Meanwhile, the Indian National Centre for Ocean Information Services (INCOIS) issued high sea waves, up to 4.7 metres high, warning across several coastal districts.
The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
The Odisha Police on Wednesday beefed up security at port town Paradip after the arrival of a ship with 21 Pakistani crew members on board, officials said.
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement.
There was no report of any loss of properties or casualty so far, a senior official of the Odisha revenue department said, adding that the impact of the earthquake was "negligible" as its centre was in the Bay of Bengal.
South Korean steel giant Pohang Steel Company (Posco) has abandoned its plan to use the Paradip Port due to its low cargo-handling capacity and instead decided to develop a new port, six kilometres from Paradip, at a cost of about $200 million.
Power supply was yet to be restored in around 50,000 households in cyclone-hit areas in Kendrapara, Bhadrak and Balasore districts, Odisha Chief Minister Mohan Charan Majhi has said.
More than 150 express/passenger trains running through South Eastern Railway jurisdiction have been cancelled in view of the severe cyclonic storm, an SER official said.
As Odisha and West Bengal are bracing for a severe cyclonic storm, governments of both states started evacuating people and while deciding to close educational institutions in vulnerable areas.
Nayak had earlier resigned from the BJD and joined the BJP and got a nomination from the saffron party.
The cyclonic storm is likely to make landfall between Bhitarkanika National Park and Dhamra Port in Odisha early Friday with wind speeds of up to 120 kilometres per hour (kmph), it said.
However, there was no report of any major damage or casualty so far even as the landfall process started more than an hour ago, the official said.
As Cyclone Dana barrels toward the coasts of Odisha, threatening to impact nearly half of the state's population, the government is racing against time to execute a massive evacuation plan aimed at relocating about 10 lakh people in several coastal districts to safety. In West Bengal, the cyclone is set to bring heavy rainfall in several southern West Bengal districts, including Kolkata, the India Meteorological Department (IMD) has said.
The landfall process of the severe cyclonic storm Dana was complete on Friday morning and the system took at least eight and half hours to enter the landmass, India Meteorological Department (IMD) said.
This is the first cyclone in the Bay of Bengal this pre-monsoon season.
A deep depression over the Bay of Bengal intensified into a cyclonic storm, named Remal, on Saturday evening and is likely to turn severe before making landfall between the coasts of West Bengal and Bangladesh on Sunday midnight, the India Meteorological Department (IMD) said.
As severe cyclonic storm 'Remal' initiated its landfall process between the coasts of Bangladesh and adjoining West Bengal on Sunday evening, authorities took swift action, evacuating over 1 lakh people from vulnerable areas of the state to safety.
The bird was caught on Wednesday, and it was fitted with devices which appear to be a camera and a microchip, officials said.
BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after assuming charge of the ministry for the second time. "Why would we divest ourselves of highly successful Maharatnas like BPCL," Puri said, arguing the Centre was not in favour of divesting its stake in oil PSUs.
India's private and state government-owned ports (non-major ports) continued to grow faster than those owned by the Centre (major ports) through the first three quarters of 2023-24 (FY24), cargo handling data shows. At 604 million metric tonnes (mmt), cargo at major ports grew by 5 per cent between April and December, while non-major ports' cargo traffic growth was 11 per cent at 531 mmt. During December 2023, central government-owned ports in India handled cargo volumes of 69.9 mmt, a tepid year-on-year (Y-o-Y) growth of 0.7 per cent.
The Russian, identified as Milyakov Sergey, was found dead in a ship anchored at Paradip Port in Jagatsinghpur district.
The administration sent another vessel which rescued the Union Minister for Fisheries, Animal Husbandry & Dairying and took him to his destination. He was accompanied by BJP national spokesperson Sambit Patra and a few other local party leaders while being stranded on the boat.
The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.
'Dense' to 'very dense' fog prevailed in parts of Punjab, Haryana, west Rajasthan, Bihar, Delhi, west Uttar Pradesh, Jharkhand, Odisha and Assam.
Engineering conglomerate Larsen & Toubro (L&T) is preparing the ground to begin the commercial sale of electrolysers in September, which would be 50 per cent cheaper than its European counterparts, a senior company executive has said. An electrolyser is a key equipment required for the generation of green hydrogen. Last quarter, L&T manufactured its first electrolyser as a prototype.
Trinamool Congress is the second highest recipient of political donations through electoral bonds.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
The Odisha government has asked all the district collectors to remain prepared for any eventuality, and directed the administration to evacuate people from low-lying areas in the event of heavy rain.
Congress president Mallikarjun Kharge on Monday expressed apprehension that the 2024 Lok Sabha elections would be the last opportunity for the people to save democracy, as Prime Minister Narendra Modi might prefer dictatorship in case his party wins the upcoming polls.
She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.
Coast Guard ships patrolling the Bay of Bengal distributed National Flags to fishermen operating around Paradip as part of the Har Ghar Tiranga initiative.
There were multiple claimants for 15 bodies and the DNA reports were received from the central laboratory in Delhi after about 20 days, officials said.
Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.
The system moved north-northeastwards at 20 kmph in the last six hours and is over west-central Bay of Bengal, 90 km from Gopalpur, 120 km from Puri and 210 km from Paradip, the weather office said in its 11.30 am bulletin.
Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.
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Even as cyclone Fani made landfall on Friday morning near Puri in Odisha, various states took measures on a war footing to mitigate the suffering caused to the common man. Here's a photo essay on how states tackled the most powerful cyclone to hit India in 20 years.
The protocol is being maintained with all help in case of fever or sickness to those on board.
These mega projects, worth about Rs 1 trillion, would boost the economy, ensure smooth supply of petroleum products across the nation and also provide the much-needed relief to people looking to get back to work after the lockdown.
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