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Gold, Silver imports to turn costlier: Govt doubles Duty to 10% after PM Modi’s Forex Warning

May 13, 2026 Import, COMMERCE, Customs, Finance, Trade, Trending News
NEW DELHI: The Centre has doubled the import duty levied on gold, silver and platinum to 10%, with effect from the midnight of May 13, according to an official notification issued by Ministry of

Pharmaceutical exporters to benefit from Maersk’s first dedicated reefer rail service from Hyderabad to Mumbai

May 12, 2026 EXPORT, ICD, Logistics, MSME, Rail Freight, Railway, Shipping Line, Trade, Trending News
HYDERABAD/MUMBAI: Maersk recently flagged off a dedicated weekly reefer rail service connecting Hyderabad’s pharmaceutical manufacturing cluster to Nhava Sheva port. Designed in close partnership with CONCOR (Container Corporation of India), the solution addresses a

Govt. unlikely to raise import duties on Gold and Silver: Sources

May 12, 2026 Trade, Business, Export - Import, Finance, Global Trade, Tax, Trending News
NEW DELHI : The Government of India currently has no proposal to increase import duties on gold and silver, according to official sources, providing clarity amid recent market speculation surrounding precious metal imports and

‘Ceasefire on life support’: Trump calls Iran’s latest proposal ‘piece of garbage’

May 12, 2026 Export - Import, Business, COMMERCE, Global Trade, Shipping, Trade, Trending News
WASHINGTON D.C.: US President Donald Trump on Monday (local time) discarded Iran’s peace proposal plan, and said that the ceasefire stands on “life support”. He made the remarks from the Oval Office while interacting

Disrupted Middle East-India shipments restart as choked supply chains ease

May 11, 2026 EXPORT, Export - Import, Global Trade, Logistics, Supply Chain, Trade, Trending News
FUJAIRAH : Terminals at alternative ports of call in the Persian Gulf have reopened gates to outbound freight flows, albeit gradually, according to market sources. The ports — Port of Khor Fakkan and Port

APEDA facilitates first-ever export of 20 Metric Tons of ODOP Honey from Assam’s aspirational district Baksa to USA

May 11, 2026 EXPORT, AIR LOGISTICS, Cold Chain Logistics, Logistics, Trending News
BAKSA : In a major boost to the diversification of India’s agricultural exports and furthering the One District One Product (ODOP) initiative, the first-ever export consignment of ODOP Honey from Baksa, an Aspirational District

‘Expect conversation to continue’: Senior US officials on Trump, Xi discussion on Iran

May 11, 2026 Export - Import, Business, COMMERCE, Economy, Global Trade, International Shipping, Maritime, Trade, Trending News
WASINGTON D.C.: Senior US officials said on Sunday that the discussions between US and China are set to continue on the topic of Iran as the two countries gear up for the much-anticipated meeting

Iran warns of “decisive” response over deployment of French, British warships in Strait of Hormuz

May 11, 2026 Export - Import, International Shipping, Maritime, Maritime safety, Maritime Security, Shipping, Shipping Line, Trade, Trending News
TEHRAN: Iran has voiced strong opposition to the deployment of a French aircraft carrier intended for a potential mission aimed at restoring “confidence among shipowners” within the volatile Strait of Hormuz. The diplomatic friction

Qatar dispatches first LNG shipment via Strait of Hormuz since start of conflict

May 11, 2026 LNG, Maritime, Maritime Security, Trade
A liquefied natural gas (LNG) tanker from Qatar has successfully transited the Strait of Hormuz, marking the first time the nation has exported the fuel from the region since the outbreak of the Iran

ICD Modinagar flags off two export block trains carrying starch and kraft paper

May 9, 2026 EXPORT, Foreign Ports, Rail Freight, Railway, Transport, Trending News
MODINAGAR : In a significant boost to India’s manufacturing and export logistics ecosystem, two export block trains carrying consignments of starch and kraft paper were successfully flagged off from ICD Modinagar, reinforcing the growing
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