India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue &
Hijacked ship MV Abdullah released after $5 million ransom payment to Somali pirates
GULF OF ADEN : Somali pirates released a hijacked ship, MV Abdullah, early on Sunday after a $5 million ransom was paid, according to two pirates. “The money
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
MoRTH plans at record ₹60,000 crore monetization in FY25
NEW DELHI : The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record ₹60,000 crore from monetization in the current fiscal, two people aware
Indian Railways’ DFC : 18-year mission on track
NEW DELHI : Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the
APSEZ intends to invest ₹1,689 Crore for ship leasing firm in Gift City
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of ₹1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step-down subsidiary
Cochin Port waives bunkering service charges for three more years
KOCHI : Cochin Port Authority has extended the “waiver of port charges for a further period of three years” for ships calling at outer anchorage of the port
Petregaz India commissions its Rs 600 cr LPG import and storage terminal
NELLORE : Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of
CBI registers case against Megha Engineering & Infrastructure for corruption in Rs 315 Cr NISP
NEW DELHI : The Central Bureau of Investigation (CBI) on April 11 registered a case against Megha Engineering and Infrastructure Ltd, along with eight officers from NMDC Iron
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as