Apparel and textile production witness steep declines following drop in export orders
NEW DELHI : India’s garment manufacturing industry has experienced a significant decline in recent months, with a staggering 22.6% drop between April and August 2023 compared to the same period last year. This decline
China imposes export controls on Graphite, rattling EV supply chains amid Global tensions
BEIJING: In a move that has sent shockwaves through the global market, China has announced stringent export controls on specific graphite products, effective from December 1, 2023. The Chinese government, citing “national security concerns,”
India and Saudi Arabia discuss ways to increase bilateral investments
RIYADH : Commerce and Industry Minister Shri Piyush Goyal on Tuesday met Saudi Arabia’s Minister of Investment Khalid A Al-Falih, and discussed ways to boost bilateral investments between the two countries in different sectors.
IMEEC work begins with 3.5 lakh Crore Railways plan to link 8 Ports on West Coast
NEW DELHI : A strategic project, the plan under the India Middle East Europe Economic Corridor (IMEEC) is to transport goods from Indian ports to Fujairah in the UAE by ship, and from there
US emerges as India’s biggest trading partner during Apr-Sep this fiscal
NEW DELHI : The US has emerged as India’s biggest trading partner during the first half of the current financial year despite global economic uncertainties and declining exports and imports, according to government data.
DGFT operationalises its online authorisation system for import of laptops, computers
NEW DELHI : The Directorate General of Foreign Trade has operationalised its fully-automated online authorisation system for imports of laptops, computers and tablets from Thursday as the transition from a free import regime to
It may be stormy 2024 as shipping lines plan freight increases : Xeneta
HAMBURG : Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024. Oslo-based Xeneta has carried out in-depth analysis of the latest
EU wants free trade deal with India for ‘real’ mkt access : Spain’s Minister
NEW DELHI : European Union member states want to close a free trade deal with India, but only if it grants real access to the Asian country’s markets, Spanish Deputy Trade Minister Xiana Mendez