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India and the United Arab Emirates sealed a major energy partnership with a long-term liquefied natural gas agreement worth more than $2.5 billion, the Emirati government announced on Monday. The deal was signed by ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and Indian oil giant Hindustan Petroleum Corporation Ltd. Under the…
BHOGAPURAM: With more mega airports coming up in India, the country has decided to use a multi-pronged strategy to give a boost to international flights from these upcoming hubs. Instead of just raising bilaterals or flying rights with other countries to have more flights to foreign shores, govt is keen both Indian airports and airlines…
India’s luxury watch market is set for sustained expansion, with annual growth projected at around 11–12 per cent, driven by the rapid rise in the country’s affluent base and growing wealth among high-net-worth individuals (HNIs), according to a report by SOIC Research.As per news agency ANI, the report stated that India is emerging as one…
NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across the country by roughly Rs 3,000 crore annually, the government said on Wednesday.The savings may not lead to reduction in consumer tariffs…
