Any mis-declaration of freight paid or payable which results in loss of revenue by way of excess drawback payment, is liable to be proceeded against under the Customs Act
Railway freight was up last week after rail traffic resumed in the state of Punjab after a month-long shutdown due to the farmers' agitation against the new farm laws
The flight was operated by SpiceXpress, the dedicated cargo arm of SpiceJet.
Freight growth weakens, traffic also falls in key cities
Cargo volumes at the GMR group-owned Delhi airport have recovered 94 per cent y-o-y in Sept at 77,000 MT, as the private aerodrome operator handled a record 2,366 freighter movements in a single month
Shortage of containers, faceless assessment causing delay
Many key indicators trended lower last week after a strong showing earlier this month
The development comes at a time exports from India have started picking up and merchandise exports turned positive for the first time in the last seven months, growing 5.3 per cent
Several trade bodies have urged the Centre to set up a regulator to deal with the rising freight charges, amid the problem of container shortages that exporters are facing
Government data on power, freight emerge as silver linings
High-frequency indicators show signs of gains amid talk of second wave
Economic activity that ground to a halt with the shutdown for the coronavirus has now begun to slowly come back
Power generation numbers, pollution, railway freight among indicators Business Standard tracks weekly to know latest status of the economy.
Google's mobility report shows transit stations may be seeing a change in trend, according to weekly indicators
Pollution levels too remain low in Mumbai and Delhi over limited activity
About half of the air cargo carried worldwide normally flies in the belly of passenger jets rather than in dedicated freighters
Internet speeds are now higher than before the lockdown
Business Standard tracks weekly economic indicators as a means of better understanding how the economy is doing in the lockdown
Yes, a model perfected by the transport and freight industry is gaining popularity in the eat-in business
For the beleaguered auto sector, which is looking to cut costs, the railways has decided to offer more rakes for the transportation of automobiles