VOC Port’s Rs 7056 Cr outer harbour box terminal gets PPPAC nod
THOOTHUKUDI : Union Government-owned V O Chidambaranar Port Authority located in Tamil Nadu’s Thoothukudi district has secured backing from the Public-Private-Partnership Appraisal Committee (PPPAC) to build a 4 million twenty-foot equivalent units (TEUs) capacity
DRI celebrates 66th Founding Day in Gandhinagar
GANDHINAGAR : The Directorate of Revenue Intelligence (DRI), the apex anti-smuggling agency of the Central Board of Indirect Taxes & Customs (CBIC), celebrated its 66th Foundation Day at Gift City Club, Gandhinagar, Gujarat. In her
Finance Ministry may assume nominal GDP growth at 11% for FY25
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher than the estimate for 2023-24, a
FM Sitharaman admits Israel-Hamas war poses challenge to plan for India-Middle East-Europe corridor
NEW DELHI : Finance Minister Smt Nirmala Sitharaman admitted on Wednesday that the Israel-Hamas war poses a challenge to the proposed India-Middle East-Europe Connectivity Corridor (IMEC) which is aimed at improving connectivity and cutting
Maritime India on the move with govt backing: FM
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Wednesday laid out the government’s plans to “position India as a hub in new and diversified supply and value chains across the Indo-Pacific” with the
India signs pact with ADB for $400-million loan to support urban reforms
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to create high-quality urban infrastructure, improve service
Govt to increase customs duty on fishing vessels, tugs/pusher crafts and light vessels
NEW DELHI : In a bid to give impetus to Aatmnirbharbharat in the maritime sector, finance ministry is likely to raise basic customs duty (BCD) on fishing vessels, tugs and pusher crafts and light
Global uncertainties prompting shift to bilateral agreements : Nirmala Sitharaman
COLOMBO : Finance Minister Smt Nirmala Sitharaman, on November 1, said that there is a greater interest in the world now to forge regional and bilateral arrangements so that countries can protect their domestic