Apart from FedEx, Challenge Air, Aerologic—a joint venture between DHL and Lufthansa Cargo—Atlas Air and Teleport will be starting freighter flights. A freighter aircraft, also called a cargo plane, is an aircraft that carries goods instead of passengers. Emails sent to FedEx, Challenge Air, DHL, Lufthansa Cargo, Atlas Air and Teleport on Monday remained unanswered….
—Alexandre Dumas, The Count of Monte Cristo Sunny days, fresh winds and quiet signs of life mark the onset of spring. Dalal Street was witnessing such a weather last week, until a storm barrelling across the global IT sector darkened the horizons again. However, those who have weathered many such storms attest that the weather,…
After the announcement of India-US trade deal, the duty on Indian imports has been reduced to 18 percent. Statements of many American leaders have come out regarding this, in which they have praised India. In this context, the statement of US Agriculture Secretary Brook Rollins has also come. He said that this trade deal is…
Mumbai: The Indian rupee staged a sharp relief rally on Tuesday after the announcement of the landmark US-India trade agreement. Market participants believe the deal will stabilize the currency near the 90-per-dollar mark in the near term and slow the pace of depreciation in the next financial year. The rupee opened stronger at 90.4263 per…
The US trade deficit widened in November from the lowest level since 2009 as imports rebounded and exports fell, highlighting wide monthly swings in response to the Trump administration’s vacillating tariffs. The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Thursday. The median estimate in…
India will seek to triple the nation’s exports by 2035 by boosting manufacturing through structural changes rather than with hefty spending, according to two government officials. In Prime Minister Narendra Modi’s third such attempt, the South Asian nation is prioritizing manufacturing in 15 sectors, including high-end semiconductors, metals and the labour-intensive leather industry, aiming to…
New Delhi: The Reserve Bank of India overhauled decade-old foreign exchange rules, bringing exports and imports of goods and services under a unified regulation to simplify procedures, ease compliance for smaller exporters, and strengthen monitoring through digital systems. The new Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 (FEMA), notified on…
For FY26, management has guided for around 10% volume growth in conductors, while treating 30,000 as a minimum EBITDA per tonne level over the cycle. In H1FY26, Apar delivered EBITDA per tonne of 41,421, aided by a favorable mix. However, management has cautioned against extrapolating peak quarters. Source
