May 15, 2026
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Trade policy review meet of China in WTO : India flags trade deficit, non-transparent subsidies

July 20, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
GENEVA : India has flagged its concerns over high trade deficit and non-transparent subsidies of China in a meeting at the World Trade Organisation (WTO), Geneva, stating those measures impact domestic industry, an official

India can become logistics hub of the region and beyond : World Bank

July 19, 2024 Logistics, Economy, Finance, Global Trade, Trending News
WASHINGTON : In order to achieve the target of becoming one among the top-25 countries in terms of logistics efficiency, PM Gati Shakti platform should be overlaid with trade flow data, multi-modal parks have

CMA CGM and Google have partnered to pioneer AI-driven logistics

July 19, 2024 International Shipping, Global Trade, Logistics, Shipping Line, Trending News
MARSEILLE : French shipping and logistics company CMA CGM has signed a partnership with Alphabet’s Google to speed up deployment of AI solutions across its operations worldwide, the two companies announced on Thursday. CMA

NITI Aayog reconstituted, 15 union ministers, NDA allies made part of it

July 19, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : The Narendra Modi-led NDA Government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either ex-officio members or special invitees. Prime

India targets $110 billion FDI a year to help boost economy

July 19, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : India is aiming to boost annual Foreign Direct Investment by more than 50% to help lift economic growth, according to a top official at the government’s investment promotion agency. “For the

FSSAI rejects import of over 1550 food items on grounds of food safety

July 18, 2024 Import, Economy, Global Trade, Trending News
NEW DELHI : The Food Safety and Standards Authority of India (FSSAI) has reportedly rejected the import of over 1,550 food products over the course of the last two years. In the financial year

‘China ready but I want India to do it’: Bangladesh PM Sheikh Hasina on key $1 billion river project

July 18, 2024 Maritime, Global Trade, Trade, Trending News
DHAKA : Bangladesh Prime Minister Sheikh Hasina said her government would prefer neighboring India execute a $1 billion river development project, a move that would soothe New Delhi’s security concerns. “China is ready but

ADB keeps India’s GDP growth projection for FY25 unchanged at 7%

July 18, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17. The Asian lender projected the economy

Maersk announces updated surcharges worldwide

July 18, 2024 Container, Export - Import, Global Trade, International Shipping, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024. Origin Destination Charge Basis Container Currency

Piyush Goyal holds talks with his Swiss counterpart to work towards achieving the goals set in TEPA

July 17, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : Commerce & Industry Minister Shri Piyush Goyal paid an official visit to Switzerland at the invitation of his Swiss counterpart Federal Councillor Mr. Guy Parmelin. During this highly successful and productive
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