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New Delhi, April 5 (SocialNews.XYZ) In a significant achievement for India's maritime sector, the country's major ports have collectively handled 915.17 million tonnes (MT) of cargo during FY 2025-26, surpassing the annual target of 904 MT, according to a statement issued by the Ministry of Ports, Shipping and Waterways to mark National Maritime Day. This reflects a year-on-year growth of 7.06 per cent, reaffirming the sector's strong recovery and sustained growth trajectory driven by transform ...Read More >
New Delhi [India], April 5 (ANI): Member of Parliament and Secretary General of the Confederation of All India Traders (CAIT), Praveen Khandelwal, has urged the government to curb alleged malpractices by certain e-commerce and quick commerce companies and called for the formation of a National Retail Development Council to ensure fair policymaking for the retail sector. In a communication to Union Commerce and Industry Minister Piyush Goyal, Khandelwal expressed concern that practices adopted b ...Read More >
New Delhi: Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision seems imminent." Also r ...Read More >
Kochi, April 5 (UNI) DP World Cochin has set a new operational benchmark by handling more than 8,000 twenty-foot equivalent units (TEUs) from a single vessel, marking the highest volume ever achieved at the terminal. The record was set with the arrival of MSC Ilaria, a 366-metre-long ultra large container vessel (ULCV), surpassing the previous high of over 6,000 TEUs handled from MSC Aurora. The milestone highlights the terminal's growing capability to efficiently manage next-generation contai ...Read More >
New Delhi [India], April 5 (ANI): Member of Parliament and Secretary General of the Confederation of All India Traders (CAIT), Praveen Khandelwal, has urged the government to curb alleged malpractices by certain e-commerce and quick commerce companies and called for the formation of a National Retail Development Council to ensure fair policymaking for the retail sector. In a communication to Union Commerce and Industry Minister Piyush Goyal, Khandelwal expressed concern that practices adopted b ...Read More >
New Delhi: Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 per cent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imp ...Read More >
New Delhi [India], April 5 (ANI): Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision s ...Read More >
New Delhi, Apr 5 (PTI) State-owned India Infrastructure Finance Company Ltd (IIFCL) is aiming to double its exposure in Infrastructure Investment Trusts (InvITs) to Rs 6,000 crore during the ongoing fiscal year as part of its investment diversification strategy. IIFCL has exposure of about Rs 3,000 crore across nine InvITs as of March 31, 2026. "We hope to double our investment in InvITs during the current financial year. It should reach Rs 6,000 crore by the end of March 2027," IIFCL MD Rohit ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
New Delhi, Apr 5 (PTI) The Congress on Sunday launched a scathing attack on Prime Minister Narendra Modi over the proposal to increase Lok Sabha seats, saying he is "bulldozing" the move that will work more to the benefit of larger and populous states and is nothing but a "Weapon of Mass Distraction (WMD)". The opposition party also alleged that the prime minister is "hoodwinking" the people of the country and is making misleading statements that are meant to deceive. In a post on X, Congress ...Read More >
Tiruchirappalli (Tamil Nadu) [India], April 5 (ANI): On the occasion of Easter, Tamil Nadu Education Minister Anbil Mahesh Poyyamozhi, a DMK candidate of the Secular Progressive Alliance from Thiruverumbur constituency, greeted devotees at St. Philomena's Church in Kattur today. The minister interacted with the congregation during the special Easter service commemorating the resurrection of Jesus Christ and conveyed his heartfelt wishes to the public. Also Read | 'To My Colleagues in AAP, Pict ...Read More >
Kolkata, Apr 5 (PTI) Amid speculations on the BJP's chief ministerial face in the West Bengal assembly polls, state BJP president Samik Bhattacharya said the party had not taken any decision on the matter and would instead seek votes in the name of Prime Minister Narendra Modi and his "development agenda". Bhattacharya said the BJP did not distinguish between "organic" and "inorganic" leaders, and that "whoever the people identify as fighters against the TMC's misrule can be the party's face af ...Read More >
New Delhi, Apr 5 (PTI) State-owned India Infrastructure Finance Company Ltd (IIFCL) is aiming to double its exposure in Infrastructure Investment Trusts (InvITs) to Rs 6,000 crore during the ongoing fiscal year as part of its investment diversification strategy. IIFCL has exposure of Rs 3,000 crore across nine InvITs as of March 31, 2026. "We hope to double our investment in InvITs during the current financial year. It should reach Rs 6,000 crore by the end of March 2027," IIFCL MD Rohit Rishi ...Read More >
New Delhi [India], April 5 (ANI): Congress General Secretary Jairam Ramesh on Sunday said that both Chief Election Commissioner Gyanesh Kumar and External Affairs Minister S Jaishankar are unlikely to respond to the party's recent questions concerning BJP's Puducherry President and Raj Bhavan constituency candidate VP Ramalingam and Latchiya Jananayaga Katchi (LJK) chief Jose Charles Martin hosting a Sri Lankan diplomat in Puducherry. Replying to Congress spokesperson Pawan Khera's post on X, R ...Read More >
New Delhi/Dispur, Apr 5: With the Assam Assembly elections around the corner, senior BJP leader and Union minister Nitin Gadkari on Sunday struck a calibrated political note, asserting the party's opposition to "infiltrators" while insisting it is not against Muslims, as he expressed confidence of a BJP victory in the state. "I strongly believe that we will win in Assam," Gadkari said, underlining that the BJP's approach is to "take everyone together, irrespective of religion". He added that t ...Read More >
Tiruchirappalli (Tamil Nadu) [India], April 5 (ANI): On the occasion of Easter, Tamil Nadu Education Minister Anbil Mahesh Poyyamozhi, a DMK candidate of the Secular Progressive Alliance from Thiruverumbur constituency, greeted devotees at St. Philomena's Church in Kattur today. The minister interacted with the congregation during the special Easter service commemorating the resurrection of Jesus Christ and conveyed his heartfelt wishes to the public. Following the celebrations, Anbil Mahesh P ...Read More >
New Delhi, Apr 5 (PTI) State-owned Coal India Ltd plans to offer 25.62 million tonnes of coal through online auction in the current month, a move expected to mitigate the impact of energy supply shocks on industries amid the West Asia crisis. The disruptions in LNG, LPG and crude oil supplies from the Middle East have increased demand for coal, driving up its import prices. Coal India had offered 32.532 million tonnes of coal through e-auction in March against 20.5 million tonnes in February t ...Read More >
Bagalkot (Karnataka), April 4 (SocialNews.XYZ) The BJP is afraid of defeat and is spreading false propaganda against the Congress government, said Karnataka Chief Minister Siddaramaiah. He was speaking to the media in Bagalkot on Saturday. The election campaign for the Bagalkot by-election is going well, and we have received an overwhelming response from the people. We are expecting a good victory in both constituencies, he said. The Congress government's programmes are designed for the poor. ...Read More >
Bagalkot, April 4 (SocialNews.XYZ) Karnataka Chief Minister Siddaramaiah stated on Saturday that he is being targeted by the RSS and Manuvadis because he is against inequality. He addressed a gathering organised by the Karnataka Shoshita Samudayagala Mahaa Okkuta (Karnataka Oppressed Communities Federation) in Bagalkot. Siddaramaiah criticised the BJP and RSS, saying: "I am being targeted by RSS and Manuvadis because I am against inequality and stand with the marginalised. They are trying to a ...Read More >
Shimla, Apr 4 (PTI) Milk-producing farmers in the state are now receiving an average benefit of Rs 34.18 crore per month -- "the highest ever -- "as the state milk federation procures approximately 2.70 lakh litres of milk per day from the farmers. This is a significant increase compared to the average procurement of 1.57 lakh litres per day during the financial year 2024-25, a government spokesperson said in a statement here on Saturday. The federation is ensuring doorstep milk collection, pa ...Read More >
Bagalkot (Karnataka), April 4 (SocialNews.XYZ) Karnataka Chief Minister Siddaramaiah on Saturday said the BJP is indulging in a smear campaign against the Congress government as it is gripped by fear of defeat. Speaking to the media in Bagalkot, he said the campaign for the by-election is progressing well and has received an overwhelming response beyond expectations. "There is unprecedented support everywhere, and the Congress will win both constituencies," he said. He added that the Congress ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Europe's fragile economic outlook amid geopolitical tensions could have ripple effects on India's trade and sectoral competitiveness with the latter to gain from FTA, a new report has said. The report from EY noted that India could gain from new opportunities with deeper trade engagement with Europe and rising competitiveness in sectors such as textiles. Tariff and trade policy changes by the United States as well as West Asian conflict will act as headwinds ...Read More >
New Delhi [India], April 4 (ANI): Europe's economic outlook remains fragile amid global trade tensions and geopolitical risks, which could have ripple effects on India's trade and sectoral competitiveness, according to a new report by EY The EY European Economic Outlook (March 2026) notes that trade policy changes, tariffs, and geopolitical uncertainties continue to shape economic prospects in Europe, potentially affecting global trade flows and competition with countries like India. The repor ...Read More >
With this, APSEZ - which is India's largest integrated transport utility and among the nation's leading port developers and operators - also highlighted its goal of reaching 1 billion tonnes of cargo handling by 2030. Speaking on the milestone, Gautam Adani, chairman of Adani Group, said ports are "not merely gateways for trade, they are gateways to national confidence, competitiveness and destiny." In a statement, the firm said it was a "defining moment" which showcased India's "infrastructure ...Read More >
Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through maritime routes. The Maritime India Vision 2030 aims to place India among the top 10 global shipbuilders by 2030, targeting an investment of Rs 3-3.5 lakh crore across ports, shipping, and inland waterways, backed by a recent package of Rs 69,725 crore designed to boost shipbuilding and revitalise the maritime ecosystem. The Maritime Amrit Kaal Vision 2047, a long-term roadmap for India's maritime resurge ...Read More >
Mumbai: A recent report by HSBC has warned that if crude oil prices remain above USD 100 per barrel, India's inflation could rise beyond 6 percent. This level is the upper limit of the Reserve Bank of India's (RBI) comfort range. According to HSBC economists, if oil prices stay below USD 100 on average, inflation may remain under control. However, if prices stay higher for a longer period, inflation pressure will increase sharply. Risk of Interest Rate Hikes If inflation crosses 6 percent, th ...Read More >
NEW DELHI: In a move aimed at strengthening India's maritime capabilities, the government said on Friday it has signed an agreement with the Korea International Cooperation Agency (KOICA) for a skill development project in the shipbuilding sector. The Ministry of Ports, Shipping and Waterways (MoPSW) said that the government signed a 'Plan of Implementation' with KOICA on April 2. The agreement is aligned with the Maritime Amrit Kaal Vision 2047 and seeks to position shipbuilding as a key drive ...Read More >
New Delhi, April 3 (SocialNews.XYZ) Japan's Ministry of Foreign Affairs has established a new Japan-India Economic Affairs Division to help Japanese companies invest in India, as part of its strategy to bolster bilateral economic ties. "Through the establishment of the Japan-India Economic Affairs Division, the Ministry of Foreign Affairs of Japan will further make public-private efforts to promote companies' expansion of business and investment from Japan to India and to deepen cooperation in ...Read More >
New Delhi, April 3 (SocialNews.XYZ) In a move aimed at strengthening India's maritime capabilities, the government said on Friday it has signed an agreement with the Korea International Cooperation Agency (KOICA) for a skill development project in the shipbuilding sector. The Ministry of Ports, Shipping and Waterways (MoPSW) said that the government signed a 'Plan of Implementation' with KOICA on April 2. The agreement is aligned with the Maritime Amrit Kaal Vision 2047 and seeks to position sh ...Read More >
New Delhi [India], April 3 (ANI): The Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Plan of Implementation with the Korea International Cooperation Agency (KOICA) to strengthen skill development in India's shipbuilding and marine sector, marking a significant step towards enhancing maritime capabilities. In an official statement on Friday, the Ministry of Ports, Shipping and Waterways stated that the agreement signed on Thursday aims to support the development of a skilled work ...Read More >
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