SIIM and CMA CGM sign strategic tropical fruit agreement
RUNGIS: SIIM ((Société Internationale d’Importation de Fruits et Légumes) and CMA CGM have signed a strategic agreement for 2026 covering the weekly transport of more than 70 refrigerated containers of pineapples and bananas from
Gold imports drive biggest-ever monthly trade gap in October: RBI Bulletin
NEW DELHI: India’s merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according
India’s largest conglomerate stops Russian oil imports amid global pressure
NEW DELHI : India’s largest conglomerate Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in the western state of Gujarat. The move
DRI seizes smuggled 30,000 pieces firecrackers worth ₹5 crore at Mundra Port; one arrested
MUNDRA : In a continued effort under operation “Fire Trail” to counter illicit import of firecrackers, the Directorate of Revenue Intelligence (DRI), has successfully busted another sophisticated smuggling attempt involving the illegal import of
India remains second-largest buyer of Russian Oil despite U.S. pressure
NEW DELHI : India’s crude oil inflows from Russia remained robust in October, touching $2.9 billion, even as the U.S. tightened sanctions on major Russian energy producers. According to new data from the Centre
CMA CGM to acquire 20 per cent stake in major Hamburg fruit import hub
MARSEILLE : CMA CGM is to acquire a 20 per cent stake in Eurogate Container Terminal Hamburg (CTH), a major entry point for imported fresh fruit into northern and central Europe. The move is
India imposes Anti-Dumping Duty for 5 years on steel imports from Vietnam
NEW DELHI : India has imposed an Anti-Dumping Duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for five years. The move is aimed at protecting domestic
Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say
LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump