Commerce Minister Meets Russian Delegation

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu,met a high level Russian business delegation on 27 October 2018 in New Delhi. Discussions were held on increasing investments and business engagements with Russia. Russia has invested USD 1.2 billion in India between 2000 and 2017. In the 18th annual summit that took place
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Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit. OPEC and its partners led by Saudi Arabia and non-OPEC member Russia agreed in June to lift oil supplies,
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Iraq will increase oil output and work with other OPEC nations to assure “fair” prices for buyers and producers, according to the nation’s new Oil Minister Thamir Ghadhban. “Iraq will play a constructive, positive and influential role in OPEC,” Ghadhban said in an interview overnight after his appointment to replace Jabbar al-Luaibi was announced. “We
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NEW DELHI/GANDHINAGAR: The Prime Minister’s dream project of Gogha- Dahej Ro-Pax Ferry service is all ready to start under the Sagarmala programme of the Ministry of Shipping. In a successful trial run conducted recently, 12 loaded trucks were transported by the Ro- Pax ferry from Dahej to Gogha across the Gulf of Cambay, via the
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The United States cannot stop Iranian oil exports by imposing sanctions on Tehran, Iran’s oil minister said on Tuesday, warning that such restrictions will ensure the market remains volatile. Washington plans new sanctions targeting Iran’s oil sector from Nov. 4 with the aim of stopping the country’s involvement in conflicts in Syria and Iraq, and
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MUMBAI: The Shipping Ministry will review the cabotage policy next year and introduce changes if Indian shipping lines have been adversely affected in the intervening period, Nitin Gadkari, the Union Minister for Road Transport, Highways and Shipping, said at an event in Mumbai. He was responding to concerns raised by Indian shippers about losing business
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NAVI MUMBAI: State-owned Jawaharlal Nehru Port Trust will develop two new ports at Rewas and Vijaydurg in Maharashtra to expand capacity and pursue port-led industrialisation, Shipping Minister Nitin Gadkari has said. JNPT has also submitted initial bids for buying the bankrupt private port at Dighi which is undergoing corporate insolvency resolution process (CIRP) at the
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“Indian companies are not only investing in Africa but are also forging new people-driven partnerships and creating jobs, which are impacting lives of common people in these countries,” said Mr C. R. Chaudhary, Union Minister of State for Commerce and Industry. He was addressing the Confederation of Indian Industry (CII)-Exim Bank Regional Conclave on India-West
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On  12 October 2018, Thiru K.J.Alphons, Union Minister of State (Independent Charge) for Tourism Government of India, has inaugurated the modernised cruise terminal at West Quay IV in Chennai Port and also participated in the first ever PORT DAY celebrations. Shri.Pon Radhakrishnan, Minister of State for Finance and Shipping, Government of India, presided over the
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Union Minister of Steel, Chaudhary Birender Singh, reached Bhilai October 10  morning and directly reached the hospital to enquire about the treatment being given and condition of those injured in yesterday’s fire incident. The Minister also interacted with their family members.  The Minister announced compensation of Rs. 30 lakh each to the families of those
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