February 28, 2026
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Over 50,000 garment workers left jobless as Bangladesh’s apparel sector faces crisis

January 21, 2025 EXPORT, Global Trade, Trade, Trending News
DHAKA : The garment industry, a crucial driver of Bangladesh’s export economy, is currently grappling with a series of challenges that have led to a significant downturn. In the past year, at least 76

India transforms from importer to exporter, shipping 135,877 tons of Frozen French Fries in 2023-24

January 21, 2025 Export - Import, Business, Finance, Global Trade, Trade, Trending News
NEW DELHI : In 1992, Lamb Weston, an American processed food company, initiated the import of Frozen French Fries (FF) into India, targeting star hotels. Canadian multinational McCain Foods entered the Indian market in

Sympathy for the shipping executive : Drewry

January 21, 2025 Export - Import, Foreign Ports, International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
LONDON : Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard for the

Houthi rebels to halt military operations against most ships in Red Sea

January 21, 2025 Export - Import, Foreign Ports, Global Trade, International Shipping, Ocean Attack, Shipping Line, Trending News
NEW YORK : Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore, Tokyo and Dubai told S&P Global Commodity

India excludes liquor, cigarettes from duty concessions in Oman FTA talks

January 20, 2025 Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India has excluded over 100 product categories, including liquor and cigarettes, from customs duty concessions in the ongoing Free Trade Agreement (FTA) negotiations with Oman, sources revealed. While the FTA negotiations

Exports to China saw sharpest fall in December

January 20, 2025 EXPORT, COMMERCE, Finance, Global Trade, Trade, Trending News
NEW DELHI : India’s outbound shipments to four of top 10 export destinations – United Arab Emirates (UAE), the Netherlands, China, and Singapore – contracted in December last year, which led to a decline

India sets ambitious target of USD 250 Billion in engineering exports by 2030

January 20, 2025 EXPORT, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian Government aims to achieve USD 1 trillion in exports by 2030, with USD 250 billion expected from the engineering sector, according to Commerce Secretary Sunil Barthwal. This ambitious target reflects

India’s regulatory system ensures transparent process for high-tech exports : DGFT Sarangi

January 17, 2025 EXPORT, Global Trade, Technology, Trade, Trending News
BENGALURU : India’s Regulatory system is ensuring a robust and transparent process for exports of high-tech goods, a senior official said on Thursday. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that

Piyush Goyal launches National Turmeric Board 

January 16, 2025 EXPORT, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its first Chairperson. The headquarters of the

India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Budget for Export Boost

January 16, 2025 EXPORT, Business, COMMERCE, Export - Import, Finance, Policy, Trade, Trending News
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,
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