Statistically Speaking

Delhi tops Logistics Index for UTs; UP achieves State status

18 Dec 2023 08:48 AM IST

In the latest Logistics Efficiency and Ease Across Different States (LEADS) Index 2023, released by the Commerce and Industry Ministry, Delhi has emerged as a leading achiever among Union Territories. This index serves as a vital indicator of logistical efficiency, crucial for fostering exports and overall economic growth. The report

Uttar Pradesh emerges as India’s second-largest economic hub

18 Dec 2023 08:44 AM IST

In a major accomplishment for the government led by Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India. Highlighting the efforts of Chief Minister Yogi Adityanath towards making Uttar Pradesh the leading state in terms of economy, a report by prominent online blogging platform soic.in,

Government warns of possible 5G signal interference with aircraft radio altimeters

16 Dec 2023 09:22 AM IST

The government said it has not conducted any study to assess the effects of the 5G network on airline services in the country but the 5G C-band spectrum has the likelihood of interfering with the current radio altimeters installed on the aircraft. Aviation regulator DGCA has reviewed the studies/actions undertaken

Net direct tax collection at Rs 10.64 lakh cr in Apr-Nov; 58.34% OF ESTIMATES

16 Dec 2023 09:16 AM IST

Net direct tax collection in the eight months of the current fiscal touched 58.34 per cent of Budget Estimates (BE) at Rs 10.64 lakh crore. The net tax collection for April-November stood at Rs 10.64 lakh crore, which is 23.4 per cent higher than the corresponding period of last year,

Railways Minister: 1,761 loco pilots failed breathalyser tests in 5 years

16 Dec 2023 09:14 AM IST

A total of 1,761 loco pilots have failed the Breathalyser (BA) test in the last five years, Union Minister of Railways Ashwini Vaishnaw informed Rajya Sabha on Friday. While replying to an unstarred question posed by Rajya Sabha MP Sushil Kumar Modi, the Union Minister of Railways said that a

India’s Logistics Expenditure: 8-9% of GDP

15 Dec 2023 09:05 AM IST

Overall logistics costs in India are in the range of 7.8-8.9 per cent of the country’s total GDP, a report released by the economic policy research think tank National Council of Applied Economic Research (NCAER) stated on Thursday. The central government has been working to reduce the overall logistics costs

AI’s role in advancing climate-resilient, low-emissions development

15 Dec 2023 09:02 AM IST

Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development. UN Climate Change’s Initiative on Artificial Intelligence for Climate Action (#AI4ClimateAction) explores the role of AI as a powerful tool for advancing and scaling up transformative climate action in developing countries. In line with the call by UN

3.16 crore MSMEs registered in India between July 2020 and Dec 2023: Govt

15 Dec 2023 09:00 AM IST

A total of 3,16,05,581 Micro Small and Medium Enterprises (MSMEs) were registered in India between July 1, 2020, and December 4, 2023, as reported by the Central government. Minister of State for MSMEs Bhanu Pratap Singh Verma responded in writing when asked by a member about the total number of

Reflecting on tragedy: 2001 Indian Parliament attack after 22 years

14 Dec 2023 08:54 AM IST

On December 13, 2001, a tragic incident unfolded as five terrorists, guided by Pakistan, claimed the lives of at least nine individuals. The victims included six security personnel, two Parliament Security Service personnel, and a gardener in an attack on India’s Parliament, now known as Samvidhan Sadan, the heart of

Passenger vehicle sales reach all-time high in November

14 Dec 2023 08:52 AM IST

The Indian passenger vehicle segment achieved its highest-ever sales in November 2023, reaching 3.34 lakh units. This figure reflects a 3.7 per cent year-on-year growth compared to November 2022 when sales were at 3.22 lakh units. The data, released by the Society of Indian Automobile Manufacturers (SIAM), indicates a positive

Airline sector predicts $25.7B net profit by 2024: IATA

14 Dec 2023 08:48 AM IST

The airline industry is projected to register a net profit of USD 25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said. For 2023, the net profit is estimated at USD 23.3 billion, significantly higher than the USD 9.8 billion

Indian goods worth USD 3.7 bn entering Oman to get boost by free trade agreement

13 Dec 2023 08:52 AM IST

Indian goods worth USD 3.7 billion such as gasoline, iron and steel, electronics, and machinery will get a significant boost in Oman, once both sides reach a comprehensive free trade agreement, a report said on Tuesday. According to the – India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond –