Bangladesh announces import ban on certain products from India, Nepal and Bhutan
DHAKA : The National Board of Revenue (NBR) has imposed a ban on the import of several products from India, Nepal, and Bhutan. According to a new gazette notification issued on Sunday, restrictions have
Japan to gift Shinkansen Train sets to India for high-speed bullet train testing
TOKYO : Japan is set to give India’s high-speed rail ambitions a major boost by providing two sets of its celebrated Shinkansen Trains at no cost. The East Japan Railway Company will donate one
A new appointment to the GEODIS Management Board
LEVALLOIS-PERRET : GEODIS, world leader in transport and logistics, announces the appointment of Hervé Cornède as Executive Vice-President, Public Affairs at GEODIS. He will be a member of the Group’s Management Board, which is
China now faces up to 245% tariffs from US : White House
WASHINGTON D.C. : China’s retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to a fact sheet released by the White House. Prior to
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff”
Global Economy under Pressure Could Slow to 2.3%, Signals UN Trade and Development (UNCTAD)
GENEVA : The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new report, “Trade and Development Foresights 2025 –
Baltic Index falls to Six-Week low as Capesize Rates dip
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. The main index, which tracks rates for capesize, panamax and supramax
NITI Aayog launches Report on ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’
NEW DELHI : NITI Aayog launched a report on Hand and Power tools sectors – ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’. The report underscores the transformative potential of hand