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Monday, August 04, 2008
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INFRASTRUCTURE: Mega venture on the Red Sea
If everything proceeds as planned, a 30-km long rail-cum-road-pipeline bridge network across the Red Sea will be ready in the next 12 to 15 years, connecting Djibouti in East Africa with Yemen in West Asia and will be the first physical ...

INTERVIEW: ‘We will launch our airline only when it is commercially viable’
The diversified Bird Group, which has interests in ground and airport handling, is going in for further diversification with the recently launched Bird Air Services, a vendor-neutral service for those wanting to import and/ or ...

SHIPPING: ‘Boost for river-sea shipping’
The recent notification of Director-General Shipping providing exemptions under the Merchant Shipping Act 1958 for construction, survey, certification and operation of River Sea Ships is likely to benefit several private sector shipyards as ...

SHIPPING: Move to develop Ponnani port
Greenfield project estimated to cost Rs 1,500 cr. In pursuance of its port-based development policy, the Kerala Government has decided in principle to convert Ponnani port in Malappuram district into an all-weather port through public-private ...

SUPPLY CHAIN MANAGEMENT: Move for container station at Begumpet airport
The Andhra Pradesh Trade Promotion Corporation (APTPC) is looking at converting the cargo station at the old airport at Begumpet into a container ...

RAILWAYS: Tiruchi rail unit loads more foodgrains, cement
Tiruchi, Aug. 3 The Tiruchi Railway Division has loaded over 6.95 lakh tonnes of cement during the first quarter (April–July) of the current financial year. ...

SHIPPING: Container traffic grows by 19%
In 2007-08, the growth of container traffic in Indian ports was more than 19 per cent at a throughput of 6.7 million TEUs and, at this rate, it is estimated that the throughput will reach 21 million TEUs by 2016. Which means, India has to add ...

INFRASTRUCTURE: Protest over EC's restrictions
Truckers, freight forwards and shippers bristle at European Commission's green scheme. Reports published in British International Freight Association newsletter suggest that the new European Commission scheme to reduce truck pollution has evoked ...

SHIPPING: Demand for feeder vessels
According to a few in the shipping industry, it may be a boom time for feeder vessel newbuildings. The emergence of more and more mega container carriers on the international trade routes, as it is pointed out, would trigger a boom in the demand ...






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Markets (Aug 02)
Nifty (at close)4414.05 (+81.10)
US Dollar (Buy/Sell)42.35/36
Brent crude (per bbl) Rs5,206
Gold (per gram) Rs1,164
Silver (per gram) Rs26.35

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Radar: Resources elsewhere
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ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

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