US import rates poised for rebound as congestion worsens
All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion and supply chain gridlock countered other bearish indicators. The October downturn in trans-Pacific eastbound
Gold imports jump multi-fold to $24 billion in Apr-Sep due: Commerce Ministry
NEW DELHI : Gold imports, which have a bearing on the current account deficit, zoomed to about USD 24 billion during April-September 2021 due to higher demand in the country, according to data from
Dubai halts cargo imports for six days to clear backlog
Dubai will restrict cargo imports for six days next week in a bid to clear a backlog caused by “extraordinarily high” volumes of shipments. Dnata, the cargo handling branch of government-owned airline group Emirates,
Bulk importers at mercy of lighter vessel cartel
Importers allege the WTC has monoplised the goods transport at Chattogram port and hiked shipping fares arbitrarily DHAKA : The Water Transport Cell (WTC), which was formed to operate lighter vessels in a systematic
India need to boost biofuel production to reduce dependence on imported crude oil : Nitin Gadkari
NEW DELHI : Union Minister Shri Nitin Gadkari stressed that our country needs to enhance the production of biofuel by using the stubble of certain crops to reduce the dependence on the import of
India’s copper import rises 26 percent in Q1, momentum expected to continue further: Report
NEW DELHI : India’s copper import which increased 26 percent to 60,766 tonnes in the June quarter of 2021-22 is expected to rise further in the remaining part of the financial year with economic
Govt extends import window for tur, urad and soyameal till Jan 2022
BENGALURU : The government has given more time for importers of soyameal and pulses such as tur and urad to bring in their consignments into the country till January 31, 2022. The free import
Petronet LNG seeks fresh foray into the petrochemical business
NEW DELHI : Petronet LNG Ltd, India’s largest gas importer, is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set up