Services exports may reach USD 400 Bn during 2023-24: SEPC
NEW DELHI : Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) on Wednesday said the healthy growth trend will continue and shipments are expected to reach up to
Land problems & investment rules keep MMLPs on a slow track
NEW DELHI : India must bring down the overall cost of logistics to improve its ranking in the ‘ease of doing business’ index. The movement of goods and services through this vast country is
NHAI’s progress report on Delhi-Mumbai Expressway shows work on track
NEW DELHI : Under the Bharatmala Pariyojna – the Government of India’s highway development scheme – the National Highway Authority of India (NHAI) has been working on developing the Delhi-Mumbai Expressway, and released a
CMA CGM offers to buy Bollore Logistics for $5.5 billion
MARSEILLE : CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping billionaire Rodolphe Saade isn’t through with
Nippon Express in talks to buy Logistics firm Cargo-Partner
TOKYO : Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said. The parties are negotiating terms of a potential deal and may reach an
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized
PM Gatishakti NMP evaluates 76 key Central infra projects which leads to cost savings of Rs 5.14 lakh Cr
NEW DELHI : The PM Gatishakti National Master Plan (NMP) has completed the evaluation of 76 central government key infrastructure projects relating to railways, roads and transport, etc. worth Rs 5.14 lakh crore over
DPIIT to get a clear picture of India’s logistics cost in about 4 months : Sumita Dawra
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT) is aiming to get a clear picture of the country’s logistics costs in the next four months, a senior government official