India remains among best-performing major economies: S&P Global – The Times of India

New Delhi: S&P Global has reaffirmed confidence in India’s growth outlook, saying the country continues to be one of the best-performing major economies globally despite ongoing geopolitical uncertainties.Saugata Saha, president of S&P Global Market Intelligence, said India remains a critical hub for the company, supported by a strong talent base, prompting further expansion of its…

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Hormuz flashpoint: Why Indian-flagged ships are in focus as Middle East tensions hit global shipping – The Times of India

Hormuz flashpoint: Why Indian-flagged ships are in focus as Middle East tensions hit global shipping – The Times of India

As tensions rise in Middle East and vessel safety in the Strait of Hormuz comes under renewed focus, the flag a ship flies has emerged as a key factor in maritime security, regulation and state protection.Flagging a vessel means it is registered with a country and must comply with that nation’s maritime laws and regulations….

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Cabinet clears Rs 24,815 crore rail projects; UP, Andhra Pradesh to get 601 km network expansion – The Times of India

Cabinet clears Rs 24,815 crore rail projects; UP, Andhra Pradesh to get 601 km network expansion – The Times of India

The Cabinet Committee on Economic Affairs has approved two multi-tracking railway projects worth Rs 24,815 crore covering Uttar Pradesh and Andhra Pradesh, aimed at easing congestion and boosting freight and passenger movement, a government release said.The two projects–Ghaziabad-Sitapur 3rd and 4th line, and Rajahmundry (Nidadavolu)-Visakhapatnam (Duvvada) 3rd and 4th line–are targeted for completion by 2030-31….

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Govt clears Bharat Maritime Insurance Pool with Rs 12,980 crore guarantee for shipping risks – The Times of India

Govt clears Bharat Maritime Insurance Pool with Rs 12,980 crore guarantee for shipping risks – The Times of India

The government has approved a Bharat Maritime Insurance Pool with a sovereign guarantee fund of Rs 12,980 crore to support maritime insurance amid disruptions caused by the Middle East conflict, Union minister Ashwini Vaishnaw announced on Saturday.The scheme aims to address rising insurance premiums and tighter approvals for shipping cover, which are currently being granted…

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DA hike: Govt approves 2% dearness allowance raise for central govt employees – The Times of India

DA hike: Govt approves 2% dearness allowance raise for central govt employees – The Times of India

The Cabinet on Saturday approved a 2 per cent increase in Dearness Allowance (DA) for Central government employees, as per sources.This comes amid wider demands from employee bodies for major changes in pay structure under the proposed 8th Pay Commission.In its memorandum, the National Council-Joint Consultative Machinery (NC-JCM) has sought a higher fitment factor of…

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Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means – The Times of India

Iran is planning to tighten its grip over the Strait of Hormuz with new transit fees to regulate ship movement through the route. However, the country has ruled out charging any “traditional fees” on ships passing through it.Ebrahim Rezaei, spokesman for Iran’s National Security Committee told Al Jazeera that a law is being drafted to…

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