A new wave of car imports set to hit terminals as new vehicle-carriers come on line
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
India records a value of around ₹200 trillion UPI transactions in FY24 : FM Sitharaman
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.
Andhra Pradesh Govt with APMB investing in construction of four new Ports
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
Extension of interest subvention scheme with deeper subvention required to provide export competitiv
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
To promote exports from India, DGFT evaluating usefulness of Interest Equalisation Scheme
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
Indian Economy expected to achieve higher than 7% growth in 2024-25 : NCAER
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
448 infra projects hit by cost overrun of ₹5.55 lakh crore in Oct-Dec : Reports
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
IRCON acheives railway project worth Rs 1,200 crore in JV with DRA
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
MSC begins new shuttle service between Asia and Mexico
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
Maersk to invest more than half a billion in Nigeria’s Ports
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