With breezier toll exits, logistics movement in India looks to hit global fast lane
NEW DELHI : From 734 seconds in 2014, the waiting time at highway toll plazas has reduced to an average 47 seconds, the latest government data says—a development that ties into the country’s broader
M1xchange launches international trade financing platform for Indian MSMEs at GIFT City
GANDHINAGAR : M1xchange, a digital invoice discounting platform for MSMEs, has set up an international platform —M1NXT ITFS— in GIFT City to enable Indian MSMEs avail global factoring services. This international trade financing services
India’s GDP growth to fall to six-quarter low of 6% in Q1 FY2025: ICRA
NEW DELHI : India’s Economic Growth in the first quarter of the current fiscal (Q1 FY25) is expected to slide on a year-on-year (YoY) basis. Rating firm ICRA has projected the YoY expansion of
X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Green Baltic X-PRESS
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part of Europe’s first scheduled feeder network
DHL names last-mile mobility startup as sustainability challenge winner
SINGAPORE : DHL has named TUX mobility the winner of its latest Fast Forward Challenge. Headquartered in the Netherlands and producing in India, TUX mobility is a developer of the world’s first solar-powered, light
APMT bets on terminal development in Pakistan as subcontinent trade expands
KARACHI : Growing trade volumes out of the Indian subcontinent amid the trade diversification in Asia are driving global maritime investors to pour more money into the market. Maersk subsidiary APM Terminals is weighing
Saudi Red Sea Authority and King Abdullah University of Science and Technology sign an MoU
RIYADH : The Saudi Red Sea Authority (SRSA) has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to explore aspects of cooperation in biodiversity sustainability, support for
Piyush Goyal says growth of e-commerce in India ‘matter of concern: ‘Nothing to be proud of’
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal, expressed his concerns about the rapid growth of E-commerce and online shopping in India, warning that it could transform the country into