G20 trade policy turning restrictive, says WTO
NEW DELHI : At a time when global goods trade is already slowing in the backdrop of rising interest rates and geo-political conflicts, trade measures introduced by G20
Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in
MoCI to help exporters maintain proper documentation to deal with cases
NEW DELHI : The Commerce Ministry(MoCI) has started an exercise to help Indian exporters keep proper documentation to deal with US countervailing duty cases on domestic products, an
Indian exporters stare at freight cost hikes as ships avoid Suez Canal
MUMBAI : Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa
APSEZ expands Strategic Partnership with MSC
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a second strategic partnership with Terminal Investment Limited (TiL),
BIMCO calls for immediate end to attacks on international shipping
LONDON : One month ago, a series of unprovoked attacks on merchant ships began in the Southern Red Sea, Bab El-Mandeb, Gulf of Aden and the Arabian Sea.
Exports seen to have declined 5% in 2023
NEW DELHI : India’s merchandise exports in 2023 would not buck the larger global trends and are set to contract 5.3%, according to an analysis by trade policy
ICEDASH helps importers & exporters to compare the clearance times across Customs Ports and give
NEW DELHI : The CBIC has launched ICEDASH to help importers and exporters to compare the clearance times across Customs Ports and gives valuable inputs for logistics planning.
Essar to invest Rs 55,000 crore across Port, Power and Energy transition in Gujarat
GANDHINAGAR : Essar Group has signed three agreements with the Gujarat government to invest Rs 55,000 crore across port, power and energy transition ahead of the Vibrant Gujarat
Centre cuts logistics costs to below 9% of GDP with higher state spending
NEW DELHI : India’s logistics costs have come down to below 9% of gross domestic product (GDP), helped by rising state spending on roads, ports and digitisation, a