‘Samudra Manthan’ to help India cut long-term dependence on oil and gas imports: Ministry

IANS | August 1, 2026 10:40 AM

New Delhi, Aug 1 (IANS) By creating a robust offshore exploration ecosystem through better data, risk-sharing, common infrastructure and domestic manufacturing capabilities, the ‘Samudra Manthan’ scheme will enable India to build national capability in deepwater exploration and production, strengthen our energy-security resilience, and reduce our long-term dependence on imports, Petroleum Ministry said on Saturday.

SEBI bars Punit Goenka, Subhash Chandra from securities markets for a year

IANS | August 1, 2026 10:29 AM

Mumbai, Aug 1 (IANS) Market regulator SEBI has barred Zee Entertainment Enterprises Ltd (ZEEL) and two of its top executives, Punit Goenka and Subhash Chandra, from the securities market after finding that ZEEL’s Hyderabad land was mortgaged against loans availed by Essel Group entities without necessary corporate approvals.

UPI transactions register 22 pc growth in July, value hits Rs 29.88 lakh crore

IANS | August 1, 2026 9:35 AM

New Delhi, Aug 1 (IANS) The Unified Payments Interface (UPI) transaction volumes rose 22 per cent (year-on-year) to 23.66 billion in July, while UPI transaction value surged 19 per cent to Rs 29.88 lakh crore last month, according to data released by the National Payments Corporation of India (NPCI) on Saturday.

OMCs cut commercial LPG cylinder prices by over Rs 200

IANS | August 1, 2026 9:21 AM

New Delhi, Aug 1 (IANS) State-owned oil marketing companies (OMCs) on Saturday reduced the price of 19-kg commercial LPG cylinders by over Rs 200 across major cities, providing relief to restaurants, hotels and other commercial establishments that depend on the fuel for cooking.

Adani Group Chairman donates Rs 11 crore to Assam Flood Relief Fund: CM Sarma

IANS | July 31, 2026 9:23 PM

Guwahati, July 31 (IANS) Adani Group Chairman Gautam Adani has contributed Rs 11 crore to the Assam Chief Minister's Relief Fund to support relief and rehabilitation efforts for people affected by the devastating floods that have hit several parts of the state, Chief Minister Himanta Biswa Sarma said on Friday.