June 23, 2026
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Long vessel queue forms at Chattogram Port

July 29, 2024 International Shipping, Export - Import, Foreign Ports, Shipping Line, Trade, Trending News
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from

India says it plans to simplify GST rate regime in coming months

July 27, 2024 Customs, COMMERCE, Economy, Export - Import, Finance, Trade, Trending News
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said. “Too many rates in goods and

Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports

July 27, 2024 Container, Container Terminal, Export - Import, Logistics, Ports, Shipping, Trade, Transport, Trending News
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the heavy rains over the past seven

Union Budget 2024 – A catalyst for India’s logistics and economic growth : Vineet Agarwal

July 27, 2024 Export - Import, COMMERCE, Economy, Infrastructure, Logistics, Trade, Trending News
The Union Budget 2024 like earlier years continues to set upward trajectory for the Indian economic landscape. Infrastructural development and fiscal prudence being the major considerations in the approach, it is set to have

Piyush Goyal chairs stakeholder interaction with Leather and Footwear Industry

July 26, 2024 EXPORT, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry Shri Piyush Goyal chaired a stakeholder interaction with the Leather and Footwear Industry yesterday here. The Minister encouraged the industry to aim for a bigger

DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation administered by the CBIC

July 26, 2024 Export - Import, Customs, Logistics, Terminal, Trade, Trending News
MUMBAI : DP World, a leading provider of worldwide, smart, end-to-end supply chain solutions, has received the prestigious AEO-LO (Authorised Economic Operator for Logistic & Terminal Operators) certification. The certification, under the aegis of

Minister informed Lok Sabha on export of small products by MSMEs

July 26, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : MSME sector has a significant contribution in GDP, employment generation, manufacturing output, and exports in the country. The sector is manufacturing a large variety of products including small products. Product/sector wise

India’s July edible oil imports to surge to record on robust palm buying, sources say

July 26, 2024 Import, Oil Refinery, Shipping, Tanker, Trade, Trending News
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import

CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024

July 25, 2024 Import, Customs, Economy, Finance, Trade, Trending News
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according

DGFT and DoR close to finalising framework for E-Commerce export hubs

July 25, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : Setting up of the proposed E-Commerce export hubs, highlighted in Union Budget 2024-25, is being expedited with the Directorate General of Foreign Trade (DGFT) and the Department of Revenue close to
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