Container freight rate slide on larger Indian trades slows amid contract negotiations
MUMBAI : The slide in container freight rates on some of the trades routes out of India seems to have slowed, according to the latest market analysis. On the westbound India-Europe trade, average contract
India to import 140 tonnes of gold from UAE at lower duty
NEW DELHI : The government has opened a fresh window to import 140 tonnes of gold from the United Arab Emirates at a concessional rate agreed under the India-UAE Comprehensive Economic Partnership Agreement for
India chooses to make electronics as its next big export segment
NEW DELHI : Electronics export from India has become the 6th largest export commodity segment surpassing the readymade garment basket, according to a governemnt estimate for selected major commodities. For centuries, Indian textiles used to go
India, EFTA nations discuss prospects of resuming FTA negotiations
NEW DELHI : India and the European Free Trade Association (EFTA), comprising four nations of Iceland, Switzerland, Norway, and Liechtenstein, on Wednesday discussed the prospects of resuming their negotiations towards a trade deal —
Indo-Korea bilateral trade grows 17% to record $27.8 billion in 2022
NEW DELHI : The bilateral trade between India and Korea grew by 17.3 per cent to USD 27.8 billion in 2022, according to Korea Trade-Investment Promotion Agency (KOTRA). In 2021, the value of bilateral
CEAT Tyres sees 25% revenues coming from exports
MUMBAI : CEAT Tyres sees a fourth of its revenue coming from exports and seeks to be India’s No.1 passenger car radial (PCR) tyre maker by 2026. As part of a plan to accelerate exports,
GAIL to get 4 LNG cargoes from Germany’s Sefe in May
NEW DELHI : GAIL (India) Ltd will get 4 cargoes of liquefied natural gas (LNG) from Germany’s Sefe in May, equivalent to volumes it was getting under a deal with a former unit of
World is looking at India-grasp this opportunity to grow exports : Piyush Goyal
MUMBAI : Union Minister of Commerce Shri Piyush Goyal on Sunday said the world is now looking up to India and its industries and this is the right time for entrepreneurs and industry players to grasp