ONGC Starts Gas Production from $1B Daman Project

India's Oil and Natural Gas Corporation (ONGC) has initiated gas production from its $1 billion Daman offshore project in the Arabian Sea, boosting domestic energy supply and reducing import dependency.

Vedanta Moves SC Over Adani's JAL Takeover

Vedanta Group has filed a plea in the Supreme Court challenging the proposed takeover of Jaiprakash Associates Ltd by Adani Enterprises, claiming it was the highest bidder unfairly rejected by lenders.

Small Savings Rates Unchanged for April-June 2026 Quarter

The Finance Ministry has announced that interest rates for all small savings schemes, including PPF, SSY, SCSS, and NSC, will remain unchanged for the first quarter of FY 2026-27. This marks an extended period of stability in these rates.

Japan Makes Fuel from Air, But Project Pauses Over Costs

Japan's ENEOS Corporation successfully produced synthetic fuel from captured CO2 and hydrogen, a breakthrough for decarbonizing hard-to-electrify sectors. However, the project was paused due to high costs and scaling challenges, reflecting global economic

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