India tightens rules for foreign ships to ply on local routes

The Hindu Businessline|7 August 2017 State-runs firms have been vested with powers to scrap contracts awarded to fleet owners on the basis of Indian registered ships offered by them under a local rule if they convert their ships into foreign flag before the tenure ends, the country’s maritime administration has said.The so-called right of first [...]

2017-08-08T10:49:20+00:00 August 7th, 2017|Uncategorized|

Rupee Trading Weak At 63.81

The Hindu Businessline|7 August 2017 The Rupee Was Trading Weak At 63.81 Due To Heavy Demand For The American Currency From Banks And Importers.According To Forex Dealers, The US Dollar’s Gains Against Some Currencies Overseas On Strong Jobs Data Put The Rupee On Backfoot.The Domestic Unit Opened Weak By 14 Paise At 63.72 At The [...]

2017-08-08T10:48:29+00:00 August 7th, 2017|Economy|

Cardamom Loses Flavour As Rains Alter Sentiment

The Hindu Businessline|7 August 2017 After Crossing The ₹1,100 A Kg Mark, Small Cardamom Started Slipping From Friday On A Change In Market Sentiment Following Incessant Rain In Kerala’s Cardamom Growing Region For Three Days. The Emergence Of Favourable Weather Conditions, Of Late, Has Resulted In A Slightly Bearish Sentiment In The Markets. And Yet, [...]

2017-08-08T10:47:49+00:00 August 7th, 2017|Agri Commodities|

Special Raw Cotton Storage Facility At Voc Port

Commodity India|7 August 2017 Reintroducing Cotton Trade From The Thoothukudi Voc Port In A Big Way, A Special Storage Facility For Handling Raw Cotton Was Launched Open At The Dakshin Bharat Gateway Container Terminal Here, On Friday. This Is India’s First Such Facility And An Initial Step Towards Establishing The Ambitious Free Trade Warehousing Zone [...]

2017-10-16T14:36:51+00:00 August 7th, 2017|Agri Commodities|

India: Gst, Digitization Are Key Drivers For The $260 Billion Indian Logistics Sector

Mondaq.com |7 August 2017 Strap: The Sector Can Be Catapulted Into Mega Growth If Adequate Investment Is Made In Digitization And E-Commercelogistics Is The Mainstay Of Any Economy And A Vital Driver Of Economic Progress As It Encompasses The Management Of Flow Of Goods From The Place Of Initiation To The Place Of Consumption. The [...]

2017-08-08T10:45:13+00:00 August 7th, 2017|Uncategorized|

The Ghostly Organisation That Should Have Transformed India’s Food Warehouses

Money Control |Aug 07, 2017 If One Goes By Appearances, The Warehousing Development & Regulations Authority (Wdra) Is Alive And Kicking. Its Website Suggests That It Is A Vibrant And Functioning Organisation, And Lists Out The Scope Of Its Activities. It Has A Chairman, And Several Members. At The Same Time, There Is Also An Invitation For The [...]

2017-08-08T10:26:21+00:00 August 7th, 2017|Uncategorized|