NEW DELHI : The Union Budget 2024-25, presented by Union Finance Minister, Smt. Nirmala Sitharaman, sets a visionary path for India’s economic development. The budget focuses on the theme of “Next Generation Reforms,” aiming
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according
PARADIP : Paradip Port has conducted the first ship-to-ship special grade diesel oil transfer from MT Orkim Fortitude to empty tanker MT Torm Republican at its North Oil Jetty inside Harbour area. This has
NEW DELHI : Setting up of the proposed E-Commerce export hubs, highlighted in Union Budget 2024-25, is being expedited with the Directorate General of Foreign Trade (DGFT) and the Department of Revenue close to
KOLKATA : Minister of State of Development of North Eastern Region Dr Sukanta Majumdar informed in a written reply to a question in Lok Sabha on Wednesday, that several road and transport infrastructure development projects have been
TIRUPPUR/ERODE : The Tiruppur Exporters Association (TEA) expressed disappointment that some of its expectations were not addressed by Finance Minister Smt Nirmala Sitharaman, but hoped they would materialise it in the coming days. K
PARIS : MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark, thanks to aggressive newbuilding orders and recent
GENEVA : Investigations as to what caused the container ship MSC Michigan VII to lose propulsion and nearly strike a bridge have been completed. The 6,500 teu container ship MSC Michigan VII had been detained at the
SINGAPORE : Pacific International Lines (PIL) is partnering with WaveBL, a leading provider of digital trade solutions, to provide a wider range of electronic Bill of Lading (eBL) solutions to its customers. With a
LONDON : Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea. The 6% increase from
