India Business News: India's economy is estimated to grow by 7.3 per cent in the current fiscal year ending March, powered by robust manufacturing, construction and mining
India Business News: Indian economy is projected to grow 6.2% in 2024, slightly lower than the 6.3% estimate for 2023, amid robust domestic demand and strong growth in the
Allcargo Logistics is planning to cut costs by USD 30 mn by the end of 2023-24 due to the ongoing slowdown in the global logistics sector. The company also aims to raise up to INR 300 cr in equity funds for Gati, its express logistics business. Company s chairman Shetty said the cost cutting would include a rationalisation of the workforce and a freeze on hiring.