Essar Oil & Gas expands CBM footprint with five new blocks across three states

IANS | October 15, 2026 4:19 PM

New Delhi, Oct 15 (IANS) Essar Oil & Gas Ltd. (formerly known as Essar Oil and Gas Exploration and Production Ltd. or EOGEPL), one of India’s leading Coal Bed Methane (CBM) producers, has been awarded five new CBM blocks through the Government of India’s Special CBM (SCBM) Bid Rounds 2025 and 2026.

Nepal, World Bank explore 'catastrophe bond' to protect against disaster risks

IANS | October 15, 2026 4:04 PM

Kathmandu, Oct 15 (IANS) Nepal and the International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, have signed a mandate agreement to explore the development of a catastrophe bond that could help the Himalayan nation secure rapid access to funds in the event of a major natural disaster.

Rupee to remain in appreciating mode despite global volatility: Report

IANS | October 15, 2026 3:55 PM

New Delhi, Oct 15 (IANS) The Indian rupee is likely to remain in an appreciating territory even as global markets remain engulfed in turbulence, while the government and the Reserve Bank of India (RBI) may need to consider further policy steps to shore up resilience, a report said on Thursday.

SC upholds Bombay HC order quashing Yes Bank AT1 bond write-down

IANS | October 15, 2026 3:14 PM

New Delhi, Oct 15 (IANS) The Supreme Court on Thursday upheld a Bombay High Court ruling that had invalidated the write-down of Yes Bank's Additional Tier-1 (AT1) bonds, delivering a major boost to investors affected by the lender's 2020 rescue exercise.