#WATCH | Delhi: Union Petroleum Minister Hardeep Singh Puri says, "We awarded a total of eight contracts to successful bidders in the Special Coal Bed Methane (CBM) Bid Rounds 2025 and 2026. This marks a renewed push in the unconventional gas segment. India's coal bed methane resource base is estimated at around 2,600 billion cubic metres (BCM). We also unveiled the India Hydrocarbon Outlook 2026 today, which provides a strategic map of our policy initiatives and emerging sectoral opportunities. This publication aims to promote transparency and support informed investment decisions."
He further says, "As domestic oil production is concerned, let me tell you that Modi ji's government has done something that no government anywhere in the world has done. We have opened up one million square kilometres of our 3.5 million square kilometres of sedimentary basins. This area of one million square kilometres used to be designated as a no-go area. Today, it is open for exploration. In the previous rounds, up to OALP Round 9, I think around 75 percent of the bids came from this area. Now, with OALP Rounds 10 and 11, I think almost 100 percent of the bids will come from there. As far as 2025–26 is concerned, India's upstream sector recorded one of its most active years in recent decades, with 674 wells drilled, comprising 131 exploratory wells and 543 development wells. This reaffirms our commitment to translating geological potential into productive national assets. I also believe that Modi ji's government has done something that no other government anywhere in the world has done. The Samudra Manthan Yojana involves making government resources of up to ₹84,700 crore available for drilling approximately 150 wells over three years... Overall, in the ongoing OALP Rounds 10 and 11, we have offered more than 2.96 lakh square kilometres of acreage, reflecting the government's commitment to expanding exploration across India's sedimentary basins. When I say that ₹84,700 crore has been made available, what does that mean? It means that the government is incentivising the private sector to invest. All I can say is that, after many years of neglect, we are moving towards a much more intensive and, I believe, successful exploration and production (E&P) phase..."
India’s expressway boom: How new corridors are cutting travel time across major cities
India's nationwide highway expansion is drastically slashing travel times between key urban centers by half or more, according to NHAI data
https://t.co/Plbp8MtQgH
BHAVYA: Creating Investment-Ready Manufacturing Ecosystems
💠Bharat Audyogik Vikas Yojna (BHAVYA) is a ₹33,660 crore initiative to develop 100 plug-and-play industrial parks across India. The parks will provide modern industrial infrastructure, reliable services, and faster approvals, reducing the time needed to set up new industries.
💠The scheme aims to attract investment, support MSMEs, strengthen supply chains, create jobs, and drive industrial growth across regions.
➡️For more details, read: https://t.co/9Gpt6OHjwL
🇮🇳 India does not have a talent problem.
India has an R&D spending problem.
📊 R&D as % of revenue:
🇺🇸 SpaceX: 46%
🇺🇸 Meta: 28.5%
🇺🇸 Nvidia: 8.6%
🇮🇳 HAL: 9.3%
🇮🇳 Dr Reddy's: 7.5%
🇮🇳 Tata Motors: 6.7%
🇮🇳 Sun Pharma: 6.2%
🇮🇳 TCS, Infosys, HCL: ~1%
🇮🇳 Reliance: 0.4%
🇮🇳 Adani Power: ₹1.1 crore in total
🔍 The gap in one line:
➤ Entire BSE 100 R&D (FY24): ₹63,072 crore
➤ Alphabet alone (2025): $61.1 billion
One company outspends India's top 100 by roughly 8x.
⚠️ Why this matters:
➤ Indian firms invest 0.3% of GDP in in-house R&D
➤ World average: 1.5%
➤ We build capacity, others build IP
➤ We export engineers, then import their products
🛠️ What India needs:
➤ Boardrooms treating R&D as an investment, not a cost
➤ R&D-to-sales disclosure made standard for listed companies
➤ Sector benchmarks for autos, pharma, electronics and IT
➤ Industry funding university research, not just hiring from it
➤ Investors rewarding patents and products, not only dividends
✅ Proof it works:
HAL, Dr Reddy's, Sun Pharma and Tata Motors already spend 6% to 9%.
It can be done from India. It is just not being done widely.
Record profits. Record capex.
Now we need record research.
Viksit Bharat will not be built on licensed technology.
Should listed companies be required to disclose R&D as % of sales? 👇
#WATCH | A passenger who was onboard the flight on which Cockroach Janta Party (CJP) Founder Abhijeet Dipke was travelling to Delhi says, "We were travelling from Mumbai. We had to wait even after the flight landed. After the flight landed, we could hear sloganeering of 'Inquilab Zindabad' from the front of the aircraft. I don't know who Dipke is. They must be 'Cockroach' who must be behaving like this; I don't know much...They were on a protest for 36 days earlier. But will they create inconvenience everywhere? Public is inconvenienced due to a few people like this. If the names of people have been wrongfully deleted, Supreme Court will look into it. They (protesters) are not going to look into it. Shut down Courts if public will do everything. There is a system which we follow, shut down that system. If there is a problem, we will protest - will that help?"