Economic Times

India aims to reduce its logistics costs to a single-digit percentage within five years, according to Union Minister Nitin Gadkari. He highlighted ong
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The government has announced measures to address shipping sector issues affecting exporters and importers. These include reducing port charges, purcha
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Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants. ICICI and Indian Bank are y
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Finance Minister Nirmala Sitharaman reviewed the Railways Ministry's capex plan, emphasizing safety and commuter convenience. She urged officials to e
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The Directorate General of Civil Aviation (DGCA) is investigating a tail strike incident involving an IndiGo A321 aircraft on September 9. The aircraf
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Union Road Transport and Highways Minister Nitin Gadkari criticized agencies and contractors for poorly maintained roads, particularly the Eastern Per
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Jupiter Wagons is expanding its Odisha facility to produce 100,000 forged wheel sets annually by 2027 with an investment of Rs 2,500 crore. Partnering
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Airport charges are crucial for infrastructure development in aviation, says Airports Council International (ACI). Despite concerns from the Internati
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Freight rates at Indian ports have surged nearly 70% year-on-year in August, driven by global shipping disruptions and sustained demand. This increase
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The Great Eastern Shipping Company, India's largest private ocean carrier, is considering entering the container shipping sector. This move could help
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IndiGo has partnered with Amadeus to enhance its distribution strategy by utilizing Amadeus' NDC (New Distribution Capability) technology. This agreem
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The government is considering amending the SARFAESI Act, 2002, to allow banks to hold security interest in shipping vessels, removing special exemptio
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IndiGo's cargo division anticipates a 17% growth in operations this fiscal year, driven by increased demand on domestic and international routes. The
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India and China are discussing the early resumption of direct passenger flights after a four-year hiatus. This comes amid strained relations due to a
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Kalpataru Projects International and its subsidiaries have secured orders worth Rs 2,774 crore. These include projects in Transmission & Distribution
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Delhi's Indira Gandhi International Airport and Mumbai's Chhatrapati Shivaji Maharaj International Airport have been recognized among the world's most
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SpiceJet has appealed to the Supreme Court against a Delhi High Court order requiring the airline to ground and return three engines to lessors Team F
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Boeing's 33,000 aircraft assembly workers, primarily in Seattle, are set to vote on a contract offering 25% pay raises over four years. If rejected an
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India will begin talks with countries like Singapore and Vietnam to expand bilateral flying rights, prioritising Indian carriers' interests. The move
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India's decision to exempt foreign airlines from import service taxes is a significant boost for the aviation sector. The GST council's move aligns wi
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