March 5, 2026
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India to become third largest economy with GDP of $5 trillion in three years : Finance Ministry

January 30, 2024 Trade, Economy, Trending News
NEW DELHI : India is anticipated to become the third-largest economy in the world with a GDP of $5 trillion in the next three years, the Finance Ministry said on Monday. The ministry added

Nirmala Sitharaman says every partner should collaborate for India to become 3rd largest Economy by FY28

January 29, 2024 Customs, Economy, Global Trade, Trade, Trending News
NEW DELHI : Union Finance Minister Smt Nirmala Sitharaman stated on Saturday that Customs Department initiatives, including Faceless Assessment and Single Window Clearance, must evolve with the overarching goal of boosting trade growth. She

Budget 2024 : FM to announce a Maritime Development Fund or not, to ease financing woes of fleet owners?

January 29, 2024 Trade, Economy, Maritime, Trending News
NEW DELHI : The government’s policy managers are working on the contours of a Maritime Development Fund or MDF that seeks to extend low-cost, long-term capital to the sector, backing India’s ambitions to become

PHDCCI urges to focus on ‘EoDB’ in Union Budget 2024-25

January 29, 2024 Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : The PHD Chamber of Commerce and Industry has presented a set of recommendations for the Union Budget 2024-25, with a major emphasis on enhancing the “Ease of Doing Business” in India.

US becomes world’s biggest economy in 2023, beats China

January 29, 2024 Trade, Economy, Trending News
WASHINGTON : The United States has overtaken China to become the world’s largest economy in 2023, with a 6.3 per cent rise in gross domestic product (GDP) compared to China’s 4.6 per cent gain.

Textile Ministry probably get a marginal rise of 2.5% in the Budget 2024

January 27, 2024 EXPORT, Economy, Trade, Trending News
NEW DELHI : The textile ministry is likely to see a marginal increase of 2.5% in its budget allocation for fiscal year 2024-25, two persons aware of the matter said. The ministry had received ₹4,389

Budget 2024 : Maritime sector seeks more allocation, green Ports to navigate growth

January 27, 2024 Maritime, Economy, Ports, Trade, Trending News
NEW DELHI : The government will present its Interim Budget for 2024-25 on February 1. Mulling the forthcoming elections scheduled between April and May 2024, it is expected that this Budget will remain intact

Chennai Port organizes India-Russia Workshop on Operationalisation of the Eastern Maritime Corridor

January 25, 2024 Maritime, Economy, Ports, Shipping, Trending News
CHENNAI : The India-Russia Workshop on Operationalisation of the Eastern Maritime Corridor, organized by the Chennai Port Authority at Taj Vivanta, Sholinganallur, Chennai on 24th January, witnessed active participation of Policy Makers, Regulators, industry leaders from

Indian Economy starts strong 2024 : HSBC’s flash survey

January 25, 2024 Trade, Economy, Trending News
NEW DELHI : India grew rapidly in January, with services activity climbing to a six-month high and manufacturing picking up pace, a new flash survey by HSBC Holdings showed. The purchasing managers index for

Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC

January 25, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In pursuance of the announcement on July 28, 2023 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to enable direct listing of Indian Companies at GIFT- IFSC exchanges
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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