February 28, 2026
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India unveils vision for groundbreaking Middle East-Europe Economic Corridor

December 24, 2024 Export - Import, Economy, Foreign Ports, Logistics, Ports, Railway, Trade, Trending News
NEW DELHI : India has outlined plans for its ambitious project IMEC (India-Middle East-Europe Economic Corridor) as it takes shape. The IMEC comprises two separate geographical corridors, said Shri Kirti Vardhan Singh, the Minister

Bangladeshi traders “Forced” to import from Pakistan amid growing maritime ties

December 24, 2024 Defence, Economy, Global Trade, Import, Maritime, Trending News
DHAKA : In a concern for India, trade and maritime ties between Pakistan and Bangladesh seem to be getting stronger, with a second cargo vessel from Karachi reaching the Chittagong port this week. The

Joint Statement: Official visit of Prime Minister of India to Kuwait

December 23, 2024 Export - Import, Business, COMMERCE, Economy, Trade, Trending News
NEW DELHI : At the invitation of His Highness the Amir of the State of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Prime Minister of India Shri Narendra Modi paid an official visit to Kuwait

Historic Rail Connectivity at CONCOR’s GCT-Varnama

December 23, 2024 Export - Import, ICD, Logistics, Rail Freight, Trade, Trending News
VADODARA : In a significant development for India’s logistics sector, CONCOR has established rail connectivity for the Gati Shakti Multi-Modal Cargo Terminal (GCT) at Varnama with the Western Dedicated Freight Corridor (WDFC). On December

India signs USD 350 million loan agreement with ADB to strengthen Multimodal and Integrated Logistics Ecosystem

December 23, 2024 Export - Import, Business, COMMERCE, Economy, Finance, Infrastructure, Logistics, Trade, Transport, Trending News
NEW DELHI : The central government and the Asian Development Bank (ADB) signed a USD 350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program. The Ministry

PM Gati Shakti is redrawing India’s infra map

December 23, 2024 Export - Import, Airports, Economy, Infrastructure, Logistics, Ports, Rail Freight, Supply Chain, Trade, Transport, Trending News
NEW DELHI : The 85th meeting of the Network Planning Group (NPG) under the PM Gati Shakti initiative recently assessed five transformative infrastructure projects, comprising two railway projects and three highway development projects that

Indian Exporters see Limited Gains from Weaker Rupee

December 23, 2024 EXPORT, Business, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The Indian rupee’s depreciation to an all-time low of Rs 85.10 per US dollar has brought a mixed bag of outcomes for exporters and import-reliant industries.  While sectors like garments, handicrafts,

India-Indonesia Bilateral Trade hits USD 29.4 Billion in 2024: Report

December 23, 2024 Export - Import, Business, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The bilateral trade between India and Indonesia reached USD 29.4 billion in FY2023-24, with Indonesia ranking as India’s eighth largest trading partner. India is Indonesia’s second-largest buyer of coal and crude

No sugar exports for now, domestic supply priority

December 23, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : The government is not favour of allowing surplus sugar exports at present despite a projection of around one million tonne sugar in the current 2024-25 sugar season (October-September), Shri Sanjeev Chopra,

Leather exports likely to grow by over 12% to $5.3 bn this fiscal: CLE

December 23, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : The country’s leather and footwear exports are expected to grow by over 12 per cent to $5.3 billion in the current financial year on account of healthy demand in key global
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