Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
CBIC approves Customs House at Surat Diamond Bourse
SURAT : Surat Diamond Bourse(SDB) stated, all necessary formalities were finalized on Tuesday. The customs house, which occupies an area of 40,000 square feet, is now ready for use. “The CBIC notified SDB under
Uttar Pradesh government to set up 33 logistics clusters across 30 dists
LUCKNOW : The Uttar Pradesh government, with the aim of accelerating industrial development, has initiated the process to establish 33 Integrated Manufacturing and Logistics Clusters (IMLCs) along expressways across 30 districts of the state.
Govt to set up credit guarantee fund for small businesses in next 100 days : DFS Secretary
NEW DELHI : The union government plans to set up a credit guarantee fund for micro, small and medium enterprises (MSMEs) in the next 100 days, Mr. Vivek Joshi, Secretary at the Department of
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.
India-made telecom equipment now being exported to more than 100 nations
NEW DELHI : Designed and manufactured in India, telecom equipment are now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more than
Govt of India takes several steps to promote business, boost exports and manufacturing
NEW DELHI : The Union Minister of State for Commerce and Industry, Shri Jitin Prasada informed in a written reply in the Lok Sabha that, the Central Government has undertaken several key initiatives and
755 applications approved across 14 sectors, investment of Rs. 1.23 lakh crore attracted under PLI Scheme till March 2024
NEW DELHI : Keeping in view India’s vision of becoming ‘Atmanirbhar‘, Production Linked Incentive (PLI) Schemes for 14 key sectors have been announced with an outlay of Rs. 1.97 lakh crore (over US$26 billion)