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.
Iran's foreign ministry spokesperson Nasser Kanaani further said that resistance groups in the region act 'independently & spontaneously based on their interests and that of their people'.
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.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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