Union Minister Nitin Gadkari announced that India’s logistics cost is expected to drop to 9 per cent of GDP by April next year, which will likely boost exports. Current logistics costs are around 16 per cent, with NCAER estimating them between 7.8 and 8.9 per cent in 2021-22.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase