The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
The Karnataka government has taken more initiative to probe into the illegal iron ore mining and export through ports in the state. A special court is to be established to try the cases related to the illegal iron ore mining. The Chief Minister Siddaramaiah will soon form a cabinet sub-committee to monitor and oversee all investigations.
From the end of September, Pradip Port Trust (PPT) agreed to handle export cargo of seafood or marine products through a designated container yard. The yard would handle marine products and refrigerated container cargo. The port authority agreed to handle the marine cargo during a meeting with the officials of the Seafood Expo
Media reports indicate that Iran is not favourable to India's proposal for increase crude oil import from the Persian Gulf nation. This is because Iran does not import enough commodities from India to compensate for its rise in crude oil export to
Mining firms are exporting iron ore in a big way on the back of increase in the price of the commodity in the global market and depreciation of rupee. Many miners are exporting iron ore fines and pellets to China as the price of the commodity rose considerably in recent days. Sources indicate that the prices of pellets rose from Rs 6,200 per tonne a month ago to Rs 6,700 per t
Mormugao Port Trust is taking steps to attract cargoes other than iron ore in order to ramp up its revenue, which took a hit following the decline in iron ore export. Over 80 per cent of the total traffic at the port consisted of iron ore export cargo till the mining ban in Goa affected shipment of the raw material
Srilalitha Enterprise Pvt Ltd is using Paradip Port to export rice to Indonesia. At the container yard of Paradip Port, 2,650mn t of rice was unloaded through 42 wagons from Raipur. Simultaneously ,the unloaded rice bags were stuffed into the containers. Unloading of rice from the wagons and loading into the container is being done under the sup
Iron ore miners want the government to withdraw the 30 per cent export duty on ore and removal of differential railway freight charged on ore meant for exports.Recently, Prime Minister Manmohan Singh said the government would do the needful to smoothen iron ore export to boost overall exports and bring down the curr
To export natural gas to Pakistan through a pipeline from its Punjab state, India is in talks with the neighbouring country to help it overcome crippling energy shortage. India's State gas utility GAIL has proposed to lay a 110-km pipeline from Jalandhar to Wagah border via Amritsar to supply natural gas to Pakistan, GAIL Chairman and Managing Director BC Tripathi has said.