Global Trade Needs a China Alternative. India Needs Better Ports
The Rishiri Galaxy, a Panamian-flagged tanker one and a half times the length of a football field, sat tethered to the dock on a muggy day at the Jawaharlal Nehru Port on the west
India-ASEAN FTA : India looking for more tariff cuts, tighter RoR
NEW DELHI : India is looking for further tariff cuts in key items of its export interest such as chemicals, metals and alloys, machinery, plastic and rubber, textiles, leather and gems and jewellery, as
Mazagon Dock looks for new warship projects, expects growth in FY25 on strong order pipeline
MUMBAI : Mazagon Dock Shipbuilders expects a decent growth in the financial year-ending March 2025, drive by new projects as well as other projects in the pipeline. Sanjeev Singhal, Chairman and Managing Director of
DRI officials detain over 400 ‘organic’ rice containers at 3 ports
NEW DELHI : Over 400 organic rice containers have been detained by Directorate of Revenue Intelligence (DRI) personnel in JNPT, Mundra and Kandla Ports following report of alleged irregularities in the shipments. Trade sources said
Pralhad Joshi chairs the Project Offtake Agreement signing ceremony for export of green ammonia from India to Japan
NEW DELHI : The Union Minister of New and Renewable Energy, Shri Pralhad Joshi, chaired the signing ceremony of the first-ever agreement for the export of Green Ammonia from India to Japan. The project
Indian GDP can hit $55 trillion by 2047 at 8% growth: IMF
NEW DELHI : India has the potential to grow into a $55 trillion economy by 2047 if both state and central governments enact policies to elevate the nation’s growth rate from its historical average
Rupee depreciation shows cracks in economy
NEW DELHI : The fall of the rupee against the US dollar has been accentuated in the recent months with visible cracks in some key economic indicators. The local currency is within kissing distance
Gokaldas defers Bangladesh Apparel Unit plan as unrest lingers
BENGALURU : Textile and garments player Gokaldas Exports recently said that the company had been anticipating ‘problems’ in Bangladesh, and has thus not been creating capacities given concerns over security and the business environment.
MSC restarts Far East-Australasia Service as rates head north
GENEVA : As Far East-Australia rates have been going up, Mediterranean Shipping Company willrelaunch the North Asia-ANZ Wallaby Service. The service connects Hong Kong, Yantian, Xiamen, Shanghai, Ningbo, Sydney, Melbourne,Auckland, Bluff, Lyttelton, Wellington, Napier, Tauranga, Melbourne,
APM Terminals Callao reports 15% year-over-year import surge
PERU : APM Terminals Callao in Peru in the first half of the year, experienced a notable increase in the volumes of a diverse range of products, including wheat, corn, steel coils, and heavy