India to remain fastest-growing among major economies, says World Bank
The World Bank has upwardly revised India’s GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January....
View ArticleMultimodal cargo hub at Noida airport set to be ready by November-end
The Noida International Airport Limited, a Uttar Pradesh government body formed to oversee the work of the international greenfield airport project in Jewar, on Wednesday said the multimodal cargo hub...
View ArticleAdani’s Aussie coal port gets A$500 million private credit loan
The Adani Group unit that controls a major Australian coal port has obtained a private credit loan of about A$500 million ($333 million), according to people familiar with the matter. The company North...
View ArticleEcom Express’ Dipanjan Banerjee is new CCO of Blue Dart
Blue Dart Express announced the appointment of Dipanjan Banerjee as chief commercial officer (CCO) and senior management personnel with effect from June 12, 2024, in a filing with BSE. Banerjee...
View ArticleLarsen & Toubro scores order for ONGC’s Daman offshore project
The hydrocarbon business of engineering conglomerate Larsen & Toubro (L&T) has secured an order from India’s Oil & Natural Gas Corporation (ONGC) for the Daman project off the country’s...
View ArticleIndian ship recyclers’ revenue seen rising 15% this fiscal: Crisil ratings
The Indian ship recycling industry will see revenue growth of 15 per cent this fiscal after two years of decline, Crisil ratings said on Thursday. The rating agency said the growth will be supported by...
View ArticleNoida Airport being developed with aspirations to make it a transit hub of...
The Noida International Airport is being developed with aspirations to turn it into a world-class civil aviation facility and a transit hub of the Asia Pacific, the Uttar Pradesh government said on...
View ArticleTERI and Deendayal Port host final conference on “Transition of Business...
The Energy and Resources Institute (TERI) and Deendayal Port Authority (DPA) successfully concluded a pivotal conference on the “Transition of Business Operations to Water Neutrality.” This event...
View ArticleTuticorin container terminal welcomes first crane shipment
J M Baxi Ports & Logistics, a leading name in India’s port and logistics sector, proudly announces the arrival of the first crane shipment at their fully owned container terminal, Tuticorin...
View ArticleGST Council meeting on June 22 to discuss key taxation issues
Finance Minister Nirmala Sitharaman will chair the GST Council meeting on June 22. This will be the first meeting of the Council after the General Election and after October 7 last year. “The 53rd...
View ArticleDGFT wants interest equalisation scheme for exporters to continue
In a move set to bring relief to exporters, the Directorate General of Foreign Trade (DGFT) has concluded that there is merit in continuing the interest equalisation scheme for the export sector and is...
View ArticleSarbananda Sonowal gets into a huddle with officials, sets target for 100...
Soon after assuming charge at the Ministry, the Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal took part in a workshop among the officials of the Ministry of Ports, Shipping...
View ArticleIndia’s Grade A warehousing stock to cross 300 msf by 2025: CREDAI-CRE Matrix...
India’s Grade A warehousing sector is likely to grow significantly and is set to cross 300 million square feet (msf) by 2025, according to a report by the Confederation of Real Estate Developers...
View ArticleProposal for Rs 570 crore state-of-art logistics hub in Agra approved
The Agra Development Authority (ADA) is set to kickstart a mega infrastructural project with the construction of a state-of-the-art logistics hub in Mudhera village, situated southeast of the Gwalior...
View ArticleTrade through Sonamasjid land port to remain closed for seven days for...
Export-import between Bangladesh and India through Chapainawabganj’s Sonamasjid land port will remain suspended for seven days beginning from Saturday on the occasion of the holy Eid-ul-Azha to be...
View ArticleScrap nod to deepen port’s channel: Goa Coastal Zone Management Authority
Slamming state govt for supporting the deepening of Mormugao Port channel, Goa Forward Party (GFP) on Thursday demanded that the Goa Coastal Zone Management Authority (GCZMA) withdraw the clearance...
View ArticleIndian exporters face new surcharges as capacity to Europe tightens
Indian shippers and freight forwarders moving goods to Europe must contend with additional surcharges to secure confirmed bookings, amid growing capacity pressures on the tradelane. CMA CGM has...
View ArticleLarger container lines drive operational gains from ‘own terminals’ in India
As the Red Sea crisis remains a major drag on container supply chains, ‘own terminal advantages’ are believed to be benefiting the larger container lines serving Indian trades. Mediterranean Shipping...
View ArticleAdani Ports gets ‘A’ rating for emission reduction, climate initiatives
The Adani Ports and Special Economic Zone (APSEZ) has been recognized by Carbon Disclosure Project (CDP), a global non-profit, for its exceptional efforts in tackling climate change and implementing...
View ArticleGautam Adani, Tanzania discuss possibilities of “Long-Term Partnership”
Billionaire industrialist Gautam Adani met Tanzanian President Suluhu Samia and discussed the possibilities of forging a long-term partnership with “one of Africa’s most promising nations”. “It was an...
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