India allows onion export to Sri Lanka and gives additional quota to UAE
NEW DELHI : India has allowed limited shipments of onions to the United Arab Emirates (UAE) and Sri Lanka, after banning its export in response to rising prices. The Ministry of Commerce and Industry,
GAIL plans capacity expansion, and new LNG Terminals amid surging imports
NEW DELHI : GAIL, India’s largest gas distributor, aims to more than double the capacity of its LNG terminal in Dabhol, Maharashtra, and construct new terminals across the country to seize upcoming opportunities in
COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been
Methanol Institute and SEA-LNG unite against EU trade barriers to biomethane and biomethanol fuels
BRUSSELS : The Methanol Institute (MI) and SEA-LNG, key representatives of the methanol and liquefied natural gas (LNG) industries respectively, express their deep concerns following the recent announcement by the European Commission impacting the
CONCOR throughput grown 11% to 12.44 lakh TEUs in Q4 FY24
NEW DELHI : Container Corporation of India (CONCOR) reported 11.24% increase in total throughput to 12,44,798 twenty-foot equivalent units (TEUs) in Q4 FY24 as compared with 11,19,034 TEUs recorded in Q4 FY23. Domestic (DOM)
India’s overall exports (merchandise + services) estimated to surpass last year’s highest record, hit 12-month high of $41.68 billion in March
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports
Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at $18.96 billion in March 2023 and
India signs deals with Brazil, Argentina for pulses import
NEW DELHI : India is diversifying its import of pulses to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of negotiations, two officials aware of the