Myanmar Earthquake : Indian businesses may suffer losses worth crores
NEW DELHI : The earthquake in Myanmar and Thailand has raised concerns among Indian exporters, particularly in Gujarat, which has strong trade ties with these countries. Businesses dealing in pharmaceuticals, textiles, and chemicals fear
Softlink Academy strengthens Logistics Workforce Development through MoU with MITCON
MUMBAI : Softlink Academy, the skill development arm of Softlink Global bridging the skills gap in logistics, has signed an MoU with MITCON, a leading organization specializing in skill development and employment-focused training. This
ADB-Funded SMILE Program to Boost India’s Logistics Efficiency, Cut Costs, and Strengthen Multimodal Infrastructure
NEW DELHI : The Asian Development Bank (ADB) funded Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) Program has the objectives of improving India’s logistics infrastructure, reducing logistics costs, and increasing efficiency. It supports the
PSA International and its subsidiaries results for the year ended 31 December 2024
SINGAPORE : PSA International Pte Ltd (PSA) handled 100.2 million Twenty-foot Equivalent Units (TEUs) for the year ended 31 December 2024, representing a growth of 5.6% compared to the same period in 2023. •
Kundevahal Tunnel breakthrough speeds up Vaitarna-JNPT Freight Corridor Project
PANVEL : The excavation of the Kundevahal Tunnel in Navi Mumbai has reached a significant milestone, marking a crucial step forward in the Western Dedicated Freight Corridor (WDFC). Part of the Express Freight Railway Consortium’s
Finance Ministry warns about uncertainty in trade policy, geopolitics risk growth next year
NEW DELHI : The Finance Ministry cautioned about geopolitical tensions, trade policy uncertainties, volatility in international commodity prices and financial market uncertainties pose considerable risks to India’s economic growth for the next year. “Global trade
MSMEs fear ₹1.5 lakh annual burden as India rolls out new GST Invoice Management System
NEW DELHI : The government is all set to roll out the newly proposed and designed Invoice Management System (IMS) under the Goods and Services Tax (GST) framework, but the industry, especially the MSME
Rhenus Group expands Management Board to drive transformation and growth
SINGAPORE : Effective 1 April 2025, the Rhenus Group has appointed three experienced leaders from within the company to the Management Board. Dr. Joana Bätz will be representing the Group functions for Human Resources, Sustainability