Textile Ministry probably get a marginal rise of 2.5% in the Budget 2024
NEW DELHI : The textile ministry is likely to see a marginal increase of 2.5% in its budget allocation for fiscal year 2024-25, two persons aware of the
Interim Budget 2024: Exporters seek higher allocation for MAI scheme
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to
India to export BrahMos supersonic cruise missile system in next 10 days: DRDO chief
NEW DELHI : India is set to initiate the export of ground systems for the BrahMos supersonic cruise missile within the next 10 days, with the missiles themselves expected to
Xeneta forecasts freight rates to rise further in February amid Red Sea Crisis
OSLO : Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by
THE Alliance announces service network adjustments for 2024
HAMBURG : The setup of THE Alliance’s network has been reconfigured to ensure a comprehensive port coverage. The enhanced service setup will be effective from April 2024. One
DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exports
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has urged the Gem & Jewellery Export Promotion Council to popularise jewellery exports through e-commerce and to position
Apparel exporters seek tax incentives in Budget 2024 to boost manufacturing
NEW DELHI : In order to increase domestic manufacturing and India’s outward shipments, Apparel Export Promotion Council (AEPC), on Wednesday called for tax advantages like uniformity in GST
Container rate surge slows as Chinese New Year approaches
SINGAPORE : Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new
India increases import duty on gold and silver findings, coins of precious metals to 15%
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to