News for 'PORT'

India, Sri Lanka sign major defence pact

India, Sri Lanka sign major defence pact

Rediff.com5 Apr 2025

Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.

Sensex jumps 1,397 pts as Trump delays tariffs

Sensex jumps 1,397 pts as Trump delays tariffs

Rediff.com4 Feb 2025

From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.

What Politicians Said In Lead-Up To Nagpur Riots

What Politicians Said In Lead-Up To Nagpur Riots

Rediff.com19 Mar 2025

Before the violence and rioting that erupted in Nagpur on Monday, March 17, over Mughal emperor Aurangzeb's tomb came provocative statements from various political leaders.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

Chinese spy warship docks in Colombo port, 2nd in year

Chinese spy warship docks in Colombo port, 2nd in year

Rediff.com11 Aug 2023

A Chinese Navy warship capable of surveillance has docked at the Colombo port, nearly a year after another spy vessel berthed at a strategic port in the country and raised concerns in India.

'Pakistan Seen As A State Devoid Of Hope'

'Pakistan Seen As A State Devoid Of Hope'

Rediff.com28 Mar 2025

'No military offensive by Pakistan will end the insurgency in Balochistan without simultaneous, concerted efforts toward political dialogue to de-escalate tensions.'

Adani commits Rs 2.3 lakh cr investment in Odisha

Adani commits Rs 2.3 lakh cr investment in Odisha

Rediff.com28 Jan 2025

Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 - the state's investor meeting.

Why a Pakistani man living in police station in Mumbai

Why a Pakistani man living in police station in Mumbai

Rediff.com20 Feb 2025

A 65-year-old Pakistani man, Nadir Munir Khan, has been residing in a room at the Mata Ramabai Ambedkar Marg police station in Mumbai for the past four months, awaiting deportation after serving a sentence for illegal entry into India. He was arrested in April 2024 for being found roaming suspiciously near Chhatrapati Shivaji Maharaj Terminus without a visa or necessary documents. Khan claims he was cheated in Nepal, assaulted, and robbed, leading him to enter India illegally. The police have contacted Pakistani authorities and are awaiting their response for Khan's deportation.

India temporarily shifts embassy from Khartoum to Port Sudan

India temporarily shifts embassy from Khartoum to Port Sudan

Rediff.com2 May 2023

India has decided to temporarily relocate its embassy from the violence-hit Sudanese capital city of Khartoum to Port Sudan in view of the prevailing security situation in the African country.

Modi raises anti-India activities in NZ with visiting PM

Modi raises anti-India activities in NZ with visiting PM

Rediff.com17 Mar 2025

India and New Zealand have signed a pact to institutionalize their defence ties and vowed to boost cooperation in the Indo-Pacific. Prime Minister Narendra Modi raised concerns about anti-India activities by some illegal elements in New Zealand with his Kiwi counterpart Christopher Luxon. The two sides also signed six agreements to enhance cooperation in areas including education, sports, agriculture, and climate change. They also agreed to prepare a roadmap for cooperation in the defence industry sector and explore early implementation of cooperation in the digital payments sector.

35 Years After IPKF's Return, Tamil Politics Has Changed

35 Years After IPKF's Return, Tamil Politics Has Changed

Rediff.com24 Mar 2025

Since the IPKF's withdrawal from Sri Lanka in March 1990, the LTTE's once-powerful influence in Tamil Nadu has faded.

Sensex drops 122 points; Nifty falls to 23,045

Sensex drops 122 points; Nifty falls to 23,045

Rediff.com12 Feb 2025

Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,486.41 crore on Tuesday, according to exchange data.

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

Rediff.com16 Mar 2025

India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.

2 held in Port Blair for leaking defence secrets to Dubai woman

2 held in Port Blair for leaking defence secrets to Dubai woman

Rediff.com11 Oct 2023

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.

Markets rise on buying in bellwether stocks

Markets rise on buying in bellwether stocks

Rediff.com15 Jan 2025

NTPC, Power Grid, Kotak Mahindra Bank, Maruti, Tech Mahindra, Larsen & Toubro, Reliance Industries and Adani Ports were the other big gainers. Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, Axis Bank and Tata Motors were among the laggards.

Adani withdraws from $1 bn Sri Lanka power project

Adani withdraws from $1 bn Sri Lanka power project

Rediff.com13 Feb 2025

Adani Green Energy, the renewable arm of billionaire Gautam Adani's conglomerate, has withdrawn from two proposed wind power projects in Sri Lanka, following the Island nation's new government deciding to renegotiate tariffs. "Adani Green Energy has conveyed its Board's decision to respectfully withdraw from further engagement in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka," the firm said in a statement.

What You Must Know About Vizhinjam Port

What You Must Know About Vizhinjam Port

Rediff.com1 Dec 2022

The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.

Dealers optimistic about future of cement industry

Dealers optimistic about future of cement industry

Rediff.com16 Mar 2025

After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.

Selling in HDFC Bank, RIL drag markets down

Selling in HDFC Bank, RIL drag markets down

Rediff.com3 Mar 2025

From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.

In Marseille, Modi recalls Savarkar's 'courageous escape'

In Marseille, Modi recalls Savarkar's 'courageous escape'

Rediff.com12 Feb 2025

Prime Minister Narendra Modi paid homage to the memory of freedom fighter V D Savarkar in Marseille, France, where Savarkar had attempted a daring escape from British custody in 1910. Modi also inaugurated a new Indian Consulate in the city, marking a significant step in strengthening India-France ties. The prime minister's visit includes a series of engagements with French President Emmanuel Macron, including a visit to the Mazargues War Cemetery to honor Indian soldiers who died in the World Wars. They will also tour the International Thermonuclear Experimental Reactor (ITER) project.

Rest In Peace, Voice Of America

Rest In Peace, Voice Of America

Rediff.com4 Apr 2025

What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.

Russia's Rosatom Ships N-Reactor For Kudankulam

Russia's Rosatom Ships N-Reactor For Kudankulam

Rediff.com13 Jan 2025

Kudankulam will house the largest nuclear power plants in India and the flagship project of Russian-Indian technological and energy cooperation.

INS Tushil Arrives In London

INS Tushil Arrives In London

Rediff.com25 Dec 2024

INS Tushil made its first port call to London as a part of its maiden operational deployment.

Quite shocking: Tharoor on Maha minister's 'EVM' remark

Quite shocking: Tharoor on Maha minister's 'EVM' remark

Rediff.com11 Jan 2025

BJP leader Nitesh Rane reportedly made derogatory remarks saying, "EVM means, Every Vote against Mullah."

No development funds for MVA, only Mahayuti: Maha minister Rane

No development funds for MVA, only Mahayuti: Maha minister Rane

Rediff.com13 Feb 2025

Maharashtra Minister Nitesh Rane, a BJP leader, has sparked controversy by stating that supporters of the Shiv Sena (UBT) and other opposition parties will not receive development funds for their areas. He urged opposition party members to join the BJP if they wanted development in their constituencies. His remarks drew strong criticism from opposition leaders, who questioned his adherence to his oath of office.

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Rediff.com19 Jan 2024

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.

'No second thoughts on Great Nicobar Port'

'No second thoughts on Great Nicobar Port'

Rediff.com11 Apr 2023

'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'

Road, rail, coal may dominate National Monetisation Pipeline 2.0

Road, rail, coal may dominate National Monetisation Pipeline 2.0

Rediff.com20 Feb 2025

Roads, railways, and coal together are likely to account for 70 per cent of the government's takings from the upcoming second edition of the National Monetisation Pipeline (NMP), set to run from FY26 to FY30. In comparison, these three sectors are estimated to have contributed 66 per cent in the first edition of the NMP - FY22 to FY25.

Relentless FII selling hits market sentiments; Sensex down 200 points

Relentless FII selling hits market sentiments; Sensex down 200 points

Rediff.com14 Feb 2025

From the 30-share blue-chip pack, Adani Ports dropped over 4 per cent. UltraTech Cement, Sun Pharma, IndusInd Bank, NTPC and Tata Steel were also the among the laggards. Nestle, ICICI Bank, Infosys, Tata Consultancy Services and HCL Tech were among the gainers.

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

Syed Abid Ali: A Panther On The Field

Syed Abid Ali: A Panther On The Field

Rediff.com17 Mar 2025

Abid Ali's contributions to Indian cricket remain etched in history. His spirit, sportsmanship, and selfless play defined an era, and his legacy will endure in the annals of the game.

Port Blair Airport Gets New Terminal

Port Blair Airport Gets New Terminal

Rediff.com18 Jul 2023

Prime Minister Narendra D Modi virtually inaugrated the new terminal building of the Veer Savarkar International Airport in Port Blair, the capital city of the Andaman and Nicobar Islands on Tuesday, July 18, 2023.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Rediff.com22 Jan 2025

Among Sensex shares, Infosys, Tata Consultancy Services, Tech Mahindra, Sun Pharmaceutical, Bajaj Finserv, HCL Technologies, Bajaj Finance, HDFC Bank, IndusInd Bank and Kotak Mahindra Bank were among the gainers. Tata Motors, PowerGrid, Axis Bank, State Bank of India, NTPC, Tata Steel and Adani Ports were the major laggards.

Sinking ferry passengers considered throwing kids into sea: CISF rescuers

Sinking ferry passengers considered throwing kids into sea: CISF rescuers

Rediff.com21 Dec 2024

A team of CISF marine commandos rescued dozens of passengers from a sinking tourist ferry off the Mumbai coast, preventing panicked parents from throwing their children into the sea. The commandos reached the accident site within minutes and prioritized rescuing children and other vulnerable passengers. They also administered CPR to several victims and helped recover belongings from the water.

Sensex crashes 1,235 points to 7-month low of 75,838

Sensex crashes 1,235 points to 7-month low of 75,838

Rediff.com21 Jan 2025

Among Sensex shares, Zomato, NTPC, Adani Ports, ICICI Bank, State Bank of India, Reliance Industries, Mahindra & Mahindra, Bajaj Finance, Tech Mahindra and Axis Bank were the major laggards. UltraTech Cement and HCL Technologies were the only gainers.

'China To Gain Most From Trade Wars'

'China To Gain Most From Trade Wars'

Rediff.com25 Mar 2025

'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'

Sensex spurts 454 points; Nifty closes above 23,300

Sensex spurts 454 points; Nifty closes above 23,300

Rediff.com20 Jan 2025

Bajaj Finance, Bajaj Finserv, NTPC, State Bank of India, Power Grid, HDFC Bank, Tech Mahindra and Asian Paints were the other gainers. However, Zomato, Adani Ports, Tata Consultancy Services, Mahindra & Mahindra, Maruti and Tata Motors were among the laggards.

Sensex drops 313 points ahead of RBI's rate decision

Sensex drops 313 points ahead of RBI's rate decision

Rediff.com5 Feb 2025

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.