India targets $110 billion FDI a year to help boost economy
NEW DELHI : India is aiming to boost annual Foreign Direct Investment by more than 50% to help lift economic growth, according to a top official at the
CBI arrests customs superintendent in Mumbai
MUMBAI : Central Bureau of Investigation (CBI) has arrested a senior official of the Customs for demanding and accepting a bribe of Rs 80,000 from the complaint. The accused,
The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial
SINGAPORE : The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). This
Suez Canal revenue drops as some shippers shun Red Sea
EGYPT : The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by
Dry bulk newbuild contracting fell 34.2%, despite a strong market : BIMCO
LONDON : “During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
TOKYO : ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) regarding a joint study
Piyush Goyal holds meetings with counterparts at G7 Trade Ministers’ meet in Italy
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the G7 Trade Ministers’ meeting held at Villa San Giovanni, Reggio Calabria, Italy. The meeting
Gujarat CM approves Rs 1,740 Cr to strengthen road infrastructure in state’s industrial and quarry
GANDHINAGAR : Gujarat Chief Minister Shri Bhupendra Patel has granted in-principle approval for the allocation of Rs 1,470 crore to upgrade and strengthen roads connecting industrial and quarry
FSSAI rejects import of over 1550 food items on grounds of food safety
NEW DELHI : The Food Safety and Standards Authority of India (FSSAI) has reportedly rejected the import of over 1,550 food products over the course of the last
‘China ready but I want India to do it’: Bangladesh PM Sheikh Hasina on key $1 billion r
DHAKA : Bangladesh Prime Minister Sheikh Hasina said her government would prefer neighboring India execute a $1 billion river development project, a move that would soothe New Delhi’s