Container shipping rates going to rise high again
ATHENS : Container shipping rates are on the rise once more. In its latest weekly report, shipbroker Xclusiv said that “container shipping rates are soaring, nearing record highs
India is planning connectivity trial runs with Middle East Ports to drive forward IMEC
NEW DELHI : India is exploring connectivity trial runs with Middle East; and the first phase would involve linking one port on the country’s west coast with its
UAE looking to expand scope of trade under CEPA with India
SINGAPORE : The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further
India’s trade deficit improved in 2023-24, but it needs to watch its FTAs to fix persistent imbala
India’s overall exports reached USD 778.2 billion in 2023-24, compared to USD 776.4 billion in 2022-23. While the country’s merchandise exports dipped by 3 percent to USD 437.06
India’s Economy seen growing at slower pace in Jan-March quarter
NEW DELHI : India’s Economy is expected to have grown at a slower pace in the January-March quarter than the previous three months, dampened by a moderation in manufacturing and
China to impose new export controls on aviation and aerospace equipment
BEIJING : China will impose restrictions on aviation, aerospace-related equipment and technology beginning July 1, the Commerce Ministry said on Thursday. The move is said to be taken
Shipment delays double as ships clog up Singapore’s ports
SINGAPORE : The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets
FIEO President calls for increased export development funds for MSMEs
NEW DELHI : Ashwini Kumar, President, the Federation of Indian Export Organisations (FIEO), has expressed concerns over the grossly inadequate budgets allocated for market development schemes aimed at
Exports of marine products drop 9 pc to USD 7.37 billion in 2023-24
NEW DELHI : Exports of marine products contracted by 8.74 per cent to USD 7.37 billion during 2023-24 due to demand slowdown in key markets of the US
FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if