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Russia announce key oil deal with India’s IOC

Aiming to ramp up sales of oil to India, Russia's energy giant Rosneft announced a deal on Wednesday. The move comes at a time where Moscow is looking for new buyers.

US Senate introduces bill to reform H-1B and L-1 visa programmes

The US Senate has introduced a bipartisan legislation to regulate the H-1B and L-1 visa programmes for more transparency in the recruitment of international workers.

India’s SME taking tech first approach

According to the report called “India’s Tech SMEs: Rising in the Global Digital Arena”, SMEs are taking tech-first approach to tackle tough challenges & increasingly offering digital solutions globally.

India’s Renewable sector offers US$ 25 billion investment opportunity

India’s renewable sector is set to observe a drastic change over this decade since multiple investments in energy transition segment are expected.

MeitY sets up task force to make India a manufacturing nation

The Ministry of Electronics and Information Technology (MeitY) has formed a nine-member task force to make India a ‘product developer and manufacturing nation’.

India’s oil companies to set up 7,432 EV charging stations

In a big boost to India's electric vehicle infrastructure, domestic public sector undertaking oil companies will soon be setting up 7,432 EV charging stations.

Power ministry seeks feedback on carbon trading scheme

Power Ministry has issued a draft namely "Carbon Credit Trading Scheme" on Monday, seeking feedback from concerned stakeholders to set up a framework for Indian carbon market. 

Consumers spending less on FMCG due to inflation

A study has found that Indian households consumed less daily groceries and household essentials in January 2023 incomparison to the same period last year.

15% hike on import duty of X-ray machines

According to amendments to the Finance Bill 2023, there will be 15% hike in import duty of X-ray machines, starting April 1, 2023.

IOCL to setup petrochemical complex at Paradip

Indian Oil Corporation Limited (IOCL), leader of the oil and gas industry in the Indian market, has announced a mega investment project in Paradip, Odisha.

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