Switzerland’s decision to eliminate import duties limits FTA utility for India’
NEW DELHI : Switzerland’s policy to allow tariff-free entry for all industrial goods from all countries significantly limits India’s prospects of gains from India and the European Free Trade Association (EFTA) Free Trade Agreement
Red Sea Crisis: Shipping rates from Mundra to US, Europe skyrocket
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a substantial increase in freight rates on
India’s exports may take a $30 billion hit on Red Sea threats
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge in container shipping rates and prompt exporters to
India-US shippers hit by three rounds of hefty rate hikes in January
MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters. MSC has
CAIT call upon exporters to refrain from doing business with Maldives
NEW DELHI : CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said that the offensive comments targeting Prime Minister Modi have been deemed unacceptable by the business community, and this call
Piyush Goyal remains optimistic about $2 trillion export target
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal on Saturday expressed optimism that the country will meet its ambitious USD 2 trillion export target by 2030, notwithstanding geopolitical headwinds and inflationary
Govt will bring quality norms for 2,500 items soon: Piyush Goyal
NEW DELHI : Union Commerce, Food and Consumer Affairs Minister Shri Piyush Goyal has said on Saturday that the Centre will soon bring Quality Control Orders (QCO) for about 2,500 items. Addressing a meting
Commercial ships to reach Vizhinjam International Seaport in May : Ports Minister V N Vasavan
THIRUVANANTHPURAM : Ports Minister Shri V N Vasavan, who visited Vizhinjam International Seaport after assuming charge, has said commercial ships would start arriving at the port in May and construction works are progressing rapidly. Although the deadline is December, the Adani Group is