Indian logistics market to expand to Rs 13.4 trillion by FY28: ReportThe National Logistics Policy, unveiled in September 2022, has set goals to optimise India's logistics landscape. It has focused on increas...
A corridor to power: The project that will speed up India and boost its economyDFCs will help India reduce its high logistics costs from some 13-15 per cent of the GDP and help it move towards the target of 8 per cent ...
DFC aims to promote inclusive financing for EV adoption in India with $5 mn investment in RevfinRevfin plans to utilise the funds for new products and expansion to new geographies.
In exigencies, dedicated freight corridors to be used to run passenger-carrying trains: Railway BoardThe move will benefit the passengers of the Delhi-Howrah and Delhi-Mumbai routes -- two of the busiest rail routes in the country.
Railways has approved preparation of DPRs for dedicated freight corridors: GovtRailway minister Ashwini Vaishnaw said the work of preparation of DPRs has been entrusted to M/s Dedicated Freight Corridor Corporation of ...
Northern Arc raises $50 mn from American development bank to scale up lending to microfinance firmsMicrofinance lenders, especially the smaller ones, are facing difficulty in raising resources from banks, which have turned ultra-cautious ...
Speed up freight corridor work, says Piyush GoyalDuring the review meeting, it was decided that work of all contractors will be strictly monitored. Resolution of all issues, including coor...
Railway's largest current infra project to be delayed by 6 months due to COVID-19"We suffered a setback due to the coronavirus pandemic which led to issues with labour mobilisation. The new deadline is June 2022," Yadav ...
Railways to have only high-speed and semi-high speed network: Chairman Railway BoardApart from the eastern and western dedicated freight corridors (DFCs) which are to be sanctioned by December 2021, the national transporter...
Rail Budget 2016: West Bengal to gain from two new Dedicated Freight Corridors in KharagpurWhile the Kharagpur-Vijaywada section is estimated to be 1100 km in length, the Kharagpur-Mumbai section is likely to be over 2300 km in le...
Flying abroad: Why airlines think take-off isn’t easyUnder the new system, newcomers must first earn a certain number of credit points, or domestic flying credits (DFCs), before they can go ab...
AirAsia says new flying guidelines are ‘restrictive’The new guidelines bring into place a credit based system wherein an airline accumulates point basis the distance it flies.
Stricter norms for airlines flying on foreign routes, ministry raises eligibility to 300 DFCsThe civil aviation ministry has tightened the eligibility criteria norms for flying international routes by increasing the DFC eligibility ...
'Domestic flying credits' proposal may replace '5/20' rule for airlines flying abroadA new system of ‘domestic flying credits’ is being proposed as a replacement for a policy that used to reward airlines on the basis of flee...
Draft rules to replace 5/20 irk old airlinesAirlines are now proposed to be allowed to fly abroad when they accrue a minimum of 200 crore DFCs and have a fleet of five aircraft.
Rail budget 2012-13: Contract for dedicated freight corridor in 2012-13, says Dinesh TrivediRailways will award contract for construction of about 1,000 route km on eastern and western DFCs in the next fiscal, said Dinesh Trivedi w...
- Japanese delegation meets Lalu Prasad
A high-powered Japanese delegation on Tuesday met Railway Minister Lalu Prasad and discussed with him modalities in construction of Dedicat...