ADB raises India’s growth forecast to 7% for FY25; FY26 growth at 7.2%

India Launches Key Initiatives for Maritime Sector Growth

Union Minister Sarbananda Sonowal inaugurated India’s first Non-Banking Financial Company in the maritime sector, Sagarmala Finance Corporation Limited. He highlighted its role in bridging financing gaps for ports and startups, aligning with the Maritime Amrit Kaal Vision 2047. The event also saw the launch of the SAGAR SETU platform for operational efficiency.

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Results of the Marine Environment Protection Committee

MEPC 83: Key Highlights in Reducing Greenhouse Gas Emissions in International Shipping

The 83rd session of the Marine Environment Protection Committee (MEPC) convened in London to address climate change in international shipping. With a focus on the IMO Net-Zero Framework, the committee approved measures to reduce greenhouse gas emissions from ships. Additional topics included plastic garbage, emission control areas, and ballast water management.

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