India’s logistics cost lower than Govt estimate
NEW DELHI : On various occasions in recent years, Prime Minister Shri Narendra Modi and Union Road Transport and Highways Minister Shri Nitin Gadkari pegged India’s logistics to be around
India targeting $500 billion exports from 10-11 sectors by 2030
NEW DELHI : Indian government is working on boosting domestic manufacturing and increasing exports to $500 billion by 2030 from 10-11 sectors, including automobiles, pharma, textiles, medical devices
Nitin Gadkari approves Rs 1170 crore outlay for roads in Ladakh
NEW DELHI : Road Transport and Highways Minister Shri Nitin Gadkari has sanctioned an allocation of Rs 1170.16 crore for 29 road projects for the Union territory of
Industry demand amnesty scheme for customs settlement
NEW DELHI : Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We
Govt has strictly no plans to put MEP on all Agricultural commodities: Commerce Ministry
NEW DELHI : The government on Friday said there are “strictly” no plans to impose the minimum export price (MEP) on all agricultural products. Additional Secretary in the
Petronet LNG to set up LNG terminal on east coast of India
GOPALPUR : Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast
Rice exports impacted by problems in Red Sea: Commerce Minister Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Thursday said rice exports have been impacted by the problems in the Red Sea, though a clear picture will
Shippers accuse carriers of price gouging
OSLO : Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged
Attack on ship off India’s west coast can raise war risk premiums as security tightens
NEW DELHI : India has deployed missile destroyers in the Arabian Sea following the drone attack on a chemicals tanker off its west coast as market participants cautioned
Half of Red Sea container fleet avoids route after attacks
CAIRO : Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.