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A Memorandum of Understanding (MoU) for a capital investment of Rs 17 thousand crores was signed by Gujarat Maritime Board and Gujarat Pipavav Port Limited (APM Terminals) in Gandhinagar on Wednesday in the inspiring presence of Chief Minister Patel and AP Moller-Maersk Board Chairman Robert Maersk Ugla. In line with the vision of 'Samudra Se Samriddhi' given by Prime Minister Narendra Modi, the Gujarat government, under the leadership of Chief Minister Bhupendra Patel, has taken an important s ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Paduko ...Read More >
Salman Khan, Telangana CM Revanth Reddy (Image source: Telangana CMO)Telangana CM Revanth Reddy met Bollywood star Salman Khan in Mumbai to discuss the state's ambitious 'Telangana Rising 2047' vision. Salman promised to promote the initiative globally, supporting Telangana's growth and innovation goals. Telangana Chief Minister Revanth Reddy, recently met Bollywood superstar Salman Khan in Mumbai. The meeting, held on Thursday evening, reflected the state government's efforts to promote Telang ...Read More >
Mumbai: Telangana Chief Minister Revanth Reddy, recently met Bollywood superstar Salman Khan in Mumbai. The meeting, held on Thursday evening, reflected the state government's efforts to promote Telangana as a hub of growth, innovation, and opportunity, in line with the vision of 'Telangana Rising'. According to Telangana CMO, Salman Khan assured Revanth Reddy that he would take the message of #TelanganaRising across the world. "I will take the message of #TelanganaRising across the world," pro ...Read More >
MUMBAI: While prime minister Narendra Modi stressed that it was the right time for investors to put money in India's maritime sector, the chief economic advisor (CEA) to the government of India V Anantha Nageswaran on Wednesday said that the country's GDP growth in FY 2025-26 would surpass the estimation of 6.3% and would be around 7%. Both were speaking at functions during India Maritime Week, being held from October 27 to 31 in Mumbai. The maritime week also saw a few key memorandums of unders ...Read More >
India is making strides to secure an extension for the US sanctions waiver concerning Iran's Chabahar Port, a pivotal gateway for its trade with Afghanistan, Central Asia, and Russia. As the current waiver approaches its expiration, neighboring countries are expressing interest in utilizing Chabahar to enhance their own trade routes. India is working to secure an extension of the US sanctions waiver for Iran's Chabahar Port - a vital link in its connectivity network with Afghanistan, Central As ...Read More >
New Delhi, Oct 30: The United States has granted India a six-month waiver from American sanctions on the Chabahar port project, the Ministry of External Affairs (MEA) announced on Thursday. MEA spokesperson Randhir Jaiswal confirmed that India's talks with the US for a trade deal are ongoing. Addressing a press briefing, Jaiswal said that India is closely assessing the implications of the recent US sanctions on Russian oil companies. "We are studying the implications of the recent US sanctions ...Read More >
Mumbai, Oct 30 (PTI) Union Minister Sarbananda Sonowal on Thursday said 600 memorandums of understanding (MoUs) worth Rs 12 lakh crore investment proposals in the shipping sector were signed at India Maritime Week 2025. Addressing the media, the ports, shipping and waterways minister said India is going to become a superpower in the maritime sector. He said CEOs of 11 global shipping companies participated in India Maritime Week 2025 (IMW 2025), which started on October 27 at the Bombay Exhibi ...Read More >
New Delhi, Oct 28: Union Minister for Road Transport and Highways, Nitin Gadkari, emphasised on Tuesday that infrastructure development should prioritise citizens' comfort and convenience. According to an official release, speaking at the CII National Conference on "Future of Smart Roads - Safety, Sustainability and Resilience," Gadkari outlined three key pillars for infrastructure growth: People, Prosperity, and Planning. To support people-centric development, the Ministry has developed 670 r ...Read More >
New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >
New Delhi [India], October 28 (ANI): Union Minister for Road Transport and Highways, Nitin Gadkari, emphasised on Tuesday that infrastructure development should prioritise citizens' comfort and convenience. According to an official release, speaking at the CII National Conference on "Future of Smart Roads - Safety, Sustainability and Resilience," Gadkari outlined three key pillars for infrastructure growth: People, Prosperity, and Planning. Also Read | Bihar Assembly Elections 2025: BJP Calls ...Read More >
New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >
Mumbai: India's maritime sector forms the backbone of its economy, with over 95 per cent of the nation's trade by volume moving through the sea, Union Minister Sarbananda Sonowal said on Tuesday, adding that under the Net Zero by 2070 commitment, India aims to reduce carbon emissions per tonne of cargo by 30 per cent by 2030 and 70 per cent by 2047, making the sector a key driver of climate action. Addressing the 'India Maritime Week (IMW) 2025' here, Sonowal highlighted India's unwavering focu ...Read More >
NEW DELHI (AP) -- Cyclone Montha started making landfall along India's eastern coast, the weather office said late Tuesday, with the storm due to bring torrential rains and strong winds. Montha, swirling over the Bay of Bengal, intensified into a severe cyclonic storm that threatens flooding of low-lying areas in southern Andhra Pradesh and neighboring states through the night. "Latest observations indicate that the landfall process has commenced," the Indian Meteorological Department said in ...Read More >
NEW DELHI - Cyclone Montha started making landfall along India's eastern coast, the weather office said late Tuesday, with the storm due to bring torrential rains and strong winds. Montha, swirling over the Bay of Bengal, intensified into a severe cyclonic storm that threatens flooding of low-lying areas in southern Andhra Pradesh and neighboring states through the night. Recommended Videos "Latest observations indicate that the landfall process has commenced," the Indian Meteorological Depar ...Read More >
Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island Development Project will significantly boost India's maritime trade, multiplying its global share in the sector. Speaking at the inauguration of India Maritime Week 2025, Shah said India's democratic stability, naval strength, and strategic position between the Indo-Pacific and the Global South make it a rising maritime power. Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island De ...Read More >
VOC Energy Trust (NYSE:VOC - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 14,900 shares, a decline of 29.0% from the September 15th total of 21,000 shares. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily tradin ...Read More >
Mumbai (Maharashtra) [India], October 28 (ANI): V.O. Chidambaranar Port (VOC Port), Tuticorin, is positioned as India's southern hub for green shipping corridors, leading the way in renewable energy, energy efficiency, and green hydrogen production. The Port took centre stage on the second day of India Maritime Week 2025, celebrated as Green Maritime Day at Hall 4 (Yellow Sea), NESCO Exhibition Centre, Mumbai. VOC Port, Tuticorin is the nodal organisation for Green Maritime Day organised by the ...Read More >
This includes around 130 square km of pristine forest inhabited by the Nicobarese, a Scheduled Tribe (ST), and the Shompens, a Particularly Vulnerable Tribal Group (PVTG), whose population is estimated to be between 200 and 300. In a detailed letter to Environment Minister Bhupender Yadav, the signatories said it was "disingenuous to label what is essentially a commercial project as a strategic one and invoke national security whenever questions on the project are raised". They cautioned that ...Read More >
Berhampur: Odisha provided shelter to over 100 fishermen from Andhra Pradesh on Monday after they returned from deep sea operations ahead of the impending landfall of cyclonic storm 'Montha'. These fishermen have been provided shelter in Ganjam district in view of the adverse weather conditions caused by cyclone Montha. They will be sent to their home state after the situation becomes normal, Ganjam Collector Keerthi Vassan V said. The fishermen of various areas of Andhra Pradesh were in the d ...Read More >
New Delhi: The Congress on Tuesday slammed as "specious argument" Home Minister Amit Shah's remarks that the Great Nicobar Island Development Project will increase the country's maritime trade multiple times. Congress general secretary in-charge communications and former environment minister Jairam Ramesh asserted that the project's "devastating ecological and social impacts are beyond doubt". The opposition party's attack on the government came a day after over 70 scientists, environmentalist ...Read More >
The tri-service all-women expedition 'Samudra Pradakshina' featuring nine officers began its global journey aboard IASV Triveni. Arriving in Fremantle, it demonstrates Indian women's leadership in armed forces and aims to strengthen India's maritime diplomacy. The yacht, symbolizing Atmanirbhar Bharat, will tackle challenges over nine months across 26,000 nautical miles. The Indian Army Sailing Vessel (IASV) Triveni embarked on a pioneering journey as part of the 'Samudra Pradakshina', the worl ...Read More >
Maharashtra has signed 15 agreements totaling Rs 56,000 crore for maritime projects. These investments will expand port facilities and develop shipyards. Agreements include Adani Group's Dighi port expansion and JSW Group's Jaigad port development. A water taxi service will connect Navi Mumbai airport to Gateway of India. A new marina is also planned for Mumbai. Chief Minister Devendra Fadnavis on Monday announced that Maharashtra has signed 15 agreements totalling investments of Rs 56,000 cror ...Read More >
Mumbai: The state government on Monday signed as many as 15 memorandums of understanding (MoUs) worth ₹55,969 crore, coinciding with the first day of the India Maritime Week 2025. The MoUs, all related to maritime trade and industry, were signed in the presence of chief minister Devendra Fadnavis at the NESCO Exhibition Centre in Mumbai. The biggest MoU, worth ₹42,500 crore, was signed with Adani Ports and Special Economic Zone (APSEZ), for expansion of the port at Dighi. APSEZ had acquired 100 ...Read More >
Direct flights have resumed between India and China after a five-year hiatus, the latest sign of warming relations between the world's two most populous countries. IndiGo flight 6E 1703 departed from India's Kolkata airport at 10pm on Sunday, touching down in the southern Chinese city of Guangzhou some three-and-a-half hours later. Flights between India and mainland China had been suspended since early 2020 at the onset of the Covid-19 pandemic and remained halted after a deadly clash on their ...Read More >
Mumbai: Chief Minister Devendra Fadnavis expressed confidence that Maharashtra will lead the country in the fields of maritime trade and industry through the Memorandums of Understanding (MoUs) signed today. A total of 15 MoUs were signed in the presence of the Chief Minister during India Maritime Week 2025, held at NESCO, Goregaon. Also present were Fisheries and Ports Minister Nitesh Rane, Additional Chief Secretary (Ports) Sanjay Sethi, CEO of Maharashtra Maritime Board P. Pradeep, and repre ...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 >
Mumbai: India will aim to handle roughly a third of global seaborne trade by 2047, union ports, shipping and waterways minister Sarbananda Sonowal said Monday. This will be supported by a fourfold increase in port capacity and the development of deep-draft mega ports, the minister said addressing attendees at the India Maritime Week 2025 in Mumbai. "India currently handles about 10% of seaborne trade, and our goal is to triple it by 2047," the minister said. In the past decade, the nation's po ...Read More >
Mumbai (Maharashtra) [India]October 27 (ANI): Prime Minister Narendra Modi will visit the Indian Maritime Week (IMW) 2025 on October 29, where he will visit exhibition centers and experience zones before addressing a global gathering, Union Minister for Shipping, Ports and Waterways Sarbananda Sonowal said on Monday. The historic maritime event, inaugurated by Union Home Minister Amit Shah, attracted participation from over 85 countries, with participation of over 350 speakers from across the w ...Read More >
Mumbai, Oct 27 (SocialNews.XYZ) Union Road Transport and Highways Minister Nitin Gadkari on Monday highlighted that India's maritime sector, valued at nearly $1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. The minister was addressing the India Maritime Week 2025 here, focusing on the theme "Innovative Mechanisms for Ship Financing". Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilising Rs 1.4 lakh cro ...Read More >
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