March 2, 2026
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FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs

May 29, 2024 EXPORT, Business, Economy, Trade, Trending News
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted

Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations

May 29, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to

Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean

May 29, 2024 International Shipping, Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The first (attack) targeted the American ship

A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns

May 29, 2024 EXPORT, Business, Economy, Global Trade, Trade, Trending News
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group

India records Trade Deficit with 9 out of 10 Trade Partners in FY24

May 28, 2024 Export - Import, Business, Economy, Global Trade, Trade, Trending News
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies

India’s use of crude tankers to export diesel slows in May

May 28, 2024 Tanker, EXPORT, Fuel, Maritime, Shipping, Trending News
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade

30% rise in two-wheeler exports in H1

May 28, 2024 EXPORT, Transport, Trending News
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported

Cyclone Remal : Syama Prasad Mookerjee Port, Kolkata announced suspension of operations amid cyclone alert

May 27, 2024 Export - Import, Logistics, Ports, Shipping, Shipping Line, Trade, Trending News
KOLKATA : The Syama Prasad Mookerjee Port in Kolkata has suspended all cargo and container handling operations for 12 hours from Sunday evening in view of the forecast of a cyclonic storm, officials said.

SITC launches new weekly MIM service connecting Malaysia, India, and Myanmar

May 27, 2024 Export - Import, Logistics, Ports, Shipping Line, Trade, Trending News
KOLKATA : SITC, a leading intra-Asia operator, has announced the commencement of a direct weekly service linking Port Klang (Malaysia) and Yangon (Myanmar) with the Haldia Dock Complex (HDC) of Syama Prasad Mookerjee Port,

Red Sea crisis: Government must come to the rescue of MSME exporters

May 27, 2024 EXPORT, Logistics, Ports, Shipping, Transport, Trending News
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the preferred choice for most shipping companies.
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