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 government’s investment promotion agency. “For the
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, an official of the rank of
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 marks the end of a series
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 Iran-aligned Houthis in the Red Sea.
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 could be deterring contracting, yet in
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 for the design and safety specifications
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 served as a pivotal platform for
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 areas, thereby enhancing road infrastructure in
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 two years. In the financial year
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 security concerns. “China is ready but
