Author: News Desk
India’s shipbuilding sector is shifting from reliance on foreign vessels to domestic ambition, with nearly 90% of trade historically carried on foreign ships. A ₹70,000 crore allocation under Make in India marks a decisive push to boost local capability, secure trade routes, and reduce strategic risk. Domestic yards are poised to benefit from defence orders, commercial demand, and global supply chain shifts, scaling up capacity and expertise. Mazagon Dock Shipbuilders leads with a ₹23,758 crore order book, building destroyers, submarines, and commercial vessels, while also handling oil-sector engineering and offshore projects. Garden Reach Shipbuilders (GRSE) has an ₹18,482 crore backlog,…
Aditya Dhar’s latest film, Dhurandhar: The Revenge, has brought him back into the spotlight, not only for its box office success but also for the journey that led him here. Despite a limited release, the sequel has generated impressive revenue and reignited interest in Dhar’s career and earnings. Reports from The Financial Express estimate that Dhar and his wife, actor Yami Gautam, have a combined net worth exceeding USD 12 million (over ₹100 crore), with Dhar reportedly charging between ₹8–10 crore per film. Dhar’s early years were spent in Delhi, where he studied at Guru Harkrishnan Public School and later Hindu College. His interest…
Sixteen-year-old Indian-origin entrepreneur Rudrojas Kunvar, based in Germantown, Maryland, recently turned down a $300,000 (around ₹2.8 crore) offer from a venture capitalist to drop out of high school and focus full-time on his AI startup, Evion. Instead, he chose to continue his studies while growing the company, which provides a free AI-powered crop analysis tool that uses images captured by standard camera drones to help farmers assess crop health and identify areas needing water or fertiliser. Kunvar developed Evion after noticing that many farmers rely on guesswork to monitor crop disease and health. Inspired by camera-based systems used in companies…
JSW Motors Limited has partnered with French technology company Dassault Systèmes to implement a digital platform aimed at accelerating the design, engineering, and production of its upcoming new energy vehicles, supporting the group’s broader multi-billion-dollar automotive expansion. The collaboration will see JSW Motors adopt Dassault’s 3DExperience platform as its central digital framework, linking product design, engineering, and manufacturing to enable real-time data sharing and faster development cycles. The platform will support a modular vehicle architecture, allowing multiple models to share components, reducing costs and shortening time to market. Key tools such as Catia for 3D design and Enovia for product…
Adani Ports and Special Economic Zone Ltd (APSEZ) has introduced India’s first Port of Refuge, marking a key step in strengthening the country’s maritime safety system. As India’s largest port operator, handling nearly 27% of the nation’s cargo, APSEZ is addressing a long-standing gap by creating a formal system to support ships in distress and manage emergencies more effectively. A Port of Refuge is a designated safe zone where vessels facing trouble can stabilise, protect crew, and minimise environmental damage. While common in major maritime nations, India lacked such a structured framework until now, despite its extensive coastline and strategic…
Cochin Shipyard Limited (CSL) has signed a Joint Venture Agreement with Hyderabad-based HBL Engineering Limited to advance electric mobility and energy storage solutions for the maritime sector, marking a major step in India’s push toward green shipping. The partnership, announced on March 25, 2026, combines CSL’s decades of experience in building vessels and maritime infrastructure with HBL’s four decades of expertise in advanced batteries and electric motors. The joint venture, to be named Green Maritime Propulsion Private Limited and headquartered in Hyderabad, will focus on developing marine batteries, Battery Management Systems, electric motors, power electronics, and charging infrastructure for next-generation…
Cochin Shipyard Ltd, Swan Defence and Heavy Industries (SDHI), and L&T Shipbuilding Ltd have submitted responses to an expression of interest (EOI) issued by Shipping Corporation of India (SCI) for its planned joint venture with state-run oil companies to build eight very large gas carriers (VLGCs) of 88,000 cubic metres each, six of them in India, in a $1 billion project. Cochin Shipyard has partnered with South Korea’s HD Korea Shipbuilding & Offshore Engineering, SDHI with Samsung Heavy Industries, and L&T Shipbuilding with Hanwha Ocean to participate in the EOI. The plan calls for two VLGCs to be built at…
China and India have made remarkable progress in recent decades through their own hard work and determination, rather than relying on the generosity of other nations, said Chinese ambassador Xu Feihong. His remarks came as a response to comments by US Deputy Secretary of State Christopher Landau, who described past US economic support to China as a “mistake” that Washington would avoid repeating with India, according to PTI on 27 March. Speaking at the 14th China-India Youth Dialogue, Xu noted that some parties do not want China and India to live in harmony, exaggerating differences and promoting the so-called “China…
The Supreme Court of India has called for greater accessibility in public transport, urging authorities to make cabs more inclusive for persons with disabilities. The court emphasised the need for wheelchair-friendly vehicles, highlighting the daily challenges faced by differently-abled individuals while accessing basic transport services. It also suggested exploring dedicated cab services specifically designed for persons with disabilities, ensuring safer and more convenient travel options. The observations came during hearings focused on improving accessibility standards and reinforcing the rights of persons with disabilities in India. The move is expected to push policymakers and transport operators toward more inclusive mobility solutions, making urban travel…
The government has lowered special additional excise duties on petrol and diesel in response to the global energy crunch caused by the ongoing US-Israel conflict with Iran and Tehran’s restrictions on shipping through the Strait of Hormuz. Petrol’s excise duty has been cut from Rs 13 per litre to Rs 3, while diesel duty has been reduced from Rs 10 per litre to zero, a move expected to ease fuel prices domestically. The Strait of Hormuz is a key global energy route, handling roughly a fifth of the world’s seaborne oil and gas—about 20–25 million barrels of crude and nearly…
