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Global giants backing India's shipbuilding boom, says shipping secretary

New Delhi, June 24 -- The Centre's ambitious plan to position India among the world's leading shipbuilding nations is starting to deliver results, with domestic shipyards securing export orders from g... Read More


India's growth needs next-gen reforms, not new stimulus, says CII chief

New Delhi, June 23 -- India does not need another round of fiscal stimulus to shield growth from global uncertainties and geopolitical disruptions. Instead, the country needs fresh structural reforms ... Read More


India's private sector output moderates further in June

New Delhi, June 23 -- The West Asia war-induced global slowdown has dampened Indian manufacturing and services, with India's private-sector economy losing momentum in the first quarter of 2026-27 as e... Read More


India Becomes World's Top Ship Recycling Nation in 2025, Achieves Vision 2030 Target Five Years Ahead of Schedule

New Delhi, June 22 -- India emerged as the global leader in ship recycling in 2025, growing its market share to 35.4% from 30.1% in 2024, according to a United Nations Conference on Trade and Developm... Read More


India, Iran look to soon resume talks to get Chabahar Port plan back on track

New Delhi, June 22 -- India and Iran may soon revive plans to expand the strategic Chabahar Port and restore normal operations at the facility as geopolitical conditions in the region begin to stabili... Read More


Highway monetization kitty may swell by Rs.20,000 crore on BoT rethink

New Delhi, June 20 -- The road transport and highways ministry is considering raising its fiscal year 2027 (FY27) highway monetization target by Rs.15,000-20,000 crore after deciding to include privat... Read More


AI boom shields Asia from West Asia shock, but risks mount for India and region: Moody's Analytics

NEW DELHI, June 19 -- India and other Asia-Pacific economies have emerged from the West Asia conflict in better shape than many had feared, buoyed by a surge in artificial intelligence (AI)-driven exp... Read More


Mint Explainer | Can South Korea help India become a top shipbuilding nation by 2047?

NEW DELHI, June 16 -- India's ambition to become one of the world's top five shipbuilding nations by 2047 is driving a search for global expertise, with South Korean companies emerging as key partners... Read More


Shipping lines stay cautious even after US-Iran peace deal, await security clarity before resuming Gulf operations

New Delhi, June 16 -- The proposed peace agreement between the US and Iran to reopen the Strait of Hormuz may have sparked optimism across the global trade and energy markets, but major shipping compa... Read More


India's unemployment rate hits 11-month high as rural joblessness rises in May

New Delhi, June 15 -- India's unemployment rate for people aged 15 years and above rose to an 11-month high of 5.5% in May, up from 5.2% in April, as joblessness increased in rural areas, according to... Read More