PHDCCI submits economic memorandum to Fin-Min ahead of Union Budget 2024-25
NEW DELHI : In anticipation of the Union Budget for the fiscal year 2024-25, the PHD Chamber of Commerce and Industry (PHDCCI) has submitted a comprehensive memorandum on
No plan to introduce PLI in new sectors : DPIIT
NEW DELHI : Centre has no plan to introduce production linked incentive (PLI) schemes in any new sector at the moment. PLI has already been deployed in 14 sectors. Instead, it
Cargo movement through Inland Waterways up 8%, cargo handled across major ports up 6% in April-Nov p
NEW DELHI : Cargo movement through inland waterways for the April-November period is up around 8 per cent at 86.47 million tonnes (mt), while the cargo handled across
Tiger Logistics bags a tender from HPCL
NEW DELHI : Tiger Logistics (India) Ltd on Monday said it has bagged a project from Hindustan Petroleum Corporation Ltd (HPCL). “This accomplishment positions our company to explore
High tariffs among reasons behind weak exports : GTRI
NEW DELHI : The reasons behind India’s weaker export performance include higher tariffs in India and lower tariffs in its FTA partner countries, think tank Global Trade Research
Strike called off : Central Government delays New rules on Hit-and-Run cases following assurance to
NEW DELHI : In a significant development, the Home Secretary of the Central Government, during a meeting with the office bearers of the All India Motor Transport Congress
ONE announces Japan Taiwan Cat Lai (JTC) Service
SINGAPORE : Ocean Network Express (ONE) has unveiled its latest service – the Japan Taiwan Cat Lai (JTC) Service. JTC is designed to offer customers enhanced connectivity through
Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi
Inchcape Shipping Services acquires major stake in Leth Suez Transit
LONDON : UK-based shipping servicer Inchcape Shipping Services has announced an investment for a majority stake in Leth Suez Transit (LETH) to strengthen operations. Through the acquisition, LETH
A Year of Transformation : AD Ports Group Closes 2023 as a Year of Global Expansion and Enhanced Cap
ABU DHABI : In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group has further cemented its position as one of the world’s