Prime Minister Narendra Modi on Saturday will launch the national logistics policy on September 17, a statement issued by the PMO on Friday said. The policy is aimed at promoting seamless movement of goods and enhancing the competitiveness of the industry. It is expected to focus on areas such as process re-engineering, digitisation, and multi-modal … Read more
Shares of Container Corp. of India () did not see a follow-up rally on Thursday, as a cut in land license fee (LLF) on leasing of railways land for Shakti terminals could not lift analyst earnings estimates for the logistics solutions provider. Analysts seek more clarity on the subject while maintaining a ‘buy’ rating on … Read more
Sales of construction equipment — a barometer of economic activity — is expected to increase in healthy double digits in the ongoing financial year on the back of increased government spending on infrastructure projects, especially in rural areas. The industry estimates sales of construction equipment (domestic sales and exports) to grow 15-20% in fiscal 2023, … Read more
MUMBAI: By all means, Calendar 2021 has turned out to be a strong year for India’s richest investor Rakesh Jhunjhunwala. The Big Bull has seen the value of his publicly-known portfolio rise 36.1 per cent in 2021 so far, outperforming the Nifty500 index, which has risen 30 per cent. Indian stocks are on a tear … Read more
As the 20th anniversary of the September 11, 2001, terrorist attacks approaches, Americans increasingly balk at intrusive government surveillance in the name of national security, and only about a third believe that the wars in Afghanistan and Iraq were worth fighting, according to a new poll. More Americans also regard the threat from domestic extremism … Read more