logistics

New Delhi, April 10 – Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Friday that nearly 90 per cent of the backlog cargo at major ports has been cleared, following swift intervention and continuous monitoring by the government amid disruptions in the Strait of...

New Delhi, April 9 – Railways are set to play a key role in driving India’s economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said.According to the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight...

Gautam Adani Meets UP CM Yogi Adityanath, Reaffirms Investment Commitment Across Key Sectors Adani Group Highlights Role in Uttar Pradesh’s Growth Vision New Delhi, April 3: Gautam Adani, Chairman of the Adani Group, met Uttar Pradesh Chief Minister Yogi Adityanath and underscored the...

New Delhi, April 1 Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Wednesday that it has surpassed 500 million tonnes of cargo handled, marking a key milestone in its growth as India's largest integrated transport utility.This achievement reflects the company's expansion from a...

Kolkata, April 1 The escalating conflict in West Asia is beginning to put pressure on India's real estate sector, with material prices rising, and industry leaders warning of a potential 5 per cent increase in construction costs if the hostilities continue through April.Construction schedules...

Ahmedabad, April 1 Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Wednesday that it has surpassed the landmark milestone of handling 500 million tonnes of cargo.From a single port-led vision in 1998 to a network spanning 19 ports and terminals across India and beyond, APSEZ has...

Singapore, March 31 Joint ventures between businesses from India and Singapore are poised to benefit from potential opportunities in redevelopment in West Asia once the region stabilizes, a senior industry leader said on Tuesday.India and Singapore have built a bilateral partnership over the...

CII Praises Government Response to West Asia Crisis, Urges Industry Action to Manage Supply Disruptions Coordinated Policy Measures Help Stabilize Economy Amid Global Uncertainty New Delhi, March 29: The Confederation of Indian Industry (CII) on Sunday commended the Indian government for its...

Noida International Airport to Boost Connectivity, Ease Delhi Airport Congestion: PM Modi New Delhi, March 27 – Prime Minister Narendra Modi on Friday said the upcoming Noida International Airportwill significantly boost commerce, connectivity, and reduce congestion at Delhi’s Indira Gandhi...

ONDC Launches DigiHaat Platform to Connect Rural Sellers with Online Markets Government Initiative to Formalize Informal Economy New Delhi – March 27 – The Open Network for Digital Commerce (ONDC) has launched DigiHaat, a new platform designed to connect India’s artisans, farmers, and small...

Blue-Collar Salaries Surge, Outpacing White-Collar Growth in India Mumbai, March 26 – India’s labor market is experiencing a structural shift, with average minimum salaries for blue-collar jobs increasing at a faster rate than entry-level white-collar positions, according to a report released...

Pentathlon Ventures Closes Second Fund at Rs 255 Crore Second Fund Focuses on B2B Technology Startups New Delhi, March 26 – Early-stage venture capital firm Pentathlon Ventures announced the final close of its second fund at Rs 255 crore. The fund will be deployed to support B2B technology...

Mumbai, March 25 NDR InvIT Trust announced on Wednesday that it has raised ₹410 crore through the issuance of bonds, primarily for acquiring a logistics and warehousing portfolio across key markets in the country.The issuance was led by the International Finance Corporation (IFC), with...

New Delhi, March 25 – In a major effort to support tribal artisans and promote indigenous products, the Department of Posts, under the Ministry of Communications, signed a Memorandum of Understanding (MoU) with the Tribal Cooperative Marketing Development Federation of India (TRIFED) on...

New Delhi, March 25 Auto component major Samvardhana Motherson International announced on Wednesday that it has signed a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to provide integrated supply chain solutions for the global automotive industry.The JV will...

Maruti Suzuki Plans 35% Rail-Based Vehicle Dispatches by FY31 Company Targets Sustainable Logistics Expansion New Delhi – March 25 – Maruti Suzuki India Ltd announced plans to significantly increase its reliance on rail-based vehicle dispatches, aiming for a 35 per cent share by fiscal year...

Petroleum Industry Pushes Ethanol as Clean Cooking Fuel to Reduce LPG Imports Focus on Household Energy Transition Gains Momentum New Delhi, March 24: The petroleum industry has called on stakeholders to accelerate the development of ethanol as a clean cooking fuel for Indian households, aiming...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters until March 31 amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported...

New Delhi, March 23: In light of the evolving geopolitical situation due to the Iran war and its implications for maritime trade, the Centre has decided to restore the rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for all eligible export...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...