The approval of two bills advances the country’s legislative intent to align its shipping laws with global standards. India’s shipping sector received a major legislative boost on Wednesday as Parliament passed two landmark bills introduced by the Ministry of Ports, Shipping and Waterways: the Merchant Shipping Bill, 2025 and the Carriage of Goods by Sea...
FlashNews:
India Plans Airport-Centric Real Estate Push; Naidu Targets 15% Economic Growth
NALCO’s Lithium Leap: Head Reveals Timeline for Argentina Mines, Global Expansion Plans
Mumbai-Ahmedabad Bullet Train Gains Momentum with Major Civil Works Milestones
ONGC Begins Gas Sales from Chinnewala Tibba Block, Boosting Rajasthan’s Energy Grid
OIL-BPCL Join Hands for City Gas Network Rollout in Arunachal Pradesh
Government push makes India’s maritime sector future-ready, unlocking $1 trillion potential”: Sonowal
ISRO Innovations Continue to Reach Industry as IN-SPACe Signs Five New Deals
India Launches Maritime Hackathon at IIT-Madras to Power Port-Tech Startups Ahead of Maritime Week 2025
CAE, InterGlobe JV Opens Fourth Commercial Aviation Training Centre in India to Meet the Country’s Soaring Pilot Demand
India’s Space Vision 2040: Jitendra Singh Says Astronaut Will Announce ‘Viksit Bharat’ from Moon
India May Launch Dedicated Maritime Satellite to Boost Coastal Governance: Sonowal
Modi Inaugurates ₹18.7 Billion Aunta-Simaria Ganga Bridge to Link North and South Bihar
Biofuels Earn Farmers $15 Billion Over 11 Years, Says Puri; Reaffirms Commitment to Shield Consumers from Fuel Price Volatility
Reacting to Trump tariffs, India, Brazil expand oil ties: S&P Global Commodity Insights
Jupiter Wagons Secures $25.8 Million Vande Bharat Wheelset Order, Plans Major Odisha Expansion
WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
IHCL to redevelop historic Chotelal Ki Ghat in Kolkata under heritage-led riverfront initiative
India’s Airline Profitability to Dip Amid Airspace Disruptions and Safety Concerns: Crisil Ratings
Welspun One Expands South India Warehousing Portfolio with $258 Million Investment
Tag: Rajya Sabha
Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha
The Andaman Basin emerges as a key frontier in India’s energy exploration, with drilling operations by ONGC and OIL targeting depths of up to 5,000 metres in ultra-deepwater regions. India is witnessing a renewed surge in oil and gas exploration, particularly offshore, revealing vast untapped hydrocarbon potential. In a written reply to a starred question...
Way Cleared for Major Reforms in Metals &Minerals Sector
The passage of the Mines and Minerals (Development and Regulation) Amendment Bill, 2021, by Parliament’s upper house, Rajya Sabha, is expected to clear the way for long-pending structural reforms in the mining sector to ensure the “mineral security” of the nation. This amends the Mines and Minerals (Development and Regulation) Act, 1957. The Bill was...
Port of Opportunities!
With an outlay of Rs 1,773 for the year 2017û18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.
Centre releases details on nuclear energy generation
The electricity generation from nuclear power in the last two years, i.e., 2014-15 and 2015-16, was 37,835 million units (MU) and 37,456 MU respectively. The generation in 2014-15 was 35,592 MU of commercial generation and 2,243 MU of infirm (non commercial) generation, while the entire generation in 2015-16 was commercial.
Air India to post operating profit of Rs 300 crore this financial year
Air India is projected to post an operating profit of Rs 300 crore in the current fiscal and there is no plan to privatise the airline, the government has confirmed.
What GST holds
All states will implement GST by July 2017. The Constitution Amendment Bill for Goods and Services Tax has been approved by the President of India post its approval in Parliament (Rajya Sabha on 3 August 2016 and Lok Sabha on 8 August 2016) and ratification by more than 50 per cent of state legislatures.
Strategic Petroleum Reserves created at 3 locations
Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Rajya Sabha in a written reply that under the Strategic Petroleum Reserve project Phase-I, underground rock caverns for storage of 5.33 MMT of crude oil at three locations, viz. Vishakhapatnam (1.33 MMT), Mangalore (1.50 MMT) and Padur (2.5 MMT) have been created.
Steel sector contributes 2percent to GDP in 2015-16
The Indian steel sectorÂ’s contribution to overall Gross Domestic Product of the country was nearly 2 per cent during 2015-16.
Mandaviya takes over as MOS
Mansukh Lal Mandaviya has assumed the charge of Minister of State, Ministry of Road Transport & Highways and Shipping from July 11, 2016. He is a BJP MP (Rajya Sabha) from Gujarat.