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India’s logistics cost at 7.97 percent of GDP : DPIIT

NEW DELHI : India's logistics cost during 2023-24 turned out to be Rs 24.01 lakh crore, or 7.97 percent of the gross domestic product...

Emirates Shipping, Shreenathji Worldwide and Cotton Comfort flag off First Block Rake from Adani Virochannagar ICD to Mundra Port

AHMEDABAD: Emirates Shipping Line, Shreenathji Worldwide and Cotton Comfort Friday dispatched its first dedicated block rake from Adani’s Virochannagar Inland Container Depot (ICD) to...

Donald Trump’s drug tariff spares generics, but India braces for fallout

WASHINGTON : President Donald Trump announced on Thursday (September 25, 2025) a 100% tariff on branded and patented pharmaceutical imports, effective October 1, 2025,...

India proposes to ease investment rules in possible win for Amazon

NEW DELHI : India's government has drafted a proposal to ease foreign investment rules to allow E-commerce companies such as Amazon to buy products...

IMO: The ocean takes centre stage on World Maritime Day 2025

Global maritime community celebrates “Our Ocean, Our Obligation, Our Opportunity” LONDON: The international shipping industry, which carries over 80% of global trade and uses more...

Container Shipping: Demand bolstered by trade lanes not bound for the US

COPENHAGEN: "On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025...

Drewry’s World Container Index down by 8% last week

LONDON: Drewry’s World Container Index decreased 8% to $1,761 per 40ft container this week. The Drewry World Container Index (WCI) fell 8% to $1,761 per...

FFFAI 62nd AGM: Elects New Leadership for 2025–2027, Amit Kamat named as Chairman; S. Natarajan named Chairman-elect

MUMBAI: The Federation of Freight Forwarders Associations in India (FFFAI) held its 62nd Annual General Meeting (AGM) on Wednesday in Mumbai. The AGM was...

India’s first fleet of EV Trucks with swappable batteries flagged off at JNPA by Sarbananda Sonowal

MUMBAI : The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal flagged off India’s first fleet of electric heavy trucks with swappable...

India must become self-reliant, Russia our time-tested partner: PM Modi

GREATER NOIDA : Stressing that the country must become self-reliant, Prime Minister Shri Narendra Modi on Thursday said that despite global uncertainties, India's growth...

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