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India’s Rajya Sabha Passes Bills of Lading, 2025: A Landmark Maritime Reform

India’s Rajya Sabha Passes Bills of Lading, 2025: A Landmark Maritime Reform

Once enacted, it will replace the 169-year-old colonial-era Indian Bills of Lading Act, 1856, establishing a simplified and globally aligned legal framework for maritime shipping documentation in India. In a significant boost to India’s ports and shipping sector, the Rajya Sabha passed the Bills of Lading, 2025, on the first day of its monsoon session...

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AAI, RIL to form JV for jet fuel supply

AAI, RIL to form JV for jet fuel supply

To supply jet fuel to carriers at reduced prices, Airports Authority of India (AAI) will form a joint venture (JV) with local airlines and oil companies and Reliance Industries (RIL) will be a part of it, AAI's Chairman VP Agrawal said on April 16. The Airports Authority of India will own a 13 per cent stake in the JV and the rest will be held by oil companies and airlines, he said.