India has flown in an officer to observe the investigations. The ship is owned by a Turkish company and registered in Panama. So, India cannot conduct the investigation officially because neither the ship is owned by an Indian nor is it registered in India.
The commerce department has reaffirmed its plans to launch the 'Trade Connect' e-platform to help exporters connect with stakeholders of international trade, as a part of the new government's 100-day action plan, a senior government official said.
The magistrate court has remanded the accused Pakistani national Subair, who was arrested by the Narcotics Control Bureau to 14 days of judicial custody.
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
About 1.2 trillion tax evasion cases have been detected and as many as 59,000 entities identified for verification in order to ascertain whether they are fake.
The Directorate General of Shipping on Monday said that a vessel, with at least 10 Indians onboard, was hijacked off the Somalian coast on Saturday. According to reports, the ship, MV Victoria, sailed from Mumbai earlier this month with cargo and went missing approximately 55 nautical miles off the Somalian coast. "We are working for more details. Ship owners are supposed to inform, but they have not. We are trying to get more information," a top official told PTI.
The major advantages of such plants are no need of land to build the reactors, earthquake resistant, abundance of water for active or passive cooling.
The year was rich in content as far as Web series were concerned.
'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
A Hong Kong ship bound for Mumbai with 18 Indian crew members on board has been hijacked and taken to Somalia, officials in the Directorate General of Shipping said in Mumbai on Tuesday night.'Stolt Valor', which bears a Hong Kong flag and carries over 23,000 tonnes of oil products, is reported to have been hijacked in the Gulf of Aden on Monday at around 1.15 pm, they said.
The accused have been identified as Abhishek Kumar, a resident of Deoria district in Uttar Pradesh, and his friend Santu Biswas of West Bengal's Nadia district.
On Thursday, the bench, after perusing the plea copy, noted that Wankhede had approached the Central Administrative Tribunal, too, against the notices issued to him by the NCB.
An Indian Coast Guard Ship, designed and built by Cochin Shipyard Limited, was commissioned here on Monday by Flag Officer, Commanding-in-Chief, Southern Naval Command, Vice Admiral Sunil Lanba.
India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.
Union Defence Minister Manohar Parrikar on Monday commissioned four Indian Coast Guard vessels at port town of Vasco in Goa, which will be mainly used for patrolling and interception.
The Bombay high court on Monday said no coercive steps shall be taken against IRS officer Sameer Wankhede till April 10 on notices issued to him on the NCB's preliminary inquiry over irregularities in a drugs case related to actor Sushant Singh Rajput's death.
The central government's Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
The navy received information about the vessel, responded to the distress call and the Pakistan Maritime Information Centre requested a nearby merchant ship "MT KRUIBEKE" to provide necessary assistance to the stranded crew of the Indian vessel.
Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency.
The government has asked Indian ships sailing in the Malacca Strait and South East Asia to be 'extra cautious' and take necessary security steps in view of rising incidents of hijacking and robbery
India's exports to Iran have been falling over the last one year, amid decline in rupee reserves of the West Asian economy. Going ahead, the possibility of augmenting exports to Iran may not be easy for India, considering the geopolitical tensions - Russia-Ukraine and Israel-Hamas conflicts - and the West Asian country's support for Russia and Hamas, people aware of the matter said. Exports to Iran saw a downward spiral since November last year.
India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.
China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster "stronger" bilateral ties with Male, weeks after President Mohamed Muizzu set a deadline for the withdrawal of the first group of Indian military personnel from his island nation.
The government has banned exports of onion till March next year with a view to increase domestic availability and to keep prices in check. "Export policy of onions... is amended from free to prohibited till March 31, 2024," the Directorate General of Foreign Trade (DGFT) said in a notification. Local vendors in the national capital are selling onions at Rs 70-Rs 80 per kg.
The ICG and Gujarat Anti-Terrorist Squad apprehended the fishing boat in a joint operation in the high seas on Sunday afternoon, the coast guard said in a release in Ahmedabad.
Russian authorities on Wednesday resumed search operation for 10 missing sailors, including four Indians.
The trade to-and-from India so far is not affected. But if the situation continues to remain the same for the next two to three months, it could definitely hurt India trade, including essential cargo.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
The government on Thursday banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. There would be no change in export policy of par-boiled non-basmati rice and basmati rice, which forms the bulk of exports, the food ministry said in a statement. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country.
The Central Bureau of Investigation on Friday conducted searches at the premises of former Narcotics Control Bureau officer Sameer Wankhede after filing an FIR against him and four others for allegedly seeking Rs 25 crore bribe for not framing Shah Rukh Khan's son Aryan Khan in the drugs-on-cruise case, officials said.
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
The seizure, as per officials, is estimated to be worth over Rs 10 crore in the international market (about Rs 5K-7K per blot) and all the six who have been taken into custody, beginning late last month, are students and youngsters who wanted to make 'easy money' by remaining anonymous within the deep layers of secret internet-based apps and messenger service like WICKR.
The pharmacy, identified by the federal anti-narcotics agency as JR Infinity Pvt Ltd, was located at Domalguda in Telangana's capital city.
Twenty one Indian sailors aboard the ship MV Fairchem Bogey, which was hijacked last August, have been released by the pirates, the Directorate General of Shipping said on Saturday. This is the second piece of good news for the Indian seafaring community within a fortnight. Seventeen sailors from a hijacked Iranian ship had been released late in December. "All the 21 sailors are safe and the ship is now on its way to a safe port," said Director General of Shipping.
Seventeen containers on board amerchant vessel slipped off Okha West and began floating in sea prompting the Gujarat Maritime Board to sound an alert for ships approaching Gulf of Kutch, a major corridor for crude oil imports.
A Turkish oil-chemical tanker with an all Indian crew of 24 has been hijacked by pirates off the coast of the West African nation Gabon.
The company shipped the first lot of 140 units of its hatchback Chevrolet 'Beat' from the Mumbai port to Chile last Thursday.
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