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Major ports under the Union Ministry of Ports, Shipping and Waterways handled 915.17 million tonnes (MT) of cargo during the financial year 2025-26, surpassing the annual target of 904 MT, and registering a strong year-on-year growth of 7.06%. The achievement highlights improved operational efficiency, robust trade recovery, and sustained momentum in the maritime sector, according to the Ministry. It also reflects "the impact of ongoing reforms and strategic investments aimed at modernising por ...Read More >
Kandla (Gujarat) [India], April 5 (ANI): Chairman of Deendayal Port Authority Sushil Kumar Singh, on National Maritime Day, said that Kandla port has handled the highest volume of cargo, asserting that India's first port, where we have conducted a trial of methanol bunkering. "In the past financial year, 2025-26, Deendayal Port Authority, Kandla port, has handled the highest volume of cargo of 160.11 million metric tons, which is the highest in the history of any major port. Kandla port has ach ...Read More >
Kandla (Gujarat) [India], April 5 (ANI): Chairman of Deendayal Port Authority Sushil Kumar Singh, on National Maritime Day, said that Kandla port has handled the highest volume of cargo, asserting that India's first port, where we have conducted a trial of methanol bunkering. "In the past financial year, 2025-26, Deendayal Port Authority, Kandla port, has handled the highest volume of cargo of 160.11 million metric tons, which is the highest in the history of any major port. Kandla port has ach ...Read More >
New Delhi [India], April 5 (ANI): On the occasion of 63rd National Maritime Day, Deendayal Port Authority said it has achieved a historic milestone of handling 160.11 million metric tonnes (MMT) of cargo in FY 2025-26, the highest-ever cargo volume handled by any major port in India. The announcement was made during a press meet chaired by Sushil Kumar Singh, who highlighted the port's key achievements and strategic initiatives aimed at strengthening India's maritime sector. "It is a matter of ...Read More >
Paradip (Odisha) [India], April 2 (ANI): The Paradip Port Authority (PPA) achieved a historic milestone by joining the elite '155+ Million Metric Tonnes (MMT) Club.' The port recorded its highest-ever cargo throughput of 156.45 MMT during FY 2025-26, marking a 4.01% growth compared to the previous financial year. This performance stands as the best in the port's history since it first became operational in 1966. Despite challenging market conditions, such as a decline in export demand for iro ...Read More >
VISAKHAPATNAM: Visakhapatnam Port Authority (VPA) recorded cargo throughput of 91.17 million metric tonnes (MMT) in the financial year 2025-26, registering a growth of about 10.35 per cent over the previous year. The performance marks an improvement over 82.62 MMT handled in 2024-25, 81.09 MMT in 2023-24, and 73.75 MMT in 2022-23. A stakeholders' meet was held in Visakhapatnam on Wednesday. Speaking on the occasion, VPA Chairperson M Angamuthu attributed the growth to coordinated efforts of por ...Read More >
Mumbai: The Mumbai Port Authority (MbPA) clocked its highest-ever cargo throughput of 75.15 million metric tonnes (MMT) in 2025-26, registering a 9.5% growth over the previous year, underscoring strong operational performance despite global trade uncertainties.Mumbai Port also maintained its lead in cruise tourism, handling 95 cruise calls and over 2.5 lakh passengers. In shipbuilding and repair, it handled 87 vessels for repair and 23 under construction, while advancing plans for a greenfield s ...Read More >
Deendayal Port Authority Kandla conducted a Triple Banking Ship-to-Ship (STS) operation, which is the first-ever at a strong tidal port Deendayal Port Authority, Kandla, on Monday announced that it has surpassed its Financial Year 2025-26 cargo handling target of 158.60 million tonnes, marking a significant milestone in India's maritime trade landscape. The port authority, one of the country's busiest major ports, said the achievement underscores a "mission accomplished" as it gears up to set ...Read More >
New Delhi [India], April 1 (ANI): In a landmark achievement that cements its legacy as India's leading maritime gateway, Deendayal Port Authority (DPA), Kandla has crossed the historic 160 Million Metric Tonnes (MMT) mark in cargo handling for the financial year 2025-26, achieving an unprecedented 160.11 MMT the highest-ever cargo volume handled in the history of Major Ports. The release stated that DPA has secured the position of India's number one major port. It is the best performer among al ...Read More >
New Delhi [India], April 1 (ANI): In a landmark achievement that cements its legacy as India's leading maritime gateway, Deendayal Port Authority (DPA), Kandla has crossed the historic 160 Million Metric Tonnes (MMT) mark in cargo handling for the financial year 2025-26, achieving an unprecedented 160.11 MMT the highest-ever cargo volume handled in the history of Major Ports. The release stated that DPA has secured the position of India's number one major port. It is the best performer among al ...Read More >
Bhubaneswar, Mar 31 (PTI) Seven Odisha government-run companies and corporations incurred a loss of Rs 794.98 crore during the financial year 2022-23, the CAG said in a report. Comptroller and Auditor General of India (CAG) audited the financial performance of the State Public Sector Enterprises (SPSEs) for the financial year 2022-23 and mentioned its findings in a report, which was laid before the assembly on Tuesday. Of the 29 government companies and corporations audited by the CAG, seven e ...Read More >
New Delhi, Mar 30 (PTI) Morpheus Research on Monday released a report accusing travel booking platform MakeMyTrip of indulging in "anti-competitive practices" despite a significant penalty order from the Competition Commission of India (CCI) in 2022 directing the company to stop such practices. According to the report, Morpheus Research, an activist short-seller, which disclosed a short position in the company, alleged that MakeMyTrip continues to enforce price parity arrangements with hotel pa ...Read More >
India's maritime sector is the backbone of its economy. Nearly 95 percent of trade by volume moves through sea routes. The Maritime India Vision 2030 is driving modernization and expansion. Port capacity has doubled, and operational efficiency has sharply improved. Coastal shipping and inland waterways are also seeing significant growth. Long-term plans aim for further development and cost reduction. Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through mari ...Read More >
The Inland Waterways Authority of India (IWAI) has handed over operations of the Haldia Multi-Modal Terminal (MMT) in West Bengal to IRC Natural... The Inland Waterways Authority of India (IWAI) has handed over operations of the Haldia Multi-Modal Terminal (MMT) in West Bengal to IRC Natural Resources to enhance inland waterway infrastructure and promote multimodal logistics through public-private partnership (PPP), the government informed on Friday. Built by IWAI with World Bank support, the ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >
NEW DELHI: India's oil and gas sector stands at a critical crossroads as soaring demand intensifies its dependence on imports, even as domestic production continues its steady decline. According to Rubix Industry Insights' Oil & Gas, July 2025 report, India's energy appetite is poised to climb sharply -- from 5.64 million barrels per day (bpd) in 2024 to 6.66 million bpd by 2030. That's a staggering one-third of the projected global demand growth over the period. But this growth is unfolding a ...Read More >
Mumbai, Aug 4 (SocialNews.XYZ) Adani Ports and Special Economic Zone Limited (APSEZ) on Monday reported an 8 per cent year-on-year (YoY) rise in cargo volumes for July, handling 40.2 million metric tonnes (MMT). The growth was led by a strong 22 per cent jump in container volumes, according to company's operational performance update in a stock exchange filing. For year-to-date (YTD) till July, the company handled 160.7 MMT of total cargo, up 10 per cent from the same period previous year, wit ...Read More >
Mangaluru: MangaloreRefinery and Petrochemicals Ltd (MRPL), the ONGC-owned refining major, posted a consolidated net loss of ₹272 crore in the first quarter of FY26, as softening refining margins and lower revenue from operations weighed on its performance. The company's topline fell sharply to ₹20,988 crore, down nearly 23% from ₹27,289 crore in Q1 FY25. Its Gross Refining Margin (GRM) slipped to US$ 3.88 per barrel, compared to US$ 4.70 per barrel a year ago, amid weaker product cracks and pl ...Read More >
Mangaluru (Karnataka), Jul 19 (PTI) MRPL, a subsidiary of ONGC and a Schedule "A" Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for the first quarter of FY 2025-26, compared to a profit of Rs 66 crore during the same period last year. According to a statement from Mangalore Refinery and Petrochemicals Ltd, the company's Board of Directors approved the Q1 financial results at its 270th meeting held on July 18. The results reflect a decline in revenu ...Read More >
Mangaluru (Karnataka), Jul 19 (PTI) MRPL, a subsidiary of ONGC and a Schedule "A" Mini Ratna Category-I company, on Saturday reported a consolidated net loss of ₹272 crore for the first quarter of FY 2025-26, compared to a profit of ₹66 crore during the same period last year. According to a statement from Mangalore Refinery and Petrochemicals Ltd, the company's Board of Directors approved the Q1 financial results at its 270th meeting held on July 18. The results reflect a decline in revenue fr ...Read More >
KOLKATA: An FIR has been lodged against Hasin Jahan, the estranged wife of cricketer Mohammed Shami and Arshi Jahan, Hasin's daughter from her first marriage at Suri in Birbhum district in West Bengal. A few days ago, a conflict erupted over a plot of land in the Sonator area under ward no. 5 of Suri Municipality. The land reportedly belongs to Arshi and it is alleged that neighbor Guddu Bibi was trying to encroach that land. It is alleged that after the construction work started on the land o ...Read More >
New Delhi, Jul 17 (PTI) Nuvoco Vistas Corp, the building materials division of the Nirma Group, on Thursday reported a multi-fold increase in its profit to Rs 133.16 crore in the quarter ended in June 2025. The company had logged a net profit of Rs 2.84 crore in the April-June quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corp. Its revenue from operations was up 9 per cent to Rs 2,872.70 crore in the June quarter. It was at Rs 2,636.48 crore in the corresponding quart ...Read More >
The index of mineral production for the mining and quarrying sector for March 2025 stood at 156.8, increasing by 0.4% over March 2024. Minerals like iron ore, manganese ore and zinc concentrate saw notable increase in production during March 2025 compared to March 2024. Production of iron ore rose by 5.7% to 25.9 million metric tonne (MMT) during the said period. Manganese ore production grew by 9.7% to 0.39 MMT and production of zinc concentrate rose by 5.5% to 0.19 MMT in March 2025 over March ...Read More >
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