LOGISTICAL CONCERNS
Warehouse operators take shine to solar power, rework logistics
The move towards renewable energy is not just a response to global environmental concerns but also a strategic business decision for many warehouse operators seeking to reduce operational costs and enhance sustainability.
Joe Biden makes appeals to donors as concerns persist over his presidential debate performance
In the wake of a challenging debate performance, President Joe Biden reassured donors at a New Jersey fundraiser that he's prepared to fight harder against Donald Trump, whom he described as a threat to democracy. Despite criticism from the media and concerns among Democrats, Biden emphasized his commitment to his campaign. He highlighted the importance of comparing presidencies over debate performances and criticized Trump's record. Biden's campaign raised over $27 million, underscoring support despite the debate backlash. The president remains focused on his reelection, bolstered by his wife Jill's encouragement.
PM Gati Shakti scheme is transforming India's infrastructure: Morgan Stanley
In a recent report, Morgan Stanley has lauded India's PM Gati Shakti scheme, highlighting its significant impact on infrastructure development. The report emphasizes India's robust increase in infrastructure investment, projected to rise from 5.3% to 6.5% of GDP by F29, driven by a strong 15.3% CAGR. This growth is expected to total USD 1.45 trillion over five years, fostering high productive growth and enhancing investment rates. PM Gati Shakti integrates 16 ministries for coordinated infrastructure planning, focusing on multi-modal connectivity and logistics efficiency, which has shown tangible results in project completion and sectoral development.
Pen'n'paper just won't pass
NTA conducted Joint Entrance Exams (Main) 2024 in two sessions - January and April - totalling over 1.4 mn distinct students via 500-plus exam centres across more than 300 cities in India and abroad. Paper 1 for BTech/ BE admissions in 13 languages was fully CBT, spread over 10 shifts in 5 days. The mega operations were conducted almost free of online glitches, although there were some past issues concerning impersonation due to ambiguities in Aadhaar-based authentication.
Global supply chain shift: Has India finally arrived?
Global supply lines are shifting for more resilience. Geopolitical developments put India at an advantage. Will demographic dividend finally create value for India?
Ahead of Market: 10 things that will decide D-Street action on Friday
The NSE Nifty 50 index ended 0.89% higher at 22,821 points and the S&P BSE Sensex rose 0.93% to 75,074, adding to their gains of more than 3% on Wednesday.
- Go To Page 1
Shortage of long-haul truck drivers hits logistics industry
Low pay scales, harassment by highway authorities and cops, adverse weather conditions, risk of accidents, lack of benefits at work, lack of hygienic restrooms and night parking facilities are some of the reasons for high attrition that is also dissuading many from the new generation to join the profession.
The $10,000 shipping container looms in latest trade strains
With capacity stretched by more than five months of attacks on vessels in the Red Sea, the container shipping industry is scrambling to meet demand that’s picking up in the US and Europe.
Ahead of Market: 10 things that will decide D-Street action on Thursday
The Nifty experienced a decline of 183 points, closing near the 22,700 level, and formed a "dark cloud cover" candlestick pattern, a bearish signal. The Indian market saw its worst session in nearly three weeks on Wednesday, dragged down by losses in heavyweight financials and IT stocks.
ET Road Safety & Safer Mobility Forum 2024: Steering a smarter, safer, and sustainable supply chain by accelerating safety tech in logistics
The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on ‘Enhancing Safety Standards in Modern Logistics and Supply Chain.’ This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.
Trade strains boost cargo rates at pace recalling Covid ‘chaos’
Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.
Viksit elections, Bharat? Onus on EC and next govt to make election process less harrowing
Election season really began in January. By the time the new government and ministers are in place, and pending key civil service appointments are made, it will be June-end. In essence, the country would have devoted six months to the election. While the people's mandate is and must always be unexceptionable, this long period invites some questions.
India's monumental election logistics: A global showcase of democratic process
India is conducting the world's largest democratic election with 968.8 million registered voters. This massive process, nearly three times the U.S. population, is being held in seven phases, ending on June 1, with results expected on June 4. Sanjay Pulipaka of the Politeia Research Foundation highlighted the immense logistics involved, managed by the Election Commission of India (ECI) through efforts like using the Aadhaar system for voter registration and special outreach for marginalized groups.
Red Sea crisis driving up cost of white goods
The Red Sea conflict is causing a shortage of shipping containers, leading to challenges like contract cancellations due to the force majeure clause. Shipping lines are adjusting to the situation post the financial year closure.
Delhivery slides back to losses; Prosus names new CEO
Logistics startup Delhivery fell back into the red for the March quarter but managed to narrow its losses on a year-on-year basis. This and more in today’s ETtech Top 5.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
Wanted: More women in taxi, logistics lane
Taxi and logistics companies, traditionally reliant on male drivers, are increasingly hiring women to drive cars and commercial vehicles or deliver ecommerce orders on two-wheelers. Female driver demand is rising faster than for males but there's a shortage.
Ahead of Market: 10 things that will decide D-Street action on Monday
Nifty on Friday ended 98 points higher to form an Inside Bar candlestick pattern on the daily chart. If the headline index manages to hold Thursday's low of 21,932, a pullback looks possible to chartists.
Will India go to Pakistan for ICC Champions Trophy? BCCI VP Rajeev Shukla reveals the chances
The Board of Control for Cricket in India (BCCI) Vice-President, Rajeev Shukla, has confirmed that the Indian team will be sent to Pakistan for the ICC Champions Trophy next year, pending permission from the central government. The tournament will be held from February to March 2025 in Pakistan. India has not played any cricket tournaments in Pakistan since 2008 due to tense relationships due to terrorism.
2024 Lok Sabha elections: Phase 3 voting on May 7. Here's what's open and what's closed
Voting for the much-anticipated battle will persist in the nation as the third phase of the 2024 Lok Sabha elections is scheduled for tomorrow across several states. In this phase, a total of 93 Lok Sabha seats spanning 11 states and Union territories will undergo polls on May 7. Initially, 94 seats were designated for phase 3; however, the Election Commission of India postponed elections for the Anantnag-Rajouri Lok Sabha seat in Jammu and Kashmir to May 25 due to logistical challenges arising from adverse weather conditions.
Mid- to high-teens earnings growth for next 2 years likely: Shibani Sircar Kurian
Shibani Sircar Kurian of Kotak Mahindra AMC provides insights on Nifty valuations, earnings stability, sector-specific investments, and market volatility. The analysis covers strong Nifty valuations supported by robust earnings growth amidst sector-specific opportunities in mid and smallcaps.
Government push to help ONDC get shopfront on ecommerce sites
The Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the government-backed network scale up operations and assist with deliveries, said executives aware of the development. The aim is to boost operations and order efficiencies as well as iron out glitches and delays on ONDC, they said.
CMS Info Systems to enter gold logistics, loan collection services
CMS Info Systems plans to expand into gold logistics and retail loan repayments collection, having already piloted these ventures. With over Rs 2,000 crore revenue in fiscal 2023, CMS aims for incremental growth. The company sees potential in India's formalizing bullion sector and the evolving lending ecosystem. It has collaborated with major clients and institutions for its pilot programs. Confident in delivering revenue targets, CMS anticipates upper-half performance in its revenue target range of Rs 2,500-2,700 crore for fiscal 2025.
Ahead of Market: 10 things that will decide D-Street action on Thursday
Nifty's short-term trend remains weak. But, having placed near the cluster support of around 22000 levels, one may expect an upside bounce from the lows in coming sessions. Immediate resistance is at 22,260 levels, said Nagaraj Shetti of HDFC Securities.
Indian road logistics industry revenues to grow at 3-6 per cent in FY2025: ICRA
The outlook for the sector continues to be stable, fuelled by sustained momentum in economic activities, enhanced traction of organised trade and continued support from varied segments like e-commerce, FMCG, retail, pharmaceuticals, and industrial goods.
Baltimore bridge collapse to cause logistics headaches, not supply chain crisis
The impact on the Port of Baltimore's more than 2,000 workers who load and unload cargo vessels could be significant if the closure lasts more than a few days.
States, UTs empowered to act against Jammu Kashmir National Front under UA(P)A following ban
As per a notification, the Ministry of Home Affairs (MHA) has issued a directive in which the states and the UTs can use section 7 and section 8 of the Unlawful Activities (Prevention) Act, 1967 against the banned terror outfit JKNF.
ETMarkets Smart Talk: 5 factors could push India closer to China's weight in MSCI EM Index: Hemant Sood
The battle for dominance in the MSCI Emerging Markets Index between India and China hinges on sustained economic growth, reforms, demographic advantage, and challenges faced by China. However, potential hurdles include interest rate hikes, geopolitical tensions, market valuations, and challenges in the real estate, information technology, consumer goods, and pharmaceutical sectors.
Oil slips after rally last week on Middle East, tight supply
Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last week about 6% higher on Middle East tensions and as refining outages squeezed refined products markets.
Load More
