BRICS: India dumping US Dollar worth millions to protect rupee
SHANGHAI : BRICS member India is most likely dumping millions of US dollar from its reserves to keep the rupee from falling. The Indian rupee touched a low of 84.13 on Tuesday, and the
Rupee falls to all-time low of 84.37 against US Dollar
MUMBAI : The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in
Indian, Sri Lankan officers discuss maritime security, safety of fishermen in the Palk Bay
PALK BAY : A meeting of the Navy and Coast Guard officers of India and Sri Lanka on November 6 discussed issues relating to the maritime security in the Palk Bay and the Gulf
Driving the Future of Maritime: 14th SMI Forum Explores Digital Innovation and Green Transition
SINGAPORE : The 14th edition of the Singapore Maritime Institute (SMI) Forum successfully concluded yesterday with over 200 industry leaders, researchers and government representatives, gathering to discuss the future of maritime in the face
Drewry’s World Container Index up 7%
LONDON : Drewry’s World Container Index increased 7% to $3,444 per 40ft container this week. Drewry’s detailed assessment for Thursday, 07 November 2024
Ramesh S Ramakrishnan honored with the prestigious “The Maritime Standard Hall of Fame Award&#…
DUBAI : Transworld Group of Companies are proud and excited to share that Chairman, Ramesh S Ramakrishnan, has been honored with the prestigious “The Maritime Standard Hall of Fame Award” from the Maritime Standard Awards
Allcargo Gati Quarter Earnings – Cost optimisation drives Enhanced EBITDA Margin
MUMBAI : Allcargo Gati Limited (formerly GATI) one of India’s leading premier Express Distribution and Supply Chain Management company, has reported its un-audited financial results for the quarter ended 30th September 2024. Financial Highlights
GPPL celebrating Global Safety Day 2024 at APM Terminals Pipavav
PIPAVAV : Gujarat Pipavav Port Ltd. marked Global Safety Day 2024 by embracing this year’s theme of “Being Curious Because We Care” through active leadership and hands-on engagement. It’s a weeklong event packed with
Trump’s victory in the US will likely disrupt container shipping industry
OSLO ; Donald Trump’s victory in the US 2024 presidential election is a will likely disrupt industry for international trade as importers fear another spike in ocean container shipping freight rates, according to ocean
Pharma and the IT sectors may face heat if import curbs imposed
NEW DELHI : Donald Trump’s Presidency of the United States will open new opportunities for India, though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose