India’s merchandise trade deficit rises to a four-month high of $19.1 billion in April
NEW DELHI : India’s merchandise trade deficit expanded to $19.1 billion in April, Commerce Secretary Sunil Barthwal said on Wednesday. India’s trade deficit had narrowed to $15.6 billion in March, representing a 11-month low. India’s
AJAX Engineering becomes first Indian concreting equipment manufacturer to export Slip-form Paver
BENGALURU : AJAX Engineering, India’s premier concreting equipment manufacturer, becomes the country’s first manufacturer to export Slip-form Pavers, a specialised heavy concrete equipment utilised primarily in large scale infrastructure projects for the efficient and
Global soya bean exports expected to grow 8% until 2025 : BIMCO
LONDON : “Global soya bean exports are forecast to grow by 8% between 2023 and 2025 based on data from the United States Department of Agriculture (USDA). Stronger import demand from China will be
S Jaishankar reacts to US warning of “potential risk of sanctions” over Chabahar Port Deal
KOLKATA : A day after the US warned of “potential risk of sanctions” after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister Shri S Jaishankar emphasised that
Govt to handhold exporters for defending RoDTEP benefits
NEW DELHI : The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties and Taxes on Exported Products
Supply chain disruptions and rising demand boost container freight rates globally
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of shipping rates from major Chinese ports,
India saved $25 billion by importing Russian crude oil : Ministry data
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31 compared to 2022-23, although it imported
Assessing infrastructure requires for $1 tn exports by Aug-Sep
NEW DELHI : A study to assess required infrastructure and identify main industry clusters for achieving the $ 1 trillion merchandise exports target by 2030 may be submitted by August-September to the commerce ministry,