Trade deficit narrows slightly to $69.4 billion in March : US Govt
WASHINGTON : The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in exports. The trade deficit contracted 0.1% to $69.4 billion, the Commerce Department’s
DP World unveils new route to boost Turkish imports
DUBAI : As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw material shortages affecting Turkish importers across
CCTT and FFFAI jointly host ‘India-And-World’ Business Forum in Mumbai, DG Shipping addresses to showcase India’s growth trajectory
MUMBAI : The International Coordinating Council on Trans-Eurasian Transportation (CCTT) and the Federation of Freight Forwarding Associations of India (FFFAI) jointly organized a very significant debut meet called ‘India-And-World’ Business Forum which was held
Developing E-commerce hubs to boost exports may figure in ministry’s 100-day agenda of new Govt
NEW DELHI : Developing E-commerce hubs in the country to further promote India’s exports through online medium are expected to figure in the commerce ministry’s 100-day agenda roadmap for the new government, an official
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
India’s plastics exports down 3.5% on global economic conditions and geopolitical tensions
NEW DELHI : India’s plastics exports fell 3.5% to $11.55 billion in FY24 from $11.96 billion in FY23, despite registering a positive y-o-y growth of 5.6% in March 2024 to $1.11 billion, as per
Govt not to impose export curbs on low-grade iron ore
NEW DELHI : India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said, turning down
A new wave of car imports set to hit terminals as new vehicle-carriers come on line
BALTIMORE : An expected jump in the number of car-carrying ships is set to flood ports with vehicles, making congestion at terminals even worse, the head of the industry’s biggest shipping line has said.