BALTIMORE : An expected jump in the number of car-carrying ships is set to flood ports with vehicles, making congestion at terminals even worse, the head of the industry’s biggest shipping line has said.
VISAKHAPATNAM : India recorded about 131 billion Unified Payments Interface (UPI) transactions with a total value of ₹200 trillion in FY24, Finance Minister Smt. Nirmala Sitharaman said on Monday. In FY23, about 83.7 crore transactions
VISAKHAPATNAM : Andhra Pradesh’s effort to strengthen its maritime logistics capability is on course as work gathers pace in the construction of four new ports and a notable increase in shipments from the existing
NEW DELHI : Interest equalization scheme (IES) is one of the most effective instruments to remove cost disability of Indian exports. The scheme provides much needed competitiveness to our exports, said Shri Ashwani Kumar,
NEW DELHI : The government is scrutinising the Interest Equalisation Scheme for exporters to analyse its usefulness in promoting exports so far, including from the MSME sector, to decide if it should be continued
NEW DELHI : The Indian Economy is expected to achieve “higher” than 7% growth in 2024-25, the National Council of Applied Economic Research (NCAER) on Monday said pointing at strong high-frequency indicators, an above
NEW DELHI : As many as 448 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by cost overrun of more than ₹5.55 lakh crore during the December 2023 quarter,
NEW DELHI : State-owned IRCON on Sunday said it has secured a railway project worth about Rs 1,200 crore in a joint venture. “Ircon International Ltd (IRCON) under its joint venture with Dineshchandra R
GENEVA : MSC announced the launch of a new loop shuttle service, linking Asia and the West Coast of Mexico. This new service is expected to enhance MSC’s network by providing increased coverage and
RIYADH : Nigeria’s President, Bola Ahmed Tinubu, recently met with Robert Maersk Uggla, Chairman of A.P Moller-Maersk, during the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh,
