Indian Railways’ Rs.2 Tn DFC project is progressing
NEW DELHI : The ambitious project of Indian Railways-constructing dedicated freight corridors (DFCs) worth Rs 2 trillion is progressing as planned, according to recent updates. These corridors aim
ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year
NEW DELHI : The Asian Development Bank (ADB) on Thursday revised India’s gross domestic product (GDP) growth forecast for FY25 to 7%, up from its earlier forecast of
Transworld Group’s Airavat Aviation Forays into India with Former SpiceJet Chief’s Siriu
NEW DELHI : Transworld Group’s Airavat Aviation, a renowned name in luxury privateair travel in the Middle East, is making its mark in India through a strategic collaboration
Air India plans international network expansion
NEW DELHI : Air India will be increasing its international flight destinations with new flights to Ho Chi Minh City in Vietnam, Manila, Seattle, Dallas, and Gatwick. It
Lufthansa suspends flights to Tehran amid fear of Iranian retaliation for embassy attack
COLOGNE : German Airline Lufthansa said on Wednesday it had suspended flights to Tehran due to the situation in the Middle East, which is on alert for possible
WTO forecasts rebound in Global Trade in 2024
GENEVA : Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by high energy prices and related inflation,
CMA CGM announces new PSS in Gambia
MARSEILLE : CMA CGM has announced the following Peak Season Surcharge (PSS) implementation in Gambia, which will take effect on 15 April for all shipments and on 10
Maersk employees innovate a system to deliver fresh water from Maersk’s vessels to Ports
SALALAH : The pioneering project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports and regions
US Navy shot down Houthi missile attacked on Maersk ship
WASHINGTON : United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden. The US-flagged
US container imports remain stable, with several potential global challenges to be seen
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced
