May 7, 2026
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India’s logistics cost lower than Govt estimate

December 30, 2023 Logistics, Economy, Trade, Trending News
NEW DELHI : On various occasions in recent years, Prime Minister Shri Narendra Modi and Union Road Transport and Highways Minister Shri Nitin Gadkari pegged India’s logistics to be around 13 to 14 percent of its

India could settle Oman and UK FTAs in early 2024

December 29, 2023 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : India negotiated hard to secure crucial bilateral deals with key trading partners, throughout 2023. Experts believe the country could secure Foreign Trade Agreements (FTAs) with the UK and Oman in the

Tesla is finalizing negotiations for its first manufacturing plant in Gujarat, announcement expected at the VGGS 2024

December 29, 2023 Trade, Associationn, Economy, Global Trade, Transport, Trending News
GANDHINAGAR : Tesla is all set to enter India with its manufacturing plant in Gujarat next year. The negotiation for the establishment of the first manufacturing unit of the EV maker in India has

India to become largest economic superpower by end of century : CEBR

December 29, 2023 Trade, Economy, Trending News
NEW DELHI : India will emerge as the largest economic superpower by the end of the century, with gross domestic product (GDP) 90 per cent larger than China’s and 30 per cent larger than

Mines ministry identifies offshore blocks in economic zone for exploration

December 29, 2023 Trade, Economy, Global Trade, Trending News
NEW DELHI : The mines ministry on Thursday said it has identified some offshore blocks for granting operational rights and has sought inputs from the departments concerned to ensure there is no overlapping with

Cabinet approves construction of New 4.56 km long, 6-Lane Bridge across River Ganga connecting Digha and Sonepur in Bihar

December 28, 2023 Maritime, Economy, Shipping, Trending News
NEW DELHI : The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi, gave its approval for the Construction of New 4556 m long, 6-Lane High Level/ Extra Dosed Cable

India’s first rupee payment for UAE oil set to spur two-way trade boom

December 28, 2023 Trade, Economy, Global Trade, Trending News
NEW DELHI : India, the UAE’s second-largest trading partner, has made its first-ever payment in Rupees for crude oil purchased from the Emirates, signalling what could be a paradigm shift in dollar-denominated global trade

India’s logistics cost is not 13-14 percent of GDP : NCAER

December 28, 2023 Logistics, COMMERCE, Economy, Trade, Trending News
NEW DELHI : At no point in time, in recent memory, India’s logistics cost is a steep 13-14 percent of the gross domestic product or GDP as top government functionaries, including Prime Minister Shri Narendra

SBI-led consortium to finance Auro Infra’s ₹3,000-crore Gateway Port in Kakinada SEZ

December 28, 2023 Ports, Economy, Global Trade, Trade, Trending News
KAKINADA : A consortium of banks led by the State Bank of India is set to provide a loan of ₹3,000 crore to the Kakinada Gateway Port Private Limited (KGPPL) for building a gateway port

GIFT City property prices to see revision in January

December 28, 2023 Trade, Business, Economy, Trending News
GANDHINAGAR : The state government’s wine and dine policy for GIFT City has resulted in increased inquiries for commercial and residential properties over the past four days. Developers say that prices will see an uptick with
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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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