Red Sea crisis : Indian exporters save on higher shipping costs as importers start sharing burden
NEW DELHI : Even as the Red Sea crisis pushes up shipping expenses, Indian exporters are getting some relief from the higher cost burden by negotiating rates afresh with their buyers, a government official
CBI registers 3 corruption cases against 18 customs officials and 5 exporters for fraudulent duty drawback
MUMBAI : In a major crackdown on corruption, the Central Bureau of Investigation’s (CBI) Mumbai unit has booked 35 persons, including 24 customs officers, in three separate cases of alleged bribery, misconduct and cheating.
India-UAE Logistics partnership boosts following the implementation of CEPA
DUBAI : The partnership between India and the UAE in the logistics sector has received a substantial boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) on May 1, 2022. This groundbreaking
PM Modi lays foundation stone of 100,000sqm Bharat Mart in Dubai to boost exports
DUBAI : The foundation stone of Bharat Mart, which will combine retail, warehousing and logistics facilities at Jebel Ali Free Trade Zone in Dubai, was laid during a virtual ceremony by Prime Minister Shri
CNS links Customs processes across Ports and Airports to support future of UK trade
LONDON : Digital trade enabler CNS (Community Network Services), a DP World company, has enhanced its customs management system to integrate with CCS UK, the electronic system that connects the UK air cargo community.
Oil production and Chinese buying boost Brazil’s crude tanker exports 19%
LONDON : “The reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russia’s exports from Europe to Asia while OPEC production cuts in 2023 increased the Americas’ share of exports.
India, UAE sign bilateral investment pact during PM Modi’s visit
ABU DHABI : Prime Minister Shri Narendra Modi arrived here on 13th February, an official visit to the UAE. In a special and warm gesture, he was received at the airport by the President
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports
NEW DELHI : The government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals through which import of new vehicles is allowed, according to a notification. With the addition of two