As ship prices have sunk due to the persisting slowdown in the global freight market, Apeejay Shipping is on an acquisition spree. Shipping companies world over place orders for new and second-hand ships, with asset prices just beginning to claw up from their record lows.
FlashNews:
Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
IndiGo to Resume China Flights from October 26 as India-China Air Services Restart
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Indian Railways Launches Assured Transit Container Service from Delhi to Kolkata
IGL Opens New Delhi Office as Minister Puri Highlights India’s Clean Energy Push and Refining Ambitions
Road Construction May Hit Five-Year Low in FY2026, Cautions ICRA
Delhi Airport Rolls Out E-Arrival Card for Foreign Travellers to Streamline Immigration
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
NMIA Secures DGCA Aerodrome Licence Ahead of October Launch
India Re-elected to ICAO Council with Enhanced Global Support
India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026
Air Marshal Bharti Calls for Full Indigenisation to Win Future Wars
Air India, Airbus Launch Advanced Pilot Training Hub in Gurugram
India-Bhutan Rail Links Signal Strategic Leap in Himalayan Connectivity
India Anchors $8 Billion Maritime Investment Wave
India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
Mumbai-Ahmedabad bullet train corridor to emerge as major economic cluster: Ashwini Vaishnaw
IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
IndiGo Deepens Indian Ocean Connectivity with New Routes to Bali and Malé
Tag: slowdown
RBI data shows slower credit growth in major sectors
Mirroring the continuing slowdown in Indian economy, bank credit to all major sectors, barring personal loans, continued to grow at a slower pace than last year, said the country's apex bank Reserve Bank of India (RBI) data. RBI's sectoral credit data said that personal loans showed a rise of 16.3 per cent in May this year, compared to 13 per cent in May last year.
Govt may not able to award 9,500 km projects by Mar
The Union Road Transport and Highways Ministry is unlikely to meet the target of awarding contracts for developing 9,500 km of roads by March end in view of the economic slowdown and delays in environment clearances.
Road sector’s slowdown hits construction equipment sales
Construction equipment market in India has been shrunken due to the slowdown in road projects and delays in environment clearances. The present construction equipment market in the country is valued at $3.5 billion. A ban on quarry activities in many States has also impacted the sector.