Over half of Indian exports to US unaffected by new tariffs
NEW DELHI : More than half of Indian Exports to the United States are expected to remain unaffected by the newly announced US tariffs, sources told . As per the think tank GTRI, India’s
FinMin amends rules governing customs & excise settlement commission ; existing officers to vacate posts with compensation
NEW DELHI : The Ministry of Finance has notified amendments to the rules governing the Customs and Central Excise Settlement Commission, mandating that all existing members, including the Chairman and Vice-Chairmen, vacate their positions
Rs 44 Cr Customs Duty evasion involving undervalued walnut imports : Bombay HC allows Anticipatory Bail
NEW DELHI : In a recent case, the Bombay High Court allowed anticipatory Bail in case of Rs 44 Cr of Customs Duty evasion involving undervalued walnut imports. The applicants have demonstrated their willingness
AI-Powered detection delivers improved Safety to Offshore Operators
EDINBURG : The offshore energy industry has started adopting AI-based advanced detection technology to improve safety and operational oversight, with operators now trialling and installing intelligent detection systems to reduce the risk of man
Xeneta Weekly Container Shipping Market: Transpacific Rates on the decline
OSLO : Xeneta analyst insight – Transpacific – “Average spot rates on the major fronthauls from the Far East to US have been falling hard and are now at the lowest level since December
Drewry: World Container Index down 1% last week
LONDON : Drewry’s World Container Index decreased 1% to $2,499 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 Jul 2025 Source: Drewry
Baltic Index records Worst Week in more than a Month
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates
“India ramps up shipbuilding capability to realise PM Modi’s vision of Viksit Bharat”: Sarbananda Sonowal
NEW DELHI : India’s shipbuilding industry is undergoing a transformational shift, as the Union Government under Prime Minister Shri Narendra Modi accelerates efforts to build a world-class maritime ecosystem—paving the way for a Viksit
Green Ports & Shipping Conference : Chartering sustainable maritime future
TUTICORIN : Ministers of Shipping, dignatories Industry leaders, policymakers, innovators, and environmental advocates converged this week at the Green Ports & Shipping Conference, an influential summit focused on steering the global maritime industry toward
Sarbananda Sonowal informs Modernization of Ports under Maritime India Vision 2030
NEW DELHI : Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal informed in a written reply to the Lok Sabha that, Maritime India Vision 2030 envisions Chennai-Kamarajar-Cuddalore cluster to become Mega Port