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Budget 2026 backs manufacturing, logistics and SEZ reforms to boost shipments, says commerce secretary

The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…

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Economic Survey calls for phasing out cross-subsidised rail and power tariffs to cut logistics costs, boost competitiveness

NEW DELHI: High railway freight rates arising from cross-subsidisation are distorting competition with road transport, pushing up commodity prices, consumer inflation, and overall logistics costs, the Economic Survey 2025–26 highlighted.Reiterating the proposal in the Electricity Amendment Bill, 2026, the survey recommended the complete elimination of cross-subsidies for railways and the manufacturing sector within the next…

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

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Logistics IPO: Yatayat Corporation files Sebi papers to raise funds; growth surge puts road freight firm in focus

Logistics and transportation services provider Yatayat Corporation India Ltd has filed draft papers with markets regulator Sebi to raise funds through an initial public offering, as the road freight segment continues to see strong demand, PTI reported.According to the draft red herring prospectus (DRHP), the proposed IPO will comprise a fresh issue of up to…

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US supply chain strain: FAA flight cuts, cargo jet grounding hit US logistics; FedEx and UPS brace for holiday rush

The US air cargo industry is bracing for fresh turbulence as the Federal Aviation Administration’s (FAA) 10% reduction in flight capacity across 40 major airports collides with the grounding of UPS and FedEx’s McDonnell Douglas MD-11 fleets, deepening pressure on supply chains ahead of the crucial Thanksgiving and holiday shipping season.The FAA ordered airlines to…

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India’s job market to expand led by E-commerce, logistics and retail; Tier-II cities see growing opportunities: Report

India’s job market is experiencing a robust upswing, driven by sectors such as e-commerce, logistics, retail, automotive, FMCG, and electric vehicles. This growth is increasingly reaching Tier-II cities, indicating a broader geographical spread of employment opportunities, according to the latest Employment Outlook Report by TeamLease Services for the second half of fiscal year 2025-26.The report,…

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‘Met terrorists four times’: Aide arrested in Pahalgam attack provided logistics; guided through hills | India News

Search and cordon operations following the Pahalgam attack (File photo) NEW DELHI: Key details have emerged following the investigation of Mohammad Yousuf Katari, 26, who was arrested for his role in the April 22 Pahalgam terror attack.Officials said on Sunday that Katari met the three terrorists behind the attack—Sulieman alias Asif, Jibran, and Hamza Afghani,…

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