15th round of India-UK FTA talks to begin in February
NEW DE;LHI : India and the United Kingdom are exploring convenient dates to resume the talks for the proposed Free Trade Agreement (FTA) in early February. The talks for
2nd WCO Symposium on “Removing counterfeits from E-Commerce” generates strong interest
BRUSSELS : On 15 January 2025, the World Customs Organization (WCO) held its 2nd Symposium on “Removing counterfeits from E-commerce”. This event was aimed at discussing issues arising from
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
Dark fleet, decarbonization and geopolitical pressures remain top maritime focus areas in 2025 : IMO
LONDON : Range of pressing issues to be addressed this year by the world’s shipping regulator. Speaking at a news conference on 14 January 2025, Secretary-General Arsenio Dominguez
Product Tanker deliveries seen jumping 256% to 16-year high : BIMCO
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to
Baltic Index down for third straight session on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt
Piyush Goyal launches National Turmeric Board
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its
India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Bud
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to
India’s first E-Commerce Export Hub to launch by March : DGFT
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot
India’s Trade deficit shrinks to $21.94 Billion in December
NEW DELHI : India’s trade deficit dropped to $21.94 billion in December, improving from November’s $32.84 billion, driven by higher exports and lower imports. Merchandise exports rose to