Publication- rejection with advising to resubmit
While a reviewer has mentioned "major revision", is this decision advising for resubmit after revising the paper? Does this mean "Reject and resubmit"?


Yes, this means your manuscript is rejected, but you are free to submit a new version once you addressed the mentioned problems.

Note that whether one of the reviewers voted for Major Revision rather than Reject is completely irrelevant - it's the editor's decision that counts.