New Delhi, April 17 (IANS) India’s logistics sector is projected to touch $362 billion by FY30 from $246 billion in FY25, growing at a CAGR of 8 per cent over rising consumption, expanding trade, as well as cost optimisation and efficiency gains from key government schemes, a report said on Friday.The report from Brickwork Ratings projected freight volume to exceed 7,100 million tonnes by FY30 from roughly 5,000 tonnes in FY24, at a CAGR of 6.1 per cent.“Manufacturing, construction, e-commer…
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New Delhi, March 20 (IANS) As the West Asia crisis escalates, the International Energy Agency (IEA) on Friday set out a range of demand-side actions — including work from home and avoiding air travel — for governments, businesses and households to alleviate the economic impacts on consumers.Among the immediate actions to reduce demand is work from home where possible — displacing oil use from commuting, particularly where jobs are suitable for remote work.Where possible, switch to other mo…
Shimla, Feb 9 (IANS) Four-laning of the British-era Kalka-Shimla highway via Parwanoo in Himachal Pradesh, a ribbon of asphalt twisting through hills and soaring over flyovers, is finally inching towards completion after more than a decade of construction. Driving on it now is fast, smooth, almost effortless, but it comes at a small price. The national highway 5, part of the ancient and historical route of Hindustan-Tibet Road, has bypassed some of the old colonial-era landmarks: the quaint trai…
New Delhi, Feb 5 (IANS) India’s fiscal strategy has undergone a clear and deliberate shift over the past decade, with the expenditure mix increasingly oriented towards capital-led growth, according to a new report.Notably, the FY27 Budget reinforces this trajectory, reflecting the government’s conviction that durable growth, private investment crowding-in, and macroeconomic stability are best achieved through sustained public capital formation rather than short-term fiscal stimulus. As a res…
Vidisha, Jan 17 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari on Saturday reiterated India’s commitment to turning agricultural waste into a valuable resource, announcing that the country is moving towards producing bitumen from farm residues like sugarcane bagasse.Speaking at an event in Madhya Pradesh’s Vidisha district, where he inaugurated multiple national highway projects worth over Rs 4,400 crore, Gadkari emphasised farmers’ evolving role as not just food providers…