استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
India Club Eyed for Offering Insurance to Domestic Ships
July 14, 2025
|Mint New Delhi
Insurance coverage is denied to shipping lines operating between countries facing sanctions
The Centre has begun consultations to set up India's first protection and indemnity (P&I) entity—to be called India Club—that will provide third-party insurance to Indian ships operating in the country's coastal region and inland waterways, said shipping secretary T.K. Ramachandran.
The plan is to get domestic companies to provide insurance cover to Indian ships, which now depend on global clubs for securing ships and cargoes, the secretary said in an interview.
The need for an India-focused P&I entity has also been felt to reduce the country's vulnerability to international sanctions and pressures where insurance coverage is denied to shipping lines operating between countries facing sanctions.
At present, third-party risks in the shipping sector are insured with the International Group of P&I Clubs, a 13-member group based in London that provides liability cover to over 90% of shipping lines globally.
هذه القصة من طبعة July 14, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint New Delhi
Mint New Delhi
Page Industries scouts for missing piece of comeback puzzle
Page Industries Ltd has been struggling with muted growth.Its thrust on operational efficiencies, calibrated distribution expansion and new product launches is yet to reignite the dwindling investor faith.
1 mins
November 25, 2025
Mint New Delhi
REAL ESTATE PLAY: THE END OF INDIA’S BIGGEST TAX HACK
For years, the easiest dinner-table flex in India was a line that began with “You know what I bought that flat for?” and ended with a smug smile. Real estate wasn’t just an investment, it was a moral victory. Hold long enough and inflation would ensure you paid no to minimal tax. All thanks to indexation, a process that adjusts the cost of acquisition for inflation until the year of sale, effectively reducing your capital gains and the tax on them.
3 mins
November 25, 2025
Mint New Delhi
Independent films fight for screen space despite critical acclaim
Critically acclaimed Indian filmsthat sparkle onthe international festival circuit are finding it hard to be screened in the country even though theatresare struggling with low supply of new commercial films.
2 mins
November 25, 2025
Mint New Delhi
SC clears Sandesarass after ₹5,100-crore settlement deal
Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case
3 mins
November 25, 2025
Mint New Delhi
Centre to review stalled RE projects
Union minister for new and renewable energy Pralhad Joshi on Monday said officials have been directed to carry out an assessment of renewable energy projects for which power sale agreements (PSAs) and power purchase agreements (PPAs) have not been signed.
1 min
November 25, 2025
Mint New Delhi
Govt plans reform push in winter session
The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.
1 mins
November 25, 2025
Mint New Delhi
EU eyes summit with India to seal FTA
The European Union (EU) is eyeing the upcoming summit meeting with India in January as an opportunity to finalise a long-gestating trade deal, strengthen defence and security cooperation, and firm up cooperation on a global agenda amid geopolitical churn set off by the trade policies of the US, people familiar with the matter said.
1 min
November 25, 2025
Mint New Delhi
Quality control orders: Let's fix all distortions
Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice
2 mins
November 25, 2025
Mint New Delhi
Wipro VC eyes exits, packaged food bets
Wipro Consumer Care Ventures, the venture capital arm of consumer goods major Wipro Consumer Care & Lighting, is looking to cash out of some of its investments from its first fund of ₹200 crore.
2 mins
November 25, 2025
Mint New Delhi
Adani posts record H1FY26 earnings
The Adani Group's consolidated earnings before interest, tax, depreciation and amortization (Ebitda) surpassed ₹90,000 crore on a trailing twelvemonth basis for the first time during the September quarter.
1 min
November 25, 2025
Listen
Translate
Change font size