SUSTAINABILITY IN SHIPPING
"Thank you, Britain!": Zelenskyy after call with UK PM on new British sanctions on Russia
President Zelenskyy thanked UK Prime Minister Starmer for new sanctions on Russia, viewing them as crucial for pressuring Moscow towards peace. He urged the US to join the UK and EU in stronger actions, emphasizing the need for a coordinated international response.
Terrorists themselves gave proof of 'Operation Sindoor' to the world: Vice President Dhankhar
Vice President Jagdeep Dhankhar asserted that terrorists themselves provided evidence of 'Operation Sindoor,' highlighting that coffins of those targeted were escorted by Pakistani military and political figures. He emphasized India's commitment to peace, sustainability, and development, noting the importance of security and economic strength for national growth. During his visit, he inaugurated key projects at Mormugao Port.
Sustainable shipping in India is becoming more closely linked to economic competitiveness: Johnson Controls’ Arun Awasthy
Johnson Controls is focused on bringing sustainable infrastructure to India’s shipping industry
Centre to invest additional Rs 1,000 cr in inland waterways projects in Assam, Northeast in 2026: Union Minister
Union Minister Sarbananda Sonowal assessed Assam and Northeast projects. The goal is to complete Rs 1,000 crore worth of projects by 2026. Focus is on waterways infrastructure development. This includes projects on Brahmaputra and Barak rivers. The aim is to improve connectivity and promote economic growth. Initiatives also include skill development for the youth.
Despite US-China thaw, India still a magnet for global supply chains: TCI’s Vineet Agarwal
Logistics costs as a percentage of GDP are still quite high in India; this needs to come down. If we’re not cost-competitive, we risk losing out to countries like Vietnam and Malaysia, says Vineet Agarwal, Managing Director of TCI.
From tragedy to tribunal: Pune man gets Rs 1 crore after losing leg in bus crash
In 2021, Abhijit Pujare lost his right leg when an outstation bus overturned near Pune. The Motor Accident Claims Tribunal has awarded him nearly Rs 1 crore in compensation, including interest, due to the driver's rash and negligent driving. The compensation will be jointly paid by the bus owner and the insurance company, considering Pujare's 100% functional disability.
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The real reason behind Mexican Navy ship crashing into Brooklyn Bridge revealed
A Mexican Navy ship, Cuauhtemoc, collided with the Brooklyn Bridge. The incident occurred on Saturday evening. Two sailors died, and nineteen others sustained injuries. The ship reportedly lost power, drifting backward. Its masts struck the bridge. Investigations are underway involving the NTSB, Coast Guard, and Mexican authorities. The ship was on a global goodwill tour.
Brooklyn Bridge crash: Heart-stopping video shows Mexico Navy sailors hanging on for life
A Mexican navy tall ship, the Cuauhtémoc, tragically collided with the Brooklyn Bridge after losing power while reversing from Pier 17. The incident resulted in two fatalities and 22 injuries as crew members were left clinging to damaged rigging. Despite severe damage to the ship, the bridge sustained no major structural harm, and investigations are underway.
Has the Brooklyn Bridge been damaged in the Mexican Navy ship crash?
A Mexican Navy training vessel, the Cuauhtémoc, collided with the Brooklyn Bridge on Saturday night, resulting in the tragic deaths of two people and injuries to seventeen others. The ship's masts struck the bridge's underside as it attempted to pass, causing them to collapse. Despite the impact, the bridge sustained no major damage, and traffic has resumed.
Railways stocks: Will they prove the analysts wrong? 7 stocks: 2 with buy recos, 1 hold, 4 with sell recos
The growth of a sector is impacted by many factors. In some, growth is purely a function of one factor: Government spending. Railways is one such sector, and all the growth companies in the sector saw in recent years was because the government had upped spending. Now, the question is: Will railway stocks, which saw a sharp increase in valuations from 2023 to mid-2024, see another round of upward movement? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Tariff truce spurs Pacific trade rush, boosting global shippers
A temporary trade truce between the US and China is expected to trigger a surge in transpacific shipping, benefiting major carriers like Maersk and Cosco. Reduced tariffs are driving increased bookings and freight rates, potentially causing port congestion.
Waronomics: India-Pak wars won’t stop at LoC, they’ll hit the economy hard, from trade to balance sheets
A potential India-Pakistan conflict poses significant economic risks to India, potentially wiping out a substantial portion of its GDP. Key sectors like trade, tourism, and energy face disruptions, impacting businesses and investor confidence. Preparedness through liquidity, supply chain diversification, and robust communication is crucial for businesses to navigate wartime economic challenges and ensure resilience.
Prime Video to introduce limited ads in India from June 17
Amazon Prime Video in India will introduce limited advertisements starting June 17, 2025, while offering an ad-free option for ₹699 annually or ₹129 monthly. This shift aims to sustain content investment without impacting existing Prime benefits like free delivery, access to originals, and other Prime perks.
Kashmir's Pahalgam sparks Karachi's nightmare: Pakistan’s economic lifeline vulnerable again?
Karachi, a vital economic center for Pakistan, is under threat. Tensions escalate with India following recent attacks. India's navy maintains a strong presence in the Arabian Sea. Karachi handles a large portion of Pakistan's exports and revenue. The city's infrastructure is crucial for Pakistan's economy and defense. In 1971, India targeted Karachi, impacting the Indo-Pak war.
On IMF’s lifeline, Pakistan struggles as India wields its economic power to block handouts
Pakistan's reliance on IMF bailouts continues as it seeks another $2 billion amid economic struggles. India is leveraging its economic strength and diplomatic influence to block this financial aid, intensifying pressure on Pakistan. New Delhi employs trade blockades, treaty suspensions, and cultural clampdowns to isolate Pakistan economically and diplomatically, aiming to reshape regional power dynamics.
Biggest polluters need ‘breathing space’ to reform, DBS says
DBS emphasises holding clients accountable for their transition efforts, even considering cutting ties with those who show a lack of commitment.
Elon Musk's big warning: 'All life on Earth will be destroyed eventually...'
Elon Musk, head of DOGE, has warned of Earth's eventual destruction in a new interview, advocating for Mars colonization as humanity's long-term survival strategy. He emphasized the need for a self-sustaining Martian civilization, viewing it as 'life insurance' against existential threats like war and solar apocalypse. Musk will step down from DOGE, an advisory body formed to slash federal government costs.
Canada’s exports to Europe surge, Trump’s tariff war sees trade with the US shrink
Canada's trade dynamics shifted dramatically in March 2025, with exports to the US declining amid rising tensions and new tariffs. Simultaneously, exports to other countries surged, driven by increased shipments of crude oil and gold. Political tensions escalated as Prime Minister Carney refuted President Trump's suggestion of Canada becoming a US state, highlighting the need for economic diversification.
In shadow of wargames, India carries out Operation Sindoor to punish Pakistan
India executed precision strikes on terror targets in PoK and Pakistan amidst escalating tensions and war exercises. Frontline fighters like Rafales and Su 30MKIs engaged in battle drills near the Pakistan border, coinciding with a large military exercise in Rajasthan. Pakistan has also been conducting air exercises, anticipating a potential attack from India.
Green hydrogen and the Net-Zero economy: India’s path to a sustainable energyfuture
India is strategically positioned to lead in green hydrogen, leveraging its renewable resources and growing energy needs. A recent roundtable emphasized industry collaboration, policy clarity, and financial strategies to scale hydrogen adoption. Addressing infrastructure gaps and securing long-term off-take agreements are crucial for India to become a global green hydrogen leader.
Shipping ministry signs agreement with Rhenus logistics to boost cargo movement
The Inland Waterways Authority of India (IWAI) has partnered with Rhenus Group to strengthen India's inland waterways sector. Rhenus Logistics India will initiate scheduled barge operations across key National Waterways, deploying 20 barges and 6 pushers initially, with plans to move over one million tonnes of cargo annually by 2025.
Tariffs could wreck what Bangladesh's garment workers have gained
Bangladesh faces economic uncertainty following political upheaval and potential tariffs imposed by the United States. The garment industry, a vital source of employment and economic growth for the nation, is particularly vulnerable.
Can Pakistan fight India on borrowed money?
India-Pakistan tensions: Following the Pahalgam attack, India is employing economic pressure tactics against Pakistan, including potential opposition to IMF loans and suspension of the Indus Waters Treaty. These measures aim to destabilize Pakistan's economy, which is already vulnerable despite recent IMF bailouts and declining inflation. Escalating tensions could jeopardize Pakistan's macroeconomic stability and access to crucial external financing.
Reviving heritage: We are bringing traditional Indian craftsmanship back to life: Zishta’s Archish Mathe Madhavan
Bengaluru-based cookware venture Zishta is blending tradition with business sustainability. The firm aims to expand to at least 1,000 craftsmen in the next 2-3 years, says Archish Mathe Madhavan, Co-founder and Director of Zishta.
Tim Cook's Apple iPhone recipe: Made in India, sold in America
Apple CEO Tim Cook announced that a majority of iPhones sold in the US this quarter will be sourced from India, highlighting the country's growing importance as a manufacturing hub. While China will remain dominant for sales outside the US, Apple is actively diversifying its supply chain due to trade tensions.
Most iPhones sold in US in June quarter to come from India, says Apple CEO Tim Cook
Apple plans a major shift in its supply chain. Most iPhones sold in the US will come from India by June 2025. Vietnam will be the origin for most iPads, Macs, Apple Watches, and AirPods. This move aims to reduce costs from US tariffs. China will remain the main source for sales outside the US.
Cheap parcels from China will no longer be duty-free. Here's what it means for buyers and sellers
The Trump administration's termination of the de minimis rule on low-value imports from China is set to cause higher prices and delivery delays for consumers. Businesses reliant on Chinese sourcing must adapt, while U.S. manufacturers may benefit from reduced competition.
PRAGATI meeting: PM Modi reviews 8 projects worth Rs 90,000 crore
Prime Minister Modi chaired the 46th PRAGATI meeting, reviewing eight development projects worth ₹90,000 crore across various sectors. He emphasized Aadhaar authentication for Pradhan Mantri Matru Vandana Yojana beneficiaries and explored integrating additional child care programs. Modi advocated for holistic urban planning with ring roads and circular rail networks, and promoted community engagement for cruise tourism along inland waterways.
MatchLog partners with Maersk for landside equipment optimisation in India
Mumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.
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