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Dear Jatin,
Well, I can totally understand your dilemma as I had gone through the same. But, to be honest, It would be right if you decide what you should do because you are the right person to make that decision. We as experts can only guide and assist you with the same.
In fact, I would suggest you to go through Shiksha career central in order to get the right choice of course. The career central will suggest you career options as per your interest.
Here is the link- https://www.shiksha.com/career-opportunities
As for Merchant Navy is concerned, below are some key details.
In order to get into Merchant Navy, you need to pursue Marine Engineering or Bachelors degree in Nautical Science. The minimum eligibility for courses in Nautical science and Marine engineering is 10+2 or an equivalent examination with physics, chemistry and mathematics.
However, the eligibility may vary from institute to institute. For the list of institutes offering this course, refer to the below link
https://www.shiksha.com/search/index?keyword=Marine+Engineering&start=0&institute_rows=-1&content_rows=-1&country_id=&city_id=&zone_id=&locality_id=&course_level=&course_type=&min_duration=&max_duration=&search_type=&search_data_type=&sort_type=&utm_campaign=site_search&utm_medium=internal&utm_source=shiksha&cpgs_param=56_Institutes&from_page=search_page_top&autosuggestor_suggestion_shown=-1
(In the above link, you can refine the search with your preferred city)
For more, I would request Ashish.Gupta Anand Wadadekar to share their valuable expertise.
Thanks.
All the Best!

Thanks aneeket, hi mr.vasu, welcome to https://shiksha.com as you said you are in final year b.tech may i know what branch you studing and your total percentage and any prefered branch you looking for PG as a reply to me meanwhile i will tell you some things regarding fundings, for abroad studies behalf of university fee you need to spend upto 3 lakhs for the process like preapration, entarance exams, documentations, affidavits, bank statemtents or loan, concultation fee, univeristy admission fee which is non- refundable at most of the times and all over other things which cost around 3-4 lakhs, even though if you got 100% scholorship also you need to spend this amount so this is the absic for all, while coming to the scholorship, it depend on the university regualtions and your percentage in all academics include entrance exams like GRE and TOEFL, if you looking for MBA then GMAT also, some othertimes many students will not get scholorship when they reached to the universities we can not sure on the scholorships and regulations but i can help you in one thing like if you think any universities in your mind for looking admission please reply us we can enquire for you and let you know the details, the immediate thing you need to do is preapre for the exams which are more crucial so concentrate on that as well as your b.tech percentage too try to get maximum marks in your final semister youneed atleast 70%. all the best