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DOMESTIC SHIPBUILDING
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...
Garden Reach Shipbuilders deliver INS Amini to the Indian Navy, bolstering anti-submarine capabilitiesGarden Reach Shipbuilders and Engineers delivered the Anti-submarine Warfare Shallow Water Craft INS Amini to the Indian Navy on November 5...
GRSE shares jump 9% after signing Rs 32,000 crore Indian Navy contract for five next-generation corvettesGRSE shares surged nearly 9% after securing a Rs 32,000-crore Indian Navy contract to build five Next Generation Corvettes. The nine-year p...
Why Indian Navy is spending Rs 53,000 crore to buy 8 corvettes? How It will help India to defend India's 7000 km coastline from Pakistan to BangladeshIndian Navy will spend Rs 53,866 crore to acquire eight next-generation corvettes part of a wider effort to strengthen coastal defence and ...
Diwali investment picks 2026: 10 fund managers reveal promising opportunities and risks to watchThis Diwali, investment experts advise a strategic approach focused on asset allocation rather than luring high-growth stocks. Sectors like...
Rs 40,000-crore project for 8 next-gen corvettes cleared by Cabinet; GRSE, Goa Shipyard to build warshipsThe Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved a project worth over Rs 40,000 crore to buil...
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
India, HD Hyundai advance plans for $4 billion shipyard in Tamil NaduUnion Minister Sarbananda Sonowal engaged with HD Hyundai's Chairman in Seoul to discuss a significant shipyard project. The proposed USD 4...
Ahead of Market: 10 things that will decide stock market action on WednesdaySensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentiment. Smallcaps surged over 2%, mid...
Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM ShriramIndian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their Se...
Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 poin...
Indian Navy inducts multi-purpose INS Samarthak, a drone mothership and weapons testbed, the first major warship built by a private shipyardSamarthak, the first multi-purpose vessel built by a private shipyard to be commissioned into the Indian Navy, has entered service with mor...
Kamala Harris warns window closing for AI safeguards, urges US-China cooperationKamala Harris has emphasized the urgent need for action from both governments and tech firms to put in place robust safeguards for artifici...
Shipping ministry launches 2 credit risk insurance products for ship building industryThese policies include the Shipbuilding Project Credit Risk Insurance Policy for export projects and the Business Credit Shield Policy for ...
The Andaman Islands could be India's next big trade trump cardIndia is focusing on strengthening the Andaman and Nicobar Islands' strategic maritime role for regional trade. The upcoming Andaman Dialog...
Can America build warships fast enough to match China? Maine shipyard clears Pentagon test to build a second destroyerThe Pentagon has certified General Dynamics Bath Iron Works to construct a second guided-missile destroyer. This decision reflects improvem...
Swan Defence shares rise 4% to hit 52-week high on Rs 1,897 crore tanker order prospectSwan Defence and Heavy Industries shares rose after the company emerged as the lowest bidder for a Rs 1,897 crore order to build four mediu...