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SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.

Persons: Adm, Anil Kumar Chawla, “, ” Chawla, ”, Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia

☆ Trafigura assesses Red Sea risks after tanker attacked by Houthis
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: +3 min

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen's Houthi group a day earlier. The Houthi attacks have primarily targeted container vessels moving through the Red Sea. A notable exception is QatarEnergy, the world's second largest exporter of liquefied natural gas, which earlier this month stopped sending tankers via the Red Sea, citing security concerns. The Marshall Islands-flagged Marlin Luanda issued a distress call on Friday and reported damage, U.S. Central Command said in a post on X, formerly Twitter. About eight hours after the Marlin Luanda incident, the U.S. military destroyed a Houthi anti-ship missile that was aimed into the Red Sea and ready to launch, Central Command said.

Persons: Trafigura, Yemen's, Trafigura's, Marlin, Carney, Ras Issa Organizations: Djibouti . Commodities, U.S . Navy, Marshall, U.S . Central Command, Indian Navy, British, Houthi, U.S, Central Command, Britain, U.S . Fifth Fleet, British Defence Ministry Locations: Djibouti, U.S, Trafigura, Aden, Gulf, Africa, Gaza, Visakhapatnam, Yemen, United States, Ras, Yemen's

BHUBANESWAR, India, Oct 30 (Reuters) - The death toll from a train crash in India has risen to 13, with 39 injured, an official said on Monday, with investigators suspecting human error was the cause of the crash in the south-eastern state of Andhra Pradesh. [1/2]Rescue workers and police officials stand next to damaged coaches following a collision between two passenger trains in Vizianagaram district in the southern Andhra Pradesh state, India, October 30, 2023. REUTERS/R.Narendra Acquire Licensing RightsThe railway ministry said a preliminary investigation found that "human error" that led to "overshooting of signal" by the Visakhapatnam-Rayagada train. The accident came months after India's state-run railway system suffered its worst crash in two decades when 292 people were killed. Reporting by Jatindra Dash in Bhubaneswar, Rishika Sadam in Hyderabad; writing by Tanvi MehtaOur Standards: The Thomson Reuters Trust Principles.

Persons: Jatindra, Tanvi Mehta Organizations: Palasa Express, Reuters, REUTERS, Railways, Thomson Locations: BHUBANESWAR, India, Andhra Pradesh, Visakhapatnam, Vizianagaram district, Bhubaneswar, Rishika Sadam, Hyderabad

☆ Trains collide in India, killing at least 10, reports say
▼ + stars: | 2023-10-30 | by ( Vedika Sud | ) edition.cnn.com time to read: +1 min

CNN —At least 10 people are dead and 27 others have been injured after two trains collided in southeast India Sunday, Reuters reports. The collision derailed two coaches carrying more than 90 people on the stationary train, the official told Reuters. Sunday’s collision comes just four months after a separate train accident in Odisha, where three trains collided, leaving 275 people dead and more than 1,000 injured. Rescue operations are underway at the accident site, and all of the injured have been moved to hospitals, Railway Minister Ashwini Vaishnaw said on X. “The Prime Minister extends condolences to the bereaved families and prays that the injured recover soon.”

Persons: “, Ashwini Vaishnaw, Narendra Modi, ” Organizations: CNN, Reuters, Railway, Minister’s, Indian, Sunday, “ Locations: India, Visakhapatnam, Andhra Pradesh, Rayagada, Odisha, Vizianagaram, country’s

☆ Andhra Pradesh train accident: At least 10 reported dead after trains collide in southeast India
▼ + stars: | 2023-10-29 | by ( Ritu Prasad | Vedika Sud | ) edition.cnn.com time to read: +1 min

CNN —At least 10 people are dead and 27 others have been injured after two trains collided in southeast India Sunday, Reuters reports. A train traveling from Visakhapatnam, in the state of Andhra Pradesh, to Rayagada, in Odisha, had stopped due to a break in an overhead cable when it was hit by an oncoming train, in the Vizianagaram district of Andhra Pradesh, Reuters said, citing a senior railway official. The collision derailed two coaches carrying more than 90 people on the stationary train, the official told Reuters. Sunday’s collision comes just four months after a separate train accident in Odisha, where three trains collided, leaving 275 people dead and more than 1,000 injured. Rescue operations are underway at the accident site, and all of the injured have been moved to hospitals, Railway Minister Ashwini Vaishnaw said on X.

There is no suggestion the trades break sanctions, although they may make it difficult for sanctions enforcement agencies in Europe and the United States to track Russian oil transactions and prices. The new trading network and practices raise financial risks for Russian oil companies dealing with unknown entities with limited credit history. "We recognise that (sanctions on Russia are) going to change the shape and structure of the Russian oil markets," the official told reporters. In May, Russian seaborne oil supplies to India, which was a rare buyer of Russian oil before the war, reached a record of 1.95 million bpd while China imported 2.29 million bpd. A source with one major Russian oil company said his company was prepared to deal with higher credit risks from buyers for the sake of having stable and rising oil exports.

Persons: Russia's, Rosneft, Everest, Coral, Washington, Lukoil, Dmitry Zhdannikov, Nidhi Verma, Timothy Gardner, Laura Sanicola, Simon Webb, Frank Jack Daniel Our Organizations: NEW, Liberian, Reuters, Shell, Group, European Union, Bellatrix Energy, Leopard, Guron, SEA, Coral Energy, Everest Energy, U.S . Treasury, EU, UK, Treasury, UAE dirham, Shipping, Hindustan Petroleum, Gazprom Neft, Covart Energy, Orion Energy, Media, Rosneft, Nidhi, Thomson Locations: Russia, Ukraine MOSCOW, NEW DELHI, Russia's Ust, Hong Kong, India, Moscow, Asia, Ukraine, Refinitiv, Europe, United States, Australia, China, U.S, UAE, Dubai, Visakhapatnam, Surgutneftegaz, Russian, Geneva, Singapore, Rosneft, Venezuela, MOSCOW, LONDON, Washington, New York

☆ Starc scythes down India as Australia win second ODI to level series
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +3 min

March 19 (Reuters) - Australian pacer Mitchell Starc ripped through India's lineup with five wickets to lay the platform for a crushing 10-wicket win in the second one-day international in Visakhapatnam on Sunday that levelled their three-match series at 1-1. "Starc in particular with the new ball, swinging it back down the line and putting them under early pressure. We didn't play to our potential and didn't apply ourselves with the bat," Rohit said after India's heaviest defeat in terms of balls remaining. He's been doing it for years for Australia with the new ball. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ India's Essar Group is debt-free after repaying $25 bln
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, Nov 21 (Reuters) - India's Essar Group has become debt-free, having settled the remainder of its $25 billion debt after the sale of two ports and a power plant to ArcelorMittal Nippon Steel Ltd (AM/NS), the group said on Monday. Essar, built by brothers Shashi and Ravi Ruia, has sold some of its assets in sectors such as telecom, oil refining and steel over the years to settle its $25 billion debt. "Essar has concluded its asset monetisation programme and completed the debt repayment of $25 billion effectively making the group debt-free from Indian banks and financial institutions," Prashant Ruia, director, Essar Capital, said in a statement. AM/NS, which agreed to buy some infrastructure assets from Essar group for $2.4 billion, in a statement said that the ports and the power plant are captive to its India's operations and are expected to generate operation synergies for the company. Acquisition of these assets will help move raw materials and finished goods between the company's manufacturing facilities in western, eastern and southern India.

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