May 14, 2026
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Russia builds new Asia trade routes to weaken sanctions over war

April 20, 2024 Logistics, Export - Import, Global Trade, International Shipping, Maritime, Trade, Transport, Trending News
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East

Tesla’s entry will boost India’s appeal as a global manufacturing hub : FM Nirmala Sitharaman

April 19, 2024 Business, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has reiterated Govt’s priority to make India a global manufacturing hub and invite manufacturers and entrepreneurs to make in India. In an exclusive interaction with CNBC-Awaaz,

India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels

April 19, 2024 EXPORT, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from China rose 3.29% to $101.75 billion

Overall exports surpassing FY23 figures of US$ 776.40 billion to US$ 776.68 billion despite persistent global challenges : President, FIEO

April 18, 2024 EXPORT, Global Trade, Trending News
NEW DELHI : Responding to overall export figures for the FY 2023-24, which surpassed the last FY 2022-23 figures of US$ 776.40 bn to US$ 776.68 bn, goes to show not only the firm

India-UK to hold further talks on FTA this week

April 18, 2024 Trade, COMMERCE, Global Trade, Trending News
NEW DELHI : India and the United Kingdom will resume talks for the proposed free trade agreement (FTA) this week when an official Indian delegation visits London. “A team is going to the UK

COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO

April 18, 2024 Export - Import, Global Trade, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been

India is world’s largest democracy and an important strategic partner : U.S.

April 18, 2024 Global Trade, Economy, Trending News
WASHINGTON : The Biden administration asserted that India was an important strategic partner of the U.S. and added that the status of the relationship is expected to remain unchanged. US Department of State Spokesperson,

Jebel Ali Port returns to top-10 busiest container ports

April 18, 2024 International Shipping, Foreign Ports, Global Trade, Logistics, Maritime, Trending News
DUBAI : Alphaliner’s report said the Middle East’s largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe’s biggest port and demonstrating the scale of the economic

Elon Musk intends to establish the full Tesla Ecosystem in India : Piyush Goyal

April 16, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : Elon Musk has unrelenting ambition as he sets his sights on India, a country full of opportunities for his creative endeavors. According to Shri Piyush Goyal the Minister of Commerce and Industry, Musk is preparing

India’s overall exports (merchandise + services) estimated to surpass last year’s highest record, hit 12-month high of $41.68 billion in March

April 16, 2024 EXPORT, Business, Economy, Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports
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