Search result for 'marine'

India's Export Growth Slowed in June: Logistics Disruptions

July 15, 2024 19:35

Logistics disruptions, including container shortages and irregular shipping schedules, impacted India's export growth in June, according to FIEO. Despite this, exports rose 2.56% to USD 35.2 billion.

India Aims to Boost Exports to Russia, Targets USD 100 Billion Trade

July 15, 2024 19:05

India is focusing on various sectors like electronics and removing trade barriers to increase exports to Russia, aiming for USD 100 billion annual trade by 2030.

Insurance Act Amendment Bill: Key Provisions & Impact

July 14, 2024 13:01

India's government is set to introduce an amendment bill to the Insurance Act, 1938, with provisions like composite licenses and eased capital norms, aiming to increase insurance penetration and...

India Sends First Food Shipment to Maldives' Addu

July 13, 2024 17:02

India's first shipment of 150 tonnes of perishable food items has arrived in Addu, Maldives, marking a new chapter in logistics and reducing import costs for southern atolls.

Kerala Unveils AI Policy: Incentives, Cluster & Investment

July 12, 2024 19:51

Kerala launches ambitious AI initiatives, including a dedicated policy, cluster development, and investment incentives to become a global AI hub. Learn more.

Ashwin Sheth Group to Invest Rs 5,000 Cr, Launch IPO in 2 Years

July 9, 2024 13:19

Ashwin Sheth Group announces Rs 5,000 crore investment to expand real estate business, plans to launch IPO in 18-24 months. The company aims to double sales bookings and enter new markets.

Piramal, Others Exit Archean Chemical, Sell 10% Stake for Rs 822 Cr

June 27, 2024 21:33

Piramal Natural Resources, India Resurgence Fund, and others exit Archean Chemical Industries, selling their 10% stake for Rs 822 crore through open market transactions.

France Election: Costly Pledges Risk Debt Crisis

June 24, 2024 13:00

French election promises to cut taxes and boost spending raise concerns about debt and economic instability. Economists warn of potential impact on French bonds and EU relations.

Hindustan Zinc & AEsir Partner for Next-Gen Zinc Batteries

June 21, 2024 14:01

Hindustan Zinc teams up with AEsir Technologies to develop advanced zinc batteries for energy storage, emphasizing sustainability and cost-effectiveness.

Offshore Wind Farms: Growing Seafood & Seaweed

June 21, 2024 13:06

Researchers are exploring dual-use offshore wind farms, growing seafood and seaweed beneath turbines in the Baltic Sea. This innovative approach could help meet food demands and enhance ocean health.

EU criticises France for excessive debt, putting pressure on Macron during election campaign

June 19, 2024 17:08

The EU Commission has criticized France for its high debt levels, putting pressure on President Macron ahead of the upcoming elections. The move comes as Macron faces stiff competition from both...

EU Criticises France Over Debt Spending Ahead of Elections

June 19, 2024 15:24

The EU Commission has criticised France for excessive debt spending, a move that comes at a crucial time for President Macron's re-election campaign. Read more.

India's seafood exports up in volume terms; dip in value in 2023-24: Commerce min

June 19, 2024 14:51

India's seafood exports saw a 3% volume increase but an 8% value decline in 2023-24. Frozen shrimp remained the top export, with the US being the largest importer.

Sonar Project: CFF & Atlas Elektronik Partner for Indigenous Systems

June 13, 2024 20:48

CFF Fluid Control Ltd and Atlas Elektronik GmbH partner to deliver 12 indigenous low-frequency variable depth sonar systems for the Indian Navy's ASW vessels, supporting India's self-reliance goals.

Cognizant Acquires Belcan for $1.3 Billion: Aerospace & Defense Expansion

June 11, 2024 15:45

Cognizant acquires Belcan for $1.3 billion, expanding into aerospace and defense. The deal aims to boost Cognizant's ER&D services and revenue, with Belcan's expertise complementing Cognizant's...

Jupiter Electric Mobility Gets ARAI Approval for Battery-operated LCVs

May 31, 2024 14:02

Jupiter Electric Mobility receives ARAI approval for its battery-operated light commercial vehicles, launching JEM TEZ, a 1-ton EV with a 127 km range and rapid charging.

Mumbai Skyscrapers: 154 High-Rises, 207 Under Construction

May 30, 2024 15:41

Mumbai's skyline is changing with 154 skyscrapers already built and 207 more under construction. Anarock reveals the city's high-rise development strategy.

Gold & Silver Jewellery Export Norms Revised: Industry Disappointed

May 27, 2024 22:38

India's government has revised the wastage and input-output norms for gold & silver jewellery exports. The industry expresses disappointment as they were not consulted.

India's Marine Exports Drop 9% in 2023-24: Details

May 27, 2024 19:11

India's marine product exports fell to USD 7.37 billion in 2023-24 due to slowdown in US & Europe. Despite this, exporters expect growth in 2024-25.

Cochin Shipyard Wins EUR 60 Million Order for Hybrid SOVs

May 27, 2024 16:07

Cochin Shipyard secures a major contract from North Star Shipping for the construction of hybrid Service Operation Vessels (SOVs) for a Scottish offshore wind farm.

Go Digit Shares Debut with 5% Premium

May 23, 2024 10:57

Go Digit General Insurance shares listed on Thursday with a premium of over 5% against the issue price. The stock opened at Rs 281.10 and reached a high of Rs 303.

Balu Forge Acquires Forging Lines: 72,000 Tonnes Capacity

May 22, 2024 15:48

Balu Forge Industries Ltd (BFIL) acquires three forging lines with a combined capacity of 72,000 tonnes annually, expanding its heavy forged product production.

Go Digit Insurance IPO Subscribed 9.6 Times

May 17, 2024 20:32

Go Digit General Insurance IPO, backed by Fairfax, was subscribed 9.6 times on the final day. The IPO raised over Rs 1,176 crore from anchor investors. Learn more.

Synergy Marine: Crew of Dali Container Ship in Good Health

May 17, 2024 20:02

Synergy Marine Group assures the well-being of the crew of its container ship Dali, involved in a Baltimore bridge incident, and is working to address their needs.

Go Digit General Insurance IPO Subscribed 79% on Day 2

May 16, 2024 18:15

Go Digit General Insurance IPO receives 79% subscription on day 2, with retail investors showing strong interest. The IPO closes on Friday.

Go Digit General Insurance IPO Subscribed 36% on Day 1

May 15, 2024 17:43

Go Digit General Insurance IPO received 36% subscription on Day 1, with retail investors showing strong interest. The IPO, which closes on Friday, aims to raise Rs 2,615 crore.

BFIL Q4 Profit Surges 86% to Rs 28 Crore

May 15, 2024 14:16

Balu Forge Industries Limited (BFIL) reported an 86% rise in consolidated profit after tax for Q4 FY24, reaching Rs 28.28 crore. Revenue also increased significantly.

Go Digit IPO Opens: Rs 1,176 Cr Raised from Anchor Investors

May 15, 2024 12:52

Go Digit General Insurance's Rs 2,615 crore IPO opens for subscription. The company raised over Rs 1,176 crore from anchor investors, including Fidelity, Goldman Sachs, and Abu Dhabi Investment...

Greece & Turkey Talks: Improving Relations

May 13, 2024 19:36

Greece and Turkey's leaders meet in Ankara to discuss normalisation and ease decades-long disputes, including territorial claims and energy rights.

India's USD 1 Trillion Export Target: Infrastructure Assessment

May 12, 2024 13:09

India aims to double its merchandise exports by 2030, reaching USD 1 trillion. An ADB study is underway to assess infrastructure needs and identify key industry clusters. The report, expected by...

Turkiye & Greece: Testing Friendship Amidst Conflicts

May 12, 2024 10:22

Turkiye and Greece, historic rivals, aim to improve relations with Prime Minister Mitsotakis's visit to Ankara. The two NATO members will focus on trade, energy, and cultural ties while navigating...

Go Digit IPO: Price Band Set at Rs 258-272/share, Opens May 15

May 10, 2024 12:32

Go Digit General Insurance, backed by Fairfax, sets IPO price band at Rs 258-272 per share. The IPO opens on May 15 and aims to raise Rs 2,615 crore.

Go Digit IPO: Fairfax-backed Insurer to Launch on May 15

May 9, 2024 12:50

Go Digit General Insurance, backed by Fairfax Group, is set to launch its IPO on May 15. The IPO will consist of fresh issuance and an Offer For Sale (OFS) by existing shareholders.

Jupiter Wagons Q4 Profit Surges to Rs 104 Crore

May 8, 2024 14:32

Jupiter Wagons' net profit more than doubled in Q4 FY23, reaching Rs 104.22 crore on higher revenue. The company also secured a Rs 100 crore order for double-decker wagons.

Heavy Metal Contamination in Kochi Fish: Health Risks & Study Findings

May 3, 2024 12:23

A new study reveals heavy metal contamination in fish from Kochi backwaters, posing health risks to consumers. Cadmium levels are particularly concerning, with potential carcinogenic effects. The...

Russian Firms Approved for Tanker Insurance in India

April 29, 2024 20:26

Three Russian companies get Indian government approval to provide marine insurance cover to tankers transporting Russian crude oil, facilitating continued trade amidst EU sanctions.

Russian Firms Get Approval for Tanker Insurance in India

April 29, 2024 18:01

Three Russian companies receive approval from the Indian government to provide marine insurance cover to tankers, facilitating Russian crude oil imports amid EU sanctions.

Green Hydrogen Fuel Cell Vessels Pilot in Varanasi - NW-I

April 26, 2024 18:22

Varanasi selected for green hydrogen fuel cell inland vessel pilot on National Waterways-I, aligning with Harit Nauka guidelines. Discussions underway for bunkering facilities.

2G Judgement Unchanged: Spectrum Allocation for Defence & Satellite Use Only

April 24, 2024 16:13

India's government clarifies it's not seeking to overturn the 2G judgment, but will allocate spectrum for specific sectors like defence and satellite communication without auction. This move aims...

2G Judgment Unchanged: Non-Auction Spectrum for Defence, Satellite Use

April 24, 2024 14:04

India's government clarifies that the 2012 Supreme Court ruling on spectrum allocation remains, with non-auction allocations only for specific sectors like defence and satellite communication.

India Market Access Improves for US Farmers: USTR

April 18, 2024 10:42

US Trade Representative Katherine Tai tells lawmakers that India has opened its market to American farming in 12 categories, providing opportunities for US exporters. This follows the removal of...

India's Exports Dip in March, FY24 Trade Data

April 15, 2024 20:04

India's merchandise exports declined marginally in March, with FY24 exports down 3.11%. Trade deficit narrowed due to lower imports, but gold imports surged.

Shipping Industry Faces Challenges Amid West Asia Tensions

April 15, 2024 13:18

Experts warn of disruptions to global shipping and supply chains following Iranian attacks on Israel, potentially impacting trade routes and raising shipping costs.

India's Shrimp Exports: Robust Safety, Rs 1 Lakh Cr Target

April 3, 2024 19:25

Indian shrimp exporters follow strict regulatory and safety standards, aiming for Rs 1 lakh crore seafood exports in the next two years. The industry debunks reports of poor conditions.

Singapore Raises Minimum Salary for Foreign Workers

March 5, 2024 07:59

Singapore increases minimum qualifying salary for Employment Pass (EP) holders to SGD 5,600 from January 2025, with higher thresholds for financial services and mid-career professionals. This move...

Go Digit IPO: Fairfax-Backed Insurer Gets Sebi Nod

March 4, 2024 19:41

Go Digit General Insurance, backed by Fairfax, receives Sebi's approval for IPO, raising Rs 1,250 crore through fresh issuance and an OFS. Virat Kohli and Anushka Sharma are among the investors.

WTO Meet: India Calls for Stricter Fishing Subsidy Rules

February 27, 2024 22:06

India advocates for a 25-year moratorium on distant water fishing subsidies at the WTO meeting, highlighting the harmful effects on sustainable fishing and advocating for the interests of local...

MP CM Inaugurates Rs 8,000 Cr Projects at Ujjain Industrial Conference

February 27, 2024 18:38

Madhya Pradesh CM Mohan Yadav will inaugurate and lay foundation stone of projects worth over Rs 8,000 crore at a regional industrial conference in Ujjain, starting March 1.

Woodfield International Acquires UK Unit for Marine Loading Arms

February 26, 2024 14:48

Woodfield Systems International acquires Woodfield Systems UK to manufacture marine loading arms in India, aiming for 40% annual growth and global expansion.

Scorpio Tankers Uses FOWE Fuel-Saving Devices: Indian Cos Next

February 25, 2024 13:31

Scorpio Tankers signs a pact to use FOWE's fuel emulsion systems across its fleet, promising fuel savings and reduced emissions. The technology, tested by Indian firms, aims to reduce fuel costs...

India Calls for UN Security Council Reform at G20

February 22, 2024 20:02

India urges comprehensive UN reforms, including Security Council, at G20 ministerial meeting in Brazil, emphasizing the need for a more representative and effective multilateral system.

India at G20 FMM: Addressing Geopolitical Issues

February 22, 2024 14:45

India emphasizes constructive dialogue & finding common ground on geopolitical issues at the G20 Foreign Ministers' Meeting in Brazil, addressing conflicts in Ukraine, Israel-Palestine,...

Singapore Airshow: Indian Companies Bullish on Prospects

February 20, 2024 16:57

Indian companies are optimistic about business opportunities at the Singapore Airshow, with key players like Brahmos Aerospace and KeepFlying showcasing their offerings.

RoDTEP Scheme Extended to SEZs & EOUs: Commerce Ministry

February 18, 2024 11:03

India's commerce ministry extends export benefits under the RoDTEP scheme to companies in special economic zones (SEZs) and export oriented units (EOUs).

Offshore Mining Workshop: Draft Guidelines & Private Agency Participation

February 12, 2024 14:39

A workshop in Mangalore will discuss draft guidelines for private agencies in offshore exploration, including amendments to the Offshore Areas Mineral Act and auction of blocks.

Adani Ports: Top Climate Actions & Environmental Performance | News

February 11, 2024 17:17

Adani Ports and Special Economic Zone Ltd. (APSEZ) secures top rankings in climate actions and environmental performance by leading global rating agencies.

Balu Forge Industries Q3 Profit Surges to Rs 25 Cr

February 3, 2024 19:43

Balu Forge Industries (BFIL) reported a significant jump in its consolidated net profit for the December quarter, driven by higher income and increased demand. The company's total income rose 55%...

Deep Sea Mining: President Murmu Emphasizes Mineral Exploration

January 31, 2024 13:43

President Droupadi Murmu calls for exploring minerals through deep sea mining, highlighting the Deep Ocean Mission and the need for a circular economy.

India's First Lab-Grown Fish Meat: CMFRI & Neat Meatt Partner

January 29, 2024 13:20

CMFRI & Neat Meatt Biotech collaborate to develop lab-grown fish meat in India, aiming to meet seafood demand sustainably. The project focuses on high-value fish like kingfish, pomfret, and seer fish.

Red Sea Route Impact on Indian Trade: 50% Exports, 30% Imports

January 28, 2024 14:59

The Red Sea shipping route disruption affects 50% of India's exports and 30% of imports. Learn how different sectors are impacted and the potential economic consequences.

Modi-Macron Talks: Defence, Trade, Student Mobility

January 24, 2024 19:52

Prime Minister Modi and French President Macron to discuss defence, trade, climate change, clean energy and student mobility in Jaipur. Macron to attend Republic Day celebrations in New Delhi.

India, Dominican Republic to Set Up Trade Committee

January 24, 2024 19:49

India and the Dominican Republic will establish a Joint Economic and Trade Committee (JETCO) to boost bilateral trade and provide a platform for information exchange.

Shapoorji Pallonji Launches Luxury Mumbai Project - Rs 1,000 Crore Revenue

January 24, 2024 10:44

Shapoorji Pallonji Real Estate launches 'The Odyssey' in Mumbai, a luxury project with 60 units priced from Rs 15 crore. Expected revenue surpasses Rs 1,000 crore.

India Proposes Carbon Reduction for Climate-Resilient Fisheries at UN

January 20, 2024 17:22

India has proposed significant carbon footprint reduction for climate-resilient fisheries at a UN meeting, highlighting its commitment to sustainable fishing practices and addressing climate change...

Artificial Reef Project Boosts Kerala Fishermen's Income

January 17, 2024 19:47

Union Minister inaugurates artificial reef project off Kerala's Vizhinjam coast, aiming to enhance fishermen's income and promote sustainable fishing practices.

Asian Paints Q3 Profit Jumps 34% to Rs 1,475 Cr - Business News

January 17, 2024 16:34

Asian Paints Q3 profit surged 34.46% to Rs 1,475.16 cr, driven by softened raw material prices & efficiencies. Sales rose 5.4% to Rs 9,103 cr. Read more.

Cash Refunds for Exporters: GTRI Urges Govt Change

January 16, 2024 10:59

Economic think tank GTRI recommends cash refunds for exporters instead of scrips for tax remission schemes, citing improved cash flow benefits.

India, US Discuss Visa, GSP, Critical Minerals at Trade Forum

January 12, 2024 22:49

India and the US discussed visa, critical minerals, GSP restoration, trade in pharma and marine goods, and digital trade at the 14th Trade Policy Forum meeting.

India, US Boost Engagement on Medical Devices Trade

January 12, 2024 22:46

India and the US have agreed to increase engagement to address issues impacting medical devices trade, including pricing and standards. The two countries also discussed pharmaceutical supply chain...

India, US Discuss Trade & Investment Boost at TPF Meet

January 12, 2024 20:43

India and the US discussed ways to enhance trade and investment ties during the 14th Trade Policy Forum (TPF) meeting in New Delhi, focusing on key issues like social security pact, market access...

Singapore Monitors Shipping Routes Amidst Houthi Attacks

January 12, 2024 16:47

Singapore's Maritime and Port Authority is closely monitoring global geopolitical situation and its impact on shipping routes and supply chains due to attacks on merchant ships in the Red Sea.

India-US Trade Talks: Social Security Pact, Mango Access Key

January 11, 2024 19:34

India seeks a social security pact with the US, greater market access for mangoes, and faster USFDA inspections for pharma during the Trade Policy Forum (TPF) meeting in Delhi.

India Demands Faster USFDA Inspections at Trade Forum

January 10, 2024 18:49

India will push for expedited USFDA inspections, removal of shrimp export ban, and GSP reinstatement at the Trade Policy Forum (TPF) meeting on Friday. The meeting will address key trade issues...

APM Terminals Pipavav Inks Pacts for Port Infra, Green Hydrogen

January 10, 2024 17:51

APM Terminals Pipavav signs agreements with Gujarat Maritime Board and Welspun Group for port infrastructure development and green hydrogen ecosystem.

Sagar Parikrama Phase 12: West Bengal Coastal Regions Focus

January 9, 2024 14:32

The 12th phase of 'Sagar Parikrama' will focus on West Bengal's coastal regions, aiming to address fishermen's issues and promote economic upliftment through various schemes.

Jupiter Wagons Wins Rs 100 Crore Contract for Double-Decker Auto Carriers

January 5, 2024 21:34

Jupiter Wagons secures a major contract to manufacture four rakes of double-decker automobile carriers for a leading automaker, valued at Rs 100 crore. These innovative wagons, designed to...

Marine Fisheries Workshop: Centre & States Unite

January 3, 2024 20:03

NITI Aayog to host a workshop on harnessing the potential of India's marine fisheries, bringing together the Centre and coastal states to discuss challenges and develop strategies.

Sagar Parikrama Phase 10: AP & Puducherry Coastal Districts

December 31, 2023 17:43

The 10th phase of Sagar Parikrama, aimed at resolving fishermen's issues and promoting their economic upliftment, will cover remaining coastal districts of Andhra Pradesh and Puducherry.

India's Exports to Australia Surge 14% Thanks to Trade Deal

December 29, 2023 20:21

India's exports to Australia rose 14% in April-November 2023, driven by the interim free trade agreement and strong performance in sectors like engineering, pharma, and electronics.

Telecommunications Bill Passed: Reforms, User Protection, & Interception Powers

December 21, 2023 20:24

India's Parliament approves the Telecommunications Bill, modernizing the telecom sector, prioritizing user protection, but also granting more power to the government. Learn more.

Gujarat Pushes for Modern Tech in Fisheries

December 18, 2023 12:01

Gujarat, with its vast coastline, seeks to modernize its fisheries sector by promoting deep-sea fishing and technological advancements, aiming to boost economic growth and improve fisherfolk...

India's Trade Growth To Slow in 2023: Report

December 17, 2023 11:01

India's overall trade is expected to decline by 2.6% in 2023, with a dip in merchandise exports, though strong performance in electronics and services sectors will help contain the fall.

Jupiter Wagons Wins Rs 1,617 Cr Railway Contract

December 14, 2023 16:35

Jupiter Wagons secures a Rs 1,617 crore contract from the Ministry of Railways for the supply of 4,000 BOXNS wagons.

Adani Group Completes Sanghi Industries Acquisition: Revised Offer Price at Rs 121.90/share

December 5, 2023 14:49

Adani Group's Ambuja Cements completes the acquisition of Sanghi Industries at a revised offer price of Rs 121.90/share, increasing ACL's production capacity to 74.6 MTPA.

Jupiter Wagons Raises Rs 403 Crore via QIP for Growth

December 5, 2023 11:33

Jupiter Wagons has raised Rs 403 crore through Qualified Institutional Placement (QIP) to fund its growth plans, including setting up a new foundry in Jabalpur.

India Calls for Responsibility on Indian Ocean Tuna Stocks

December 4, 2023 18:18

India urges advanced fishing nations to take responsibility for damage to Indian Ocean tuna stocks, highlighting concerns about industrial fishing's impact on sustainability and livelihoods.

JSW Infrastructure Issues USD 126 Million Guarantee

November 29, 2023 21:47

JSW Infrastructure has issued a corporate guarantee of USD 126 million to Axis Trustee Services for a financial aid to be availed by its subsidiary JSW Terminal (Middle East) FZE.

Private Insurers Gain Market Share in H1'FY24

November 26, 2023 15:30

Private general insurers in India increased their market share to 53.58% in H1'FY24, driven by strong growth in gross direct premiums. Learn more about the key trends in the non-life insurance sector.

Jellyfish Fisheries: Sustainable Practices for Economic Growth in India

November 24, 2023 16:15

Experts advocate sustainable jellyfish fisheries in India, emphasizing quality control, market acceptance, and adaptation to environmental changes for economic growth and ecosystem balance.

Oceanarium & Marine Museum Approved in Kollam, Kerala

November 24, 2023 15:26

Kerala government approves Rs 10 crore for an oceanarium and marine museum in Kollam, aiming to boost tourism and showcase the region's rich history.

Boost India's Exports to USD 2 Trillion by 2030: PHDCCI Report

November 23, 2023 15:29

A new report by PHDCCI suggests measures like FTAs, lower power costs, and land reforms can help boost India's exports to USD 2 trillion by 2030. The report highlights 75 potential export products...

SEZ Restrictions Easing: Goyal on Growth Boost

November 8, 2023 19:12

India's Commerce Minister Piyush Goyal discusses easing restrictions on SEZs to promote growth, including potential RoDTEP scheme expansion and decriminalization efforts.

Balu Forge Industries Q2 Profit Jumps to 24 Cr

November 1, 2023 12:07

Balu Forge Industries Limited (BFIL) reported a significant increase in its net profit to Rs 24 crore in Q2 FY24, driven by higher income and improved working capital. The company is also expanding...

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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