India’s exports to EU & US grow but Asia and Africa suffer in FY23
NEW DELHI : India’s Merchandise Shipments to certain Asian and African regions contracted in FY23, thus weighing on overall growth in exports. There was growth in exports to the European Union and the US,
A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Bangladesh
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
Netherlands emerges as India’s 3rd largest export destination
NEW DELHI : The Netherlands has emerged as India’s third largest exports destination after the US and UAE during 2022-23, showed commerce ministry’s data on Sunday. This can be attributed to a surge in shipment of goods
The new foreign trade policy is a watershed moment for MSMEs
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such as the pandemic and geopolitical tensions
CBIC clarifies several queries related to Electronic Cash Ledger raised by EXIM trade / customs brokers
NEW DELHI : In a series of tweets, the Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance clarified several queries pertaining to Electronic Cash Ledger, raised by the EXIM
Shipping starts on the Chittagong-Dubai route
DHAKA : Shipping has recently started in the Chittagong-Dubai route even as part of its debut journey, a ship carrying 121 export containers from Bangladesh left Chittagong Port recently to Jebel Ali port in
Quality crackdown to hit Chinese goods imports
NEW DELHI : Imports of Chinese goods could dwindle, posing problems for Indian industry, amid a surge in quality control orders (QCO) by the Indian government and compounded by uncertainty over when Chinese officials
DP World’s Jebel Ali Free Zone looks to cut shipping cost between UAE & India
JEBEL ALI : Dubai-based Logistics firm DP World’s Jebel Ali Free Zone (Jafza) has said it aims to reduce time and cost of shipping goods between India and the UAE under its India-UAE Bridge