Surge in freight train operations during Maha Kumbh 2025 : EDFC traffic more than doubles
NEW DELHI : Freight train operations during Maha Kumbh 2025 saw more than a twofold increase compared to the 2013 and 2019 Kumbh Melas, reflecting a substantial rise in activity. An official statement highlighted
US port fees on China vessels would affect all shipping firms, CMA CGM says
MARSEILLE : U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based
US fees on China-based ships to cause unintended consequences – Analyst
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter
Drewry’s Intra-Asia Container Index down 8%
LONDON : Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 8% in the fortnight to 28 Feb 25 to $615 per 40ft container. Intra-Asia Container Index assessment
India-EU FTA by this year end : PM Modi
NEW DELHI : Prime Minister Shri Narendra Modi on Friday announced that the India-EU Free Trade Agreement will be reached by the end of 2025. “We have had sincere and meaningful discussions, yesterday on
Joint Statement : Second Meeting of the India-EU TTC
NEW DELHI : The second meeting of the India-EU Trade and Technology Council (TTC) took place here on 28 February 2025. It was co-chaired on the Indian side by India’s External Affairs Minister Dr.
FM Sitharaman, EU commissioners discuss Economic Cooperation, FinTech, Trade, and Investment
NEW DELHI : Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, met with Maria Luis Albuquerque, European Commissioner of Financial Services, Savings and Investments Union, and Piotr Serafin, European Commissioner of Budget,
Piyush Goyal discusses India-EU trade ties with EU trade Commissioner
NEW DELHI : Union Minister of Commerce & Industry Piyush Goyal held a candid and insightful discussion with EU Trade Commissioner Maros Sefcovic in Delhi on Friday. The meeting focused on the progress of