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PORT TRUSTS ACT
ED files case, carries out searches in 2017 Tamil Nadu polytechnic teacher hiring 'fraud'The Enforcement Directorate has launched a money laundering investigation into a 2017 Tamil Nadu government teacher recruitment scam. Searc...- Premium family SUVs that offer comfort without luxury pricingIndian families are increasingly opting for SUVs, with a growing 'premium plus' segment offering luxury features without the hefty price ta...
- Quote of the day by Jean-Paul Sartre: ‘It is quite a task to start loving somebody. You have to have energy, generosity, and blindness’ - French philosopher on why love is a complex feelingFrench philosopher Jean-Paul Sartre believed love demands energy, generosity, and blindness. His novel Nausea explored existential dread an...
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
- ‘Tehran said goodbye to “must” 47 years ago’: Iran rejects Trump’s claims of imminent dealIran stated no final ceasefire understanding has been reached, rejecting external pressure and asserting self-determination. This follows U...
- A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
- SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
- Trump warns Iran better 'get smart soon' and accept nuclear dealPentagon chief Pete Hegseth was due to testify before Congress later in the day, but US press reports suggested Trump has already decided t...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- Bill to provide more autonomy to major ports introduced in Lok SabhaIt proposes to set up Board of Port Authority for each major port, in place of the Board of Trustees. "This will empower the major ports to...
- Cabinet approves Major Port Authorities Bill, 2016The bill also proposes to introduce the concept of internal audit of the functions and activities of the central ports on the lines of Comp...
- Central Port Authorities Act to replace Major Port Trust ActThe need for Government approvals for raising loans, appointment of consultants , execution of contracts and creation of service posts have...
- Government initiates steps aimed at corporatisation of major portsThe move is aimed at infusing professionalism in the major ports in order to make them compete with private sector ports and empower financ...
- Corporate touch to get ports into ship shapeIndia is readying a blueprint to corporatise its major ports to infuse professionalism and efficiency in their functioning.
- Ennore Port to award Rs 151-cr contract to build cargo berthLast year too the port had planned to raise Rs 1000 crore but the offer hardly attracted any response. This year, however, Ennore is placin...
- BJP protests against KoPT inaction into 'irregularities'The West Bengal unit of BJP today protested against the inaction of Kolkata Port Trust (KoPT) into the alleged irregularities.
- Naveen opposes Indian Ports Bill, seeks support of all maritime statesThe union government's proposal to come out with the Indian Ports Bill for replacing the extant Indian Port Act faces opposition.
- Shipping Min ready with draft of proposed new Ports ActThe Ministry of Shipping has prepared a draft of a proposed new Ports Act amalgamating the existing two statutes.
- Corporatise PortsGiven the scale and complexity of ports, the old port trusts no longer suffice.
- Shipping ministry plans to merge existing port legislations into a consolidated actIf the legislation is enacted, both the existing Indian Ports Act 1908 as well as Major Ports Act, 1963 will stand repealed.
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