JSW Infrastructure has secured a Rs 740-crore port project from Syama Prasad Mookerjee Port Authority to reconstruct berth 8 and mechanize berth 7 at Netaji Subhas Dock. Awarded under the PPP model with a 30-year concession, the project aims to enhance container handling capacity.
JSW Infrastructure bags Rs 740 cr project from Kolkata port
Kaladan Multi-Modal Transit Transport Project to be fully operational by 2027: Sarbananda Sonowal
12 months ago
Union Minister Sarbananda Sonowal announced the Kaladan Multi-Modal Transit Transport Project, enhancing Northeast India-Myanmar connectivity, will be fully operational by 2027. With a Rs 5,000 crore investment, the government aims to boost waterways and maritime sectors, training 50,000 Northeast youth for maritime jobs.
The Kaladan project, linking India and Myanmar, aims to boost Northeast connectivity. Union Minister Sarbananda Sonowal announced its completion by 2027. This project will shorten the Aizawl-Kolkata distance by 700 km. The Sittwe port is ready, and road development is underway. The project receives significant investment to develop waterways. It will transform the Northeast into […]
Faced with potential US tariffs, India is exploring strategies to reduce its trade surplus. Increasing imports from the US in sectors like energy and aviation, alongside diversifying export markets, could mitigate tariff exposure. While challenges exist, these adjustments aim to strengthen Indo-US relations and balance India’s trade portfolio.
Trump says US ‘very close’ to a trade deal with India
12 months ago
India US Trade Deal News: President Trump announced the U.S. is nearing a trade agreement with India, extending the deadline for reciprocal tariffs to August 1. This follows finalized agreements with the UK and China. The administration has notified 14 other countries of substantial new tariffs starting in August, amidst ongoing free trade agreement talks […]
Amidst rising apple imports and US pressure to cut farm tariffs, Minister Goyal stated the government will review protections for homegrown apples, balancing grower support with consumer affordability. India imports 4.5-5 lakh tonnes of apples annually, with the US seeking preferential duty access.
India is preparing a new plan. This plan aims to boost Indian ships. The current scheme is likely to miss targets. The government wants to be a key maritime player. Consultations identify demand for 200 new ships. These ships are worth ₹1.3 lakh crore. The petroleum, steel, and fertiliser sectors need them. The goal is […]
India and the US are on the verge of finalizing a mini trade deal, potentially excluding sensitive sectors like dairy and agriculture. The agreement, expected to be announced soon, will initially focus on trade in goods.
India-US likely to take final decision on mini trade deal within 48 hours, CNBC-TV18 reports
12 months ago
India and the United States may finalize a mini trade deal in the next 48 hours. CNBC-TV18 reports that discussions are complete. Negotiations for a larger deal will commence after July 9. The mini trade deal is expected to have average tariffs of 10%. Sources familiar with the matter provided this information. Further details are […]
Indian industry is prepared for any outcome regarding the proposed bilateral trade agreement with the United States, Confederation of Indian Industry (CII)said on Wednesday, emphasizing that the country’s business sector will not pursue deals that compromise national interests.