January 2, 2026
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Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs

June 17, 2024 Fuel, Infrastructure, LNG, Logistics, Transport, Trending News
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as

Indian textile exports surge 9.59% in May 2024, overcoming global challenges

June 17, 2024 EXPORT, COMMERCE, Economy, Trending News
NEW DELHI : Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous

Ocean freight rates in rough waters on congestion, Red Sea crisis

June 17, 2024 Container, EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices

DGFT wants interest equalisation scheme for exporters to continue

June 14, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : In a move set to bring relief to exporters, the Directorate General of Foreign Trade (DGFT) has concluded that there is merit in continuing the interest equalisation scheme for the export

APEDA facilitates first Consignment of MD 2 Pineapples from India to UAE

June 14, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : In a significant stride for India’s fresh fruit export sector, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, facilitated the successful export

Piyush Goyal looks to build on PLI scheme, boost exports in 2nd term as Commerce Minister

June 13, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal on Tuesday told officials of his ministry that the government needs to build on the success of the past initiatives such as the

India’s exports have already started picking after a weak year: Unmesh Wagh, Chairman, JNPA

June 12, 2024 EXPORT, Ports, Shipping, Trade, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) will aim to handle 7 million TEU of cargo in FY25, up from 6.42 million TEU in FY24, Mr. Unmesh Wagh, Chairman, JNPA, told Moneycontrol in an interview. Mr.

US poised to replace China as Korea’s top export destination

June 12, 2024 EXPORT, Economy, Global Trade, Trending News
SEOUL : South Korea‘s exports to the United States are likely to exceed those to China this year for the first time in 22 years, according to a joint report released Monday by Statistics

Modi 3.0 gets feedback on key schemes; focus on jobs, Credit for MSME, Export push, PLI review

June 11, 2024 EXPORT, Business, Economy, Trade, Trending News
NEW DELHI : The newly formed NDA Government has received specific feedback based on which it may take up key proposals to expand and review its flagship developmental programmes, including ramping up allocations, focus

PV exports rise by 268K units in last 4 years; Maruti’s biggest gainer

June 11, 2024 EXPORT, Logistics, Transport, Trending News
NEW DELHI : Passenger Vehicle exports from India rose by 268,000 units in the last four financial years with Maruti Suzuki India accounting for nearly 70 per cent of the incremental shipments during the
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