committee on Revisiting and Revitalising …

The Committee on Revisiting and Revitalising the PPP Model of Infrastructure Development has submitted its report. The committee has suggested broad guidelines for the next generation of PPP contracts, while allocating and managing risks. As […]

The Department of Economic Affairs …

The Department of Economic Affairs (DEA) under the Ministry of Finance (MoF) has approved a sum of Rs 33.1 billion as a project loan and Rs 8.28 billion as the policy loan component for the […]

Indira Container Terminal Private Limited …

Indira Container Terminal Private Limited commenced container handling operations with a call from VSL Bahri Yanbu 006 at its offshore berth at the Mumbai Port Trust. The offshore project was awarded on a 30-year operating […]

The Ministry of Civil Aviation (MoCA) has postponed …

The Ministry of Civil Aviation (MoCA) has postponed a plan to impose a 2 per cent levy on domestic and international air tickets. This was earlier proposed to be effective from January 2016 under the […]

India’s biggest oil refinery to come up in Maharashtra

India plans to set up its biggest oil refinery in Maharashtra and the government has mandated the state-run oil marketing companies (OMCs) to work on the project. The government envisages the development of a petrochemical […]

Four bidders to submit RfP for Navi Mumbai airport

The MoCA has granted in-principle approval for the request for proposal (RfP) document for the Rs 150 billion Navi Mumbai International Airport project. The RfP will be issued to four shortlisted bidders (the GMR Group, […]

Plan to impose a levy on air tickets delayed

The Ministry of Civil Aviation (MoCA) has postponed a plan to impose a 2 per cent levy on domestic and international air tickets. This was earlier proposed to be effective from January 2016 under the […]

India and Singapore sign MoU for operating and managing terminal buildings