January 1, 2026
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Trade balance with Europe moves into deficit in FY24

February 19, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : India’s trade balance with Europe has moved into negative territory over the first three quarters of FY24, with imports exceeding exports during the period. This is a reversal from FY22 and

Commerce Ministry announces Progress on including SEZs, EOUs in RoDTEP Scheme

February 17, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Ministry of Commerce & Industry (SEZ Section), issued Office Memorandum vide Κ.43022/35/2019-SEZ dated February 16, 2024, updates on integrating SEZs and EOUs into the RoDTEP Scheme, based on previous communications. Hardware

AEPC Chairman said the government to suspend trans-shipment of Bangladesh export cargo via Delhi

February 17, 2024 EXPORT, Logistics, Trending News
NEW DELHI : Apparel exporters body AEPC on Thursday urged the government to suspend an order which allows the trans-shipment of Bangladesh export cargo to third countries through the Delhi Air Cargo complex. The

Textile and Apparel Exports fall in January

February 17, 2024 EXPORT, Trade, Trending News
NEW DELHI : India’s textile and apparel exports are down in January 2024 as data issued by the Ministry of Commerce & Industry shows that textile exports registered a de-growth of 1.18 per cent

India’s January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis

February 16, 2024 EXPORT, Trade, Trending News
NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in the Red Sea disrupting trade as

CBI registers 3 corruption cases against 18 customs officials and 5 exporters for fraudulent duty dr…

February 16, 2024 Customs, EXPORT, Maritime, Ports, Trade, Trending News
MUMBAI : In a major crackdown on corruption, the Central Bureau of Investigation’s (CBI) Mumbai unit has booked 35 persons, including 24 customs officers, in three separate cases of alleged bribery, misconduct and cheating.

India-UAE Logistics partnership boosts following the implementation of CEPA

February 15, 2024 Logistics, COMMERCE, EXPORT, Global Trade, Trending News
DUBAI : The partnership between India and the UAE in the logistics sector has received a substantial boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) on May 1, 2022. This groundbreaking

PM Modi lays foundation stone of 100,000sqm Bharat Mart in Dubai to boost exports

February 15, 2024 EXPORT, Trade, Trending News
DUBAI : The foundation stone of Bharat Mart, which will combine retail, warehousing and logistics facilities at Jebel Ali Free Trade Zone in Dubai, was laid during a virtual ceremony by Prime Minister Shri

Oil production and Chinese buying boost Brazil’s crude tanker exports 19%

February 15, 2024 EXPORT, Global Trade, Trending News
LONDON : “The reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russia’s exports from Europe to Asia while OPEC production cuts in 2023 increased the Americas’ share of exports.

India IT Ministry fears losing out to China, Vietnam in smartphone exports race

February 14, 2024 EXPORT, Technology, Trending News
NEW DELHI : India risks losing out to China and Vietnam as it seeks to become a major smartphone export hub and must “act fast” to lure global companies with lower tariffs, the Deputy IT Minister said in government
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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