19
Friday
January 2018
9:02 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Indian ports set to double their profit: Gadkari
 
Singapore, Jan 6 (PTI) Indian ports are expected to generate a profit of Rs 7,000 crore this year, Road Transport, Highways and Shipping Minister Nitin Gadkari said today.

Addressing some 3,000 delegates at the Asean-India Pravasi Bhartiya Divas here, he highlighted the profitability of investments in Indian projects, and underlined the potential of a wide range of projects.

"For this year, we are expecting a profit of 7000 crore from port operations (as) all ports are making profits," said Gadkari, pointing out that it would be more than double from Rs 3,000 crore three years ago.

Six new port projects were being planned, said Gadkari, who inaugurated the gathering where over nine sessions are being held on all aspects of business opportunities in India.

He invited Asean investors to participate in Indian infrastructure projects, as the pace of development is accelerated.

He pointed out the 28 km per day of road completion, up significantly about three years ago. The target is to complete 40 km per day, added Gadkari.

He also gave a progress update on projects, saying 60-70 per cent of work has already started on India's road connection to Myanmar, Bangladesh, Bhutan and Nepal.

The Mumbai special economic zone has attracted 40 companies, including one from Taiwan which has offered Rs 6,000 crore investment.

Gadkari has also appealed to the Indian diaspora community to donate as well as participate in the Clean Ganga Project.

He shared with delegates the strong support received from London-based diaspora, who have pledged 3,000 crore for 155 Ganga projects.


HSBC InvestDirect Securities settles case with Sebi
SBI to raise Rs 20,000 cr for affordable housing, infra
Sensex hits 35,000 mark as IT stocks lead gains
Bitcoin, other cryptocurrencies tumble on government crackdown worries
Sensex, Nifty extend gains to hit fresh highs
Passport may no longer serve as address proof
Rupee extends losses against US dollar in late morning trade
Stocks scale fresh record high as Coal India spurts
Sensex at new high on fund inflows; Nifty above 10,600
CBDT relaxes norms for MAT on firms facing insolvency
Sensex, Nifty hit new record high on fund inflows
Gold strengthens on sustained demand, silver recovers
Govt extends compulsory jute packaging for foodgrains, sugar
Sensex succumbs to late sell-off; auto, IT slip
Anti-dumping duty likely on Chinese chemical imports
Rs 39 lakh cr needed for infra in urban areas until 2032: Puri
Sensex trade flat, marginally up 9 points in late morning
Sensex advances 30 points; rupee gains 15 paise vs USD
Mukesh Ambani’s Reliance Jio to acquire mobile business assets of Anil Ambani’s RCom
Mercedes-Benz to launch new Maybach S 650 at Auto Expo 2018
KERALA NEWS
One killed in bike - bus collision at Thiruvananthapuram
 (Thiruvananthapuram, Jan 18, 2018, DG): One person lost life in an accident at Ambalathinkara  
New team to probe Chandy case
NIA registers case against ISIS members from Kannur
I killed my son single handedly, claims mom
INTERNATIONAL NEWS
52 people killed in Kazakhstan bus fire
 (Astana, Jan 18, 2018):Fifty-two people were killed today when the Russia-bound bus they were
No action can be taken against Hafiz Saeed: Pakistan PM
Trump reveals 'Fake News' award winners
N Korea agrees to send 550-member delegation to Winter
NATIONAL NEWS
Shiv Sena asks Modi, Shah to clarify Togadia's claims
 (Mumbai, Jan 18, 2018): The Shiv Sena today latched on to VHP leader Pravin Togadia's claim o
SC intervenes, 'Padmavat' for nation wide release
India successfully test-fires Agni-5 ballistic missile
CJI meets four senior-most SC judges
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.