Traffic Financial News

Fog in Delhi is an annual event, and extraordinarily long lasting this winter. It has delayed flights, trains, caused accidents on roads and created heartburn all around. So far, so expected.

‘Khelo India Youth Games’ inaugural event at Nehru Outdoor Stadium on Friday. The Chennai Traffic Police has issued a detailed advisory to maintain the movement of vehicles. From INS Adyar to Nehru Indoor Stadium and Nehru Outdoor Stadium to Raj Bhavan, there will be alterations in vehicular traffic on the roads surrounding the event venues from 3 pm to 8 pm, the advisory read.

Prime Minister Narendra Modi and various dignitaries, including Chief Minister M K Stalin, in attendance. As reported by PTI, a total of 5,500 athletes will participate in 26 competitive sports from January 19-31, as announced by the state government. The event aims to replicate the success of the 44th Chennai Chess Olympiad organized in 2022.

non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period, PTI reported. According to the NOTAM issued by the Airports Authority of India (AAI), these restrictions will be in force from 6 am to 9 pm during the period from January 26 to 29. A NOTAM (Notice to Airmen) is a notice with information that is essential to personnel involved in flight operations.

Karnataka's capital city, Bengaluru, on Friday, 19 January. The new state-of-the-art Boeing India Engineering and Technology Centre (BIETC) campus has been built at the Aerospace Park in Devanahalli, near the Bengaluru Airport. Built with an investment of ₹1,600 crore, the 43-acre campus is Boeing’s largest such investment outside the US.

Houthi anti-ship missiles directed at the Red Sea. As reported by Reuters, escalating tensions in the region's maritime routes have caused disruptions in global trade, leading to concerns about potential supply constraints that could potentially revive inflation.

By Amina Niasse

₹100, the Railways must spend ₹98. A fall in operating ratio means the transporter has more money left for capital expenditure, and vice versa. After falling to 97.45% in FY21, the railways’ operating ratio rose to 107.39%, 98.22% and 98.45% in FY22, FY23 and FY24 (budget estimates), respectively.

A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes

India is expected to surge to 300 million annually by 2030 from 153 million in 2023, Union Civil Aviation Minister Jyotiraditya Scindia said on Thursday. Speaking at the inaugural session of Wings India 2024, a civil aviation conclave and exhibition, Scindia also said the number of airports, and waterports will increase to over 200 from the existing 149 in the country.

Heavy snow and freezing rain have hit parts of northern and central Europe, bringing transport to a halt in some Scandinavian regions and causing major disruption at airports in Frankfurt and Oslo

Yemen, officials said Tuesday, as the Iran-backed rebel group continues to target vessels in the Red Sea.The early morning strikes destroyed four anti-ship missiles that were prepared to launch from Houthi-controlled areas of Yemen, officials said.The Houthis have not stopped their attacks despite two airstrikes by U.S. and British forces last week that targeted the group’s weapons depots, launching facilities and air defence systems.

Red Sea shipping force them to find alternate routes, logistics firms say, a potential boon for a sector dealing with muted post-pandemic demand and overcapacity. The Red Sea, which leads to the Suez canal, lies on the key east-west trade route from Asia's manufacturing hubs to Europe and onto the east coast of the Americas. About 12% of world shipping traffic accesses the Suez Canal via its waters.

cycle industry in Ludhiana dates back to the pre-Partition days and the legacy continues to remain even in contemporary times. Renowned brands such as Hero Cycles and Avon Cycles started their journey from Ludhiana in the ’50s and ’60s. Popularly dubbed as the “bicycle capital” of the country, Ludhiana accounts for 90% of the country’s cycle production and has a host of MSMEs involved in the trade.

Cathay Pacific plane while taxiing at a Japanese airport on Tuesday, with both airlines saying there were no injuries. The incident comes two weeks after a near-catastrophic collision at Tokyo's Haneda Airport when a Japan Airlines plane collided as it landed with a smaller coast guard plane. Cathay Pacific said the accident on Tuesday took place while its aircraft was parked at New Chitose Airport serving Sapporo on the northern island of Hokkaido.

IndiGo flight was seen physically assaulting the pilot who was announcing the flight delay. Recently, numerous passengers have gone online complaining about delays, poor service and harassment. Delhi's Indira Gandhi International (IGI) airport on Sunday witnessed chaotic scenes as dozens of flights were delayed due to dense fog that left passengers stranded for several hours. The Directorate General of Civil Aviation (DGCA), the aviation regulator, on Monday issued SOPs to airlines regarding flight cancellations due to excessive delays during adverse weather conditions. However, fog may have only worsened the conditions in India's aviation industry which has been struggling with various problems just as it has become a near-duopoly leaving little choice for passengers. Airline consumer is not the king

NEW DELHI : New Delhi and Tehran discussed the spate of Houthi attacks on shipping vessels in the Red Sea during external affairs minister S. Jaishankar’s visit to Iran, said India’s foreign ministry. “As you are all aware, recently there has also been a perceptible increase in threats to the safety of maritime commercial traffic in this important part of the Indian Ocean.

26 January and like every year a magnificent parade will be organised on the occasion. French President Emmanuel Macron is the chief guest of the Republic Day 2024 parade during which various states will showcase their culture through a tableau.

Romanian truck drivers and farmers are protesting again across the country again as negotiations with the coalition government over lower taxes, higher subsidies and other demands failed to reach any agreements

cargo shipped along the Northern Sea Route (NSR) in 2023 totaled 36.254 million tons which is more than 250 thousand tons above the target set in the “Development of the Northern Sea Route” federal project being implemented under Russia's nuclear major Rosatom. Rosatom Director General Alexey Likhachev said that the cargo shipping record was set even before the end of the year thanks to partner companies that had found an opportunity to redirect their cargo from west to east, including first of all PAO NOVATEK, LNG accounts for more than half of the cargo, as well as Gazprom Neft, LUKOIL, PJSC MMC Nornickel. «In 2023, we saw intensified transit traffic, 2 million 129 thousand tons of cargo were shipped, which makes it a historical peak. “Transit cargo shipping evidences the NSR popularity, therefore its intensification from the maritime logistics point of view is the most important result,” noted Vladimir Panov, Rosatom Special Representative for the Arctic development. It is also worth noting the growing interest of foreign shipping companies in the Northern Sea Route including from India. In addition, there were 3 round regular domestic voyages along the Northern Sea Route from the northwestern part of Russia to the regions of the Far East in 2023. The Northern Sea Route (NSR) is the shortest shipping route connecting the western part of Eurasia and the Indo-Pacific region. The goal of the “Development of the Northern Sea Route” project is to create infrastructure to facilitate the increase in cargo shipping as well as in the total capacity of seaports.

Columns of tractors are rolling into Berlin as farmers gather for the climax of a week of demonstrations against a plan to scrap tax breaks on the diesel they use