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DGFT; ‘Free’ Onion Exports with $800 Minimum Export Price till December 31, 2023

October 30, 2023 EXPORT, Trade, Trending News
NEW DELHI : The DGFT vide Notification No. 42/2023 dated October 28, 2023, has declared that onion exports are ‘Free,’ with a Minimum Export Price (MEP) of US $800 F.O.B per Metric Ton (MT) imposed

Global glass giant Corning to commence production in India by 2024 end

October 30, 2023 Technology, Business, COMMERCE, Company, Global Trade, Trade, Trending News
NEW DELHI : Corning, the largest specialised glass manufacturer for electronics globally, has officially announced a collaboration with Optiemus Infra to produce finished cover glass in India. The new factory is expected to receive

MSC celebrates South African milestone

October 30, 2023 International Shipping, Shipping Line, Trade, Trending News
GENEVA : In a heartfelt ceremony for clients and colleagues hosted by Mediterranean Shipping Company, the first social gathering of its kind since the Covid-19 outbreak almost four years ago, the world’s leading line

Jeddah Islamic Port wins the Advanced Port Infrastructure Award 2023

October 30, 2023 Foreign Ports, International Shipping, Ports, Trade, Trending News
RIYADH : The Saudi Ports Authority “Mawani”, represented by the Jeddah Islamic Port, has won the Advanced Port Infrastructure Award at the Landmarks in Logistics Awards 2023, held in the United Arab Emirates. This

MSC Air Cargo joins TIACA

October 30, 2023 Air cargo, Logistics, Shipping Line, Trade, Trending News
GENEVA : MSC Air Cargo has joined The International Air Cargo Association (TIACA). Jannie Davel, Senior Vice President Air Cargo at MSC Air Cargo, said in a LinkedIn post on October 19 that the

WCO organizes Second Symposium on E-Commerce and Customs Valuation

October 30, 2023 Customs, COMMERCE, Trade, Trending News
BRUSSELS : On 23 October 2023, the World Customs Organization (WCO) held its second Symposium on E-Commerce and Customs Valuation. Following the first Symposium in February, which underscored numerous challenges stemming from E-Commerce transactions, the

PM inaugurates 7th Edition of the India Mobile Congress (IMC)

October 28, 2023 Technology, Business, Trade, Trending News
NEW DELHI : The Prime Minister, Shri Narendra Modi inaugurated the 7th Edition of the India Mobile Congress 2023 at Bharat Mandapam. India Mobile Congress (IMC) is the largest telecom, media, and technology forum

India poised to become $5 Trillion Economy : G20 Sherpa

October 28, 2023 Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : India is poised to become a USD 5 trillion economy and the challenge for the country will be to grow at 8-9 per cent for the next three decades, India’s G20

Southern Dedicated Freight Corridor: Why it must be prioritised after EDFC and WDFC

October 28, 2023 Logistics, ICD, Infrastructure, Railway, Transport, Trending News
NEW DELHI : While two major DFCs are under construction in the eastern and western parts of the country, South India still lacks its dedicated freight corridor. India’s burgeoning economy relies heavily on the

Tata Group to acquire Wistron Unit to become first Indian iPhone maker

October 28, 2023 Technology, Business, Company, Trade, Trending News
BENGALURU : The Taiwan-based Wistron Corp., a contract manufacturer for Apple Inc., will sell its India unit to the Tata Group for $125 million, making the salt-to-software conglomerate the first Indian iPhone-maker. The company
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