A vessel carrying 22,000 tonnes of Indian wheat sailed for Iraq early this week, nearly 20 months after Baghdad rejected consignments from the subcontinent over quality concerns, traders said on Thursday.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
In the next 25 years, the Mumbai port will need five terminals because the current passenger traffic of 200,000 is expected to climb to 4 million.
Gujarat state administration is preparing to face 'Cyclone Nilofar', which has developed in the Arabian Sea and is likely to move towards the state's coast, Gujarat meteorological department said.
'We will be able to provide 450 square feet house in Rs 5 lakh,' Nitin Gadkari said.
The Chabahar port, located in the Sistan-Balochistan province on the energy-rich Persian Gulf nations southern coast, lies outside the Persian Gulf and can be easily accessed from India's western coast, bypassing Pakistan.
The Shipping Ministry will award 30 port projects during the current financial year, which are likely to come up at an investment of about Rs 25,000 crore (Rs 250 billion).
On June 1, 2010, under Indian Ports Act, 1908, govt declared Port Blair as 13th major port in India
A task force, under the chairmanship of the secretary (tourism), with the secretary (shipping) as co-chairperson, has been constituted to promote cruise tourism in the country, reports Megha Manchanda.
The Directorate of Revenue Intelligence (DRI) has slapped a Rs 5,500-crore show-cause notice on Adani group for alleged over-valuation of capital equipment imports.
The decision was taken in the meeting of the Board of Approval headed by Commerce Secretary Rajeev Kher on September 18.
Different circuits have been designed, depending on the tourists' preference, connecting the Rann Utsav at Kutch with the ports at Mundra and Kandla.
The government is considering giving financial incentives of up to Rs 1.5 lakh on surrender of over-ten-year-old vehicles to check pollution.
The Development Commissioners have recommended to the Board of Approval to cancel these SEZ projects.
"The prime minister is afflicted with an unhealthy mindset," Sharma said.
Each port will construct one smart city.
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tons per annum by 2020.
UDAN demonstrates that good policy-making can fulfill important public requirements without requiring budgetary support, says MoS for civil aviation Jayant Sinha.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
Indian cotton and paddy could see their competitiveness in international markets take a hit
Modi laid the foundation stone of a four-lane cable-stayed bridge between Okha and Beyt Dwarka.
India owes Iran around $8.8 billion primarily on account of crude oil imports.
The move will lead to augmentation of water infrastructure in the country
The Modi government's appalling inefficiency and lack of purpose stand exposed, says Ambassador M K Bhadrakumar.
Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.
Colombo can handle more container traffic than all of India's ports put together. For a country with a long maritime tradition, this is a pathetic state of affairs, saya T N Ninan.
An estimated 30,000 people along coastal areas will be moved to safer places in Kutch district of Gujarat from Wednesday as the very severe cyclonic storm Nilofar hurtles towards the state and slams it by November 1 afternoon.
Commerce ministry monitoring remedial measures to promote exports in key markets.
Indian Navy on Saturday commissioned a new base, INS Sardar Patel, in Porbandar, Gujarat.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
Finance firms in these SEZs likely to get tax breaks.
India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
'If my understanding is correct, one has to file not less than 37 returns per year for every ordinary business, and that too per state.' 'If you are doing businesses in Chennai, Bangalore and Hyderabad, you have to file 37x3 returns every year!' 'The consequence of GST will be chaos, confusion and possibly economic crisis.'
Adani Enterprises plans to invest a total of $25 billion in the next five years.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The public-private partnership model is a compulsion, says the minister.
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