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China imposes export controls on Graphite, rattling EV supply chains amid Global tensions

October 26, 2023 EXPORT, Global Trade, Trade, Trending News
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

October 25, 2023 Trade, Business, COMMERCE, Export - Import, Global Trade, Trending News
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

October 25, 2023 Export - Import, International Shipping, Logistics, Ports, Railway, Trade, Transport, Trending News
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

October 23, 2023 Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
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 

October 23, 2023 DGFT, Business, COMMERCE, Import, Trade, Trending News
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

October 23, 2023 International Shipping, Export - Import, Global Trade, Logistics, Shipping Line, Trending News
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

October 21, 2023 Trade, Business, COMMERCE, Export - Import, Global Trade, Trending News
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

Tiger Logistics (India) partners with ICICI Bank to ease international trade

October 21, 2023 Export - Import, Company, Logistics, Trade, Trending News
NEW DELHI : Tiger Logistics (India) Ltd has partnered with ICICI Bank to help exporters and importers to track shipment, get information on freight rates and ease documentation process. Tiger Logistics (India) Ltd, in a statement,

India emerges as a strong contender in global supply-chain diversification: BofA

October 21, 2023 Trending News, Business, COMMERCE, Economy, EXPORT, Global Trade, Trade
NEW DELHI : India’s GVC output as percent of total output at 3.17 percent is already the 5th highest in the world, according to the report With the world looking to diversify its supply

DGFT; discontinuation of issuance of physical copy of Restricted Import Authorisation with effect from October 19, 2023

October 21, 2023 Import, Customs, DGFT, Trade, Trending News
NEW DELHI : The DGFT issued Trade Notice No. 31/2023-24 dated October 19, 2023 regarding the discontinuation of the Issuance of a Physical copy of Restricted Import Authorisation with effect from October 19, 2023. To further
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