May 14, 2026
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Cabinet approves BIT between India and U.A.E.

February 2, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : The government on Thursday approved the signing and ratification of a Bilateral Investment Treaty (BIT) between India and the United Arab Emirates (UAE). The pact would help promote investments between the

Saudi Arabia officially joins BRICS Alliance

February 2, 2024 Trade, Economy, Global Trade, Trending News
RIYADH : Following the expansion invitations offered during the 2023 annual summit, Saudi Arabia is officially set to join the BRICS Alliance. Indeed, South Africa’s Foreign Minister Naledi Pandor has confirmed that Saudi Arabia and the

Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment : BIMCO

February 2, 2024 International Shipping, Global Trade, Trending News
LONDON : “China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood,

DGFT organizes National Conference on Strategic Trade Controls

January 31, 2024 DGFT, COMMERCE, Customs, Economy, Global Trade, Trade, Trending News
NEW DELHI : Directorate General of Foreign Trade(DGFT), Ministry of Commerce & Industry in partnership with the Ministry of External Affairs (MEA) and other Government Agencies organized the National Conference on Strategic Trade Controls (NCSTC),

UNCTAD : Red Sea conflict adds insult to global trade’s injuries

January 31, 2024 Logistics, Global Trade, Trending News
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with geopolitical tensions affecting shipping in the Black

FIATA and GSCC announce visionary MoU to jointly promote academic excellence in sustainable logistics

January 30, 2024 Logistics, Global Trade, Trade, Trending News
MUMBAI : FIATA and the GSCC have announced a visionary Memorandum of Understanding to jointly promote sustainability and academic excellence in education in the global freight forwarding and logistics sector with a focus on making

Nirmala Sitharaman says every partner should collaborate for India to become 3rd largest Economy by FY28

January 29, 2024 Customs, Economy, Global Trade, Trade, Trending News
NEW DELHI : Union Finance Minister Smt Nirmala Sitharaman stated on Saturday that Customs Department initiatives, including Faceless Assessment and Single Window Clearance, must evolve with the overarching goal of boosting trade growth. She

Exports from SMP Kolkata facing several challenges due to surging freight rate, rice ban and also geopolitical turmoil

January 29, 2024 EXPORT, Global Trade, Ports, Shipping, Trending News
KOLKATA : Exports from SMP Kolkata (Kolkata Port), a Gateway to Eastern India, are facing several challenges including, geopolitical tension, a government-imposed rice export ban and skyrocketing ocean freight costs, which could lead to

Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC

January 25, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In pursuance of the announcement on July 28, 2023 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to enable direct listing of Indian Companies at GIFT- IFSC exchanges

DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exports

January 25, 2024 Trade, Business, COMMERCE, EXPORT, Global Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has urged the Gem & Jewellery Export Promotion Council to popularise jewellery exports through e-commerce and to position India as a top supplier, design
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