India’s merchandise exports expected to grow at 4.9% in Q4FY21’
India’s merchandise export is expected to grow at 4.9 per cent in Q4FY21, predicted Export-Import Bank of India in a report. Accordingly, the report cited that total merchandise
India’s foreign exchange reserves surpass Russia’s to become World’s fourth largest
NEW DELHI: India’s foreign-exchange reserves surpassed Russia’s to become the World’s fourth-largest, as the South Asian nation’s central bank continues to hoard dollars to cushion the economy against
Adani Ports-led consortium to develop West Container Terminal in Colombo
Adani Ports and Special Economic Zones Ltd (APSEZ), a key subsidiary of the diversified Adani Group, has received a Letter of Intent (LOI) from Sri Lankan authorities for
Adani Ports wins Rs 310 crore dredging deal from Deendayal Port Trust
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla, Gujarat. India’s
Hapag-Lloyd & MAWANI sign first commercial agreement to increase number of containers
RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing
MSC announces new Asia-USEC service
Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. MSC is introducing a new container
AllCargo likely to bid for CONCOR stakes
Allcargo Logistics is showing interest to bid for the stakes in state-run Container Corp of India. The logistics provider, in order to make the purchase successful, is also
Indo-Bangla Trade time through Petrapole land port extended
KOLKATA: The Customs Department has extended the timing of trade between India and Bangladesh through West Bengal’s Petrapole land port by another three hours till 11 pm every
CMA CGM Group posts $1.75 bn net profit in 2020,driven by robust momentum in International trade
The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met last week under the chairmanship of Mr Rodolphe Saadé, Chairman and
Exporters benefit scheme RoDTEP stuck in inter-ministerial tangle
The proposed Remission of Duties and Taxes on Exported Products (RoDTEP) scheme seems to be stuck in an inter-ministerial tangle. According to reports, the scheme benefits may not
