WASHINGTON : The US has carried out a fourth round of strikes on Iranian-backed Houthis in Yemen, Pentagon officials confirmed on Wednesday night. Some 14 Houthi missiles, which the US says may have been
LONG BEACH : The conclusion of 2023 saw the Port of Long Beach (POLB) handle 8,018,668 TEUs, marking a 12.2% decrease from the previous year, but surpassing pre-pandemic levels reported in 2019. Import volumes
BEIJING : In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega port rising on the Pacific coast, promising to turbo
NEW DELHI : The Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal, while chairing the 8th Meeting of the Mission Steering Group (MSG) of National
DAVOS : Indian Railways is seeking to take a leaf out Swiss Railways in an effort to try and imbibe some of the legendary clockwork precision of the European nation’s famed systems and processes. Indian Railways is planning for
MUMBAI : A.P. Moller – Maersk, the global integrated logistics company, broke ground for its upcoming Cold Store facility at Mehsana, Gujarat, in the western part of India. Being built exclusively for HyFun Foods,
MUMBAI : JSW Infrastructure Ltd., part of the JSW Group is leading the race to acquire logistics service provider Navkar Corp Ltd. JSW Infra is said to be conducting due diligence of Navkar Corp’s
MUMBAI : Yes Bank on Wednesday became the first Indian bank to execute an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL Global IFSC Limited (RXIL), a leading cross-border fintech company registered under the
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should start
NEW DELHI : India on Thursday dubbed the security situation in the Red Sea as a “matter of concern”, adding that it is closely watching the developments in the critical sea lanes in the
