MoRTH plans at record ₹60,000 crore monetization in FY25
NEW DELHI : The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record ₹60,000 crore from monetization in the current fiscal, two people aware of the matter said. While the
Indian Railways’ DFC : 18-year mission on track
NEW DELHI : Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the Dedicated Freight Corridor Corporation of India
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the China’s
Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red Sea crisis on the larger trade
Automobile exports recover in Q4 riding robust two-wheeler shipments
NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a rebound in the final quarter of
A new solution proposed for drought-stricken Panama Canal goes around it
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal Dry Canal project that will begin
Indian Railways’ Rs.2 Tn DFC project is progressing
NEW DELHI : The ambitious project of Indian Railways-constructing dedicated freight corridors (DFCs) worth Rs 2 trillion is progressing as planned, according to recent updates. These corridors aim to revolutionise India’s logistics sector by
Maersk employees innovate a system to deliver fresh water from Maersk’s vessels to Ports
SALALAH : The pioneering project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports and regions facing scarcity of fresh water. Fresh