CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

RXIL Crosses Rs 2 Trillion in MSME Invoice Financing

Receivables Exchange of India Ltd (RXIL), a leading TReDS platform backed by SIDBI and the National Stock Exchange, has surpassed Rs 2 trillion in cumulative invoice financing for micro, small, and medium enterprises (MSMEs). This milestone underscores the growing reliance on formal, tech-driven credit solutions within India’s MSME ecosystem.In FY2024–25 alone, RXIL facilitated invoice financing worth Rs 805 billion, with over 44,000 MSMEs registered across 1,600 postal codes. Since inception, the platform has enabled the discounting of over 8.85 million invoices.RXIL’s stakeholders incl..

Chhattisgarh OKs 2025 Logistics Policy For Export Hub

The Chhattisgarh Cabinet has cleared the State Logistics Policy 2025, a framework designed to turn the centrally located state into a major logistics and export hub while aligning with India’s National Logistics Policy.Deputy Chief Minister Arun Sao said the policy centres on reducing logistics costs, improving industrial competitiveness and lifting export capacity. Key measures include building dry ports and inland container depots to help micro, small and medium enterprises connect quickly with domestic and overseas markets.Investment incentives and land facilitation are expected to at..

DP World To Invest USD 2.5 Billion In 2025 Global Port Expansions

DP World will pour USD 2.5 billion into four flagship projects next year to enlarge its worldwide logistics network and meet rising demand for resilient, integrated supply chains. Chairman Sultan Ahmed bin Sulayem said the spending underlines the company’s faith in long term trade growth despite current economic headwinds.In India, work has begun on a USD 510 million container terminal at Tuna Tekra in Gujarat. With a 1.1 kilometre berth and annual capacity of 2.19 million TEU, it will link the hinterland to overseas markets via upgraded road and rail corridors.Across Africa,..