New maritime route to increase trade competitiveness of Jordan, Egypt
CAIRO : The newly announced shipping route, dubbed the Arab Line for Maritime Transport, that links Egypt, Jordan, and Iraq, and launched recently by the Arab Bridge Maritime Company, continued to operate and facilitate
Red Sea Crisis: Costs have gone up, crisis may deepen, says official
NEW DELHI : Disruptions along the Red Sea trade route have begun pushing up shipping and insurance costs as shippers have begun taking longer routes fearing further attacks, a senior government official said Friday.
‘Bharat Park’ to be set up in UAE : Piyush Goyal
NEW DELHI : A goods show room and warehouses for Indian goods will be set up in United Arab Emirates (UAE), Commerce and Textiles Minister, Shri Piyush Goyal said Thursday. The planned ‘Bharat Park’ will facilitate
Piyush Goyal inaugurates the India International Jewellery Trade Show
MUMBAI : Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles Shri Piyush Goyal inaugurated the India International Jewellery Trade Show — IIJS Signature Gem & Jewellery Trade Show
Gujarat emerges as the Growth Engine of India with 33% Export share
AHMEDABAD : Gujarat Industries Minister Shri Balvantsinh Rajput has said that Gujarat boasts a remarkable 33% share in exports and contributes 18% to the total production of the country by holding top position in
India mulls subsidies for exporters facing higher shipping costs
NEW DELHI : Given the recent spate of attacks on cargo ships in the Red Sea, India is mulling a variety of measures, including subsidisations for Indian exporters to offset higher shipping costs and
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with
Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘invade’ markets
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised imported items are ‘invading’ Indian markets.