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Wheelsets: The Risk That Could Derail India’s Rail Boom
India's railways are a happening sector. The Union Budget 2026-27 has sanctioned seven new high-speed rail corridors at an estimated cost of Rs 16 lakh crore to serve as "growth connectors”. About Rs 28,740 crore has been earmarked for ongoing metro rail and mass rapid transit systems nationwide for FY27, with long-term ambitions to scale to 50....
With India's Fertiliser Manufacturing Stuck In Policy Limbo, Imports Will Keep Rising
The applications exist. Industry sources confirm them. The Fertiliser Association of India references them. Parliamentary committees acknowledge them. But ask for specifics, and the trail goes cold.Multiple applications from PSUs and private entities seeking approval to build fertiliser plants sit somewhere in the bureaucratic apparatus. What's...
Proven KG Basin to Iffy Andaman: A $10 Billion Gamble For Ultra-Deepwater Crude
India's national oil companies are placing a high-stakes bet on the ocean floor that could have the potential to rewrite the country’s energy future, but could also turn out to be the most expensive campaign that didn’t yield results.The companies are pursuing a two-track deepwater strategy ranging from extending proven production in the...
