May 14, 2026
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Allcargo Logistics plans to cut costs by $30 million in FY24 amid global slowdown

January 4, 2024 Logistics, Business, Company, Global Trade, Trade, Trending News
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million

Gujarat signs deal worth ₹7.17 trillion with 58 companies ahead of Vibrant Gujarat Global Summit

January 4, 2024 Trade, Business, Economy, Global Trade, Trending News
GANDHINAGAR : Gujarat state on Wednesday signed initial investment agreements worth Rs. 7.17 trillion ($86.07 billion) with 58 companies operating in sectors such as energy, oil and gas, and chemicals, its government said. The home

From UK to Peru, every nation wants to sign FTA with India to gain access to growing market, says GTRI report

January 4, 2024 Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s rapidly growing market and economy have made it a lucrative option for developed as well as developing countries for free-trade agreements (FTAs), and countries such as Oman, Peru, Europe, and

Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs

January 3, 2024 Logistics, Global Trade, International Shipping, Trending News
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi rebels targeted a Singapore-flagged Maersk container,

MoCI seeks exporters’ inputs on reducing compliance burden

January 2, 2024 EXPORT, COMMERCE, Customs, Global Trade, Policy, Trade, Trending News
NEW DELHI : The Commerce and Industry Ministry(MoCI) has asked export promotion councils and other industry bodies to give specific inputs on measures to reduce regulatory compliances and streamline processes further and also share

Vibrant Gujarat Summit : State’s investment drive poised to boost employment opportunities

January 2, 2024 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
GANDHINAGAR : Gujarat’s commitment to progress is evident not only in its thriving economy but also in employment statistics, with the state having the labour force participation rate of 44.3 per cent and worker

World needs India to become reliable challenger to China’s supply-chain dominance: Anand Mahindra

January 2, 2024 Logistics, Business, Economy, EXPORT, Global Trade, Trade, Trending News
NEW DELHI : The world needs India to become a reliable challenger to China’s supply-chain dominance, which will provide a great opportunity in 2024 and investment will flow into the country in unprecedented volumes,

Mobile phone exports at Rs 75,000 cr till Nov, on way to cross Rs 1,24,000 cr in 2024

January 2, 2024 EXPORT, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year, industry

Indo-Australia ECTA boosts engineering exports, despite import surge

January 2, 2024 Trending News, EXPORT, Global Trade, Trade
NEW DELHI : One year after the India-Australia Economic and Trade Cooperation Agreement (ETCA) came into effect, engineering exports to Australia reached USD 944 million in April-November 2023-24, a 3 per cent increase. However,

From chip maker to car manufacturers, global firms flocking to Gujarat

December 30, 2023 Trade, Business, COMMERCE, Global Trade, Infrastructure, Trending News
AHMEDABAD : Though Gujarat has only about six per cent of India’s geographical area and nearly five per cent of the population, the state has become an engine of the country’s development with world-renowned firms coming here for
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