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Indian exports to Bahrain at US$454 million : FIEO

January 9, 2023 EXPORT
NEW DELHI : Overall Indian exports to Bahrain in the first seven months (April – October) of the current fiscal reached USD $454.15 million, said the Indian exports apex body, the Federation of Indian

Drone deliveries in India poised for a big leap

January 9, 2023 Technology, Trending News
NEW DELHI : A couple of days before the New Year, an unidentified flying object crash-landed on the tracks of Delhi Metro’s Magenta Line. Blood was spilled; it was a drone that belonged to

Gati Shakti National Highway projects’ proposals get streamlined

January 9, 2023 Transport, Trending News
NEW DELHI : The Centre has revised the format for consultations on National Highway projects. The move that is aimed at offering comprehensive operational estimates so that road assets under Gati Shakti can be

Saudi Ports record 13% annual rise in 2022 freight tons

January 9, 2023 Foreign Ports, Trending News
RIYADH : The Kingdom’s maritime trade hubs have seen a yearly increase of 13% in cargo throughput during the year 2022, handling an estimated 237 million tons compared to 210 million tons in the

Saudi Arabia set to overtake India as fastest-growing major economy in 2023 

January 9, 2023 Trade, Trending News
RIYADH : Saudi Arabia is set to overtake India as the fastest-growing major economy in 2023, driven by gains from energy prices.  According to official data released by India’s Ministry of Statistics and Program

Indian Bank to hold special Rupee Vostro accounts if three banks of South Asian Island Nation

January 9, 2023 Trade, Trending News
NEW DELHI : Indian Bank, which has had a long presence in Sri Lanka, has received the regulatory go ahead to hold special Rupee Vostro accounts of three banks from the South Asian island nation which

UK’s container port trials Hydrogen-Fuelled Tractor

January 9, 2023 Foreign Ports, Trending News
The first hydrogen-fuelled tractor will be used at the container terminal at the Port of Immingham in the United Kingdom The British port operator, Associated British Ports (ABP) is the first UK port company

Black Sea shipping rates rise as reinsurers cut cover

January 9, 2023 International Shipping, Trending News
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said. The

Ship robbery in Asia rises, Singapore Strait remains major concern

January 9, 2023 Shipping, Trending News
Ship robbery at Asian water increased by nearly 4% in 2022 compared to the previous year. In the just concluded year some 80 incidents took place, compared to 77 in 2021, according to ReCAAP
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