India emerges as a strong contender in global supply-chain diversification: BofA
NEW DELHI : India’s GVC output as percent of total output at 3.17 percent is already the 5th highest in the world, according to the report With the world looking to diversify its supply
NYK launches sixth LNG-fueled Pure Car and Truck Carrier
TOKYO : NYK’s sixth LNG-fueled pure car and truck carrier (PCTC), Sumire Leader, has started its transportation service for Mazda Motor Corporation (Headquarters: Aki District, Hiroshima Prefecture; Representative Director, President, and CEO: Katsuhiro Kago),
Government allows export of non-basmati rice to Nepal, 6 other countries
NEW DELHI : The government on October 18 permitted the export of Non-Basmati white rice to neighbouring Nepal, Malaysia and five other countries in specified amounts, relaxing the curbs imposed earlier this year to
Limited benefit for India in trade deal with UK : GTRI
NEW DELHI : The India-UK free trade agreement (FTA) is expected to yield only limited benefits for India, as many of its exports to the UK already enjoy low or zero tariffs, a new
World’s first LNG-fuelled panamax commences operation
NAGASAKI : The world’s first LNG-fuelled Panamax-class coal carrier, which was built by Nippon Yusen Kabushiki Kaisha (NYK) and Kyushu Electric Power Co., Inc. (Kyuden), was delivered on 2 October. The vessel was named
Govt may impose blanket ban on Sugar export amid soaring sugar prices
NEW DELHI : The Centre is likely to implement a blanket ban on sugar export in response to rising prices and lower-than-expected production in the 2022-23 season, which began in October. According to the
Centre considering review of Free on Board (FOB) value for issue of Registration – cum – Allocation …
NEW DELHI : The Government has taken a series of measures in order to check the domestic prices of rice and ensure adequate availability for domestic consumers. One of the measures being that contracts
Nokia’s Chennai plant exports 50% of production
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The 15-year old factory in Chennai is