India’s exports may take a $30 billion hit on Red Sea threats
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge
COSCO Shipping halts shipping to Israel : Israeli media
JERUSALEM : Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday. The report, which did not include details behind the
India-US shippers hit by three rounds of hefty rate hikes in January
MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the
How Red Sea attacks put India’s trade at risk
NEW DELHI : The Gaza war has long posed the risk of escalating into a broader crisis for the Global Economy, and recent developments in the Red Sea
Local ship cover may get an India club flavour
NEW DELHI : India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in
Vibrant Gujarat Global Summit 2024 : ‘Rising Gujarat’ as an investment destination for the World
India is experiencing a phenomenal economic growth momentum making it amongst the fastest-growing major economies in the world expected to grow at 6.3% as per the International Monetary
CAIT call upon exporters to refrain from doing business with Maldives
NEW DELHI : CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said that the offensive comments targeting Prime Minister Modi have been deemed unacceptable by
Indian Railways achieve 6,577 Route Kilometers electrification in the calendar year 2023
NEW DELHI : With a vision of providing eco-friendly, faster and energy-efficient mode of transportation, Indian Railways is marching ahead towards 100% electrification of Broad Gauge tracks. During
Denmark and India launch green fuels alliance
NEW DELHI : Denmark and India have launched the Green Fuels Alliance India (GFAI), a collaborative initiative aiming to enhance joint efforts between the two nations in the
Port of Virginia becomes first USEC port powered by 100% clean energy
NORFOLK : The Port of Virginia is now powering all its terminals with electricity from clean resources and accelerating its goal of becoming carbon-neutral by 2040. By utilising