India is heavily reliant on this route for trade and energy imports and due to the disruptions, exporters here have to diversify their trade routes. There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased… Continue reading No adverse impact of Red Sea crisis so far on India’s trade
Author: Economic Times of India Online News
Cargo movement through waterways up 700% in 10 years
In its bid to promote inland waterways as a supplementary mode of transport, the shipping and waterways ministry has allowed the waiver of waterway user charges initially for three years. Government’s push for cargo movement by inland waterways (rivers and creeks) has resulted in 700% increase in ferrying of goods by the greenest transportation mode… Continue reading Cargo movement through waterways up 700% in 10 years
Bharat Mobility Show: Coming back next year?
Updated On Feb 5, 2024 at 10:00 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The last edition of Auto Expo was organised by SIAM at the India Expo Mart in Greater Noida and the Auto Components Show by ACMA at Pragati Maidan in January 2023 New Delhi: Major auto industry… Continue reading Bharat Mobility Show: Coming back next year?
Chinese carmaker adds satellites in Musk territory
For Geespace, it’s the long-awaited second such launch after a batch of nine satellites it sent to orbit in mid-2022. A Chinese rocket launched a group of communications satellites produced by one of the country’s largest carmakers, Geely, boosting the nation’s efforts to catch up in low-Earth orbit — an area dominated by Elon Musk’s… Continue reading Chinese carmaker adds satellites in Musk territory
Opinion: How carbon credits can drive sustainability, accelerate EV adoption
EVs have emerged as game-changers, instrumental in producing carbon credit as they replace fossil fuel-based vehicles with electricity-driven mobility solutions. The world is tackling the distressing climate change landscape, from glaciers melting in Antarctica, volcanic eruptions in Iceland to frequent cloud bursts in India. Navigating climate change and its devastating consequences require the collective participation… Continue reading Opinion: How carbon credits can drive sustainability, accelerate EV adoption
Fatal accidents nosedive by 15% this Jan
According to police’s data, 99 deaths took place in 97 accidents this month against 116 deaths in 114 fatal accidents last Jan. Similarly, 394 people were injured in accidents this year so far against 423 last year in Jan. New Delhi: Roads were much safer in Jan this year than the previous year. A spatial… Continue reading Fatal accidents nosedive by 15% this Jan
Continental Tires presents new tyre tech, mobility solutions at Bharat Mobility Expo 2024
Continental Tires is keen to play an active role and contribute to this transforming Indian market which is becoming more organized. New Delhi:Continental Tires, one of the leading manufacturers of premium tires globally, showcased its latest tire technology and mobility solutions with a focus on safety, sustainability, and high performance at the Bharat Mobility Expo… Continue reading Continental Tires presents new tyre tech, mobility solutions at Bharat Mobility Expo 2024
PLI schemes a kickstart, become more outward looking: Piyush Goyal to industry
Piyush Goyal, Commerce and Industry Minister The Production-Linked Incentive (PLI) schemes are like a kickstart for industry, commerce and industry minister Piyush Goyal said Saturday, even as he asked the beneficiaries of the schemes to become outward looking and leave the “cosy comfort” of India’s large domestic market. The minister asked the PLI incentive beneficiary… Continue reading PLI schemes a kickstart, become more outward looking: Piyush Goyal to industry
Railway utilises over 40% of funds allocated in 2023-24 for ‘Kavach’ installation
Highlighting the ongoing work, Vaishnaw said that at present ‘Kavach’ tenders have been awarded for Delhi-Mumbai and Delhi-Howrah corridors (approximately 3,000 km). The Indian Railways has so far utilised INR 321.85 crore out of total INR 798.98 crore of budgetary allocation for the implementation of ‘Kavach’, an anti-collision device, Railway Minister Ashwini Vaishnaw said in… Continue reading Railway utilises over 40% of funds allocated in 2023-24 for ‘Kavach’ installation
Smart, caring & ambitious: Kudos to finance minister, says Piyush Goyel
Commerce and industry minister Piyush Goyal argues the Interim Budget is a big step in India’s journey to developed country status. New Delhi: Interim Budget proposals will accelerate the process of India achieving developed country status by 2047, aided by PM’s proven approach of sabka saath, sabka vikaas, sabka vishwas, sabka prayas. For this and… Continue reading Smart, caring & ambitious: Kudos to finance minister, says Piyush Goyel