The Plinth

Proven KG Basin to Iffy Andaman: A $10 Billion Gamble For Ultra-Deepwater Crude

Proven KG Basin to Iffy Andaman: A $10 Billion Gamble For Ultra-Deepwater Crude

With over 88% import dependency, India's state oil companies are investing massively in offshore drilling, balancing safe bets in proven basins against risky frontier exploration.

By Dev Chandrasekhar
Published On 5 Feb 2026 6:00 AM IST

Top Stories

India's Early Trade Pacts Failed. The EU Deal Can't Afford To

India's Asian trade deals produced tripled deficits and endless repair talks. The UK and EU papers put at stake what the old ones never had: a surplus.

By - Dev Chandrasekhar

Published on 24 July 2026 6:00 AM IST

RIL Is Becoming A Platform Company. The Jio IPO Is Just The Beginning

The telecom IPO signals a bigger overhaul of Reliance's structure, capital strategy and long-term growth ambitions.

By - Amritha Pillay

Published on 23 July 2026 6:00 AM IST

EVs, CNG Gain Ground As Indian Buyers Chase Lower Running Costs

EVs, CNG and hybrids accounted for over 40% of India's passenger vehicle sales as buyers prioritised lower ownership costs.

By - Shubhangi Bhatia

Published on 22 July 2026 6:00 AM IST

Domino's India Keeps Opening Stores as Existing Ones Slow

The company says it's playing for market share; analysts say the next two to three quarters will show whether that's still true.

By - Pritha Pahari

Published on 21 July 2026 6:00 AM IST

Latest News

The Promise and Pitfalls of Preventive Testing

The Promise and Pitfalls of Preventive Testing

Indias Early Trade Pacts Failed. The EU Deal Cant Afford To

India's Early Trade Pacts Failed. The EU Deal Can't Afford To

India’s NBFCs Need Better Infrastructure, Not Just Better Lending

India’s NBFCs Need Better Infrastructure, Not Just Better Lending

RIL Is Becoming A Platform Company. The Jio IPO Is Just The Beginning

RIL Is Becoming A Platform Company. The Jio IPO Is Just The Beginning

Core.

Core.