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“No or nil tariff deal was offered by India on a reciprocal basis” says Donald Trump

DOHA : US President Donald Trump on Thursday claimed that India had offered the US a nearly no-tariff deal on a reciprocal basis. "They have...

Cargo bookings from China to US surges 300% following tariff pause

NEW DELHI : The demand in the US for container shipping from China has surged nearly 300 per cent, after a halt in retaliatory...

Piyush Goyal reviews Invest India operations to boost investment, MSMEs, and manufacturing

NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal held a comprehensive review meeting and assessed the performance of union government's Invest...

India’s Major Ports achieve historic milestones by cargo handling of 855 million tonnes in FY 2024-25 with an annual growth of 4.3%

NEW DELHI : India’s Major Ports have consistently demonstrated remarkable progress over the past decade, with FY 2024-25 emerging as a milestone year in...

Pakistan ports face export backlog as India’s transit ban forces shipping lines to reroute

ISLAMABAD : Pakistan is facing a “big backlog” of export containers at its ports after international shipping lines began bypassing the country, following India’s...

Tariff gap that once favoured India is shrinking fast after latest US-China deal: GTRI

NEW DELHI : The recent US-China trade deal has significantly reduced the tariff gap between India and China, potentially impacting India's competitive edge in...

SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support

LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid...

EICI Releases White Paper to Guide Seamless Integration of ECCS into India’s New Customs Integrated System

DELHI / MUMBAI : The Express Industry Council of India (EICI), the apex industry association representing leading international and domestic express companies in India, has...

Shippers unlikely to return quickly to Red Sea after ceasefire

NEW YORK : Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if...

India-Pakistan conflict disrupts regional trade and shipping operations

MUMBAI : Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi...
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