February 16, 2026
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Israeli-Turkish trade on life support as relations hit bottom

May 29, 2024 Trending News, Business, Economy, Global Trade
JERUSALEM : Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a year, but Israelis fear it may not survive the latest rift over

India records Trade Deficit with 9 out of 10 Trade Partners in FY24

May 28, 2024 Export - Import, Business, Economy, Global Trade, Trade, Trending News
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies

CBC Chairman said India’s development path will not be the same as China’s

May 27, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : Chairman of the Capacity Building Commission Adil Zainulbhai has said that, as India moves towards the mission of ‘Viksit Bharat’ and becoming a developed country by 2047, the development path for

The First meeting under India-UAE CMAA took place between CBIC and UAE Customs

May 27, 2024 Customs, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : The First meeting under India-UAE CMAA took place between CBIC and UAE Customs on 23rd May 2024. Both sides, led by Chairman CBIC, Sh Sanjay Kumar Agrawal and H.E. Ahmad Abdullah

Brazil, EU urge India for timely notifications on sugar subsidies at WTO

May 27, 2024 Trade, Business, Economy, EXPORT, Global Trade, Trending News
NEW DELHI : A group of WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said.

India looking for FTA & SAFTA : Maldives Minister

May 27, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
MALE : According to Maldives, India has initiated efforts to create a Free Trade Agreement (FTA) between the two countries and deliberations are ongoing for achieving it.  “They (India) want there to be a

RVNL tastes success with Maldives port project, eyes global footprint

May 25, 2024 Railway, Global Trade, Trending News
NEW DELHI : In 2022, Rail Vikas Nigam Ltd (RVNL) – a Navratna and construction arm of the Ministry of Railways – was appointed as project implementation agency for the UTF (Uthuru Thila Falhu-Island) Harbour project

Lulu Group to set up logistics, food-processing centre in Amritsar

May 25, 2024 Logistics, Global Trade, Logistics Park, Trade, Trending News
ABU DHABI : Lulu Group, a renowned Indian-United Arab Emirates (UAE)-based multinational conglomerate company, is set to launch a logistics and food processing centre located in Amritsar, Punjab. The proposed centre, which will span 20 acres

Maldives to soon launch India’s RuPay Service

May 25, 2024 Trade, Economy, Global Trade, Trending News
MALE : RuPay is the first of its global card payment network in India. Meanwhile, Maldives has not announced any date for the launch of the service. Notwithstanding the turbulence in their bilateral ties,

Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells

May 25, 2024 Container, Export - Import, Global Trade, International Shipping, Logistics, Trending News
COPENHAGEN : A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the longer transits
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