RBI’s Diwali Plan: Transporting 102 Tonnes of Currency from England As the festive season approaches in India, the Reserve Bank of India (RBI) has initiated a significant logistical operation to ensure adequate currency supply during Diwali. The central bank plans to transport 102 tonnes of new banknotes from England to meet the anticipated demand during…
Department of Posts and Amazon Unite to Enhance Delivery Services Introduction to the Collaboration In a significant move aimed at boosting delivery efficiency, the Department of Posts (DoP) has announced a partnership with Amazon. This collaboration is set to leverage the extensive network of the DoP, which comprises more than 150,000 post offices across India….
Prime Minister Narendra Modi Inaugurates India’s First Automobile In-Plant Railway Siding In a significant development aimed at enhancing the transportation infrastructure for the automobile industry, Prime Minister Narendra Modi inaugurated India’s first Automobile In-Plant Railway Siding. The inauguration ceremony, held at the Maruti Suzuki manufacturing plant in Gurugram, marked a crucial milestone in India’s efforts…
India Ranks 38th Out of 139 Countries in the World Bank’s LPI Report 2023 In the realm of global logistics, India has secured the 38th position among 139 countries, as revealed by the latest World Bank’s Logistics Performance Index (LPI) Report for the year 2023. This significant development carries noteworthy implications for aspirants preparing for…
Tata Motors to Invest ₹150 Crore to Acquire 27% Stake in Freight Tiger Tata Motors, a prominent name in the Indian automotive industry, has recently announced a significant investment move that holds relevance for aspirants preparing for various government exams. The company has decided to invest ₹150 crore to acquire a 27% stake in Freight…
India Jumps 6 Places on World Bank’s Logistic Performance Index, Ranks 38 India has made significant progress in logistics performance, according to the World Bank’s 2022 Logistics Performance Index (LPI). India has jumped six spots to rank 38th among 167 countries surveyed, up from 44th in 2018. India’s score has also improved from 57.06 to…
India’s first hydrogen-powered truck : Reliance Unveiled India’s 1st Hydrogen-Powered Tech for Heavy-Duty Trucks Reliance Industries Limited (RIL) recently unveiled India’s first-ever hydrogen fuel cell-powered vehicle for heavy-duty trucks. The initiative is expected to drive sustainable energy production, reduce greenhouse gas emissions, and promote a cleaner environment in India. The vehicle is a part of…
