Cracking Down on Crypto: FIU IND’s Bold Move Against Offshore Virtual Asset Providers

The action taken by the Financial Intelligence Unit India (FIU IND) against nine offshore Virtual Digital Asset Service Providers (VDA SPs) in late December 2023 marks a significant development in the regulatory landscape of virtual assets in India. This move is part of India’s ongoing efforts to establish a more robust framework for monitoring and […]

Optical Revolution: HFCL Lands ₹1,127 Cr Contract to Reimagine BSNL’s Network

In a significant development for India’s telecommunications sector, domestic telecom gear manufacturer HFCL has secured a substantial order worth ₹1,127 Crores from Bharat Sanchar Nigam Limited (BSNL). This order is aimed at transforming BSNL’s Optical Transport Network (OTN) infrastructure across its pan India network. The scope of this project is comprehensive, encompassing the supply, installation, […]

The New Era of Indian Trade: Strategic Shifts in FTA Negotiations

In a pivotal change in its international trade policy, the Indian government is moving away from relying on import duties as a primary source of revenue in Free Trade Agreement (FTA) negotiations. This shift is indicative of India’s evolving stance in response to global economic challenges and opportunities. India-Australia Trade Dynamics The India-Australia Comprehensive Economic […]

Beyond Oil: ONGC Embraces Sustainable Future, Zero Methane by 2030 with Open Collaboration

Oil and Natural Gas Corporation (ONGC), India’s premier oil and gas producer, is spearheading an ambitious environmental initiative aimed at achieving zero methane emissions by 2030. This initiative is part of a broader commitment to environmental stewardship and aligns with global efforts to mitigate the impacts of climate change. Key Aspects of ONGC’s Initiative: Reduction […]