March 4, 2026
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“Transforming Logistics: Precision and Purpose” – BIFA takes centre stage

October 14, 2024 Logistics, Trade, Trending News
LONDON : The British International Freight Association (BIFA) is taking a prominent role in a news-style programme, Transforming Logistics: Precision and Purpose, produced by ITN Business and launched at the trade association’s Business Leaders

Prime Minister’s participates in the 21st ASEAN-India Summit in Lao PDR

October 11, 2024 Trade, Associationn, Economy, Finance, Global Trade, Trending News
LAO PDR : The 21st ASEAN-India Summit was held in Vientiane, Lao PDR, on 10 October 2024. Marking a decade of India’s Act East Policy, Prime Minister Shri Narendra Modi joined ASEAN leaders to

India Post issues special Postage stamp to recognise 25 years of Mundra Port, released by Gujarat CM

October 11, 2024 Logistics, Ports, Trade, Trending News
GANDHINAGAR : In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Shri Bhupendrabhai Patel released a commemorative postal stamp to honour the port’s contributions to India’s maritime and economic growth. The event, held on

JSW Infra receives LOI from MMB for developing all weather and multipurpose port in Palghar

October 11, 2024 Maritime, Ports, Trade, Transport, Trending News
MUMBAI : JSW Infrastructure announced that it has received has Letter of Intent from Maharashtra Maritime Board (MMB) for “Development, Operation, Management and Maintenance of an All Weather and Multipurpose Port at village Murbe

Ministry of Textiles celebrates ‘World Cotton Day’ 2024

October 11, 2024 EXPORT, Business, Economy, Trade, Trending News
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the conference with Confederation of Indian Textile

Central Govt. considers seed funding to establish a shipping insurance entity

October 11, 2024 Trade, Economy, Finance, Ports, Shipping
NEW DELHI : With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its funds as a preliminary investment. This approach would involve private

RBI proposes no Foreclosure Penalty on MSMEs loans

October 11, 2024 Trade, Business, Finance, Trending News
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment penalties on any floating rate term

World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %

October 11, 2024 Economy, Finance, Global Trade, Trending News
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing

DUCAT Maritime surpasses 15 million tonne milestone in rice shipments to West Africa

October 11, 2024 International Shipping, Company, Maritime, Trade, Trending News
LIMMASOL : DUCAT Maritime, a leader in global maritime logistics, has announced a significant milestone in its operations: the delivery of over 15 million tonnes of rice to West Africa since the company was

Fuel quality remains critical issue for the maritime industry

October 11, 2024 Fuel, Global Trade, Maritime, Shipping Line, Trending News
LONDON : Lloyd’s Register has released its Fuel Quality Report 2024, offering vital insights into the evolving landscape of marine fuel quality and its implications for the maritime industry.   Ongoing concerns around fuel
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