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‘Remarkable Step In India’s Energy Journey…’; Oil Extraction From KG Basin Starts | Watch
India has started extracting oil from the $ 5 billion deepwater project in the Krishna Godavari basin located in southern India. India's Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday (Jan 8) shared the news with the country. On Sunday the state-controlled ONGC kicked off oil extraction from its flagship deep-water project and the first oil was extracted a day before at 30 kilometres off the coast of Kakinada in the Krishna Godavari Basin.
15 Jan 2024Bankruptcy framework needs to be made more efficient for developing stressed asset market: CEA
Subramanian’s suggestion is particularly relevant for public sector banks, in which individual executives may shy away from timely and bold decisions about the worth of an asset fearing an enquiry into the wisdom of it at a later date by regulatory or investigating agencies
2 min read14 Oct 2020Adani Ports SEZ completes acquisition of Krishnapatnam port for ₹12,000 crore
The deal will accelerate APSEZ’s stride towards handling 500 million tonnes by 2025, Adani group said
1 min read6 Oct 2020IBM to set up centre of excellence for AI with government e-marketplace
As AI is slated to unlock $15.7 tn in productivity by 2030, it has the potential to not only boost economic growth but improve the livelihoods of millions around the world
1 min read5 Oct 2020India will get back to high growth again, says CEA
Reforms done on the agriculture side, on labour, on privatization, all these will increase productivity and help in bringing back growth, says K. Subramanian, chief economic adviser
6 min read15 Sep 2020Sales of Corona Kavach policies on rise, says Max Bupa
Coronavirus pandemic has acted as a catalyst for increasing awareness about health insurance as sales of newly-launched Corona Kavach policy have risen to 200-300 policies per day
3 min read23 Aug 2020Completely ban corporate funding of elections: S M Krishna
Veteran politician and former External Affairs Minister S M Krishna has called for a 'complete and total' ban on corporate funding of polls, saying there is a need to end political corruption and cleanse the electoral system in the country
2 min read16 Aug 2020‘Edtech has untapped potential’
The education market in India is massive yet highly under-penetrated, with online learning forming only 2% of this, says Vamsi Krishna, co-founder & CEO, Vedantu
3 min read27 Jul 2020Bharat Biotech’s Krishna Ella faces his biggest challenge
Industry watchers say Ella and Bharat Biotech’s reputation will undergo a severe stress test owing to Covaxin
3 min read7 Jul 2020Economy may shrink in FY21; recovery is uncertain, says CEA Subramanian
CEA Krishnamurthy Subramanian refuses to share the finance ministry’s estimate of contractionRise in covid cases, job losses across sectors and contraction in demand could shrink GDP in the current year
1 min read12 Jun 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared