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Time of India
22-07-2025
- Business
- Time of India
Despite geopolitical tensions, India's port sector expected to grow faster than major economies: Report
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India's port sector is expected to grow at a faster pace than many major global economies, despite global geopolitical tensions and uncertainties according to a recent report by PL growth is being driven by rising domestic consumption, increasing trade volumes, and strong government-led infrastructure stated, "we believe, despite ongoing geopolitical tensions and global uncertainty, India's ports sector is expected to grow faster than other major economies, driven by an increase in consumption and government-led projects".The report stated that ports and economic growth in India go hand in hand. The government's push to make India a global manufacturing hub, along with efforts to boost exports, is expected to fuel the growth of ports and the overall logistics per report, cargo volumes at Indian ports grew at a compound annual growth rate (CAGR) of 6.2 per cent over FY02 to growth was led by non-major ports, where volumes rose at a higher CAGR of 9.1 per cent, compared to a 4.7 per cent CAGR growth at major ports. The demand for port infrastructure remains strong due to increasing trade and infrastructure development in the currently has 12 major seaports and over 200 non-major ports, with a combined capacity of approximately 2,700 million metric tonnes (mmt). Major ports fall under the jurisdiction of the central government, while non-major ports are managed by state country has set an ambitious target to increase total port capacity to 10,000 mmt by the year report highlighted several factors that are expected to drive this growth, including the rising aspirations of India's young population, the government's strong infrastructure focus through programs like Sagarmala and PM Gati Shakti, the increase in industrial and manufacturing activity, growing containerization, and a shift toward multimodal logistics. In addition, private sector participation in port development is also report also mentioned that the ports sector is undergoing a structural transformation. Capacity expansion, use of technology to reduce turnaround time, better loading and unloading standards, and improved connectivity are all contributing to making Indian ports more efficient and capable of handling future trade India moves toward its goal of becoming a USD 10 trillion economy by FY30, the port sector is set to play an important role in enabling this economic journey.
Economic Times
08-05-2025
- Business
- Economic Times
D-Street shows resilience amid geopolitical tensions; Sensex, Nifty end marginally higher
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: Indian equities ended marginally up on Wednesday after swinging between gains and losses for most of the trading session, as investors took the uncertainty over the risks of a full-blown military conflict between India and Pakistan in their ended 105.71 points, or 0.13%, higher at 80,746.78. Nifty gained 34.80 points, or 0.14%, to close at 24, indices had fallen by over 0.6% earlier in the day after Indian armed forces carried out strikes in Pakistan and PoK. Pakistan's main stock index tumbled 3% after the attack."History shows geopolitical flare-ups typically trigger knee-jerk reactions in market, but it often recalibrates quickly," said Vikram Kasat, head, advisory, PL Volatility Index, or VIX, moved up 0.3% to 19 Wednesday- the highest in a month-suggesting the risk perception among traders has not broader market ended stronger with the Mid-cap 150 index jumping 1.5% and the Small-cap 250 gaining 1.2%. Out of the 4,046 shares traded on the BSE, 2,099 advanced, while 1,800 declined. Foreign portfolio investors (FPIs) were net buyers to the tune of Rs 2,586 crore on Wednesday, while domestic institutional investors (DIIs) net bought equities worth Rs 2,378 in Asia, markets mostly climbed after China's central bank and financial regulators cut key interest rates and announced measures to pump liquidity into the system to revive growth in the wake of concerns over the impact of tariffs on its between US and Chinese officials this week, in a bid to scale down the trade war between the world's two biggest economies, also eased nervous gained 0.8% and Hong Kong rose 0.1% on Wednesday. South Korea climbed 0.6%, Indonesia rose 0.4%, and Taiwan advanced 0.1%.
Time of India
08-05-2025
- Business
- Time of India
D-St Dodges Bullet, Ends Day in Green
Indian equities ended marginally up on Wednesday after swinging between gains and losses for most of the trading session, as investors took the uncertainty over the risks of a full-blown military conflict between India and Pakistan in their ended 105.71 points, or 0.13%, higher at 80,746.78. Nifty gained 34.80 points, or 0.14%, to close at 24, indices had fallen by over 0.6% earlier in the day after Indian armed forces carried out strikes in Pakistan and PoK. Pakistan's main stock index tumbled 3% after the attack.'History shows geopolitical flare-ups typically trigger knee-jerk reactions in market, but it often recalibrates quickly,' said Vikram Kasat, head, advisory, PL Volatility Index, or VIX, moved up 0.3% to 19 Wednesday— the highest in a month—suggesting the risk perception among traders has not broader market ended stronger with the Mid-cap 150 index jumping 1.5% and the Small-cap 250 gaining 1.2%. Out of the 4,046 shares traded on the BSE, 2,099 advanced, while 1,800 declined. Foreign portfolio investors (FPIs) were net buyers to the tune of Rs 2,586 crore on Wednesday, while domestic institutional investors (DIIs) net bought equities worth Rs 2,378 in Asia, markets mostly climbed after China's central bank and financial regulators cut key interest rates and announced measures to pump liquidity into the system to revive growth in the wake of concerns over the impact of tariffs on its between US and Chinese officials this week, in a bid to scale down the trade war between the world's two biggest economies, also eased nervous gained 0.8% and Hong Kong rose 0.1% on Wednesday. South Korea climbed 0.6%, Indonesia rose 0.4%, and Taiwan advanced 0.1%.
