Search result for 'freight'

Anna Chakra: New Tool Optimizes India's PDS Supply Chain

December 5, 2024 20:31

India's government launches 'Anna Chakra', a supply chain optimization tool for the Public Distribution System (PDS), aiming to save costs and reduce emissions.

India Manufacturing Growth Slows to 11-Month Low in November

December 2, 2024 11:32

India's manufacturing sector growth slowed to a joint 11-month low of 56.5 in November, driven by competitive conditions and inflationary pressures, according to a monthly survey. Despite the...

Tiger Logistics Secures Deals with BHEL, BEML & Bank Note Paper Mill

November 29, 2024 15:37

Tiger Logistics has signed agreements with BHEL, BEML and Bank Note Paper Mill India to provide logistics handling and freight support, solidifying its position as a key player in the sector.

Welspun One Launches Rs 2,700 Crore Warehousing Park at JNPA SEZ

November 27, 2024 14:03

Welspun One launches India's largest single-location Grade A warehousing and industrial park at JNPA SEZ in Navi Mumbai, investing Rs 2,700 crore. The facility offers businesses across sectors like...

DPIIT Finalizes Model City Logistics Plans for Delhi, Bengaluru

November 20, 2024 19:30

The DPIIT has finalized model city logistics plans (CLPs) for Delhi and Bengaluru to enhance urban freight efficiency and reduce logistics costs, promoting sustainable urban development.

Kerala Global Investment Summit: Vizhinjam Conclave 2024

November 18, 2024 19:09

Kerala hosts a two-day global investment summit, Vizhinjam Conclave 2024, from January 29 to attract investment in its industrial sector and leverage the Vizhinjam International Seaport.

Tyre Makers Forecast 7-8% Growth in FY24: Crisil

November 18, 2024 12:56

Tyre manufacturers are expected to see a 7-8% topline growth in FY24, driven by a 3-4% increase in realisations and volume, according to Crisil Ratings. The analysis is based on the performance of...

Global Oil Market to Calm on Increased Production: Puri

November 14, 2024 15:43

India's Petroleum Minister Hardeep Singh Puri predicts oil market stability with increased production from the US, Canada, and other western countries. He expects OPEC+ to review production cuts...

DSV to Acquire Schenker for €14.3 Billion: CCI Approval

November 12, 2024 19:50

Denmark's DSV A/S has received CCI approval to acquire Schenker for €14.3 billion. The deal will create a global logistics giant. #DSV #Schenker #logistics #CCI

Global Distriparks Profit Drops 18% in Q2

November 11, 2024 19:13

Global Distriparks Ltd reported a 18% drop in net profit to Rs 60.1 crore in the September quarter, with total revenue also declining slightly. The company attributed the decline to the Red Sea...

Jupiter Wagons Q2 Profit Up 8.9% to Rs 89.36 cr

November 8, 2024 18:32

Jupiter Wagons reported an 8.9% rise in Q2 net profit to Rs 89.36 crore, driven by strong revenue growth and a robust order book. The company also announced plans to invest Rs 2,500 crore in a new...

Gateway Distriparks Launches Double Stack Rail Services

November 4, 2024 14:03

Gateway Distriparks Ltd. introduces double stack rail services at its Faridabad hub, boosting capacity, reducing transit time and logistics costs. This service connects major seaports via the...

Petrol, Diesel Commission Hike: No Price Change, But Rates Down in Some States

October 30, 2024 15:44

Petrol and diesel commission hiked for dealers, no retail price change, but rates will decrease in some states due to freight rationalization.

Petrol Pump Dealers Get Commission Hike, Fuel Prices Stay Same

October 29, 2024 22:04

Indian Oil hiked commission for petrol pump dealers, but fuel prices remain unchanged. Learn more about the impact on dealers and the rationalization of intra-state freight.

No Oil Shortage, India's Refining Capacity Sufficient: Puri

October 29, 2024 15:17

Union Minister Hardeep Singh Puri assures no oil shortage globally and India has enough refining capacity. He attributes recent price hikes to geopolitical tensions and freight costs.

JSW Infrastructure Q2 Profit Up 40% to Rs 374 Crore

October 28, 2024 19:38

JSW Infrastructure reported a 40% rise in Q2 net profit to Rs 374 crore, driven by higher income and cargo volumes. The company also won a bid for a new port in Maharashtra.

Logistics Industry Challenges: Infrastructure, Workforce && More

October 26, 2024 13:34

Experts highlight key challenges facing the logistics industry, including road infrastructure, land availability, skilled workforce shortages, and rising costs. Learn about the industry's outlook...

Oil Prices: Minister Puri Hopes for Cool Down

October 22, 2024 17:30

India's Petroleum Minister Hardeep Singh Puri expressed hope for a decline in global oil prices, citing sufficient oil supplies and upcoming production from Brazil and Guyana. He also acknowledged...

Mahindra Logistics Q2 Profit Down 54% to Rs 8.5 Cr - Business News

October 21, 2024 20:07

Mahindra Logistics reports a 54% drop in Q2 FY25 profit to Rs 8.5 crore, but revenue grows 9% to Rs 1,236 crore. The company highlights strong performance in 3PL, cross-border, and last-mile...

Indian Apparel Exporters Forecast 9-11% Revenue Growth in FY25: ICRA

October 21, 2024 13:34

Indian apparel exporters are expected to see a 9-11% revenue growth in FY25, driven by inventory liquidation, global sourcing shift to India, and government support. ICRA highlights challenges like...

CEAT expects easing of pressure from high rubber price in H2: MD & CEO

October 20, 2024 10:39

CEAT expects easing pressure from high natural rubber prices in the second half of FY23, after being impacted by 15-year high domestic prices, says MD & CEO Arnab Banerjee. The company expects its...

India's Ship Recycling Industry to Grow to 4.2 Million GT by 2025

October 10, 2024 21:24

India's ship recycling industry is projected to reach 3.8-4.2 million GT in 2025, driven by a surge in obsolete ships and stable scrap prices. Learn more about the industry's growth and key factors...

India's Logistics Data Bank Tracks 75 Million Containers

October 3, 2024 18:52

India's Logistics Data Bank (LDB) has tracked over 75 million export and import containers, boosting logistics efficiency and improving the country's ranking in the World Bank's Logistics...

Indian Hotels Signs 35 Properties, Opens 12 New Hotels in H1FY25

October 3, 2024 17:26

Indian Hotels Company reports signing 35 properties and opening 12 new hotels in H1FY25, expanding its portfolio to 345 properties. The company also highlights its international growth strategy...

West Asia Conflict Hits India's Trade with Israel, Jordan, Lebanon

October 1, 2024 19:13

The escalating conflict in West Asia is impacting India's trade with Israel, Jordan, and Lebanon, leading to significant export declines, according to GTRI. Learn about the implications for Indian...

IPEF: Goyal Calls for Collaboration to Maximize Potential

September 24, 2024 18:50

India's Commerce Minister Piyush Goyal emphasizes the need for collaboration in areas of strength to fully realize the potential of the IPEF, focusing on supply chain resilience, clean energy, and...

FIEO Urges Govt to Extend Interest Subvention Scheme

September 24, 2024 16:02

FIEO calls for a 5-year extension of the interest subvention scheme to boost exports and address liquidity concerns in the Indian export sector.

Trucks-on-Train: One Year of Growth on Western DFC

September 24, 2024 11:43

DFCCIL's Trucks-on-Train service celebrates its first anniversary, showcasing significant growth potential for road decongestion, pollution control, and business growth.

Boosting Export Competitiveness: India Cuts Port Charges & Buys Vessels

September 20, 2024 19:00

India aims to boost export competitiveness by reducing port charges, purchasing additional container vessels, and addressing container shortages. This will benefit Indian exporters, especially SMEs.

Govt Steps to Resolve Shipping Woes for Traders

September 19, 2024 15:19

Indian government announces measures to address shipping sector issues impacting exporters and importers, including container shortages, high freight rates, and port delays.

India Aims for USD 825 Billion Exports: Goyal

September 18, 2024 22:32

India's Commerce Minister Piyush Goyal targets USD 825 billion in exports this fiscal, despite global challenges. He also outlines plans to attract foreign investments through single-window...

India's Exports Plunge 9.3% Amidst Red Sea Crisis && Logistical Challenges

September 17, 2024 19:10

India's exports contracted 9.3% in August due to the Red Sea crisis and logistical challenges, impacting petroleum product exports significantly. Experts call for government intervention to support...

Jupiter Wagons Expands Odisha Production: Rs 2,500 Crore Investment

September 17, 2024 18:36

Jupiter Wagons invests Rs 2,500 crore to expand its Odisha subsidiary's production capacity to 100,000 forged wheel sets annually, aiming for global market share.

Delhivery Partners Teamglobal for Ocean Freight Services

September 16, 2024 10:41

Delhivery teams up with Teamglobal Logistics for ocean freight services, expanding reach to 120+ countries and offering integrated in-land and international logistics solutions.

Cathay Cargo Seeks Indian Airlines for Hong Kong Terminal

September 15, 2024 16:32

Cathay Cargo aims to attract Indian airlines to use its Hong Kong terminal, offering efficient freight services and connections to global markets.

Freight Costs, Container Shortages Threaten India's Exports: GTRI

September 15, 2024 13:25

Rising freight costs, container shortages, and dependence on foreign carriers pose serious challenges to India's exports, warns GTRI. Urgent steps needed to boost domestic container production and...

Declining Bank Credit Hurts Exporters: Meeting with Goyal on Sep 11

September 8, 2024 16:06

Exporters are facing a decline in bank credit, impacting their ability to compete globally. The issue will be raised in a meeting with Commerce Minister Piyush Goyal on September 11.

South Africa to Learn from India's Rural Electrification Success

September 1, 2024 22:39

South Africa's Deputy President highlights India's success in rural electrification and renewable energy integration. Learn about the NDB's support for South Africa's infrastructure development.

NRL Records Rs 23,731 Crore Revenue in FY24

August 30, 2024 20:29

Numaligarh Refinery Limited (NRL) achieved a revenue of Rs 23,731 crore and a net profit of Rs 2,160 crore in FY24, despite challenges in the first quarter. The company also declared a final...

Rajasthan Signs Rs 4.5 Lakh Crore Investment Deals at Rising Rajasthan Summit

August 30, 2024 18:24

Rajasthan Chief Minister Bhajan Lal Sharma signs investment agreements worth Rs 4.5 lakh crore at the 'Rising Rajasthan' Global Investment Summit, aiming for a Rs 30 lakh crore economy in the next...

Amazon & Indian Railways Partner for Faster Deliveries

August 29, 2024 19:21

Amazon and Indian Railways strengthen their partnership to improve e-commerce delivery times through a new hub-and-spoke model and expanded rail network.

Exporters Relieved as Port Strike Deferred

August 27, 2024 22:13

Indian exporters rejoice as port and dock workers'' unions defer indefinite strike, averting potential disruption to outbound shipments.

Bangladesh Garment Industry Crisis: Unrest & Floods Hit Exports

August 27, 2024 08:38

Bangladesh's garment industry faces a severe crisis due to political unrest, floods, and factory closures, threatening export earnings and millions of jobs.

Om Logistics Acquires ICD in Haryana for Rs 110 Cr

August 23, 2024 21:23

Om Logistics expands its pan-India operations with the acquisition of Inland Container Depot (ICD) in Bawal, Haryana for Rs 110 crore. The strategic location and multimodal connectivity will...

India's Engineering Exports Grow 3.6% in July Amid Global Challenges

August 23, 2024 18:32

Despite global challenges, India's engineering goods exports rose 3.6% year-on-year in July, reaching USD 9.04 billion. Read about the sector's resilience and challenges.

Allcargo Logistics Profit Plunges 97% in June Quarter

August 14, 2024 15:45

Allcargo Logistics' standalone net profit plummeted 97% to Rs 3.36 crore in the June 2024 quarter, despite a 46% rise in revenue. Learn more about the company's performance and outlook.

Allcargo Logistics Q1 Profit Plunges 97%: Key Highlights

August 14, 2024 12:32

Allcargo Logistics's net profit in Q1 FY24 fell 97% to Rs 3.36 crore, despite revenue growth. Learn about the factors driving performance and future outlook.

Bharatmala Pariyojana Phase-I Completion by 2027-28: MoRTH

August 12, 2024 17:54

The Modi government's Bharatmala Pariyojana Phase-I, exceeding expenditure limits, is expected to be completed by 2027-28, according to the MoRTH annual report. The project involves 34,800 km of...

Domestic API Firms Revenue to Grow 7-8% by 2029: Icra

August 12, 2024 17:20

India's domestic API firms are expected to see revenue growth of 7-8% by 2029, driven by rising demand and pharmaceutical industry expansion, according to Icra.

Global Distriparks Profit Down 23% in Q1 FY25

August 8, 2024 21:01

Global Distriparks Ltd's net profit declined 23% to Rs 49 crore in Q1 FY25, impacted by global supply chain disruptions. Revenue also fell by 4.59%.

Kaushalya Logistics Expands with New Vertical & Depot in Maharashtra

August 6, 2024 17:25

Kaushalya Logistics launches a new freight forwarding vertical and a cement depot in Maharashtra, boosting logistics services for Adani Cement.

India PV Sales Rise 10% in July: FADA

August 5, 2024 11:33

Passenger vehicle sales in India jumped 10% in July, driven by new launches and discounts, says FADA. However, high inventory levels pose a risk to dealer sustainability.

Boost India's E-Commerce Exports to $350 Billion: GTRI Recommendations

August 5, 2024 11:10

GTRI recommends reforms in customs, banking, and incentives to boost India's e-commerce exports to $350 billion by 2030. Learn about their key recommendations for growth.

Jamsetji Tata: The Untold Story of Tata Group's First Business

August 4, 2024 11:30

Discover the story of Jamsetji Tata's first business venture, Tata Line, and his bold decision to shut it down despite its potential impact on his reputation. Learn about his fight against the...

JK Tyre Q1 Profit Up 37% to Rs 211 cr - News

August 3, 2024 16:28

JK Tyre & Industries reported a 37% rise in Q1 net profit to Rs 211 crore, despite a decline in total income. Read more about the company's performance.

HeidelbergCement India Q1 Profit Down 23.7% to Rs 39.9 Crore

August 1, 2024 13:50

HeidelbergCement India's net profit declined by 23.7% to Rs 39.9 crore in Q1 FY24, impacted by lower revenue and volume. Read more about the company's performance.

India Needs Reforms to Attract FDI: GTRI

August 1, 2024 11:52

Global Trade Research Initiative (GTRI) highlights strategic reforms needed to boost India's FDI appeal. The think tank suggests measures to reduce costs, improve Ease of Doing Business and create...

TVS Supply Chain Solutions Q1 PAT at Rs 7.5 cr | Strong Growth

July 31, 2024 16:25

TVS Supply Chain Solutions reports consolidated Q1 PAT at Rs 7.5 crore, driven by topline growth in Integrated Supply Chain Solutions and Network Solutions. Read more.

Jindal Stainless Q1 Profit Down 12% to Rs 646 Cr

July 30, 2024 17:59

Jindal Stainless Ltd (JSL) reported a 12% decline in consolidated net profit to Rs 646.07 crore in Q1 FY25, mainly due to lower income. The company also announced plans to raise up to Rs 5,000...

Arvind Ltd Q1 Profit Dips 37.25%, Revenue Falls 1.2%

July 29, 2024 19:25

Arvind Ltd reported a 37.25% decline in consolidated net profit for Q1 FY25, impacted by workers' strike and general elections. Revenue also fell 1.2%.

Petroleum Pipeline Tariff Hike: Boost for IOC, Reliance

July 26, 2024 17:13

India's oil regulator raises pipeline tariffs for petroleum products like petrol and diesel, benefiting companies like IOC and Reliance. Learn about the new tariff structure and its impact.

Jupiter Wagons Q1 Profit Rises 40% to Rs 89 Cr

July 26, 2024 15:16

Jupiter Wagons Ltd reported a 40.3% increase in profit after tax to Rs 89.23 crore for the June quarter, driven by strong wagon business and diversification efforts.

Texmaco Acquires Jindal Rail Infra for Rs 615 Cr

July 25, 2024 19:05

Texmaco Rail & Engineering has acquired 100% of Jindal Rail Infrastructure for Rs 615 crore, marking the largest acquisition in India's rolling stock industry. The deal aims to expand Texmaco's...

First Freighter Aircraft Arrives at Goa's Manohar Airport

July 25, 2024 17:27

Manohar International Airport in Goa welcomes its first freighter aircraft, carrying 22 tons of goods. This marks a significant milestone for the airport's cargo operations.

Punjab Seeks Incentives for Border District Development - 16th Finance Commission

July 23, 2024 22:15

Punjab government requests incentives from the 16th Finance Commission for industrial growth in border districts, including special economic zones and freight subsidies.

India's Logistics Powerhouse: Budget Boosts Infrastructure, Tech & MSMEs

July 23, 2024 20:25

India's Union Budget 2024-25 focuses on infrastructure development, technology, and supporting MSMEs, positioning India as a global logistics powerhouse. Industry executives applaud the initiatives.

Mahindra Logistics Profit Drops 55% in Q1 FY25

July 22, 2024 22:30

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

India's Dependence on China for Critical Minerals: Economic Survey

July 22, 2024 17:57

India's Economic Survey highlights the need to address dependence on China for critical minerals essential for green transition, while urging diversification of energy sources and strategic...

India's Agri & Processed Food Exports Dip 3% in Q1 FY24

July 19, 2024 19:00

India's agricultural and processed food exports declined by 3% to USD 5.88 billion during April-June 2023 due to factors like the Red Sea crisis, rising freight costs, and container shortages.

Logistics Budget Wishlist: Ease of Doing Business, Green Initiatives

July 18, 2024 20:32

Logistics industry expects Union Budget 2024-25 to focus on ease of doing business, incentives for green initiatives, infrastructure development, and streamlined regulations.

SMP Launches Direct China-Kolkata Freight Service

July 18, 2024 19:22

SMP Kolkata launches a direct weekly freight service from China to Kolkata, boosting trade connectivity and reducing transit times. The service aims to enhance logistical efficiency and stimulate...

Ceat Q1 Profit Rises 7% to Rs 154 Cr, Revenue Up | Business News

July 18, 2024 19:13

Ceat's net profit for Q1 FY24 grew by 7% to Rs 154 crore, driven by strong performance in replacement and export segments. Revenue also increased to Rs 3,193 crore.

CEAT Q1 Profit Up 7% to Rs 154 cr - Tyre Maker Reports Strong Growth

July 18, 2024 19:03

CEAT Ltd's net profit rose 7% to Rs 154.18 crore in the June quarter, driven by strong growth in replacement and export segments. Read more.

India-Russia Trade Boost: Exports, Local Currency & FTA

July 18, 2024 12:39

GTRI report highlights increasing exports, local currency trading & FTA as key to boosting India-Russia commerce. Learn about the trade deficit, INSTC & more.

India's Export Growth Slowed in June: Logistics Disruptions

July 15, 2024 19:35

Logistics disruptions, including container shortages and irregular shipping schedules, impacted India's export growth in June, according to FIEO. Despite this, exports rose 2.56% to USD 35.2 billion.

India's New Shipbuilding Policy: Aiming for Top 5 Global Ranking

July 4, 2024 20:55

India's shipping ministry is set to unveil a new shipbuilding and repair policy as part of its 100-day action plan. The goal is to elevate India's shipbuilding sector to the top 5 globally by 2047.

Air Cargo Sector Growth: Faster Turnaround Time Key

July 4, 2024 15:25

India's air cargo sector is poised for growth, with a focus on improving processes and faster turnaround times. The government is developing logistics hubs to boost the industry.

Exporters Urge Goyal to Restore IES Benefits - FIEO

June 29, 2024 16:23

FIEO expresses concern over IES extension for MSMEs only, urging restoration of benefits for all exporters, citing impact on labor-intensive exports and competitiveness.

India Imposes Anti-Dumping Duties on Chinese Products

June 27, 2024 21:26

India has imposed anti-dumping duties on three Chinese products, including hydraulic rock breakers, to protect domestic industries from cheap imports. The duties range from 4.55% to 162.5% of the...

Copthall Mauritius Buys Jupiter Wagons Shares for Rs 214 Crore

June 25, 2024 21:47

Copthall Mauritius Investment has acquired a 0.8% stake in Jupiter Wagons for Rs 214 crore through an open market transaction. The shares were bought at an average price of Rs 652 apiece.

E-connect Platform for Small Exporters: DGFT

June 21, 2024 21:35

DGFT to launch an e-connect platform to provide information and support to small exporters on duties, trade-related issues, and e-commerce exports.

Bengaluru Second Airport: Karnataka Minister Holds Meeting - PTI

June 20, 2024 21:54

Karnataka Minister M B Patil met with officials to discuss the construction of a second airport for Bengaluru, citing the growing demand for air travel and cargo capacity.

Vadhvan Port to Boost Maharashtra Economy by 1%: Official

June 20, 2024 19:28

The upcoming Vadhvan Port in Maharashtra, a Rs 76,200 crore greenfield project, is expected to boost the state's economy by 1% upon completion, according to JNPA Chairman Unmesh Sharad Wagh. The...

EESL Appoints New CFO & Company Secretary

June 20, 2024 17:17

Energy Efficiency Services Ltd (EESL) appoints Arvind Kumar Talan as CFO and Laxman Aggrawal as Company Secretary, bringing extensive experience in finance and corporate governance.

Air Conditioner Shortage: India Airlifts Parts Amid Record Demand

June 19, 2024 15:58

Unprecedented heatwave drives up AC sales in India, forcing manufacturers to airlift components from abroad to meet the surge in demand. Learn more about the impact on pricing and industry trends.

S Africa clears import of mangoes from India: APEDA official

June 18, 2024 00:45

South Africa has granted permission to import mangoes from India, opening up a new market for Indian farmers. The move is expected to benefit both countries and boost trade relations.

EEPC India Cautiously Optimistic on Engineering Exports in FY'25

June 14, 2024 19:07

EEPC India reports a 7.3% year-on-year increase in engineering exports in May, reaching USD 9.98 billion. The council remains cautiously optimistic about growth in FY'25, citing improving demand...

AAP MP Urges PLI Scheme Extension for Bicycle, Toy, Leather Industries

June 14, 2024 18:38

AAP MP Vikramjit Singh Sahney has urged PM Modi to extend the PLI scheme to the bicycle, toy, and leather industries, citing the need for support to enhance quality and compete globally.

Allcargo Logistics Partners with ShipBob for Global Freight

June 13, 2024 16:25

Allcargo Logistics' ECU Worldwide partners with ShipBob to offer ocean and air freight services to ShipBob's receiving hubs and fulfillment centers in the US, Europe, Canada and Australia.

PwC: Granular Approach for Biz Support & Job Creation

June 12, 2024 14:44

PwC India Chair Sanjeev Krishan emphasizes a granular approach to support small businesses and job creation for inclusive growth. He advocates for targeted initiatives, infrastructure development,...

India Manufacturing Growth Slows in May, Exports Surge - PMI

June 3, 2024 11:57

India's manufacturing sector grew slower in May but remained in expansion territory, with exports hitting a 13-year high, according to the HSBC India Manufacturing PMI.

Gateway Distriparks Profit Falls 18% in Q4 FY24

May 31, 2024 14:16

Gateway Distriparks Limited (GDL) reported an 18% decline in profit after tax to Rs 56.50 crore in the January-March quarter due to the Red Sea crisis, impacting supply chains.

Jupiter Electric Mobility Gets ARAI Approval for Battery-operated LCVs

May 31, 2024 14:02

Jupiter Electric Mobility receives ARAI approval for its battery-operated light commercial vehicles, launching JEM TEZ, a 1-ton EV with a 127 km range and rapid charging.

HeidelbergCement India Q4 Profit Up 38% to Rs 48 cr

May 29, 2024 20:22

HeidelbergCement India reported a 38% increase in Q4 profit to Rs 48.16 crore, driven by lower operating costs. Revenue dipped slightly due to price reductions.

JK Tyre Q4 Profit Surges 54% to Rs 172 cr

May 21, 2024 19:05

JK Tyre's net profit for Q4 FY24 jumped 54% to Rs 172 crore, driven by higher sales. The company also reported a three-fold increase in full-year profit.

Wabtec Opens Rs 230 Crore Plant in Rohtak for Transit Rail Components

May 20, 2024 20:13

Wabtec Corporation inaugurates a new Rs 230 crore manufacturing plant in Rohtak, Haryana, focusing on transit rail components and subsystems. The facility will initially produce axle-mounted disc...

Delhivery Q4 Net Loss Narrows to Rs 68 Crore

May 18, 2024 16:33

Delhivery's consolidated net loss narrowed to Rs 68.4 crore in Q4 FY24, driven by higher income. The company also saw a decline in its full-year net loss.

India's EV Policy Attracts Global Companies: DPIIT Secy

May 18, 2024 13:47

India expects strong response from global automakers on its EV policy, offering tariff incentives for manufacturing. The policy aims to attract major players like Tesla and boost domestic production.

JB Pharma Q4 PAT Up 43% to Rs 126 Cr | Strong Sales Growth

May 17, 2024 19:51

JB Chemicals & Pharmaceuticals reported a 43% increase in profit after tax (PAT) to Rs 126 crore in the March quarter, driven by strong sales. Revenue also rose to Rs 862 crore.

Tesla Silent on India Plans: Official | EV Policy

May 17, 2024 18:21

Tesla remains silent on its India plans despite the government's new EV policy, which offers import duty concessions for manufacturing units. Elon Musk's visit was postponed.

India's EV Policy: Detailed Guidelines & Investment Incentives

May 17, 2024 17:46

India's government is finalizing detailed guidelines for companies investing in electric vehicles, including import licenses, investment commitments, and duty concessions. The policy aims to...

India's Economy to Grow 7% in 2024: UN

May 17, 2024 07:31

The UN revised India's 2024 growth projection upwards to 7%, citing strong public investment and resilient private consumption. The global economy is also expected to see a modest recovery in 2024.

China Dumping Threat to India Amid US Trade War: FIEO

May 16, 2024 19:50

FIEO warns of potential dumping of Chinese goods in India due to the US-China trade war. The exporters' body calls for vigilance and appropriate action to safeguard businesses.

Container Volume to Grow 8% to 342 Million Tonnes in FY25: Report

May 16, 2024 18:52

Container volume in India is expected to grow 8% to 342 million tonnes in FY25, driven by capacity additions and the dedicated freight corridor. Coal cargo is also expected to grow.

Stellantis to Produce Leapmotor EVs in India

May 14, 2024 17:34

Stellantis open to using its Indian facility to produce and sell EVs from its Chinese JV partner Leapmotor, aiming to overcome import duty hurdles.

Chabahar Port: India's Trade Route Expansion

May 14, 2024 17:11

India's 10-year contract to operate Chabahar Port will boost trade with Central Asia, but infrastructure is crucial. Learn about the strategic importance and economic benefits of this port.

India & Iran Sign Chabahar Port Deal: Long-Term Operation

May 13, 2024 17:18

India and Iran have signed a long-term contract for the operation of the Shahid Beheshti Port terminal at Chabahar, marking India's first overseas port management.

India Tyre Market: Moderate Growth of 4-6% Expected in FY25 | Icra

May 9, 2024 16:08

Icra forecasts a moderate growth of 4-6% in domestic tyre sales volumes for FY25, driven by healthy demand in passenger vehicle and two-wheeler segments. However, high natural rubber prices and...

India's Exports May Face Demand Slowdown: FIEO

April 29, 2024 18:38

Global uncertainties, including the war in Ukraine, may impact India's exports in Q1 2024-25. FIEO calls for interest subvention support for exporters.

India's Exports May Suffer as Global Uncertainties Rise: FIEO

April 29, 2024 14:14

India's exports may be affected by global uncertainties, especially in the first quarter of 2024-25, as demand slowdown is expected. FIEO calls for government support.

Boost India's Exports: CII Urges Tech Investment, Training

April 25, 2024 18:01

CII calls for increased investments in technology for cargo tracking, workforce training, and infrastructure to enhance India's export competitiveness.

Iran-Israel Conflict: Oil, LNG Prices to Spike on Strait Blockade

April 21, 2024 12:46

Iran-Israel conflict threatens to disrupt oil and LNG supplies through Strait of Hormuz, leading to price hikes and inflation. Learn about the potential impact on India and global markets.

Elon Musk Delays India Visit Due to Tesla Obligations

April 20, 2024 11:34

Elon Musk postpones his India visit due to Tesla commitments, but plans to visit later this year. The visit was anticipated to include discussions on Tesla's entry into the Indian market and...

India's Exports Dip in March, FY24 Trade Data

April 15, 2024 20:04

India's merchandise exports declined marginally in March, with FY24 exports down 3.11%. Trade deficit narrowed due to lower imports, but gold imports surged.

India's Engineering Exports Reach USD 109 Billion in FY24 | EEPC

April 15, 2024 18:02

India's engineering exports rose to USD 109.31 billion in FY24 despite global challenges, driven by competitiveness and new FTAs. EEPC expects exports to reach USD 300 billion by 2030.

India Auto Sales Surge in FY24: FADA Reports Double-Digit Growth

April 8, 2024 10:42

India's automobile retail sales witnessed double-digit growth in FY24, driven by strong demand for passenger vehicles, three-wheelers, and tractors, according to FADA.

Kolkata Port Profit Soars 65% to Rs 501cr in FY'24 | Record Cargo Handling

April 4, 2024 21:27

Kolkata Port records a record high of 66.4 million tonnes of cargo handling in FY'24, with profit jumping 65% to Rs 501.73 crore. Read more.

ECoR Freight Loading Hits Record High in FY'24 | 256.2 MT

April 3, 2024 00:07

East Coast Railway (ECoR) registers a record 256.22 million tonnes of freight loading in FY'24, marking a 6.1% growth on-year.

DP World Launches Ahmedabad-Mundra Rail Freight Service

April 2, 2024 17:40

DP World has launched a dedicated rail freight service connecting Sachana, Ahmedabad ICD to Mundra, offering faster and more efficient export and import options.

DP World Launches Daily Rail Freight Service Between Chennai and NCR

March 4, 2024 18:35

DP World launches a new daily rail freight service connecting Chennai with the National Capital Region under its 'SARAL' initiative, offering multimodal connectivity and cost-effective logistics...

Lift Export Ban on De-oiled Rice Bran: SEA Urges Govt

March 1, 2024 18:50

The Solvent Extractors Association of India (SEA) has urged the government to lift the export ban on De-oiled Rice Bran (DORB), arguing that it hasn't reduced milk prices but has negatively...

Tesla Plant Expansion Protest: Activists Build Treehouses Near Berlin

March 1, 2024 18:15

Environmental activists are protesting Tesla's plans to expand its factory near Berlin, building treehouses and vowing to stay for weeks. The expansion would require cutting down over 100 hectares...

Indian Logistics Market to Grow to USD 484.43 Billion by 2029

March 1, 2024 17:28

India's freight and logistics market is projected to reach USD 484.43 billion by 2029, driven by technological advancements and a CAGR of 8.8%.

Vijayawada Railway Division Surpasses Freight Loading Target

February 29, 2024 22:24

Vijayawada Railway Division has surpassed its previous fiscal's freight loading target, recording its highest freight earnings and aiming for a record Rs 5,000 crore revenue.

Coal Sector Contributes Rs 70,000 Cr Annually to Govt

February 26, 2024 20:59

India's coal sector generates over Rs 70,000 crore annually for the Centre and states through taxes, royalties, and other levies, playing a vital role in socio-economic development.

Japan Commits 232.209 Billion Yen for India Projects

February 20, 2024 15:08

Japan has committed 232.209 billion yen (Rs 12,800 crore) for 9 projects in India, covering infrastructure, start-ups, horticulture, and climate change. The projects aim to boost India's economic...

Vadhavan Port: Green Nod, Cabinet Approval Soon

February 16, 2024 20:06

Vadhavan Port in Maharashtra receives environmental clearance, with cabinet approval expected soon. The Rs 76,220 crore project is opposed by locals, but offers economic benefits.

Vadhavan Port Gets Green Nod: Cabinet Approval Next

February 16, 2024 19:04

Vadhavan Port in Maharashtra receives environmental clearance. The Rs 76,220 crore project will soon seek cabinet approval, says Union Minister Sarbananda Sonowal.

India's Exports Rise 3.12% in January Despite Red Sea Crisis

February 15, 2024 18:01

India's exports grew 3.12% in January despite the Red Sea crisis, while the trade deficit narrowed to a nine-month low. Crude oil imports rose 4.33%, gold imports surged 174%.

Bangladesh Cargo Trans-shipment Suspended: AEPC Urges Govt

February 15, 2024 15:55

Apparel Export Promotion Council (AEPC) has requested the Indian government to suspend trans-shipment of Bangladeshi export cargo through Delhi Air Cargo Complex, citing increased logistical...

Delhi Draft Policy: Relocating Logistics to Decongest City

February 10, 2024 19:24

Delhi proposes a new logistics policy to reduce congestion by setting up freight villages and micro-delivery hubs, relocating logistics infrastructure to the city's periphery.

Red Sea Disruptions: Freight Costs to Rise 25-30% - Ind-Ra Report

February 9, 2024 17:02

Disruptions in the Red Sea route are expected to increase freight and forwarding costs by 25-30%, impacting Indian businesses, particularly in sectors like agriculture, textiles, and iron & steel....

Centre Releases Rs 15,948 Crore to Sugar Mills in 5 Years

February 9, 2024 15:11

The Indian government has released Rs 15,948 crore to sugar mills in the last five years to improve liquidity and clear cane price dues to farmers. The schemes also included buffer stock creation,...

Red Sea Crisis Impacts Indian Exporters: Commerce Ministry Takes Action

February 8, 2024 22:22

Indian exporters are facing challenges due to the Red Sea crisis, leading to increased freight costs and potential trade disruptions. The commerce ministry is working to address these issues.

Red Sea Crisis: Finmin Asks Banks to Aid Exporters

February 8, 2024 15:20

India's finance ministry urges banks to show sensitivity to exporters facing trade finance and insurance issues due to the Red Sea crisis.

Red Sea Crisis: Finmin Urges Banks to Help Exporters

February 8, 2024 15:08

India's finance ministry has asked banks and insurance companies to support exporters facing challenges due to the Red Sea crisis, which has disrupted shipping routes and increased costs.

Railway Board Approves Wagon Workshop in Odisha

February 7, 2024 20:04

The Railway Board has approved Rs 244.77 crore for setting up a wagon periodic overhauling (PoH) facility at Kantabanji in Odisha's Balangir district.

ECGC Maintains Moratorium on Export Insurance Rates

February 7, 2024 16:31

India's government has directed ECGC to maintain a moratorium on insurance rates for Indian exporters, ensuring continued support amid the Red Sea crisis.

Lufthansa Cancels Flights Due to Ground Staff Strike

February 7, 2024 15:44

Lufthansa cancels hundreds of flights at 5 German airports due to a 27-hour strike by ground staff demanding a pay raise. The strike impacts Frankfurt, Munich, Berlin, Duesseldorf, and Hamburg.

Vibhor Steel Tubes Expands Capacity in Odisha

February 7, 2024 14:58

Vibhor Steel Tubes is setting up a new unit in Odisha to increase its manufacturing capacity to 3.41 lakh tonne. The new plant will manufacture value-added products and is expected to be...

Air India SATS Starts Cargo Handling at Ranchi Airport

February 7, 2024 12:14

Air India SATS Airport Services Ltd. (AISATS) has commenced domestic cargo handling services at Ranchi Airport, aiming to enhance cargo throughput and connectivity in Jharkhand.

Red Sea Crisis: Inter-Ministerial Panel to Meet on Feb 8

February 6, 2024 16:45

A high-level panel will meet on February 8 to discuss trade disruptions caused by the Red Sea crisis, with officials from key ministries participating. The crisis has led to increased shipping...

TVS Supply Chain Solutions Q3 PAT at Rs 10 cr - PTI

February 6, 2024 12:02

TVS Supply Chain Solutions Ltd posted a consolidated profit after tax of Rs 10 crore for the October-December 2023 quarter, down from Rs 17.2 crore in the same period last year. Revenue also...

India Energy Week 2024: Leaders Gather for Energy Security

February 5, 2024 18:18

India Energy Week 2024 brings together global energy leaders to discuss energy security, transition to cleaner fuels, and India's energy strategy.

Titagarh Rail Systems Q3 Profit Soars 91% to Rs 75 cr

February 5, 2024 12:00

Titagarh Rail Systems Ltd (TRSL) reported a 91.3% surge in profit after tax to Rs 75.03 crore in the December quarter, driven by strong operational momentum and government's focus on rail...

India Services PMI Hits 6-Month High: Strongest Growth Since Mid-2023

February 5, 2024 11:53

India's services sector saw a six-month high in January, driven by new business growth and strong export sales. The HSBC India Services PMI reached 61.8, indicating robust expansion.

Red Sea Crisis: No Impact on India's Trade Yet, But Concerns Remain

February 4, 2024 16:10

India's trade with the Middle East and Europe is unaffected by the Red Sea crisis so far, but rising freight costs raise concerns for exporters. Learn more about the potential impact.

India Can Survive Red Sea Crisis: US-India Forum Head

February 3, 2024 14:09

India will not face major inflation or shortages due to the Red Sea crisis, says US-India Strategic Partnership Forum head. Learn how India plans to navigate the shipping route disruptions and...

Red Sea Crisis Doesn''t Affect Container Availability: Patel

February 2, 2024 19:56

India''s container availability remains unaffected by the Red Sea crisis, with ships being diverted via the Cape of Good Hope route. The government is closely monitoring the situation.

Union Budget Boosts Multi-Modal Connectivity: Logistics Players React

February 1, 2024 21:56

The Union Budget 2024-25 focuses on multi-modal connectivity with economic railway corridors, port connectivity, and PM Gati Shakti initiatives, boosting logistics and infrastructure.

Rail Stocks Dip After Budget, Despite Infrastructure Plans

February 1, 2024 18:45

Indian railway stocks fell after the budget despite positive announcements on infrastructure development, including the creation of three economic corridors and the upgrade of rail bogies to Vande...

Interim Budget 2024: CII hails focus on infrastructure, 'Viksit Bharat'

February 1, 2024 17:27

CII hails the interim Budget 2024-25, highlighting its focus on infrastructure, youth, agriculture, women, and green goals, laying a strong foundation for 'Viksit Bharat' by 2047.

TN Govt Signs Deal with Hapag-Lloyd for Container Terminals & Logistics Parks

February 1, 2024 14:23

Tamil Nadu government signs MoU with German firm Hapag-Lloyd for Rs 2,500 crore investment in container terminals and logistics parks in Thoothukudi and other parts of the state.

HeidelbergCement India Q3 Profit Rises to Rs 31.47 Cr | Business News

January 31, 2024 22:24

HeidelbergCement India's net profit surged to Rs 31.47 crore in Q3, driven by lower operating costs and a 12.4% revenue increase. Read more about the company's performance.

Wiz Freight Raises Rs 125 Cr Series B Funding for Expansion

January 31, 2024 15:08

Wiz Freight, a cross-border supply chain startup, secures Rs 125 crore Series B funding led by SBI Investment and Nippon Express to fuel expansion into new markets and enhance its technology platform.

IMF Upgrades Global Growth Forecast, Sees Lower Inflation

January 30, 2024 18:43

The IMF has upgraded its outlook for the global economy, expecting 3.1% growth this year and a slowdown in inflation. The US economy is projected to grow by 2.1%, while China's growth is expected...

PM Modi to Meet Oil & Gas CEOs at India Energy Week

January 29, 2024 20:36

Prime Minister Narendra Modi to meet global oil & gas CEOs at India Energy Week in Goa, discussing energy supplies, investments amid geopolitical challenges.

Mahindra Logistics Profit Down 26% in Q3 FY24

January 29, 2024 20:18

Mahindra Logistics reported a 26% decline in standalone profit to Rs 12.5 crore in Q3 FY24, despite revenue growth. The company attributed the decline to moderate demand and capacity consolidation.

Red Sea Disruptions Hurt Auto, Electronics Production: GTRI

January 28, 2024 17:02

Longer disruptions at the Red Sea trade route may impact manufacturing lines of key sectors like electronics, automobiles, and chemicals, says GTRI. Companies relying on just-in-time manufacturing...

Kolkata Port Exports Hit by Freight, Rice Ban, Geopolitical Turmoil

January 28, 2024 16:49

Kolkata port faces export challenges due to soaring freight rates, India's rice export ban, and geopolitical tensions, impacting key items like engineering goods and shrimp.

Red Sea Crisis: No Oil Disruption for India, Freight Rises

January 28, 2024 16:11

Houthi attacks in the Red Sea haven't affected India's oil imports, but freight costs have increased due to rerouting via the Cape of Good Hope. HPCL chairman Pushp Kumar Joshi says oil supplies...

Red Sea Route Impact on Indian Trade: 50% Exports, 30% Imports

January 28, 2024 14:59

The Red Sea shipping route disruption affects 50% of India's exports and 30% of imports. Learn how different sectors are impacted and the potential economic consequences.

Ayodhya Bypass Project: PM GatiShakti Drives Implementation

January 26, 2024 13:27

The 67.57-km Ayodhya bypass project, planned under PM GatiShakti, aims to enhance connectivity, decongest the city, and facilitate smooth freight flows.

Truck on Train Service Extended to Businesses, Farmers

January 25, 2024 16:32

DFCCIL's 'Truck on Train' service now available for businesses and farmers between Rewari and Palanpur, reducing travel time and freight costs.

India Bans Cheap Glufosinate Herbicide Imports

January 25, 2024 16:27

India has banned imports of Glufosinate Technical herbicide priced below Rs 1,289 per kg to boost domestic manufacturing. The ban is effective from January 25, 2024.

ECoR Achieves Record 200 Million Tonne Freight Loading

January 24, 2024 09:15

East Coast Railway (ECoR) has achieved a record 200 million tonne freight loading in 295 days, surpassing last year's record and becoming the first zone in the country to achieve this milestone for...

Maruti Jimny Cars Exported to Africa via Rail

January 23, 2024 21:56

Northern Railways partners with Maruti Suzuki to transport Jimny cars from Delhi to Pipavav Port for export to Africa by rail, boosting export and environmental sustainability.

Cement Industry Capacity to Increase by 150-160 Million Tonnes by FY28: Report

January 23, 2024 15:05

India's cement industry is set to add 150-160 million tonnes of capacity by FY28, driven by rising demand from infrastructure and housing sectors. Read more about the industry's growth projections...

EVs Key to India's Low Carbon Future: DPIIT Secy

January 22, 2024 12:22

India aims to transition to a low-carbon economy with EVs playing a crucial role. Government initiatives like PLI schemes and charging infrastructure are driving adoption.

Tiger Logistics & Sikder Group Partner for Trade Growth

January 19, 2024 12:45

Tiger Logistics (India) and Bangladesh's Sikder Group have signed an agreement to establish a joint venture for global trade, leveraging the growing economic ties between India and Bangladesh.

Red Sea Crisis: India Monitors Exporters' Credit Flow

January 17, 2024 19:46

India's Commerce Ministry has asked the Department of Financial Services to monitor credit flow to exporters facing freight cost troubles due to the Red Sea crisis. The situation has escalated due...

Fertiliser Subsidy to Drop by 34% to Rs 1.8 Lakh Cr: Mandaviya

January 17, 2024 17:43

India's fertiliser subsidy bill is expected to fall to Rs 1.7-1.8 lakh crore this fiscal due to lower global prices and increased domestic production. Union Minister Mansukh Mandaviya also...

Fertiliser Subsidy to Fall 34% to Rs 1.8 Lakh Crore: Mandaviya

January 17, 2024 16:50

India's fertiliser subsidy bill is set to decline by 30-34% to Rs 1.7-1.8 lakh crore this fiscal due to falling global prices and reduced urea imports, according to Union Minister Mansukh Mandaviya.

India Inc Revenue Growth: 8-10% in Q3 - Report

January 16, 2024 22:09

India Inc's revenue is expected to have grown by 8-10% in the December quarter, driven by strong performance in consumer discretionary and export-linked sectors. Read more.

Freight Rates Surge: India Urged to Create Own Shipping Line

January 16, 2024 20:55

Freight rates have skyrocketed due to the Red Sea crisis, hurting trade. Indian exporters urge the government to establish its own shipping line to combat rising costs and delays.

India's Engineering Goods Exports Grow 10.20% in December

January 16, 2024 16:15

India's engineering goods exports rose 10.20% in December 2023 despite global challenges, but uncertainties remain due to geopolitical tensions and economic conditions.

Red Sea Crisis Impacts Indian Exports: Shipping Costs Rise

January 15, 2024 21:11

Indian exporters face delays and higher costs due to the Red Sea crisis, impacting shipping routes and freight rates. The government is providing support to exporters.

India's Exports Edge Up in Dec, Trade Deficit Narrows

January 15, 2024 20:33

India's exports rose 1% to USD 38.45 billion in December, while the trade deficit narrowed to USD 19.8 billion, driven by declining imports. However, challenges remain due to global slowdown...

Jai Balaji Net Profit Soars 740%, Plans Rs 1000cr Capex

January 15, 2024 18:39

Jai Balaji Industries Ltd reports a 740% jump in net profit for Q3 FY24, driven by cost efficiency and focus on higher-value products. The company plans a Rs 1000cr capex to boost value-added...

India's Macro-Fundamentals Strengthened Amidst Shocks: Ashima Goyal

January 15, 2024 15:44

Reserve Bank MPC member Ashima Goyal highlights India's strong macro-fundamentals despite global shocks, citing economic diversity, adequate buffers, and countercyclical policies. She expects...

Boeing Opens Warehousing Facility in UP for Parts Supply

January 15, 2024 13:29

Boeing opens a new warehousing facility in Khurja, Uttar Pradesh, to support regional aviation customers in India. The facility is one of eight global distribution centers for Boeing's commercial...

India's Macro-Fundamentals Strong Despite Shocks: Ashima Goyal

January 15, 2024 13:05

Reserve Bank MPC member Ashima Goyal says India's macro-fundamentals have strengthened despite external shocks, citing economic diversity, buffers, and reforms. She expects inflation to approach...

India Economy to Withstand Geopolitical Shocks: RBI MPC's Varma

January 14, 2024 12:21

RBI MPC member Jayanth R Varma says India's economy will navigate future uncertainties, including global inflation and growth challenges. He expects a benign outcome in 2024 with inflation trending...

Red Sea Crisis: India Holds Inter-Ministerial Meet on Trade Impact

January 13, 2024 18:02

India's commerce ministry will meet on January 17 to discuss trade disruption caused by the Red Sea crisis, impacting routes and raising costs for exporters.

India's Civil Aviation Sector Booms: 75 New Airports in 10 Years

January 12, 2024 20:52

India's civil aviation sector is on the rise, with 75 new airports built in the last 10 years, and plans to reach 220 airports by 2030. Union Minister Scindia highlights growth and future prospects.

India's Civil Aviation Sector on Upswing: 75 New Airports in 10 Years

January 12, 2024 18:55

India's civil aviation sector is booming with 75 new airports built in the last 10 years. Union Aviation Minister Scindia highlights the growth and future potential of the sector.

Singapore Monitors Shipping Routes Amidst Houthi Attacks

January 12, 2024 16:47

Singapore's Maritime and Port Authority is closely monitoring global geopolitical situation and its impact on shipping routes and supply chains due to attacks on merchant ships in the Red Sea.

APM Terminals to Develop Vadhavan Port Terminal

January 12, 2024 14:32

APM Terminals partners with JNPA to develop a new container terminal at the upcoming Vadhavan Port project in Maharashtra, India. The project is expected to boost the local economy and create job...

India Trade Strategy Amid Red Sea Crisis - Inter-ministerial Meet

January 11, 2024 17:59

India's commerce ministry is holding a meeting to discuss ways to mitigate trade disruptions caused by the Red Sea crisis. The meeting will involve officials from various ministries and aims to...

BMW India Head: Duty Rationalization Key for Tech Adoption

January 11, 2024 17:33

BMW India President Vikram Pawah emphasizes the need for duty structure rationalization to accelerate adoption of new technologies like EVs, ensuring a level playing field for all players.

DP World Signs Rs 25,000 Crore Gujarat Deals

January 10, 2024 18:29

DP World has signed agreements worth Rs 25,000 crore with Gujarat to develop ports, terminals, and economic zones, boosting the state's economic growth.

DP World to Build Container Terminal in Gujarat - Sultan Ahmed bin Sulayem

January 10, 2024 12:00

DP World announces plans to build a new container terminal in Gujarat, India, adding to its existing USD 2.5 billion investment. The company aims to support Indian manufacturing and boost global...

GIFT City: India's Global Financial Hub | Vibrant Gujarat Summit 2024

January 9, 2024 11:21

Gujarat CM highlights GIFT City's potential as a global financial center, attracting investments from global giants like Google, Bank of America, and Morgan Stanley. Explore the latest developments...

Red Sea Tensions Impact India Exports: Freight, Insurance Costs Rise

January 5, 2024 21:59

Escalating tensions in the Red Sea are impacting India's exports due to increased freight costs and insurance premiums as shippers take longer routes. The Bab-el-Mandeb Strait, a crucial shipping...

Jupiter Wagons Wins Rs 100 Crore Contract for Double-Decker Auto Carriers

January 5, 2024 21:34

Jupiter Wagons secures a major contract to manufacture four rakes of double-decker automobile carriers for a leading automaker, valued at Rs 100 crore. These innovative wagons, designed to...

Red Sea Problems Impact India Exports: Freight, Insurance Costs Rise

January 5, 2024 20:00

Escalating troubles in the Red Sea are impacting Indian exports due to longer shipping routes and increased freight & insurance costs, leading to delays and challenges for exporters.

Anti-Dumping Duty on Printed Circuit Boards from China, Hong Kong

January 5, 2024 13:58

India's DGTR recommends anti-dumping duty on printed circuit boards (PCBs) imported from China and Hong Kong for 5 years to protect domestic industry from cheap imports.

India Bans Cheap Screw Imports: Boost to Domestic Manufacturing

January 3, 2024 20:10

The Indian government has imposed a ban on imports of certain screws priced below Rs 129 per kg, aimed at promoting domestic manufacturing. This move affects screws from China, France, and other...

Sensex, Nifty Start 2024 Flat: Volatility & FOMC Minutes

January 1, 2024 18:00

Indian stock markets opened 2024 with mixed performance, driven by volatility and global cues. Sensex closed slightly higher, while Nifty also saw gains. FOMC minutes are expected to influence rate...

India Export Outlook 2024: Demand Uptick & Easing Inflation

December 31, 2023 11:15

India's exports are expected to exceed USD 900 billion in 2024, driven by easing inflation in developed markets, a pick up in global demand, and new trade initiatives.

Company Name
Price
Volume

Kretto Syscon
1.03 ( -4.63)
138373597

Thinkink Picturez
2.03 (+ 4.64)
77082948

Rajnish Wellness
1.86 (+ 4.49)
51273863

Vodafone Idea L
8.08 ( -0.25)
43651174

Srestha Finvest
0.94 (+ 9.30)
39839348

Rupee Holds Near All-Time Low at 84.85 Against USD

The Indian rupee settled on a flat note at 84.85 against the US dollar on Tuesday, a...

Stainless Steel Industry Policy: ISSDA Urges...

ISSDA, the apex body for the stainless steel industry in India, is calling for a...

Singapore President to Visit Odisha in January

Singapore President Tharman Shanmugaratnam will visit Odisha in January, highlighting...

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