PM Modi Launches Jalna-Mumbai Vande Bharat Express to Fanfare

GST Applied to AAI-Adani Airport Deal

The Kerala Authority for Advance Ruling (AAR) has declared that GST will apply to the concession agreement between the Airports Authority of India (AAI) and Adani Group for Thiruvananthapuram Airport. Unlike similar agreements in other states, where these partnerships have been classified as "business transfers" and are therefore GST-exempt, the Kerala AAR ruled this contract as a "service transaction" subject to GST. This decision underscores the need for a uniform approach in GST applicability for public-private partnerships across India. It raises significant implications for the financial ..

Freight Train Derailment Disrupts Northeast Supplies

A freight train derailment in Northeast India has led to substantial disruptions in the region's supply chain, delaying the delivery of essential goods, including food and fuel. The accident occurred on a crucial transportation line, affecting supplies to several remote areas already challenged by limited access to alternative routes. Authorities are coordinating with Indian Railways to expedite repairs, but it is expected that restoring normal operations will take several days. In the interim, officials are exploring alternative supply routes and considering emergency provisions to ensure the..

Operational Challenges at Kattupalli Port Persist

The Adani Kattupalli Port, situated near Chennai, is currently grappling with multiple operational challenges, impacting its efficiency and service reliability. Despite being a significant asset in the Adani Ports and Special Economic Zone (APSEZ) portfolio, Kattupalli Port faces issues ranging from labor shortages to logistical bottlenecks. These challenges have contributed to delays in cargo handling, affecting the port’s overall throughput and raising concerns among stakeholders and clients dependent on the port for timely shipments. One of the key issues is the limited availability of tr..