With eye on China, India doubles down on container hub ports


NEW DELHI Indian conglomerate Adani Group has started building the country's first transshipment port, conceived 25 years ago, and the government will construct another $4-billion facility nearby to create a shipping hub rivalling Chinese facilities in the region.

More headlines

India seeks pulses from Myanmar, Africa to ease shortage, minister says 12:11pm IST

MUMBAI India is looking to import pulses from Myanmar and African nations to counter a domestic shortfall of 7.6 million tonnes that has driven local prices of key pulses like chickpea to a record high, Food Minister Ram Vilas Paswan said.

Obama urges Americans to get behind Clinton, slams Trump 10:36am IST

PHILADELPHIA President Barack Obama painted an optimistic picture of America's future and offered full-throated support for Hillary Clinton's bid to defeat Republican Donald Trump in a speech that electrified the Democratic National Convention. | Video

Lack of exercise costs world $67.5 billion and five million lives a year 9:34am IST

LONDON A study of one million people has found that physical inactivity costs the global economy $67.5 billion a year in healthcare and productivity losses, but an hour a day of exercise could eliminate most of that.

Fosun agrees to buy KKR-backed Indian drugmaker for $1.4 billion - source 1:29pm IST

HONG KONG/MUMBAI Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy Gland Pharma - backed by KKR & Co LP - for about $1.4 billion, a person with direct knowledge of the matter said, in India's largest inbound acquisition this year.

India makes crucial tweaks to push through stalled GST reform 27 Jul 2016

NEW DELHI The Indian government on Wednesday made crucial ammendments to its goods and services tax bill in a move to enlist the support of opposition parties as well as state governments.

India orders four maritime spy planes from Boeing, bolsters navy 27 Jul 2016

NEW DELHI India signed a contract on Wednesday to buy four maritime spy planes from Boeing Co for about $1 billion, defence and industry sources said, aiming to bolster the navy as it tries to check China's presence in the Indian Ocean.

Home flight simulator in MH370 captain's home plotted Indian Ocean course - JACC 1:44pm IST

SYDNEY A home flight simulator owned by the pilot of missing Malaysia Airlines Flight MH370 was used to plot a course to the southern Indian Ocean where the aircraft is believed to have gone missing, the Australian agency in charge of the search said on Thursday.

Activist Bezwada Wilson wins Magsaysay award for fighting manual disposal of faeces 27 Jul 2016

CHENNAI, India (Thomson Reuters Foundation) - An Indian activist who helped to set up a human rights group campaigning for the eradication of manual scavenging, a euphemism for disposing of faeces by hand, was awarded Asia's equivalent of the Nobel prize on Wednesday.

New crop of robots to vie for space in the operating room 11:07am IST

CHICAGO Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world.