Apparel and textile production witness steep declines following drop in export orders
NEW DELHI : India’s garment manufacturing industry has experienced a significant decline in recent months, with a staggering 22.6% drop between April and August 2023 compared to the same period last year. This decline
China imposes export controls on Graphite, rattling EV supply chains amid Global tensions
BEIJING: In a move that has sent shockwaves through the global market, China has announced stringent export controls on specific graphite products, effective from December 1, 2023. The Chinese government, citing “national security concerns,”
Mersin International Port’s Gate Project enhances connectivity
SINGAPORE : Mersin International Port (MIP), a member of PSA Group, officially inaugurated the Gate Project at an opening ceremony held on 28 September. The occasion was graced by Mersin Governor Ali Hamza Pehlivan
German business activity slump suggests recession ‘well underway’ -PMI
BERLIN : Business activity in Germany contracted for a fourth straight month in October as manufacturing’s downturn was matched by a renewed decline in services, a preliminary survey showed on Tuesday, suggesting a recession
India and Saudi Arabia discuss ways to increase bilateral investments
RIYADH : Commerce and Industry Minister Shri Piyush Goyal on Tuesday met Saudi Arabia’s Minister of Investment Khalid A Al-Falih, and discussed ways to boost bilateral investments between the two countries in different sectors.
’12 states to set up galleries at Lothal museum; Lighthouse light to be visible even from Ahmedabad’
AHMEDABAD : Union Minister Shri Mansukh Mandaviya chaired a meeting today to review the progress of the National Maritime Heritage Complex (NMHC) at Lothal. Speaking to the media after the meeting, the Union Minister
Mumbai faces unprecedented business exodus as diamond tycoon relocates to Surat
SURAT : In a historic move that has left the corporate world in awe, billionaire diamond businessman Vallabh Lakhani, affectionately known as Vallabh Kaka, is set to bid adieu to the bustling streets of
Now, shipping firms come under GST lens
NEW DELHI : The shipping industry is under the lens of goods and services tax (GST) authorities for payment of past dues of integrated GST on ocean freight. The shipping industry is under the