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New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which drove up their 2025-26 spending beyond the target. Capital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Valley Corporation jumped 62% year-on-year to ₹1.10 lakh crore in March, showed the latest Department of Public Enterprises data. The surge ...Read More >
Mumbai, April 7: A major fire broke out in an LHB sleeper coach at the Matunga carshed in Mumbai at around 3:10 pm, triggering an immediate response from the fire brigade. The blaze was brought under control by 4:00 pm, preventing further escalation. Officials confirmed that nearly 70 percent of the upper portion of the coach was burnt in the incident. However, the underslung equipment remained safe. The affected coach was quickly shifted to an open area, ensuring that no other coaches or works ...Read More >
New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
The Mumbai High Asset is one of ONGC's most significant offshore oil fields. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Ten personnel sustained minor injuries in a fire at ONGC's Mumbai High Asset SHP Platform * All injured workers are under medical care and are reported to be in stable condition * Operations at the offshore installation have returned to normal following the incident Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Ten personnel su ...Read More >
Mumbai: A major fire broke out on April 6 near Bajrangi Chowk in Juhu Koliwada, leaving one person injured. Visuals showed dramatic firefighting operations as the fire reportedly took place in the narrow lanes. Visuals also showed thick black billowing from the area. Currently, the cause of the fire is unknown. A video of the incident was shared by Bandra Buzz on Instagram. The visuals showed the fire occurred near a chawl in Juhu Koliwada, as the footage showed fire engines stationed on the ro ...Read More >
Jaipur, Apr 5 (PTI) Amid heightened geopolitical tensions and uncertainty in global oil markets, Oil India Ltd has significantly ramped up crude production from Rajasthan's Thar desert, achieving a record output of 1,202 barrels per day from the Jodhpur sandstone formation, officials said. The state-run company has increased production by around 70 per cent compared to last year's 705 barrels per day, marking a major milestone in efforts to boost domestic output and strengthen energy security. ...Read More >
New Delhi, Apr 5 (PTI) The Congress on Sunday launched a scathing attack on Prime Minister Narendra Modi over the proposal to increase Lok Sabha seats, saying he is "bulldozing" the move that will work more to the benefit of larger and populous states and is nothing but a "Weapon of Mass Distraction (WMD)". The opposition party also alleged that the prime minister is "hoodwinking" the people of the country and is making misleading statements that are meant to deceive. In a post on X, Congress ...Read More >
Jaipur: Amid heightened geopolitical tensions and uncertainty in global oil markets, Oil India Ltd has significantly ramped up crude production from Rajasthan's Thar desert, achieving a record output of 1,202 barrels per day from the Jodhpur sandstone formation, officials said.The state-run company has increased production by around 70 per cent compared to last year's 705 barrels per day, marking a major milestone in efforts to boost domestic output and strengthen energy security. Officials sai ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): A fire broke out at ONGC's SHP Platform, part of the Mumbai High Asset, at approximately 5:45 PM on Friday. According to ONGC, 10 personnel sustained minor injuries due to the incident. Also Read | MK Stalin Slams CBSE Curriculum Over 'Linguistic Imposition', Accuses Centre of Prioritising Hindi Over Regional Languages. The injured are currently under medical care and remain in stable condition. The situation was promptly brought under control, an ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): A fire broke out at ONGC's SHP Platform, part of the Mumbai High Asset, at approximately 5:45 PM on Friday. According to ONGC, 10 personnel sustained minor injuries due to the incident. The injured are currently under medical care and remain in stable condition. The situation was promptly brought under control, and the blaze was extinguished. Operations have since returned to normal in the company. Further details are awaited. (ANI) ...Read More >
Mumbai News LIVE Updates: Fire breaks out at ONGC Mumbai High platform, 10 injured Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. The company confirmed that 10 personnel were injured in the incident and are currently undergoing medical treatment. (ANI) ...Read More >
Mumbai: A fire broke out at an offshore installation operated by Oil and Natural Gas Corporation in Mumbai High on Friday evening, leaving 10 personnel with minor injuries. The incident occurred around 5:45 pm at the SHP platform, part of the company's Mumbai High Asset. In an official statement, ONGC said emergency response teams were immediately mobilised and the fire was swiftly brought under control. "A fire incident was reported at approximately 17:45 at ONGC's SHP Platform, Mumbai High As ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. In a post on X, the company said the fire broke out at around 5:45 PM at the ONGC's Mumbai High oilfield platform. Emergency response measures were immediately activated, ensuring that the situation ...Read More >
Mumbai (Maharashtra) [India], April 4 (ANI): Oil and Natural Gas Corporation (ONGC) on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under control and operations were normalised. In a post on X, the company said the fire broke out at around 5:45 PM at the ONGC's Mumbai High oilfield platform. Emergency response measures were immediately activated, ensuring that the situation ...Read More >
New Delhi [India], April 2 (ANI): Sukanta Majumdar, the Union Minister of State for Education and Development of North Eastern Region, condemned the crisis in Malda, where seven judicial officers were detained following protests over voter deletions under the ongoing SIR process. Criticising the recent violence, Majumdar asserted that Chief Minister Mamata Banerjee's statements are responsible for the prevailing volatile situation on the ground. Also Read | Indian Stock Market Crash: Sensex Fa ...Read More >
(RTTNews) - Indian shares opened on a strong note Wednesday after U.S. President Trump said the U.S. could end its Iran military campaign within 2-3 weeks, claiming that Washington had already achieved its core objectives of hobbling Iran's nuclear ambitions and bringing a regime change in the country. Asserting that Tehran no longer possessed functional defense infrastructure, Trump claimed that the U.S. "will not have anything to do with" what happens next in the Strait of Hormuz and that oth ...Read More >
New Delhi: The government has raised the administered price mechanism (APM) gas price for state-run producers like state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) to $7 per mmBtu, up from $6.75 per mmBtu. The revision follows the pricing mechanism that the government had approved in 2023, according to an official notification. The revision applies to gas produced from legacy fields under the regulated pricing regime. APM gas makes up for about 60 per cent of the d ...Read More >
Petroleum minister Hardeep Singh Puri said the move reflects a renewed push to unlock domestic resources. "With OALP Round-XI now live, we unlock vast frontiers beneath our land and seas -- powering growth, resilience, and self-reliance," he said. India on Monday opened up 21 oil and gas blocks covering 80,228 square kilometres under a fresh exploration round, even as state-run Oil And Natural Gas Corporation has started gas production from a key offshore project, marking a twin push to boost d ...Read More >
If SEZ exports remain exempt, Reliance's refining margins would be largely insulated from the new levies, preserving the competitiveness of its export-oriented operations, it said New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries' SEZ refinery remains the key uncertainty, following India's fuel duty overhaul, with significant implications for refining margins and government revenues, according to analysts. Under the re ...Read More >
Gas production to ramp up as India aims to boost domestic output State-run Oil and Natural Gas Corporation on March 29 successfully commissioned commercial supply of gas from Platform B-12-24P, part of the Daman Upside Development Project (DUDP), in the Arabian Sea, the company said on March 30. The project located about 180 km north west of Mumbai and about 80 km south of Pipavav, Gujarat, incurred a capex of about $1 billion. "This platform has been successfully commissioned, and gas sent t ...Read More >
New Delhi, Mar 30 (PTI) State-owned Oil and Natural Gas Corporation (ONGC) has commenced gas production from its Daman Upside Development Project in the Arabian Sea, strengthening India's domestic energy supply amid global disruptions. In a regulatory filing, the firm said the project, located about 180 kms north-west of Mumbai and about 80 kms south of Pipavav, Gujarat, "achieved a significant milestone on March 29 by monetisation through flowing gas from Platform B-12-24P". "This platform ha ...Read More >
S&P Global Ratings warns that rising crude oil prices and potential government intervention could squeeze the profit margins of Indian oil marketing companies like IOC, BPCL, and HPCL, impacting consumers and the energy sector. Illustration: Uttam Ghosh Key Points * S&P Global Ratings predicts potential margin squeeze for Indian oil marketing companies due to rising crude oil prices. * Geopolitical tensions and the Strait of Hormuz closure contribute to crude oil price volatility, impacting ...Read More >
New Delhi: India plans to require all liquefied natural gas (LNG) import terminals to build 10% extra storage capacity, which the government can tap during supply or price shocks. The oil ministry has issued a draft proposal to amend registration rules for LNG terminals under the Petroleum and Natural Gas Regulatory Board (PNGRB). "An entity seeking registration to operate LNG terminal... shall also have a credible plan for maintaining the storage capacity for LNG," the ministry has proposed i ...Read More >
Jaipur, Oct 26 (PTI) India urgently requires significant hydrocarbon discoveries to meet its future energy needs, said Secretary of Union Petroleum and Natural Gas Ministry, Pankaj Jain, on Sunday. Addressing the 15th Biennial International Conference of the Society of Petroleum Geophysicists here, Jain said the country must pursue bold, time-bound exploration strategies aligned with the National Deepwater Mission to achieve energy self-reliance. "One day, we will be looking at a situation whe ...Read More >
New Delhi, October 22, 2025 -- Oil and Natural Gas Corporation (ONGC), India's premier energy company, has announced the launch of its Apprenticeship Program for 2025 under the Apprentices Act, 1961. This nationwide initiative aims to equip India's youth with practical skills and real-world experience at the core of the country's energy sector. Total Vacancies: 2,623 apprentice positions Application Deadline: November 6, 2025 Result Announcement: November 26, 2025 The program will offer hand ...Read More >
New Delhi: NTPC Green Energy Limited (NGEL), the renewable energy arm of India's largest power utility, NTPC Limited, announced today the commissioning of a new solar power capacity in Bhuj, Gujarat. A part capacity of 12.5 MW of the solar project has been declared commercially operational (COD) with effect from October 17, 2025. The commissioning marks a significant milestone for the power giant, as the new capacity increases the NTPC Group's total installed and commercial capacity to 83,906 M ...Read More >
Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >
New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. Also Read | OnePlus 15, OnePlus Ace 6 Launch Expected in China on Octobe ...Read More >
PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coa ...Read More >
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