Calcutta HC Port Blair bench fines Lt Guv of Andamans, suspends chief secy

In a significant development, Andaman and Nicobar Islands Chief Secretary Keshav Chandra was suspended while Lt. Governor DK Joshi fined Rs 5 lakh (which he has to bear from his own fund) on Thursday for not complying with an earlier order by the Port Blair bench of the Calcutta High Court on releasing benefits… Continue reading Calcutta HC Port Blair bench fines Lt Guv of Andamans, suspends chief secy

Adani group to expand SIL’s Sanghipuram port capacity to handle large ships

The Adani group will make investments to expand the captive port capacity of Sanghipuram to handle vessel sizes of 8,000 DWT (deadweight tonnage), said Adani Ports and Special Economic Zones (APSEZ) CEO Karan Adani on Thursday. Adani Group firm Ambuja Cements on Thursday said it will acquire a majority stake in Sanghi Industries… Continue reading Adani group to expand SIL’s Sanghipuram port capacity to handle large ships

Chicago wheat falls after Russian attack on Ukraine port renews worries

Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal.   Soybeans dipped to nearly one month lows and… Continue reading Chicago wheat falls after Russian attack on Ukraine port renews worries