India: Minister of Shipping Updates on Development of …

first_img此页面无法正确加载 Google 地图。您是否拥有此网站?确定 PIB, December 11, 2013 zoom The Minister of Shipping Shri G.K. Vasan has refuted that infrastructure clogs are choking growth opportunities in Ports along the coast line restraining the US and other countries from developing commercial ties with India. In a written reply to a question in the Lok Sabha, he however agreed that the Coastal shipping, which accounts for significant share of trade volume in the US, China and Europe, is only seven percent of India’s total domestic cargo transport network. The minister said that the Union government has taken several measures to optimize domestic shipping transport.In order to boost the domestic shipping sector, the government has exempted ships and vessels from excise duty and removed countervailing duty (CVD) on important ships and vessels. Moreover, in the 12th Five Year Plan, Rs 300 crores has been allocated for promoting coastal shipping. These measures are expected to augment the fleet capacity of Indian ships including coastal ships, he added. Print  Close My locationlast_img read more

US applications for jobless aid rose 20000 last week to 287000 still

by Josh Boak, The Associated Press Posted Dec 31, 2015 6:34 am MDT Last Updated Dec 31, 2015 at 12:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email US applications for jobless aid rose 20,000 last week to 287,000; still near historic lows WASHINGTON – More Americans requested unemployment benefits last week, but the level remains near historic lows in a positive sign for the job market.THE NUMBERS: Applications for jobless aid jumped 20,000 to a seasonally adjusted 287,000, the Labor Department said Thursday. The less volatile 4-week average climbed 4,500 to 277,000.Over the past 12 months, the number of people receiving benefits has fallen 7.1 per cent to 2.2 million.THE TAKEAWAY: The influx of part-time, seasonal jobs during the winter holidays can make the jobless claims figures volatile, but the employment gains of the past year look likely to continue. Applications for benefits are a proxy for layoffs, so the low level indicates that employers are keeping their workers and potentially planning to hire.KEY DRIVERS: Businesses still view the U.S. economy as growing, despite the manufacturing sector struggling amid a broader global slowdown. Employers have hired about 210,000 workers a month this year. And unemployment last month held at a seven-year low 5 per cent.Despite last week’s increase, jobless claims have stayed below the key level of 300,000 for nearly 10 months. Any figure lower than that threshold often corresponds with monthly job gains in excess of 200,000.BIG PICTURE: The economy enters 2016 with the job market looking solid. The slow recovery from the Great Recession that ended more than six years ago has found some traction. Americans have increased their purchases of autos, homes, restaurant meals and goods online. Still, low oil prices and weak international demand stemming from Europe, China and several emerging economies such as Brazil are sources of concern. read more