Colombo port sees jump in traffic amid Red Sea tensions
COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea
Commerce Ministry calls Stakeholders’ Meet on WTO issues on January 20
NEW DELHI : The Commerce Ministry has called a meeting of all stakeholders, including government officials and trade sector experts, on January 20 to discuss issues which are
India ready to grow into a $35-trillion Economy in 24 years : Piyush Goyal
NEW DELHI : There is great excitement about India globally and the country stands at a crucial juncture, ready to catapult into a $35-trillion Economy in the next 24 years, marking an
Allcargo Gati appoints Uday Sharma as Chief Commercial Officer
MUMBAI : Allcargo Gati Limited (formerly Gati Limited), one of India’s premier Express Distribution and Supply Chain solution providers, has appointed Mr. Uday Sharma as Chief Commercial Officer of Gati Express and Supply Chain Pvt. Limited
Global economic slowdown headed for worst phase in three decades : WEF
DAVOS : Global economic growth is estimated to fall to its lowest rate in three decades by 2030 amid the ongoing economic and geopolitical shocks, a new report
Government looks at more secure new duty refund plan for exporters
NEW DELHI : Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for Remission of Duties and Taxes
CBIC announces exclusive Customs Duty Payments on New ICEGATE Portal from January 14, 2024
NEW DELHI : As of January 14, 2024, the CBIC has implemented changes on the official ICEGATE website. Customs Duty and other payments can now be processed exclusively
APEDA readies big plan for organic exports from Uttarakhand
NEW DELHI : Faced with 66 per cent decline in organic exports from Uttarakhand in 2022-23, Agricultural and Processed Food Products Export Development Authority (APEDA) and the state
US-owned ship hit by missile off Yemen
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened
Canals aren’t the world’s biggest shipping chokepoints
CAIRO : When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 5,000 miles from