The tug’s primary roles will include towing ships at sea, both alongside and astern, assisting them during berthing and casting off, and aiding in turning through pushing and pulling, the GRSE official said. The vessel will also have the capability to carry out rescue and salvage operations at sea.
PSU shipyard GRSE to build ocean-going tug for Bangladesh
The government has permitted global tenders for 354 medical devices to address the lack of domestic options, potentially enhancing access to advanced medical technology not currently available in India, according to sources. The finance ministry issued a notification allowing this exception to the public procurement policy, which typically favors domestic sourcing. This move is seen […]
Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today’s rapidly growing clean energy technologies – from wind turbines and electricity networks to electric vehicles.
India has strictly limited milk and milk product imports under tariff rate quotas (TRQs) in accordance with WTO commitments. Santosh Sarangi, director general of foreign trade, confirmed that no TRQ imports are planned for the current year. TRQ imports have occurred only three times in recent years, managed exclusively by cooperatives and state-owned entities, following […]
JSW Infrastructure to re-evaluate strategy for Tajpur port project ‘if it comes for re-bidding’: Official
2 years ago
JSW Infrastructure Ltd remains interested in the Tajpur deep sea port project in West Bengal, open to reassessing strategies if the project is re-bid, following Adani Ports and SEZ Ltd winning the last tender. Chief Minister Mamata Banerjee’s announcement of a new tender has created uncertainty. APSEZ and JSW Infra are key players in the […]
India’s thriving investment appeal is evident with high foreign remittances and FII inflows, while regulatory reforms and sector openings attract global interest. Elon Musk’s potential investments in the space and EV sectors signal promising developments for India’s economic growth and international partnerships.
India’s merchandise exports show growth despite a widened trade deficit, reflecting a positive economic outlook. The Commerce Minister’s participation in the gem and jewellery industry program signifies confidence in the country’s economic trajectory.
India initiates anti-dumping probe into import of glass fibre from China, Thailand, Bahrain
2 years ago
India has launched an anti-dumping investigation into the import of glass fibre from China, Thailand, and Bahrain in response to a complaint by a local manufacturer. The probe, led by the Directorate General of Trade Remedies (DGTR) under the commerce ministry, aims to safeguard domestic industries from inexpensive imports. Owens-Corning (India) has filed for this […]
India’s steel and trade ministries are discussing the increasing imports of steel, especially the influx of cheap Chinese goods, according to a government source. The talks come amid ongoing requests from top producers for higher tariffs. India became a net steel importer in the fiscal year ending in March, with finished steel imports reaching a […]
Exporters have raised concerns over the short two-month extension of the Interest Equalisation Scheme (IES), exclusively for MSMEs, impacting labor-intensive exports. FIEO president Ashwani Kumar emphasised the scheme’s broad benefits for various exporters and urged the Commerce Minister to restore the full scheme to support struggling sectors facing challenges like increased freight rates and rising […]