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US permanently ends tariff exemption for packages valued $800 or less

WASHINGTON : The United States is set to end tariff exemptions on small package deliveries valued at $800 or less, closing a loophole that...

Drewry’s Intra-Asia Container Index down 2%

LONDON: Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 2% in the fortnight to 31 Aug 25...

Prime Minister attends India-Japan Economic Forum

TOKYO: Prime Minister Shri Narendra Modi and Prime Minister of Japan, H.E. Mr. Shigeru Ishiba attended the India-Japan Economic Forum, organized by the Confederation...

India and Africa to work to double bilateral trade by 2030: Piyush Goyal

NEW DELHI: India and Africa must work to double bilateral trade by 2030, focusing on value addition, technology-driven agriculture, renewable energy, and healthcare. This...

“We need to secure our supply chains and build for export markets”: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry, Shri Piyush Goyal Friday addressed the 17th CII Global MedTech Summit, where he urged the industry...

India can use US squeeze to demand more from China

LONDON: U.S. President Donald Trump’s quest to reorder global trade is having unlikely effects. Indian Prime Minister Narendra Modi will visit the northern Chinese...

Drewry’s World Container Index decreased 6% this week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 6% to $2,119...

PM Modi departs for Japan and China visit amid Trump Tariff tension

NEW DELHI: Prime Minister Shri Narendra Modi departed from New Delhi on Thursday for a two-day official visit to Japan, scheduled from August 29...

Adani Vizhinjam Port achieves big feat in 9 months of commercial operations

THIRUVANANTHAPURAM : In under nine months since commencing commercial operations, Adani Group's Vizhinjam International Seaport has achieved a significant milestone of handling over 1...

CONCOR enhances EXIM Trade efficiency with seamless Double-Stack Rail Connectivity via Varnama

VADODARA: In a significant boost to India’s multimodal logistics network, the Container Corporation of India (CONCOR) has introduced regular double-stack container train services via...

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