FIT Alliance calls for collaboration between shippers, freight forwarders and banks to promote adoption of electronic Bill of Lading
Future International Trade (FIT) Alliance promotes adoption of the electronic Bill of Lading (eBL) to facilitate the digital transformation of the global supply chain – highlighting stakeholder collaboration as key to widespread adoption. Importance of the eBL The eBL is central to
Shipping industry likely to get ₹25,000-crore boost
NEW DELHI : The domestic shipbuilding industry may receive a boost in the forthcoming Union budget, with the central government chalking out a plan for financial support. According to two persons aware of the
China-proposed BRI : A game-changer for the Global Economy
BEIJING : Launched in 2013, the China-proposed Belt and Road Initiative (BRI), which started as a bold vision to revitalize ancient trade routes, has evolved into a massive framework for international cooperation, bolstering local
Adani Ports records 36 MMT cargo volume in November, says growth driven by containers
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) on Monday announced that it handled 36 MMT of cargo during November 2024. The growth in cargo, it added, was primarily driven by containers, which
Ashwini Vaishnaw visits Austrian company’s largest manufacturing plant in the world in Gujarat
NEW DELHI : Union Railway Minister Shri Ashwini Vaishnaw on Saturday visited Plasser India Ltd’s machine manufacturing plant near Vadodara, underscoring its significance in manufacturing domestic as well as export-oriented machines and providing skill
How UPI is revolutionizing Digital Payments in India
NEW DELHI : In October 2024, Unified Payments Interface (UPI) achieved a historic milestone by processing 16.58 billion financial transactions in a single month, underscoring its pivotal role in India’s digital transformation. Launched in
IFSCA to ease regulations, cut costs for funds operating in GIFT City : Chairman Rajaraman
GANDHINAGAR : GIFT City regulator IFSCA will introduce regulatory changes by the end of this month to help funds operating in the international financial services centre (IFSC) lower their operational costs while serving the
Trump’s threat of 100% tariffs unrealistic : GTRI
NEW DELHI : The warning of Donald Trump to BRICS countries to impose 100 per cent customs duties if the BRICS group would replace US dollar is unrealistic, and India should focus on developing