ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year
NEW DELHI : The Asian Development Bank (ADB) on Thursday revised India’s gross domestic product (GDP) growth forecast for FY25 to 7%, up from its earlier forecast of 6.7%. The bank cited robust public
WTO forecasts rebound in Global Trade in 2024
GENEVA : Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by high energy prices and related inflation, World Trade Organization (WTO) economists said
US container imports remain stable, with several potential global challenges to be seen
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared
‘If you want to see the future, come to India’: US envoy Eric Garcetti
NEW DELHI : US Ambassador to India Eric Garcetti said if anyone wants to see the future they should come to India. Speaking at an event, Garcetti lauded India’s developmental strides and acknowledged that
From Sea to Savings: How MSC Short Sea Shipping is Reducing CO2 and Costs
GENEVA : Reducing the environmental impact of transporting goods is one of the key ways we can reduce our overall impact on the planet’s health. In Europe, road transport currently accounts for over half
Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight
Kuehne+Nagel streamlines organisational structure and strengthens customer proximity
SCHINDELLEGI : The Board of Directors of Kuehne+Nagel International AG has approved a new direct reporting of the country organisations. This change sets the course for further efficiency gains and profitable growth. By simplifying
India-Peru Trade Agreement : Seventh round of talks kick-start
NEW DELHI : Taking a step forward in India-Peru trade relations, the seventh round of India-Peru Trade Agreement negotiations have kick started. As reported earlier by Financial Express Online, the talks will continue till Apri