Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure
MUMBAI : Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings. MSC, Hapag-Lloyd and CMA CGM
Gujarat Govt announces New Purchase Policy with incentives for MSMEs, women-run businesses
AHMEDABAD : The Gujarat Government on Saturday announced its purchase policy 2024 with special incentives for MSMEs and women entrepreneurs in the government procurement of goods and services. The Gujarat Purchase Policy 2024, announced
India is third-biggest smartphone exporter to US with $3.53 bn exports and 254.3 % growth in Apr-Dec this year
NEW DELHI : India has quadrupled its share among smartphone exporters to the US, while the shares of China and Vietnam, the top two exporters of these items to the World’s Largest Economy, declined.
Pakistan’s Salt industry struggles amid shipping crisis
KARACHI : Salt Manufacturers Association of Pakistan (SMAP) leaders have urged the government to lift the ban on trade with India and reduce taxes on imported salt materials, including packaging and others, to revitalise
Piyush Goyal launches various initiatives for protection of consumer rights on ‘World Consumer Rights Day’ 2024
MUMBAI : On the Occasion of World Consumer Rights Day, 2024, the Union Minister of Consumer Affairs, Food & Public Distribution, Textiles and Commerce & Industry Shri Piyush Goyal ceremonially inaugurated a number of
India’s February trade deficit widens to $18.71 billion, exports at 11-month high
NEW DELHI : India’s Merchandise Trade deficit widened to $18.71 billion in February from $17.49 billion in January, the commerce ministry said on March 15. The trade deficit stood at $16.57 billion in February 2023.
India set to become exporter of forged wheels used in railways : Ashwini Vaishnaw
CHENNAI : Sixty to seventy years after being an importer of forged wheels used in the railways, India is all set to become an exporter of the train component, Union Minister of Railways Shri
UP Govt aims to develop MSME export hubs to compete in global markets
NEW DELHI : The state government will develop local export hubs and nudge the E-commerce sector to double micro, small and medium enterprises (MSME) shipments to Rs 3 trillion in two-three years, according to