India-UAE exports expects a jump of 60% to reach $50 billion by FY27 : Commerce Secretary
NEW DELHI : Indian exports to UAE are likely to jump 60 percent to reach $50 billion by 2026-27 from the current $31.3 billion getting a boost from
CEPA is the growth engine for India-UAE bilateral trade
NEW DELHI : On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), Commerce Secretary Shri Sunil Barthwal congratulated the
DCI gets ₹172 cr dredging order from Paradip Port Authority
VISAKHAPATNAM : Paradip Port Authority’s marine department has awarded Dredging Corporation of India a project worth ₹172 crore to dredge the approach channel, entrance channel, turning circle, docks and sand
Industrial and warehousing demand rises 11% YoY in Q1
NEW DELHI : Leasing of industrial and warehousing space rose 11 percent year-on-year (YoY) to 7.2 million square feet (msf) during the January-March period across five major cities,
Container shipping under pressure globally due to high interest rates : S&P Global Commodity In
SINGAPORE : Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary traits”, says
DP World and Delhi Capitals Spread Cricket Cheer
NEW DELHI : DP World recently hosted 5 children from Akshaya Patra Foundation, an NGO that is working towards eliminating classroom hunger in India, for a unique fan
Oil trade in rupee can be ‘game changer’ for India
NEW DELHI : India’s imports of Russian oil using rupees can set off a virtuous cycle of a stronger domestic currency and lower inflation, which can boost long-duration
Chinese state-owned firm to build major Sri Lanka port complex
COLOMBO : A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub. Sri
Seized tanker ‘Advantage Sweet’ remains in Iranian waters
TEHRAN : Iran’s army has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman after it collided with an Iranian boat, injuring several crewmen, state media
Saudi Ports’ container volumes rise 17.6% to 2m tons in Q1: Mawani
RIYADH : Saudi Arabia’s Ports recorded a 17.57 percent increase in cargo throughput volumes to 2.01 million 20-foot equivalent units in the first quarter of 2023, compared to