A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group
India records Trade Deficit with 9 out of 10 Trade Partners in FY24
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies
India’s use of crude tankers to export diesel slows in May
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade
30% rise in two-wheeler exports in H1
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported
Cyclone Remal : Syama Prasad Mookerjee Port, Kolkata announced suspension of operations amid cyclone alert
KOLKATA : The Syama Prasad Mookerjee Port in Kolkata has suspended all cargo and container handling operations for 12 hours from Sunday evening in view of the forecast of a cyclonic storm, officials said.
SITC launches new weekly MIM service connecting Malaysia, India, and Myanmar
KOLKATA : SITC, a leading intra-Asia operator, has announced the commencement of a direct weekly service linking Port Klang (Malaysia) and Yangon (Myanmar) with the Haldia Dock Complex (HDC) of Syama Prasad Mookerjee Port,
Red Sea crisis: Government must come to the rescue of MSME exporters
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the preferred choice for most shipping companies.
Brazil, EU urge India for timely notifications on sugar subsidies at WTO
NEW DELHI : A group of WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said.