Russia builds new Asia trade routes to weaken sanctions over war
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East
Red Sea disruption pushing up container values and rates
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily for this sector after reaching a
Indian Govt issues fresh guidelines to protect ship movement in the Persian Gulf
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian
Israel and Iran tensions could impact India’s trade
NEW DELHI : Iran’s attack on Israel earlier this week has sparked tensions in the Middle East and beyond. India, which has friendly ties with both the countries, has expressed “serious concerns” about escalation of hostilities.
India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from China rose 3.29% to $101.75 billion
Indonesia’s volcano eruption triggers Tsunami alert, thousands told to evacuate
JAKARTA : A tsunami alert was issued in Indonesia on Wednesday after multiple eruptions of the Ruang mountain volcano sent ash and lava thousands of feet in the sky. The tsunami alert in multiple areas of
Overall exports surpassing FY23 figures of US$ 776.40 billion to US$ 776.68 billion despite persistent global challenges : President, FIEO
NEW DELHI : Responding to overall export figures for the FY 2023-24, which surpassed the last FY 2022-23 figures of US$ 776.40 bn to US$ 776.68 bn, goes to show not only the firm
FFFAI-IIM Mumbai online Shipping, Logistics and Supply Chain Management course application deadline extended till April 26
MUMBAI : The deadline to register for online Shipping, Logistics and Supply Chain Management course, which has been introduced jointly by the Federation of Freight Forwarders’ Associations in India (FFFAI) and IIM-Mumbai has been