Elon Musk apologises for not meeting Piyush Goyal at Tesla Factory, in California
CALIFORNIA : World’s richest man and Tesla CEO Elon Musk has apologised to India’s Commerce Minister Piyush Goyal for not being able to be with him during a visit to the company’s factory in Fremont, California. The billionaire said it
IFSCA seeks nod to permit foreign flag ships to operate from GIFT City
GANDHINAGAR : The International Financial Services Centres Authority (IFSCA) has sought the intervention of the Directorate General of Shipping (D G Shipping) to permit foreign flag ships to operate from the GIFT City, Gujarat
Afghanistan urges Pakistan to release 1,000s of containers from Karachi port
ISLAMABAD : Afghanistan urged Pakistan on Tuesday to release thousands of containers of imports it said were stuck at Karachi Port since Islamabad clamped down on transnational cargo. Pakistan authorities say they have lost
India-U.K. FTA – Next round of talks expected soon
NEW DELHI : Chief negotiators of India and the UK are expected to soon hold next round of talks for the proposed Free Trade Agreement to iron out differences on issues such as automobiles, medical devices, and movement
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping as proposed earlier, foreign shipping companies
India signs pact with ADB for $400-million loan to support urban reforms
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to create high-quality urban infrastructure, improve service
Hanjin signs MOU with AWOT Global Corp for logistics partnership
SEOUL : Hanjin Logistics Corp., an affiliate of airline-to-logistics conglomerate Hanjin Group, said it has signed an initial pact with a Chinese company for a business partnership in the Chinese logistics market. Hanjin Logistics