Latest news with #DhruvakshSaha
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Business Standard
3 days ago
- Business
- Business Standard
US tariff tide likely to lift India's exports, reckons NITI Aayog
In 2024, India's bilateral trade (merchandise) with the US stood at $123.8 billion, with a trade surplus of $37.7 billion for India Dhruvaksh Saha Shreya Nandi New Delhi Listen to This Article India has a comparative edge over key competitors in a majority of products it exports to the US and stands to gain market share as the US raises tariffs on its major trade partners, NITI Aayog said on Monday. In its quarterly trade report, it recommended that the government fast-track the India-US free trade agreement with time-bound goals to resolve non-tariff barriers and finalise digital trade rules on data flows and e-signatures to support services exports. The Aayog's assessment is based on the assumption that India will face an additional 10 per cent tariff, while several other countries — including
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Business Standard
3 days ago
- Business
- Business Standard
Bullet train trial runs to be conducted on E5 Shinkansen trainsets
According to sources, the ministry's plan is to run Vande Bharat High-Speed trains on the Mumbai-Ahmedabad corridor first, but the eventual plan is to run Shinkansen trainsets Dhruvaksh Saha New Delhi Listen to This Article The Ministry of Railways will conduct trial runs for the Mumbai-Ahmedabad High-Speed Rail (HSR) corridor on the Japanese E5 Shinkansen trainsets and will later run the latest version of the train, sources aware of the matter said. 'The Japanese Shinkansen is currently running E5 trains. The next-generation trains are E10. In the spirit of the strategic partnership between Japan and India, the Japanese government has agreed to introduce E10 Shinkansen trains in the Mumbai-Ahmedabad Bullet Train project. It is noteworthy that E10 will be introduced simultaneously in India and Japan,' the ministry said on Monday, refuting allegations that the government
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Business Standard
4 days ago
- Business
- Business Standard
Big picture behind small climb in rail fares: Easing strain, minimal impact
Railways increased fares slightly after five years, easing financial strain while keeping passenger impact low; experts call it necessary Dhruvaksh Saha New Delhi Listen to This Article After nearly five years of frozen fares, Indian Railways nudged up ticket prices from July 1. Though the increase, based on Union Budget estimates, will bring only limited relief to the national transporter's strained finances, the burden on travellers has been kept minimal. For those in air-conditioned coaches, the increase amounts to around ₹30 on a Delhi–Mumbai journey, with fares up by 2 paisa per km. Similarly, travellers on Vande Bharat routes are now paying ₹10–₹14 more for shorter trips. Meanwhile, passengers in non-AC coaches on Mail and Express trains are witnessing a fare increase of 1 paisa per km.
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Business Standard
02-07-2025
- Business
- Business Standard
Repurpose LNG infra to make ports GH2 export hubs, say ports body
Report calls for establishing common user infrastructure for quickly setting up green hydrogen facilities Dhruvaksh Saha Subhayan Chakraborty New Delhi Listen to This Article Indian ports would need to take up extensive reforms like repurposing existing Liquefied Natural Gas (LNG) terminals for green hydrogen (GH2) derivatives such as green ammonia, and setting up common user infrastructure frameworks to become export hub for GH2, a report by the Indian Ports Association (IPA) has suggested. IPA is a body of major ports in India under the control of the Ministry of Ports, Shipping and Waterways. While developing hydrogen pipelines is essential, high costs — 70-80 per cent from materials, labour, and construction — and challenges like securing rights of way make repurposing underutilised pipelines appealing, the
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Business Standard
25-06-2025
- Politics
- Business Standard
Plan to double projects to ₹5 trillion this year, says Nitin Gadkari
Union Minister of Road Transport and Highways Nitin Gadkari talks about why elections should not matter while setting targets, his take on being seen as a future prime minister, and much more premium Dhruvaksh Saha Nivedita Mookerji New Delhi Listen to This Article In a free-wheeling conversation in New Delhi, Union Minister of Road Transport and Highways Nitin Gadkari spoke to Dhruvaksh Saha and Nivedita Mookerji on why elections should not matter while setting targets, his take on being seen as a future prime minister, and much more. Edited excerpts: Is your ambitious target of getting to 100 km/day road construction on track, and will it coincide with Viksit Bharat in 2047? This is a target — can't say when this will be met. Even I feel it's a difficult target, almost impossible. When anyone keeps a target, it should be
