NEW DELHI : India will not impose restrictions on laptop imports, said Trade Secretary Sunil Barthwal while addressing a press conference on Friday. The government’s decision to roll back its earlier plan to impose restrictions on laptop imports comes after
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The 15-year old factory in Chennai is
NEW DELHI : India’s exports declined by 2.59 per cent to $34.47 billion in September against $35.4 billion in September 2022, according to the data released by the Ministry of Commerce on Friday. Overall
NEW DELHI : India’s impressive recent economic gains are unlikely to displace China as the world economy’s main growth engine anytime soon, according to HSBC Holdings Plc. “The numbers don’t exactly add up,” Economists Frederic Neumann
NEW DELHI : The DGFT issued Trade Notice No. 29/2023-24 dated October 13, 2023, with the aim of expediting the processing of pending applications for Export Obligation Discharge Certificates (“EODC”) for Advance Authorisations and EPCG.
COPENHAGEN : Maersk’s world’s first large 16,200 Teu-containership powered by methanol has been floated out of its building dock at Hyundai Heavy Industries. The ship is the second of 25 dual fuel ships that
RIYADH : The Saudi Ports Authority (Mawani) has reported an 11.66% surge in container traffic across its trade hubs during September, handling 732,293 TEUs, in comparison to 655,831 TEUs a year earlier. Monthly statistics
HAMBURG : German ocean carrier Hapag-Lloyd has announced new ocean tariff rates from Turkiye and Bangladesh, which will be effective from 1 November. The updated prices from Turkiye to Middle East and Indian Subcontinent
SINGAPORE : Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and long-term measurements show shipping is “getting greener”, the research firm claimed. Emissions on the
CALIFORNIA : CEVA Logistics recently opened a 12,540 m² transload facility, where robots from Boston Dynamics will be used to serve CEVA’s customers at the site within miles of both the ports of Long
