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GOVERNMENT INITIATIVES SHIPPING INDUSTRY
Shipping Corporation of India expects Rs 2,000 crore profit this fiscal: Sarbananda SonowalShipping Corporation of India expects profit after tax to exceed Rs 2,000 crore in FY27, Union Minister Sarbananda Sonowal said Friday. The...- Pak government holds talks with Imran Khan's party to defuse tensions ahead of long march to IslamabadTensions in Pakistan are rising as the federal government and Pakistan Tehreek-e-Insaf party enter dialogue aimed at de-escalation. Central...
- Assam Chief Minister Himanta Biswa Sarma formally launches bicycles made of bambooAssam Chief Minister Himanta Biswa Sarma on Friday launched bicycles made from bamboo. Bamboo India Private Limited has invested approximat...
- FPO-led food exports from Haryana to Canada open new market opportunities for farmersA 24-metric-tonne consignment of frozen food products from Haryana has been exported to Canada by Aterna Foods Producer Company Limited, ma...
- Building global infrastructure: JEY GROUP’s vision for long-term growthAcknowledged for his pivotal role in global maritime investments, Dr. Dattatreya Nagireddy leads JEY GROUP’s mission in creating connected ...
- India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
- In 2019, Kentucky entrepreneur Caleb Ashton started flipping games with $500; 7 years later, his business hit $4 millionWith just a $500 investment, Caleb Ashton launched QuickFlips in 2024, embracing the world of reselling. Specializing in video games, conso...
- Reliance goes ahead with ₹12,000 crore bond issue amid rising borrowing costsReliance Industries is moving forward with its bond issue of ₹12,000 crore, offering a 7.9% coupon rate. In contrast, Sagarmala Finance can...
- Iran's medicines soar in price as US blockade, sanctions squeeze pharmaceutical suppliesMedication prices in Iran have surged drastically due to US sanctions and ongoing conflict, creating significant hardships. Families are st...
- Bengal CM assures Indian Oil of facilitating land for its expansion plan in HaldiaWest Bengal Chief Minister Suvendu Adhikari has assured Indian Oil Corporation of land for its petrochemical complex. The company requires ...
- OpenAI scraps planned October launch of GPT-6.1 Astra over safety concernsOpenAI has decided not to release GPT-6.1 Astra, citing failure to meet safety standards. Internal testing revealed that the model showed i...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
- Great Eastern Shipping rises 3% as Nomura retains Buy; projects up to 28%. Here's whyGreat Eastern Shipping shares rose nearly 3% after Nomura retained its Buy rating and set a Rs 1,965 target, implying 28% upside. The broke...
- India's first port-based e-Methanol production facility to produce and supply green fuel to shipsA new Rs 2,300 crore e-methanol plant will be established in Kandla to produce green fuel. This plant is a partnership between Deendayal Po...
- India's first port-based e-methanol production facility to produce and supply green fuel to shipsPhase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, ...
- In 1934, a luxury cruise ship caught fire off New Jersey hours after its captain died; 137 people were killedOn September 8, 1934, tragedy struck the SS Morro Castle when a fire erupted shortly after the captain was discovered lifeless. The flames ...
- India to set up first port-based e-methanol facility at Kandla for Rs 2,300 crIndia’s first port-based e-methanol plant will be built at Kandla with an investment of ₹2,300 crore. The 150-tonne-per-day facility, a joi...
- At UNGA, India launches maritime safety group to protect ships and seafarersIndia and Liberia have joined forces to establish a 'Group of Friends' dedicated to improving the safety of shipping and seafarers. This ti...
- 'Make in India' belied expectations; pvt investment boom didn't happen, job growth missing: CongressCongress recently claimed that the 'Make in India' initiative has not met its expected outcomes. The party noted that private investment ha...
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