Assessing infrastructure requires for $1 tn exports by Aug-Sep
NEW DELHI : A study to assess required infrastructure and identify main industry clusters for achieving the $ 1 trillion merchandise exports target by 2030 may be submitted
Govt to focus attention for the promotion of India’s textiles exports: Textiles Secretary
NEW DELHI : The government will accord focused attention to promote India’s textiles exports, which declined for the second year in a row in 2023-24, Textiles Secretary Rachna
Assam soon to witness India’s first river terminal in Guwahati
GUWAHATI : India’s first river terminal is set to be established in Guwahati, Assam. The development marks a significant milestone in the country’s transportation and logistics sector. The terminal
4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee
NEW DELHI : The 4th Joint Committee Meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024 and was
Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among
China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data
Shipping market conditions boost Yang Ming’s first Quarter results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 392nd Board Meeting on 10th May to approve its Q1 financial report of 2024. The consolidated
Maersk suspends Methanol Ship order to Chinese Shipbuilder
COPENHAGEN : Maersk, the world’s second-largest shipping company, has reportedly postponed an order for 15 methanol-powered container ships from a Chinese shipbuilder. The delay is reportedly due to
Decarbonisation of shipping could create up to four million green jobs
COPENHAGEN : The Global Maritime Forum has revealed the immense economic potential presented by the decarbonisation of shipping. New analysis, commissioned by the Global Maritime Forum and conducted
Baltic dry bulk index logs best week in more than two months
LONDON : The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in