MUMBAI : A fire broke out aboard the Singapore-flagged container ship MV Interasia Tenacity near Mumbai’s coast on Thursday morning while it was en route to Nhava Sheva port. The fire, reported around 8:40
SEOUL : The Trump administration’s expansion of steel tariffs to include household appliances with steel components has raised significant concerns for South Korean electronics giants Samsung Electronics and LG Electronics, according to reports by
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a
NEW DELHI : Despite a bumper wheat harvest, India has formally notified the World Trade Organization (WTO) that it will not lift restrictions on wheat exports, citing food security concerns for its own population
NEW DELHI : Union Commerce and Industry Minister, Shri Piyush Goyal, concluded a successful two-day official visit to Switzerland from June 9–10, 2025, and commenced his official engagements in Sweden today. The Switzerland leg
BERN : Union Commerce and Industry Minister Shri Piyush Goyal said that the world trade is facing severe geo-political challenges, but India has consistently emerged as a winner in such times, and the country’s
NEW DELHI : The first meeting of the Task Force on Textiles Exports was held under the Chairmanship of Commerce Secretary, Shri Sunil Barthwal, at Vanijya Bhawan in Delhi on 10th June 2025 to discuss
NEW DELHI : As the India-US bilateral trade negotiations enter their final phase, discussions have hit a sensitive patch, with key sticking points emerging in sectors such as dairy, agriculture, digital, and medical services.
CHENNAI : The Chennai Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) set aside penalties imposed on a Custom House Agent employee, holding that procedural lapses such as failing to verify
NEW DELHI : Centre has reduced the Basic Customs Duty (BCD) on crude edible oils namely crude sunflower, soyabean, and palm oils has been reduced from 20% to 10% resulting in the import duty differential