Container freight rates out of India continue to soar amid Red Sea crisis
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part
CBIC celebrates International Customs Day-2024 with theme of ‘Customs engaging traditional and new partners with purpose’
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday celebrated the International Customs Day- 2024 here. This year, the World Customs Organisation (WCO) has dedicated the International Customs Day
Government will soon come up with new MSME policy: Sridhar Babu
TELENGANA : Minister for IT and Industries D. Sridhar Babu said the government would soon come up with a new MSME policy and will try to focus on integrating the growth of Social Entrepreneurship
Exports from SMP Kolkata facing several challenges due to surging freight rate, rice ban and also geopolitical turmoil
KOLKATA : Exports from SMP Kolkata (Kolkata Port), a Gateway to Eastern India, are facing several challenges including, geopolitical tension, a government-imposed rice export ban and skyrocketing ocean freight costs, which could lead to
Red Sea route accounts for 50% country’s exports, 30% of imports
NEW DELHI : The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30 per cent of imports last fiscal, will
Textile Ministry probably get a marginal rise of 2.5% in the Budget 2024
NEW DELHI : The textile ministry is likely to see a marginal increase of 2.5% in its budget allocation for fiscal year 2024-25, two persons aware of the matter said. The ministry had received ₹4,389
Interim Budget 2024: Exporters seek higher allocation for MAI scheme
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to promote Indian exports and help them