WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff”
Global Economy under Pressure Could Slow to 2.3%, Signals UN Trade and Development (UNCTAD)
GENEVA : The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new report, “Trade and Development Foresights 2025 –
Cargo traffic on National Waterways hits record high of 145.5 million tonnes in FY 2024-25
NEW DELHI : The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo movement on National Waterways. For the fiscal year 2024-25, IWAI
Gujarat emerges as second-highest textile exporter in India, over the last five years
AHMEDABAD : Gujarat is making a significant resurgence in India’s textile export market. The state has been the nation’s second-largest exporter of textiles in the last five years. In 2023–2024, Tamil Nadu continued to
India hopeful of closing bilateral trade pact with the US at the earliest
NEW DELHI : India remains hopeful of closing negotiations of the proposed bilateral trade agreement with the US “as quickly as possible” and is stepping up efforts to close free trade agreements with other
India braces for higher freight costs and container shortages, with containers stuck in China
NEW DELHI : Freight costs have risen by double digits as exporters rush to lock down consignments amid uncertainties over reciprocal tariffs by the US. Shipping companies and Indian exporters are also bracing for a potential container
Indian Railways gears up to run trains at 160 km/h on Ahmedabad–Mumbai Route
NEW DELHI : Currently, the maximum speed of trains running on the Ahmedabad–Mumbai route is 130 km/h. However, this is set to change soon, as Indian Railways is advancing its infrastructure upgrade work to
Jewar’s Multi-Modal Cargo Hub to begin operations alongside Airport launch this year, set to handle 2.5 Lakh tonnes of freight
NEW DELHI : The Multi-Modal Cargo Hub (MMCH) at Jewar is poised to commence operations later this year in tandem with the launch of international flight services from Noida International Airport. Designed to handle