New Delhi, March 9 (IANS) A sustained rise in crude oil prices due to the US-Iran war will benefit upstream oil exploration companies, energy infrastructure companies and select refineries while pressuring oil‑sensitive sectors such as aviation, paints, tyres, chemicals and logistics, a report said on Monday.Apart from these sectors, the report from Axis Securities recommended overweight positions also in defence and infrastructure, adding that stocks in less oil-sensitive sectors such as bank…
Latest Logistics News & Updates
New Delhi, March 7 (IANS) The government on Saturday extended the deadline for fulfilling export obligations under certain export promotion schemes to August 31, 2026, to help exporters facing disruptions in global trade and shipping routes.The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, announced the decision through a public notice.The move comes amid ongoing geopolitical developments that are affecting global shipping routes, logistics corridors a…
New Delhi, March 3 (IANS) Prime Minister Narendra Modi will address a Post-Budget Webinar on the theme “Sustaining and Strengthening Economic Growth” on Tuesday at 11:15 a.m. via video conferencing.The webinar is part of the government’s continued outreach following the Union Budget and aims to focus on turning budget announcements into effective action on the ground.The event will bring together policymakers, industry leaders and other stakeholders to discuss ways to accelerate growth and…
New Delhi, March 2 (IANS) Prime Minister Narendra Modi will address a Post-Budget Webinar on the theme “Sustaining and Strengthening Economic Growth” on March 3 at 11:15 a.m. via video conferencing, an official statement said on Monday.The webinar is part of the government’s continued outreach following the Union Budget and aims to focus on turning budget announcements into effective action on the ground.The event will bring together policymakers, industry leaders and other stakeholders to…
Mumbai, March 1 (IANS) Escalating tensions between Israel and Iran are expected to weigh on Indian markets in the near term, mainly driven by a rise in energy prices, analysts said on Sunday.Analysts said that oil marketing companies, aviation, paints, autos, consumer discretionary and logistics could face pressure due to the tension in the Middle East.The immediate market reaction is likely to be negative as investors assess whether the flare‑up will become a prolonged conflict or remain a sh…
Islamabad, Feb 26 (IANS) The district administration on Thursday imposed Section 144 in South Waziristan Upper and South Waziristan Lower districts of Pakistan due to rising security concerns and for facilitating the movement of logistics. Officials said the decision has been taken to ensure safety of people, maintaining law and order and facilitating the operational movement of security personnel, local media reported. South Waziristan Upper Deputy Commissioner Asmatullah Wazir said that Sectio…
Guwahati, Feb 26 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said that the state government’s industrial push under the Unnati initiative is providing strong momentum to the state’s growth story, with significant investments being put into manufacturing and infrastructure.Taking to social media platform X, the Chief Minister highlighted that 35 industrial units worth ₹5,067 crore have been approved, while 26 industrial estates have been sanctioned across the state.Sarma said …
New Delhi, Feb 23 (IANS) Around 70 per cent of jobs in India are hosted in non‑metro India, with Tier‑3 cities alone accounting for 40 per cent of employment and Tier‑2 hubs a further 29 per cent compared with 31 per cent in Tier‑1 cities, a report said on Monday.The staffing firm Quess Corp said in the report that The BFSI & Manufacturing sectors contribute to over 45 per cent of workforce from Tier 3 towns, while retail contributes 33 per cent.These opportunities are concentrated a…
Hyderabad, Feb 22 (IANS) Union Communications Minister Jyotiraditya Scindia on Sunday said public trust in India Post remains strong, with more than 38 crore savings accounts currently being operated through post offices across the country.Addressing a conference of over 9,000 Gramin Dak Sevaks (GDS) in Andhra Pradesh’s Guntur district, attended by Chief Minister N. Chandrababu Naidu, the Minister highlighted the role of postal workers in strengthening financial inclusion and last-mile connect…
Thiruvananthapuram, Feb 21 (IANS) Kerala’s water-based tourism is set to receive a significant boost with the renovation of the historic Chilakoor Tunnel in Varkala, which forms part of the Akkulam–Chettuva Waterway project aimed at reviving inland navigation and promoting tourism.Chief Minister Pinarayi Vijayan will inaugurate Phase I of the waterway project at Chilakoor Beach Park on Thursday, marking a key milestone in the state’s inland waterways development efforts.The 350-metre-long …