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Govt. doubles duty drawback rates on Gold & Silver jewellery exports, improving cash flow

NEW DELHI : In a significant boost for India’s gem and jewellery exporters, the Ministry of Finance has substantially increased duty drawback rates for...

APEDA facilitates first export of 24 Tonnes Frozen French Fries from Uttarakhand to Iraq

NEW DELHI : The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, has...

Colombo Port to get $40 million funding from World Bank’s IFC, HSBC

COLOMBO : World Bank Group member International Finance Corporation (IFC) and HSBC Bank will invest up to $40 million to modernise and decarbonise operations...

Middle East Conflict: Strait of Hormuz Transits back to 90% below “Normal”

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the...

“We control the Strait”, says Trump amid fresh wave of US strikes against Iran

FLORIDA: As hostilities continue to rise in West Asia, the United States Central Command said on Sunday (local time) that it carried out a...

Maersk to announce 2 major tariff changes from August 1

COPENHAGEN : Shipping giant Maersk will increase its tariffs on India-Europe container cargo flow from August 1 this year, which is expected to hit...

Piyush Goyal addresses India–Estonia Business Forum in Tallinn

TALLINN : Union Minister of Commerce and Industry, Shri Piyush Goyal, addressed the India–Estonia Business Forum in Tallinn during his official visit to Estonia,...

Piyush Goyal concludes successful visit to Spain, Belgium, Finland and Estonia

ESTONIA : Union Minister of Commerce and Industry Shri Piyush Goyal concluded a five-day visit to Spain, Belgium, Finland and Estonia from 13–18 July...

Odisha collaborates with IFC to develop Rs 20,000 crore infrastructure pipeline

BHUBANESWAR : In a move to transform its public-private partnership (PPP) ecosystem, Odisha entered into a strategic collaboration with the International Finance Corporation (IFC)...

Tariffs reshaped US imports without meaningfully lowering export prices: IMF Report

WASHINGTON D.C. : US high tariffs didn't help the foreign exporters to reduce their prices and instead prompted American importers to switch to cheaper,...
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