WHAT IS LOGISTICS
PM GatiShakti platform may adopt AI to boost India’s economic development
The Indian government, under PM Narendra Modi's leadership, is planning to integrate artificial intelligence (AI) into the PM GatiShakti platform to accelerate infrastructure development. Named PMGS 2.0, this AI-enhanced system aims to predict economic trends and assess infrastructure needs across different scenarios. Already central to over 170 projects worth Rs 13.5 lakh crores, PM GatiShakti uses digital technology to enhance connectivity and efficiency. With logistics as a key focus, the initiative aims to reduce costs and boost economic and social development through integrated planning and technology adoption.
Best Wireless Mouse in India for Absolute Convenience (2024)
Are you looking for a good wireless mouse? If so, then continue reading this article to learn about the best wireless mouse in India. All of these mouse options are equipped with the features available in the market and you can buy your preferred one off Amazon right away. Use the buying links shared in the article below to place your order.
What is the NATO military alliance and how is it helping Ukraine?
US President Joe Biden and his NATO counterparts are meeting in Washington to mark the 75th anniversary of NATO amidst Russia's actions in Ukraine, focusing on reassuring Ukraine of NATO's support and peacekeeping efforts. NATO, founded in 1949, aims to defend its 32 member countries and uphold collective security guarantees. NATO provides non-lethal support to Ukraine and is increasing troop presence on its borders to deter potential attacks.
Spike in maritime shipping rates is no pandemic flashback
This round of supply-chain difficulties originates with the threat from Yemen’s Houthis, which is keeping container ships from using their normal route from Asia to Europe through the Suez Canal.
India's own shipping line to tax SOPs: What FIEO's Ajai Sahai wants from FM Sitharaman | Budget 2024
India needs a shipping line of its own if it wants to become a serious manufacturer and exporter in the global stage, and the budget offers an opportunity to set the ball rolling on this front, says Ajay Sahai, DG & CEO of the Federation of Indian Ex...
UP-Hathras Stampede: How crowding, humidity led to 121 deaths in Hathras horror. What we know so far
In Hathras district, Uttar Pradesh, a stampede during a religious event led by 'Vishwa Hari Bhole Baba' killed at least 121 people and injured over 300. The tragedy occurred near Phulrai village, where a massive crowd exceeded expected attendance. Overcrowding, narrow exits, and boggy conditions from an overflowing drain contributed to the chaos. Authorities have launched an investigation, and UP Chief Minister Yogi Adityanath has vowed to identify those responsible. The incident highlights ongoing challenges in managing large public gatherings in India.
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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.
Caught in a rut: How fruits of the season are falling victim to climate extremes
Shift in climate patterns has dealt a big blow to the production of many seasonal fruits like apples. Stakeholders say it is time to find ways to minimise this loss, as the issue is here to stay.
Third-party firms Delhivery, Xpressbees look to sort out logistics of quick commerce race
Third-party logistics firms like Delhivery and Xpressbees are venturing into the quick-commerce sector to support platforms such as Swiggy Instamart, Blinkit, and Zepto as demand surges. Sensing opportunity in the q-commerce space, Delhivery has started to work with Swiggy Instamart’s larger warehouses which supply to small dark stores, or fulfilment centers. Meanwhile, Xpressbees is talking to multiple players for the same.
Ahead of Market: 10 things that will decide D-Street action on Friday
Nifty range-bound flat closing for the last four days indicates a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout. Solar Industries, Titagarh Rail Systems, Carborundum Universal, Paras Defence and Space Technologies showed bullish bias.
Ahead of Market: 10 things that will decide stock action on Monday
Nifty50 and Sensex, the benchmark equity indices, reached record highs on Friday, reclaiming losses incurred on election day. The surge was attributed to expectations of political stability and forecasts indicating accelerated economic growth.
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.
Ahead of Market: 10 things that will decide D-Street action on Thursday
Benchmark key indices gained over 3% each on Wednesday. The Nifty Bank saw its best percentage gain since February 1, 2021. HDFC Bank, SBI, L&T were among the most active stocks on NSE in value terms. The market breadth favoured bulls with 2,597 stocks ending in the green, while 1,221 names settling with cuts.
Ahead of Market: 10 things that will decide D-Street action on Wednesday
Indian benchmark indices slipped around 6% each on Tuesday, a day after the blue-chip indices surged to record highs on Monday as exit polls had projected a much bigger margin of victory. MACD showed bullish trade on the counters of Solar Industries, Sobha, Phoenix Mills, and Container Corporation of India. Shares of India Cement, Zee Entertainment Enterprises, Bandhan Bank, Dalmia Bharat hit their 52-week lows.
Ahead of Market: 10 things that will decide D-Street action on Tuesday
D-Street settled at record closing high on Monday, led by financials, index heavyweight Reliance Industries and energy stocks. The volatility indicator ended 15% lower as exit polls predicted that PM Narendra Modi will retain power with a landslide victory. Momentum indicator Moving Average Convergence Divergence showed bullish trade on the counters of Amines & Plasticizers, Advait Infratech, and AMIC Forging, among others.
Ahead of Market: 10 things that will decide D-St action on Monday
Nifty formed a long-legged Doji candle on the daily charts to breach a 5-day losing streak as it ended 42 points higher at 22,531. The 50-DMA is placed at around the 22,400 level, and a slip below this level could shift the test to the 22,300-22,260 zone.
Driving logistics forward: How Gurugram-based Varuna Group is maintaining a balance between innovation and sustainability
Varuna Group, established in 1996, is a logistics services provider leveraging advanced digital technologies like IoT, AI, data analytics, and WMS for efficient warehousing and distribution.
Ahead of Market: 10 things that will decide D-Street action on Friday
Nifty ended Thursday with a decline of 216 points, driven by strong selling pressure across most sectors. The 50-stock index fell for the fifth consecutive session and is now trading below the crucial 21-day Exponential Moving Average (21EMA).
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.
Ahead of Market: 10 things that will decide stock action on Wednesday
After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 0.29% lower at 75,170.45. Nifty formed a bearish candle on the daily scale. The index is trading above its key moving average supports and the RSI on the daily chart is positive.
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.
Ahead of Market: 10 things that will decide D-Street action on Tuesday
Nifty on Monday ended 25 points lower to form a minor bearish candle on the daily chart. The up move was not supported by the momentum as on the hourly time frame there is a negative crossover, analysts said.
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.
Ahead of Market: 10 things that will decide stock action on Monday
Indian blue-chip equity indices ended flat on Friday, with NSE Nifty 50 and S&P BSE Sensex gaining 2.2% and 2.02% for the week, led by financials and metal stocks.
Ahead of Market: 10 things that will decide D-Street action on Friday
Financial stocks powered up Indian blue-chip indices on Thursday, taking them to all-time highs. Short-term moving averages are expected to support the indices on any decline. Nifty formed a long bull candle on the daily chart. The MACD showed bearish signs on the counters of Vadilal Industries, Bharat Rasayan, Godrej Properties, Maithan Alloys, Mrs Bectors Food Specialities, Astral, and Ajanta Pharma.
Ahead of Market: 10 things that will decide D-Street action on Thursday
Domestic IT firms advanced on Wednesday with an eye on rate cut clues from the upcoming Federal Reserve minutes. Consumer stocks and RIL supported gains. NSE rose for five days in a row and settled above 22,500 points. Nifty formed a bullish candle with a long tail, indicating strong buying interest. Tata Steel, Coal India, HDFC Bank, SBI, ONGC were among most active stocks in volume terms
Ahead of Market: 10 things that will decide D-Street action on Wednesday
Benchmark equity indices recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top consumer China's property-support measures.
The high price of slow lanes: How transport networks can make or mar the success of manufacturing hotspots
With India increasing the focus on exports, manufacturing hubs in the hinterlands have started playing a bigger role in powering the growth engine. However, these regions continue to face connectivity problems that make it difficult for traders to competitively price the goods in export markets.
Private container with 810 kg gold worth Rs 666 crore overturns in Erode; Here's what happened next
A private container carrying gold worth Rs 666 crore capsized near Erode. The driver and security guard sustained injuries, but the gold jewels inside the container remained safe. The police are investigating the incident.
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