Major GST relief for Foreign Airlines, Shipping Lines on cards after elections
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This
CONCOR and PSA MESA signs MoU
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics
Tesla’s entry will boost India’s appeal as a global manufacturing hub : FM Nirmala Sitha
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has reiterated Govt’s priority to make India a global manufacturing hub and invite manufacturers and entrepreneurs to make in India.
Israel and Iran tensions could impact India’s trade
NEW DELHI : Iran’s attack on Israel earlier this week has sparked tensions in the Middle East and beyond. India, which has friendly ties with both the countries, has expressed
Indian woman cadet aboard cargo vessel seized by Iran returns home : MEA
COCHIN : Ms. Ann Tessa Joseph, a woman cadet who was among the 17 Indians onboard container vessel MSC Aries that was seized by Iranian military over the weekend, returned to Cochin on Thursday. Iran has agreed to release the
NHAI to monetise 2741 km through toll operate transfer, InvIT in FY25
NEW DELHI : The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of National Highways during the current financial year (FY25) through its toll
India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from
Maersk issues Trade Advisory about their operations in Israel
COPENHAGEN : Maersk is continuing to keep a close eye on the ongoing geopolitical situation involving Israel, with the main aim of ensuring the safety and well being
PIL joins DCSA to advance container shipping digitalisation standards
SINGAPORE : Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. DCSA’s
BSM launches Smart Academy programme innovating maritime education
HAMBURG : Bernhard Schulte Shipmanagement (BSM) introduces a new educational programme for future seafarers. BSM Smart Academy is a collaboration with selected maritime universities worldwide with the goal