Nitin Gadkari inaugurates and lays foundation stones of 30 National Highway projects worth Rs 4,755 crore in Haridwar, Uttarakhand
HARIDWAR : Union Minister for Road Transport and Highways Shri Nitin Gadkari inaugurated and laid foundation stones of 30 National Highway projects worth Rs 4,755 crore in Haridwar, Uttarakhand in the presence of Chief
Adani Group in final legs to acquire Shapoorji Gopalpur Port
CUTTACK : SP Port Maintenance, a Shapoorji entity owns the business group’s holding in Gopalpur Port. SP Port Maintenance is a fully owned subsidiary of SP Imperial Star. The remaining shares are owned by
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports
NEW DELHI : The government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals through which import of new vehicles is allowed, according to a notification. With the addition of two
Allcargo Logistics falls 5% after Q3 net profit declines 88% on poor revenue
MUMBAI : Allcargo Logistics Limited and Allcargo Gati Limited, part of the Allcargo Group has announced plans to demerge the International Supply Chain (ISC) business into a separate entity Allcargo ECU Limited, and the
Expect marginal impact of Red Sea crisis on tyre industry, says JK Tyre MD and ATMA Chairman
NEW DELHI : While numerous automakers have witnessed some increase in ocean freight costs due to the ongoing Red Sea crisis, homegrown tyre maker JK Tyre and Industries asserts that it does not foresee
Gujarat Engineering Exports grew by 7% in April to December period
AHMEDABAD : The engineering sector in Gujarat saw exports grow despite negative global factors such as high inflation and the Ukraine-Russia war. The Indian engineering industry registered exports worth $69 billion in April to December 2022,
Russia and Saudi Arabia pull up sagging engineering exports
NEW DELHI : Russia and Saudi Arabia are preventing a steep fall in exports of engineering goods from India. Thanks, at least partly, to these two countries, engineering goods exports this year are expected to exceed the achievement of
US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis : Economist David Rosenberg
NEW YORK : A recession is likely to hit the US Economy in 2024, a new economic model highlighted by the economist David Rosenberg suggests. The economic indicator, which Rosenberg calls the “full model,”