NEW DELHI : As many as 746 applications have been approved till November 2023 under the Production Linked Incentive (PLI) schemes for 14 sectors such as pharma, white goods, and electronics, an official statement
MUMBAI : The government has taken the recent drone attack on a ship in the Arabian Sea very seriously, and, whoever carried out the strike will be tracked down and dealt with, Defence Minister
MUMBAI : MV Chem Pluto, (the Liberian flag chemical/oil tanker), carrying 21 Indian and one Vietnamese crew, which was allegedly attacked by a suspected drone on December 23, reached Mumbai and anchored safely at Outer
NEW DELHI : A committee set up by India’s Steel Ministry has rejected the use of ship-breaking steel plates for making TMT bars (rebars) due to non-standardised offerings and the absence of wider data.
NEW DELHI : Union Minister Shri Ashwini Vaishnaw said that Prime Minister Shri Narendra Modi will soon flag off the newly made Amrit Bharat Train which features “push-pull” technology. He highlighted the innovative technology,
SEOUL : South Korean ocean carrier HMM has announced a new general rate increase (GRI) from India to the East Coast of Latin America on its Far East India Latin (FIL) Service. HMM will
MUMBAI : After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the Suez Canal, according to the latest
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line with Egypt, according to a report
WASHINGTON : Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a direct confrontation with
SINGAPORE : Christmas came in more ways than one for the Port of Singapore, as it crossed a landmark in terms of ship arrivals on Monday (Dec 25). It registered a record volume of vessels
