In an apparent retaliation to India’s decision to cut crude imports from Iran, Tehran has signed a basic agreement with Russia’s state-owned energy giant Gazprom for development of the Farzad-B gas field, discovered by a consortium of Indian companies.
Praj Industries on Sunday announced the opening of India’s first integrated bio-refinery for renewable fuels and chemicals which will use a variety of agricultural residues to produce a variety of products.
The union cabinet chaired by Prime Minister Narendra Modi on Wednesday gave ex-post facto approval to the memorandum of understanding (MoU) on a third line of credit of $4.5 billion to Bangladesh for implementation of development projects.
The Chenani-Nashri tunnel on the Jammu-Srinagar National Highway, which Prime Minister Narendra Modi will dedicate to the nation on Sunday, is the India’s first and the world’s sixth tunnel to have a transverse ventilation system, providing fresh air to motorists.
South Korean steelmaker Posco has finally scrapped its long-delayed steel project in India and asked the Odisha state government to take back the land allotted for its $12-billion steel project.