NEW DELHI : The Asian Development Bank (ADB) on Thursday revised India’s gross domestic product (GDP) growth forecast for FY25 to 7%, up from its earlier forecast of 6.7%. The bank cited robust public
NEW DELHI : Transworld Group’s Airavat Aviation, a renowned name in luxury privateair travel in the Middle East, is making its mark in India through a strategic collaboration with SiriusIndia Airlines, led by former
NEW DELHI : Air India will be increasing its international flight destinations with new flights to Ho Chi Minh City in Vietnam, Manila, Seattle, Dallas, and Gatwick. It plans to add these cities to
COLOGNE : German Airline Lufthansa said on Wednesday it had suspended flights to Tehran due to the situation in the Middle East, which is on alert for possible Iranian retaliation for a suspected Israeli
GENEVA : Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by high energy prices and related inflation, World Trade Organization (WTO) economists said
MARSEILLE : CMA CGM has announced the following Peak Season Surcharge (PSS) implementation in Gambia, which will take effect on 15 April for all shipments and on 10 May for US and Latin America
SALALAH : The pioneering project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports and regions facing scarcity of fresh water. Fresh
WASHINGTON : United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden. The US-flagged 2,500 TEU Maersk Yorktown was being
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared
LITHUANIA : The Port of Klaipeda achieved a historic milestone with the successful completion of its first ship-to-ship LNG bunkering operation. On 9 April, the LNG tanker “Avenir Aspiration” transferred 326 m³ of liquefied
