India is poised to establish a National Maritime Domain Awareness Centre (NMDAC) in response to emerging threats in the Indian Ocean Region (IOR). “The primary objective of the NMDAC is to meticulously gather, analyze, and provide actionable intelligence to address maritime challenges such as terrorism, piracy, trafficking, and illegal fishing,” explained a source in the […]
The Central Government on Thursday cut the windfall tax or the special additional excise duty (SAED) on domestically produced crude oil and diesel exports. The windfall tax on crude petroleum produced by companies like the state-owned Oil and Natural Gas Corporation (ONGC) has been reduced to Rs 4,350 from Rs 5,050/tonne as per the previous […]
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