India’s merchandise exports expected to grow at 4.9% in Q4FY21’
India’s merchandise export is expected to grow at 4.9 per cent in Q4FY21, predicted Export-Import Bank of India in a report. Accordingly, the report cited that total merchandise exports can amount to $78.6 billion,
India’s foreign exchange reserves surpass Russia’s to become World’s fourth largest
NEW DELHI: India’s foreign-exchange reserves surpassed Russia’s to become the World’s fourth-largest, as the South Asian nation’s central bank continues to hoard dollars to cushion the economy against any sudden outflows. Reserves for both
Adani Ports-led consortium to develop West Container Terminal in Colombo
Adani Ports and Special Economic Zones Ltd (APSEZ), a key subsidiary of the diversified Adani Group, has received a Letter of Intent (LOI) from Sri Lankan authorities for development and operations of (WCT) in
Adani Ports wins Rs 310 crore dredging deal from Deendayal Port Trust
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla, Gujarat. India’s biggest private port operator and private
Hapag-Lloyd & MAWANI sign first commercial agreement to increase number of containers
RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing the number of containers in Saudi
MSC announces new Asia-USEC service
Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. MSC is introducing a new container shipping service in order to fulfil
AllCargo likely to bid for CONCOR stakes
Allcargo Logistics is showing interest to bid for the stakes in state-run Container Corp of India. The logistics provider, in order to make the purchase successful, is also in advanced discussions with a foreign
Indo-Bangla Trade time through Petrapole land port extended
KOLKATA: The Customs Department has extended the timing of trade between India and Bangladesh through West Bengal’s Petrapole land port by another three hours till 11 pm every day, as part of the ongoing