March 2, 2026
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Global soya bean exports expected to grow 8% until 2025 : BIMCO

May 16, 2024 Export - Import, Business, COMMERCE, Global Trade, Trending News
LONDON : “Global soya bean exports are forecast to grow by 8% between 2023 and 2025 based on data from the United States Department of Agriculture (USDA). Stronger import demand from China will be

S Jaishankar reacts to US warning of “potential risk of sanctions” over Chabahar Port Deal

May 15, 2024 Ports, Business, Economy, Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Trade, Trending News
KOLKATA : A day after the US warned of “potential risk of sanctions” after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister Shri S Jaishankar emphasised that

Govt to handhold exporters for defending RoDTEP benefits

May 15, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties and Taxes on Exported Products

Supply chain disruptions and rising demand boost container freight rates globally

May 15, 2024 Logistics, Container, Export - Import, Global Trade, International Shipping, Shipping, Shipping Line, Trade, Trending News
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of shipping rates from major Chinese ports,

India saved $25 billion by importing Russian crude oil : Ministry data

May 14, 2024 Trending News, Fuel, Import, Trade
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31 compared to 2022-23, although it imported

Assessing infrastructure requires for $1 tn exports by Aug-Sep

May 13, 2024 Export - Import, Infrastructure, Trade, Trending News
NEW DELHI : A study to assess required infrastructure and identify main industry clusters for achieving the $ 1 trillion merchandise exports target by 2030 may be submitted by August-September to the commerce ministry,

Govt to focus attention for the promotion of India’s textiles exports: Textiles Secretary

May 13, 2024 EXPORT, Trade, Trending News
NEW DELHI : The government will accord focused attention to promote India’s textiles exports, which declined for the second year in a row in 2023-24, Textiles Secretary Rachna Shah said. The government has set

Assam soon to witness India’s first river terminal in Guwahati

May 13, 2024 Export - Import, Inland Waterways, Logistics, Terminal, Trade, Trending News, Water Transport
GUWAHATI : India’s first river terminal is set to be established in Guwahati, Assam. The development marks a significant milestone in the country’s transportation and logistics sector.  The terminal promises to boost the state’s economy

Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee

May 13, 2024 Trade, Defence, Economy, EXPORT, Global Trade, Trending News
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This

China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn

May 13, 2024 Trade, Economy, EXPORT
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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