India’s logistics costs fell to 7.97 percent of GDP in FY24, down from 8.84 percent a year earlier, with small firms facing the heaviest burden, the DPIIT report shows.
Galaxy Leader is owned by British company, operated by Japanese firm, & registered in Bahamas. Israel strongly condemns Iranian attack against international vessel, says PM office.
46-year-old Anand Francis Fernandes, one of 16 Indian sailors aboard MV Anastasia that was stranded in Chinese waters since September 2020, returned to India Monday.
Sixteen Indian sailors aboard Swiss-Italian cargo vessel MV Anastasia are expected to return by 14 February after the vessel carried out a crew change in Japan.
Investors discovered that strict Covid protocols had left hundreds of seafarers stranded on cargo ships, turning them from engines of global commerce into floating prisons.
The sailors are on two ships, the Indian MV Jag Anand and Swiss-Italian MV Anastasia, that have been denied permission to offload Australian coal they are carrying.
Covid has wrought havoc everywhere, but in the nominally regulated shipping industry it’s fueling a worrying practice: the abandonment of ships, cargo & seafarers.
China wants international shippers of meat and soybeans to attest that their cargo meets safety standards, a requirement companies are wary of for fear of liability.
India’s private sector remains hesitant to invest in R&D. This is understandable, as the domestic market often fails to reward differentiated technologies adequately.
While Centre makes progress lowering debt from pandemic peak and cutting borrowing costs, states face slower adjustment with limited market discipline, survey finds.
Mechanical engineer & alumnus of IIM-A & IAS France, Kota was General Manager in HAL’s Light Combat Aircraft division. He was selected from a pool of eight candidates.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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