ONGC starts oil production from delayed USD 5 billion deep-water project
State-controlled Oil and Natural Gas Corporation (ONGC) has started oil production from its much-delayed flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, helping reverse years of decline in output, the company said. ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up...
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India's coal import rises 11.7 per cent to 21 MT in Nov
09 January 2024 | PTI -
Agri exports likely to double to USD 100 bn by 2030: Commerce Secretary
09 January 2024 | PTI -
MF industry assets surge by Rs 11 lakh crore in 2023, crosses Rs 50 lakh crore mark
09 January 2024 | PTI -
Gold slips Rs 250; silver slumps Rs 400
09 January 2024 | PTI -
Business brief
09 January 2024 | Agencies -
Mercedes Benz lines up Rs 200 cr investment, to launch over 12 products in 2024
09 January 2024 | PTI -
Gujarat's GIFT City to be one of the top global financial centres in coming years: CM Patel
09 January 2024 | PTI
Commerce ministry sets up task force to resolve trade barrier issues for exporters
The commerce ministry has set up a task force to identify and resolve trade barriers being faced by exporters in other countries, a move which would help provide greater market access to domestic goods, an official said. The development assumes significance as many times India's exports suffer from these barriers such...
Muizzu to sign pacts to bolster ties with China
Maldivian President Mohamed Muizzu arrived in China on Monday on a five-day state visit during which he is due to hold talks with his Chinese counterpart Xi Jinping and sign several agreements to bolster the bilateral ties. Muizzu, who is regarded as “pro-China”, is accompanied by his wife Sajidha Mohamed and...
SC quashes life-long disqualification of Pak lawmakers
Pakistan’s Supreme Court on Monday quashed the lifetime disqualification for lawmakers, ruling that parliamentarians would be barred from holding office for five years, in a major relief to leading politicians, including former prime ministers Nawaz Sharif and Imran Khan, ahead of the February 8 elections. A 2018 judgment by a five-member...
SL Navy ready to despatch ship to Red Sea
The Sri Lanka Navy on Monday said it is ready to send a naval ship to the Red Sea to combat the threat to merchant vessel lines by Houthi rebels, joining countries such as India, in protecting the key waterway for global trade. The announcement comes following last week’s orders...
4 civilians killed in Ukraine in missile attacks
Russia launched its latest barrage of hypersonic and cruise missiles against Ukrainian targets early Monday, striking near the front lines of fighting in the east as well as in central and western parts of the country, officials said. At least four civilians were reported killed and at least 30 injured. Western...
‘I look after my people with motherly affection’
Newly-elected fifth-term Bangladesh Prime Minister Sheikh Hasina on Monday said she looks after her people with motherly affection but did not think her gender is any impediment to her work. Refusing to be bracketed as a woman running the top office in Bangladesh, she said, “Actually when you run the country,...
PTI says candidates to be announced within 24 hrs
Jailed former prime minister Imran Khan’s beleaguered Pakistan Tehreek-e-Insaf party on Monday said it would announce its candidates for the upcoming February 8 election within the next 24 hours. Senator Ali Zafar from the Pakistan Tehreek-e-Insaf (PTI) party told Geo News that the party had issued the confirmation to 98-99 per...