PM Gati Shakti : Rs 11.17 lakh crore mega push with 434 projects to transform India’s logistics
NEW DELHI : In a push to strengthen India’s logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative. Ministry of Finance posted on X, “With 434 projects identified under the
HMM signs MOU for Vadhvan Port development cooperation in India
MUMBAI : HMM has signed a Memorandum of Understanding (MOU) with the Jawaharlal Nehru Port Authority (JNPA) to collaborate on developing Vadhvan Port in India. Under the MOU, HMM will support the development and
MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports
NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports have increased from Rs 3.95 lakh
Maharashtra signs MoUs worth ₹4.99 lakh crore at Davos
DAVOS : Maharashtra signed memorandums of understanding (MoUs) worth ₹4.99 lakh crore, on the first day of the World Economic Forum in Davos. These investments are expected to generate 92,235 jobs. The most significant
India likely to launch ‘Bharat Container Shipping Line’ and form consortium for global port operations
NEW DELHI : India plans to set up a consortium with equity participation by public sector enterprises to bid for operating overseas port assets, senior officials said. Stakeholders in Bharat Global will be Indian
SCI shows remarkable growth of 145.61% PAT in H1 FY24-25
MUMBAI : The Shipping Corporation of India (SCI), a midcap player in the shipping industry, has reported positive financial performance for the second quarter of FY24-25, showcasing significant growth metrics. The profit after tax (PAT) for
HMM launches new India-North Europe service
MUMBAI : HMM announced the launch of a new INX (India North Europe Express) service at a trade get-together in Mumbai on January 17, 2025. The new service will offer a direct connection from
Maersk takes delivery of methanol-ready 12,800 TEU container ship
COPENHAGEN : Japan Marine United (JMU) announced the delivery of the methanol-ready 12,800 TEU container ship MAERSK EUNAPOLIS on January 17, 2025. The vessel, built at JMU’s Kure Shipyard in Hiroshima Prefecture, is the