2026-10-24
25 · India's Economic Currents: Bank Earnings, AI Investment & Trade Talks
📷 Erik Mclean01📊 Economy
India Opens Up Offshore Oil Hunt: Government to Share Risk
5 min read→
📊 Economy↺ from 24 Oct
India has unveiled new rules for offshore oil and gas exploration, under its 'Samudra Manthan' scheme, committing to share drilling risks with private energy companies. This ₹84,084 crore initiative aims to boost domestic crude production and enhance energy security.
Energy Security→Hydrocarbon Exploration→Public-Private Partnership
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