Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.
Asia's richest man Gautam Adani's group on Tuesday said it will deploy hydrogen fuel cell operated trucks for mining logistics and transportation as part of its decarbonisation plan. "Adani Enterprises Ltd (AEL), part of the diversified Adani portfolio of companies, signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Ashok Leyland, India, and Ballard Power, Canada," it said in a statement. This collaboration marks Asia's first planned hydrogen powered mining truck.
'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'
The current geopolitical situation necessitates the Indian Air Force to prepare for intense and small duration operations at a short notice, Chief of Air Staff Air Chief Marshal VR Chaudhari said on Thursday.
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
"The factories need consolidation and control as they operate independently with different human resource (HR) and logistic policies. The segmented operations cannot have power and focus on quality," K R Kim, vice-chairman and CEO (global operations), Videocon, who steered LG to market leadership in his earlier stint, told Business Standard.
The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he said.
Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.
In a statement, the ministry of ports, shipping and waterways said it has directed all major ports to accord the highest priority in the berthing sequence to the vessels carrying consignments of medical grade oxygen, oxygen tanks, oxygen bottles, portable oxygen generators and oxygen concentrators.
The immigration tribunal ruled that the Sikh man who "housed and fed" armed Khalistani militants in India over a decade should be allowed into Canada because he did so "mostly out of necessity" and fear of retribution, the paper said.
Besides the scientists at the Indian Space Research Organisation, officials at the European Space Agency are also involved in tracking the lander module of the Chandrayaan-3 mission which is minutes away from making a soft landing on the surface of the moon, a senior scientist said on Wednesday.
Top commanders of the Indian Army deliberated on the Russia-Ukraine war and Israel-Hamas conflict at a five-day conclave to draw relevant lessons besides focusing on ways to make the force 'future ready' in line with with emerging contours of threats and challenges.
'Of all the areas that define the future for a strong US-India partnership, none is more important than our defence and security ties.'
Logistics services provider Delhivery posted a mixed set of results during the March quarter of the previous financial year (Q4 of FY23). While its operating profit was marginally in the green, its net losses widened as compared to the year-ago quarter. Overall revenues, which were in line with estimates, fell 10 per cent year-on-year (YoY).
Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.
'Training was incredible and thrilling, be it firing weapons, drill or 10 km runs and push-ups. It gave us unforgettable memories and inculcated soldier like qualities.'
The third quarter (Q3) of 2023-24 (FY24) has proven to be pivotal, witnessing some startups turning profitable and others enhancing their performance as their businesses finally begin to deliver. Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24. A renewed focus on profitability, supported by operational efficiencies, expense rein-in, and robust demand during the festival season, has empowered companies to strengthen their performance.
The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.
The armies of India and the US on Tuesday began an over two-week mega military exercise at a military facility in Uttarakhand with the aim of exchanging best practices and tactics in sync with growing defence ties between the two countries.
In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said. The proposed projects, which will be fully funded by the Centre, will help increase the existing line capacity, smoothen train operations, reduce congestion and facilitate ease of travelling and transportation. The projects covering 35 districts in nine states -- Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Odisha, Jharkhand and West Bengal -- will increase the existing network of Indian Railways by 2,339 km and provide employment of an estimated 7.06 crore man-days to the people of the states.
President Joe Biden and other top US leaders had been warning for days that America would strike back at the militias, and they made it clear it wouldn't be just one hit but a "tiered response" over time.
'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'
NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. The nine firms posted a 107.7 per cent jump in net profit at Rs 23,929 crore in April-September compared to the year-ago period. Net sales, on the other hand, were down 14 per cent to Rs 1.49 trillion in H1FY24, data collated by Business Standard showed.
Officials said that 22-year-old Shakir Bashir Magrey, a furniture shop owner and resident of Hajibal, Kakapora in Pulwama, had provided shelter and other logistical assistance to suicide-bomber Adil Ahmad Dar.
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'
Sources said the duo attackers -- Rohit Rathore of Jaipur and Nitin Fauji of Haryana's Mahendragarh -- had planned to flee the country and had been allegedly promised Rs 50,000 each to kill Gogamedi.
Terror group Al Qaeda is "shaping" its regional affiliate in the Indian subcontinent to spread its operations into Jammu and Kashmir, Bangladesh and Myanmar, according to a UN report.
Army Commander Lt Gen Upendra Dwivedi visited the twin border districts of Rajouri and Poonch and took stock of the ongoing operation, the officials said, adding he asked the troops to be relentless in their pursuit.
Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.
Mutual funds, as experts and custodians of another set of retail investors' savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
The biennial Theatre Level Operational Readiness Exercise (TROPEX) is aimed at 'validating and refining' the Navy's concept of 'operations' as well as to test overall combat capabilities, officials said on Tuesday.
'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'
The government will develop a mechanism to ensure that e-commerce companies and entities that have adopted Open Network for Digital Commerce (ONDC) architecture are compliant with the rules. Non-compliance may result in a penalty. "We will have our own evaluation system, and if we find any player is not sticking to it, then we will take action. "Participants will have to be compliant with the rule of the land," Sanjiv, joint secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), told reporters on Thursday.
Most of India's oil supplies are expected to stay safe because of the country's good relations with both Russia and Iran. That would take care of over a third of India's supplies.
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
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