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FREIGHT CHARGE REDUCTION
Indian Railways offers discounted round-trip parcel fare ahead of festive rushIndian Railways has introduced a one-year pilot offering parcel aggregators discounted round-trip bookings at 1.5 times the one-way fare, r...
Warren Buffett calls out the worst accounting trick in corporate America, and the analysts who help it alongEvery loan that Warren Buffett’s home business makes, it keeps. When the borrower stops paying, the loss is borne by his company rather tha...
Ashok Leyland: A stronger balance sheet inside a business that will always remain cyclicalQuarterly numbers tell you what happened. But they do not always tell you why it happened. In commercial vehicles, demand can change becaus...
India emerges as key diesel supplier to Europe as Russian, US flows falterIndia now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...
Textile entrepreneurs hope for better stability with reduction in freight charges, cotton pricesParticipating in an interactive session here, around 120 managing directors of spinning mills discussed various issues including cotton pri...
Power regulators for policy corrections to lower tariffsA report by Forum of Regulators, which consists of all electricity regulatory bodies in the country, has made many suggestions, including r...
Engineering exporters urge government to set up shipping regulatorEEPC India has stated that reduction in ocean freight is important to increase competitiveness of engineering exporters in the global marke...
Railways plans to lower cost of goods transportThe planned incentives will effectively lower transportation costs for commodities such as coal, steel, cement, fertilisers, food grain and...
Congestion fee to make imported coal costlierPower companies will be forced to pay more for imported coal as Indian Railways has decided to levy congestion charge of 10% on base freigh...
Diesel price cuts not easing freight ratesDespite reduction in diesel prices twice totaling Rs 5.62 per litre in a span of 15 days, the truck rental/freight on trunk routes have not...
- Railway Budget 2013: Rail Budget will have spiralling effect on prices - CPI(M)
The party said there have been no new announcements in the Railway Budget and expressed apprehensions on the expansion plans of the Railway...
- Govt biz facilitation drive to help exporters save Rs 2,100 cr a year
The government has announced a slew of measures, including round-the-clock customs clearance at eight ports and reduction in levies, that w...
- Rlys may cut iron ore freight rates
The Railways is planning to slash freight charges on domestic transportation of iron ore up to 6% to provide relief to local steel companie...
- Ambuja Cements cuts cement prices by Rs 6 per bag
Ambuja Cements cut prices up to Rs 6 per bag in response to the government's move to reduce CENVAT by four per cent.
- Railways withdraws special levy on freight
Railways withdrew its earlier order for the special supplementary charge to be levied on certain commodities from July 1, a senior Railways...
- Railways impose special levy on freight
Three weeks after Railways Minister Lalu Prasad Yadav denied hiking freight rates, the railways has decided to implement a five to seven pe...
- Steel prices to soften 5% on Railways freight cut
Freight rates for steel are set to come down 5% with the Railways planning to reduce transportation charges on movement of iron ore.
- Lalu signals end for freight freebies
Lalu Yadav has attempted to deftly marry pragmatism with populism on the freight front to keep India Inc happy without actually giving anyt...
- Railways may snare road freight
In yet another attempt to grab a bigger share of the freight market, railway minister Lalu Prasad has promised faster turnaround and refrai...
- Cheaper auto fuel fails to keep commodity prices in check
The government’s decision to cut diesel prices may not have a desired impact on rising commodities prices. Transporters have decided to abs...