India, Japan and South Korea should work together to protect shipping
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In
DGFT; ‘Free’ Onion Exports with $800 Minimum Export Price till December 31, 2023
NEW DELHI : The DGFT vide Notification No. 42/2023 dated October 28, 2023, has declared that onion exports are ‘Free,’ with a Minimum Export Price (MEP) of US $800
India developing port infrastructure for green hydrogen exports
MUMBAI : India is exploring export opportunities for its green hydrogen and ammonia production and is currently developing logistics infrastructure to prepare for future shipments. The Indian government
Ashok Leyland expects 20% revenue from exports in 5 years : Dheeraj Hinduja
CHENNAI : Hinduja Group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive
CBIC issued circular regarding the revision of All Industry Rates (AIRs) of Duty Drawback
NEW DELHI : The CBIC issued Circular No. 26/2023-Customs dated October 26, 2023, regarding the revision of All Industry Rates (AIRs) of Duty Drawback. These revisions were notified in Notification
Saudi Arabia seeks trade deals, mulls BRICS offer to lift exports
RIYADH : Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil
Apparel and textile production witness steep declines following drop in export orders
NEW DELHI : India’s garment manufacturing industry has experienced a significant decline in recent months, with a staggering 22.6% drop between April and August 2023 compared to the
China imposes export controls on Graphite, rattling EV supply chains amid Global tensions
BEIJING: In a move that has sent shockwaves through the global market, China has announced stringent export controls on specific graphite products, effective from December 1, 2023. The
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
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