June 25, 2026
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Red Sea attacks compel at least 65% of Indian exports shipments to Europe to take longer routes

January 12, 2024 EXPORT, International Shipping, Trending News
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip of Africa as cargo ships in

Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity

January 12, 2024 Export - Import, Global Trade, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are changing daily. The transit times will

PM GatiShakti is India’s revolutionary offering to the world and future planning tool for infrastructure globally : Piyush Goyal

January 11, 2024 EXPORT, Associationn, COMMERCE, Economy, Global Trade, Infrastructure, Trade, Trending News
GANDHINAGAR : Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal hailed PM GatiShakti as India’s revolutionary offering to the world, tracing its inception back to

Bharat Tex 2024 will contribute significantly to the growth of Textile Sector in India : Piyush Goyal

January 11, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Union Minister for Textiles, Consumer Affairs, Food and Public Distribution and Commerce and Industry, Shri Piyush Goyal took review meeting of the steering committee in view of the upcoming mega

Commerce Ministry sets up task force to resolve trade issues for exporters

January 11, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Commerce Ministry has set up a task force to identify and resolve trade barriers being faced by exporters in other countries, a move which would help provide greater market access

Processed food exports up 150% in 9 years : Piyush Goyal

January 10, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Indian exports of processed food grew 150% in the last nine years, said Shri Piyush Goyal, Minister for Commerce & Industry, Consumer affairs, Food & Public Distribution and Textiles, adding that the country’s agricultural

SMP Kolkata in talks with Bangladesh Government for dry bulk cargo export

January 10, 2024 EXPORT, Ports, Shipping, Trending News
KOLKATA : To ensure there is no pilferage during transhipment operations of dry bulk cargo during export, officials of the Syama Prasad Mookerjee Port Trust, Kolkata, are learnt to have recently got in touch

Switzerland’s decision to eliminate import duties limits FTA utility for India’

January 10, 2024 Import, Economy, Global Trade, Trade, Trending News
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

January 10, 2024 Export - Import, Associationn, Logistics, Shipping, Shipping Line, Trade, Trending News
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

January 9, 2024 EXPORT, Business, Economy, Maritime, Trade, Trending News
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
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