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Inland Waterways Authority of India launches FOCAL portal to connect cargo owners and shippers with real time data on availability of vessels

The Inland Waterways Authority of India (IWAI) has launched a dedicated portal – Forum of Cargo Owners and Logistics Operators (FOCAL) – to connect cargo owners and shippers with real time data on availability of vessels. The landmark e-connect measure will enable direct interaction among the vessel operators, shippers and cargo owners as currently, there ..

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Global Commons

Global commons is a term typically used to describe international, supranational, and global resource domains in which common-pool resources are found. International law identifies four global commons as follows: The High Seas The Atmosphere Antarctica Outer Space Cyberspace may also meet the definition of a global commons.

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Most basic Concepts of Economy

1. Adam smith is considered as father of Modern Economics. In his book “The nature & causes of wealth of the Nation’s 1776, he has described economics as science of wealth. According to him economy is the study of wealth only and it deals with its production and consumption. Only material goods which are scarce ..

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