Categories: BUSINESS

Logistics overhaul: Piyush Goyal launches plans for 8 cities spanning states; aims to cut costs for industry

Piyush Goyal launched integrated logistics plans to cut industry transaction costs, starting with a pilot program in eight cities. A guidebook on Harmonised System of Nomenclature (HSN) codes was introduced for systematic product categorization. The upgraded Logistics Data Bank (LDB) 2.0 offers real-time shipment tracking, enhancing visibility and planning.
Sumitra

Recent Posts

US stock market today: S&P 500, Dow Jones trade flat; Nasdaq drops over 1% as chips stocks drop

Broader market sentiment remained supported by another round of stronger-than-expected corporate earnings. Coca-Cola advanced 5.8%…

23 hours ago

Big manufacturing push: How India is aiming to future proof its supply chains from global conflicts

The idea is to reduce trade deficit, conserve foreign exchange reserves and also to position…

23 hours ago

‘Extra payout’ to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found…

2 days ago

Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years

More Indians are reporting nine-figure incomes on tax returns. The number of these high-earners rose…

2 days ago

BNP to take bancassurance route for insurance re-entry

BNP Paribas Cardif is acquiring a significant stake in IndiaFirst Life Insurance. This strategic investment…

3 days ago