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December 2018
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Trump's son-in-law Jared Kushner possible next chief of staff: US media        Sri Lanka PM Mahinda Rajapaksa to resign, says his son after court setback        Rahul Gandhi After Rafale Verdict: "Will Prove PM Helped Anil Ambani"        Author Amitav Ghosh Honoured With 54th Jnanpith Award        Supreme Court sees no wrongdoing in Rafale deal, rules out probe        India bowled a little bit short, Australia pacers could benefit: Border        ISL: FC Goa thrash NorthEast United 5-1        BWF World Tour Finals: PV Sindhu, Sameer Verma Register Easy Wins To Enter Semifinals        Diving legend says HIV-contracted friend inspired him to Olympic gold        India beat Pakistan to reach final of Emerging Teams Asia Cup        Boosting exports key to make India $5-tn economy by 2025: Kant        Prabhu, US Commerce Secretary to discuss trade issues on Feb 14        Ceasefire for key Yemen port agreed at peace talks: UN        Britain's May sees no 'immediate breakthrough' at EU        Poll results prove Ram Temple or communal polarisation doesn't cut ice with people: Sinha        Ashok Gehlot appeals to Cong workers in Raj to maintain peace        Rahul tweets pic with Kamal Nath, Scindia as race for CM moves to Bhopal        Aussies will fight back, but India has upper hand: Ghavri        World Tour Finals: Tough road ahead for Sindhu; Sameer too eyes knockout berth        Govt should consider 100% FDI in multi-brand retail trade: CII report        
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Business News
Profits from major ports to touch Rs 7,000 crore: Gadkari
 
Chennai, Feb 26 (PTI) Profits from 12 major ports in the country was expected to touch Rs 7,000 crore this year, up from Rs 3,000 crore in 2014, Union Minister of Road Transport and Highways and Shipping Nitin Gadkari said here today.

"The first year, when I took charge as Minister (in 2014) profits from these ports was Rs 3,000 crore. Next year, it was Rs 4,000 crore. Third year, it was Rs 5,000 crore. This year, we are expecting profits upto Rs 7,000 crore".

He noted that the role of all ports was very important as it creates a lot of jobs and boosts the economy.

He made the comments after unveiling a plaque commemerating the foundation stone laying ceremony of National Technology Centre for Ports, Waterways and Coasts in collaboration with IIT Madras.

Gadkari said the ministry expects Rs 15 lakh crore investments under the ambitious 'Sagarmala' infrastructure development programme.

"Abour Rs four lakh crore investment we are expecting to be made in road connectivity, port-rail connectivity, modernisation and mechanisation of ports. Already, work worth Rs 2.80 lakh crore" has commenced, he said.

Under this progarmme, the ministry planned to develop Special Economic Zones, coastal development zones, industrial, petroleum and automobile clusters.

"In Mumbai, we plan on having an SEZ where we expect investments of Rs 40,000 crore. It will create about 1.25 lakh jobs", he said.


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INTERNATIONAL NEWS
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 (Washington, Dec 14, 2018):Donald Trump's son-in-law and senior adviser Jared Kushner is on t
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NATIONAL NEWS
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