Government constitutes Cabinet committees on security, economic and political affairs
NEW DELHI : The Narendra Modi Government on July 3 constituted various cabinet committees, including the country’s highest decision-making bodies on security, economic and political affairs. According to an official notification, the Cabinet Committee
FM Sitharaman eyes higher GDP growth target
NEW DELHI : Anticipating better economic expansion, the Finance Ministry is likely to increase its nominal gross domestic product (GDP) growth target for FY25 in the upcoming Budget from its assumption of 10.5 per
RBI’s proposal to rationalise regulations on export, import transactions will help traders : Exporters
NEW DELHI : The Reserve Bank of India‘s proposal to rationalise regulations that cover export and import transactions would simplify and streamline the processes for the trading community, say exporters. They said that it
JSW Infra arm to develop cargo berth at VO Chidambaranar Port
THOOTHUKUDI : VO Chidambaranar Port Authority in Thoothukudi has signed Concession Agreement with JSW Tuticorin Multipurpose Terminal Private Ltd, a part of JSW Infrastructure, for mechanisation of NCB-III to handle dry bulk cargo. This
Allcargo Gati raises Rs 169.28 crores, plans to expand biz
MUMBAI : Allcargo Gati Limited successfully raised Rs. 169.28 crores by way of issue of equity shares through a QIP (Qualified Institutional Placement) in accordance with the SEBI ICDR Regulations. In respect of the
Indian Railways’ freight revenue jumps 11.12% to Rs 14,798.11 crore in June
NEW DELHI : Indian Railways generated Rs 14,798.11 crore from freight in June, marking an 11.12% increase from Rs 13,316.81 crore earned in the same month last year. The Railway Board reported an originating
SMP Kolkata invites solar project
KOLKATA : The Kolkata Port Trust has announced an invitation for bids for a 2 MW solar power project at the Haldia Dock Complex. This initiative, estimated to cost around Rs.168 million (~$2.01 million),
NHAI takes proactive steps for effective Monsoon Management on National Highways
NEW DELHI : In order to address the issue of water logging on National Highways during the monsoon season, NHAI has taken various measures for flood preparedness and provide emergency response on the National