Brazil invokes ‘Reciprocity Law’ as Trump imposes 50% tariff; President Lula says ‘will not accept tutelage’
Brazilian President Luiz Inacio Lula da Silva on Wednesday vowed to address the import tariffs imposed by Donald Trump with reciprocity under the the country’s economic reciprocity law. President Lula’s public statement on X
US Tariffs on Sri Lanka and Philippines may shift trade advantage to India
NEW DELHI : India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States as both countries are facing high import duties under
DRI foils major smuggling bid, seizes ₹35 crore worth of Chinese firecrackers in “Operation Fire Trail”
NEW DELHI : In a major crackdown on smuggling of Chinese firecrackers and fireworks into India, the Directorate of Revenue Intelligence (DRI), in an operation codenamed “Operation Fire Trail”, successfully traced, intercepted, and seized
Seafarers from cargo ship Eternity C, attacked by Houthis rescued after 48 hours in water
SANNA : Four seafarers have been rescued after spending more than 48 hours in the waters of the Red Sea, as the search continued for the remaining crew of the Greek ship Eternity C,
Singapore Tops 2025 Xinhua-Baltic International Shipping Centre Development Index, Marking 12-Year Streak
LONDON : Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2025 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 12th year, ranks
India must boost exports to be world’s third-largest economic power : Shantanu Thakur
NEW DELHI : “India will have to increase its exports to become the world’s third-largest economic power, and the shipping and waterways sector will play a vital role in enhancing exports “, Shri Shantanu
“We need to strengthen shipping ecosystem to reduce vulnerability in times of global crises” : Rajesh Agrawal
NEW DELHI : “India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country’s trade” , Special Secretary in the Department of Commerce Shri Rajesh Agrawal
India revises WTO retaliatory duty proposal amid fresh US tariff hike on Steel and Aluminium
NEW DELHI : India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on steel and aluminium in view of the further