MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
MoRTH plans at record ₹60,000 crore monetization in FY25
NEW DELHI : The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record ₹60,000 crore from monetization in the current fiscal, two people aware
Indian Railways’ DFC : 18-year mission on track
NEW DELHI : Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the
APSEZ intends to invest ₹1,689 Crore for ship leasing firm in Gift City
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of ₹1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step-down subsidiary
Cochin Port waives bunkering service charges for three more years
KOCHI : Cochin Port Authority has extended the “waiver of port charges for a further period of three years” for ships calling at outer anchorage of the port
Petregaz India commissions its Rs 600 cr LPG import and storage terminal
NELLORE : Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of
CBI registers case against Megha Engineering & Infrastructure for corruption in Rs 315 Cr NISP
NEW DELHI : The Central Bureau of Investigation (CBI) on April 11 registered a case against Megha Engineering and Infrastructure Ltd, along with eight officers from NMDC Iron
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as
The global shipping industry faces a “shadow of uncertainty”
BOSTON : Worldwide shipping industry faces a “shadow of uncertainty”, particularly with China’s economy teetering on the brink of instability. So says Veson Nautical, which delivers freight management
Ministry of External Affairs advises Indians to not travel to Iran or Israel till further notice
NEW DELHI : The Ministry of External Affairs (MEA) on Friday issued a travel advisory for Iran and Israel, wherein it asked Indians to avoid travelling to these places