March 3, 2026
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India Exim Bank forecasts about Merchandise Exports Growth upto 3% in Q4 despite Red Sea crisis

February 9, 2024 Export - Import, Trade, Trending News
NEW DELHI : The Export-Import Bank of India (India Exim Bank) has forecast a 3% growth in India’s merchandise exports in the final quarter of FY24 despite the ongoing disturbances in the Red Sea. The

India hopes to conclude the India-Peru FTA by next week

February 9, 2024 Trade, COMMERCE, EXPORT, Trending News
NEW DELHI : India will resume trade talks with Peru next week after a long gap hoping that a Free Trade Agreement will conclude in the next few rounds of discussions. The trade talks generate more

Govt directs ECGC to maintain moratorium on insurance rates for exporters

February 9, 2024 EXPORT, COMMERCE, Trending News
NEW DELHI : The government on Wednesday said it has directed the Export Credit Guarantee Corporation (ECGC) to maintain a moratorium on insurance rates for Indian exporters in the wake of the Red Sea

India may start LNG supplies to Sri Lanka by 2025-end

February 9, 2024 LNG, Maritime, Trending News
NEW DELHI : India is likely to start supplying liquefied natural gas (LNG) to Sri Lanka by the end of next year and will eventually establish an offshore regasification terminal at the Colombo Port.

Shipping Number of the Week : Container market grows a modest 0.2% y/y in 2023 as the fleet swells

February 9, 2024 Container, EXPORT, International Shipping, Trending News
LONDON : “In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container market growth has lagged behind overall

IIFF opens Eastern Region chapter, trains G Category examination candidates for 2024

February 7, 2024 Customs, Associationn, Education, Export - Import, Logistics, Trade, Trending News
MUMBAI : Indian Institute of Freight Forwarders (IIFF), which is a training arm of the Federation of Freight Forwarders Association of India (FFFAI), opened its Eastern Region Chapter on February 3, 2024, by launching

CII appeals Telangana Govt to set up logistics parks as Export & Trade Hubs

February 7, 2024 EXPORT, Logistics, Trade, Trending News
NEW DELHI : The Confederation of Indian Industry (CII) has appealed to the Telangana Government to consider setting 4-5 comprehensive logistics parks in trade and export hubs in different parts of the State. As

China extends Anti-Dumping Duties on Indian chemical, a ‘legitimate response’

February 7, 2024 Export - Import, COMMERCE, Economy, Trending News
BEIJING : China’s Ministry of Commerce (MOFCOM) said that it will retain Anti-Dumping Duties on imports of o-chloro-p-nitroaniline originating in India, a move that experts said is a legitimate response to concerns raised by

With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure

Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official

February 5, 2024 Export - Import, International Shipping, Logistics, Trade, Trending News
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are
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