World

Japan to cut 60% of emissions by 2035

Dec 25, 2024

Tokyo [Japan], December 25: The Japanese government on Tuesday won an approval for a plan to reduce greenhouse gas emissions by 60 percent by fiscal 2035 from fiscal 2013 levels, but rejected calls for it to pursue a more ambitious target.
At a joint meeting of the Environment Ministry and the Economy, Trade and Industry Ministry, officials and experts also agreed to a longer-term target of a 73 percent reduction by fiscal 2040.
The targets, criticised by some expert participants of the meeting as insufficient to meet global climate goals, are in their final stages of preparation and are set to be submitted to the United Nations by February 2025.
The government outlined sector-specific emissions reduction goals for fiscal 2040 compared to the levels in fiscal 2013, including cuts of 74 to 83 percent in the business sector, 64 to 82 percent in transportation, and 71 to 81 percent in households, according to Kyodo News.
Source: Emirates News Agency

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AVG Logistics bags long-term contract from Indian Railways for operations of Leased Parcel Express Train

Mumbai (Maharashtra) [India], May 6: AVG Logistics Limited, (BSE - 543910, NSE - AVG), AVG Logistics Limited has secured a 6 year long term contract, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways. This special train, connects Agartala (Tripura) / Guwahati (Assam) to Delhi / Ludhiana (Punjab) and will complete 4 trips every month over the next 6 years, totalling 313 trips during the contract tenure.

May 06, 2025