Larsen and Toubro’s onshore vertical secured the significant contract that will see the construction of a flexible integrated petrochemical facility for BPCL.
Year: 2026
Centre Targets Construction of Over 26000 km of Rural Roads in FY2027
The government reviewed progress with state governments as part of the PM Gram Sadak Yojana scheme aimed at connecting remote villages with all-weather roads.
India’s C&I Energy Storage Market to Expand to 22-31 GWh by 2032
Rising electricity tariffs renewable integration and corporate sustainability goals are expected to drive rapid expansion of commercial and industrial battery storage.
Coal Gasification Push: 35 Plus Companies Set to Start Activities in India Within Two Months
Union Minister G. Kishan Reddy said India is ramping up coal gasification as part of its energy transition with dozens of firms already lined up to begin operations.
India-EU Trade Deal: Luxury Cars and Wines from EU to Become Cheaper for Indian Consumers
The comprehensive trade agreement includes concessions that will reduce import duties on premium European consumer goods including automobiles and alcoholic beverages.
India’s Crude Oil Imports from Russia Hit 2.66 Million Barrels Per Day in June
India continues to be one of the largest buyers of discounted Russian crude with June volumes significantly above May’s 1.91 million bpd.
RBI Monetary Policy Committee Meeting Minutes: Inflation and Growth Risks Flagged
Members of the Reserve Bank’s policy committee highlighted rising inflation risks from the West Asia crisis and uncertainty about near-term growth trajectory.
India-EU Free Trade Agreement: 93% of Indian Exports to Enjoy Duty-Free EU Access
Under the landmark India-EU FTA nearly all Indian goods will enter the European single market without tariffs while EU luxury cars and wines will get cheaper in India.
Reliance Jio IPO Plans Advance and May Reshape India’s Telecom Sector
Analysts say the Jio public offering will be a landmark event that could drive satcom competition and force a re-rating of the broader Reliance Industries stock.
Iran Oil Sector Faces Reconstruction as US Temporarily Lifts Select Sanctions
With preliminary nuclear deal terms agreed analysts forecast cautious investment in Iranian energy if inspections and compliance milestones are met.