Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as
Indian textile exports surge 9.59% in May 2024, overcoming global challenges
NEW DELHI : Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous
Ocean freight rates in rough waters on congestion, Red Sea crisis
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices
DPIIT organizes Workshop with Flipkart and Indian Toy Industry
NEW DELHI : In line with the objective of providing an impetus to the growing Indian toy sector, DPIIT organised a “Workshop with Flipkart and Indian Toy Industry” here, which played a pivotal role
Container spot rate growth set to rise further and ocean container shipping market will remain extremely challenging
OSLO : Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta. Xeneta data indicates average spot rates from the
Singapore Port container logjam worsens as ships avoid Red Sea
SINGAPORE : Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian
DGFT wants interest equalisation scheme for exporters to continue
NEW DELHI : In a move set to bring relief to exporters, the Directorate General of Foreign Trade (DGFT) has concluded that there is merit in continuing the interest equalisation scheme for the export
APEDA facilitates first Consignment of MD 2 Pineapples from India to UAE
NEW DELHI : In a significant stride for India’s fresh fruit export sector, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, facilitated the successful export