Engineering exports to Russia rise 140% to $1 billion
NEW DELHI : Due to the payment system in Rupees, the export of engineering goods from India to Russia is increasing. According to available data, in the April-November period of the current year, India’s
Basmati prices have fallen as a restive Red Sea hurts exports
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines’ decision
H-Line Shipping receives 210,000 dwt LNG dual-fuel bulk carrier
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier, HL Hope, to H-Line Shipping. The HL Hope reportedly has a primary engine,
Container freight rates surge along India-Europe maritime route amid Red Sea risks
MUMBAI : Container freight rates along major trade routes between India and Europe have surged following the emergence of security risks to shipping companies. Sources said that the freight (freight) rate for the trade
Russia exports almost all its oil to China and India : Alexander Novak
MOSCOW : Almost all of Russia’s Oil Exports this year have been shipped to China and India, Deputy Prime Minister Alexander Novak said on Wednesday, after Moscow responded to Western economic sanctions by quickly rerouting supplies
DPIIT’s year-end review unveils striking growth and innovation
NEW DELHI : In a revelation poised to redefine India’s economic trajectory, the Department for Promotion of Industry and Internal Trade (DPIIT) concludes the year with a resounding testament to the nation’s resilience and
Govt approved 746 PLI applications till November for different sectors
NEW DELHI : As many as 746 applications have been approved till November 2023 under the Production Linked Incentive (PLI) schemes for 14 sectors such as pharma, white goods, and electronics, an official statement
Red Sea crisis : Kanpur exporters hold back ₹100 crore-worth consignments
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance