June 25, 2026
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FMC granting ‘special permission authority’ for Red Sea diversion freight hikes

January 6, 2024 Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
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

January 5, 2024 Import, Associationn, COMMERCE, Trade, Trending News
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.

India’s exports to grow 12% by 2030, Barclays expects ‘Realistically’ as PLI Schemes achieve “Mixed Success”

January 5, 2024 EXPORT, Economy, Trade, Trending News
NEW DELHI : Barclays stated recently, that it would be more realistic to expect India’s exports to increase by approximately 12 per cent by 2030. This would equate to a global export share of

Indonesia requests 900,000 tonnes of onions from India amid export ban

January 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : Indonesia has requested 900,000 tonnes of onions from India amidst an export ban, emphasising the significance of Indonesia as India’s largest trade partner in ASEAN. This plea comes in response to

Red Sea crisis pushes container shipping spot rates to highest level in over a year

January 5, 2024 Export - Import, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
LONDON : Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed Houthi militants based in Yemen, carriers

India to become $4 trillion economy before 2024 elections: Piyush Goyal

January 4, 2024 EXPORT, Business, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : India will become a $4 trillion economy before the upcoming general elections, Commerce & Industry Minister Shri Piyush Goyal said on January 3. “…And in 2-2.5 years, the country will become

Indian exporters brace for more price hikes as normalcy evades Red Sea

January 4, 2024 EXPORT, Business, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez Canal, opting for the longer route

Red Sea conflict sees Air cargo demand rise

January 4, 2024 Air cargo, Export - Import, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics company said that the “volatile” situation,

From UK to Peru, every nation wants to sign FTA with India to gain access to growing market, says GTRI report

January 4, 2024 Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s rapidly growing market and economy have made it a lucrative option for developed as well as developing countries for free-trade agreements (FTAs), and countries such as Oman, Peru, Europe, and

Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil Secretary

January 4, 2024 Export - Import, LNG, Maritime, Trending News
NEW DELHI : India’s top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India’s Oil Secretary
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