India funded Sittwe Port in Myanmar set to open on 9 May
KOLKATA : The Sittwe Port in Myanmar funded by India under the $500 million Kaladan Multimodal Transit Transport Project will start operations in May with the inaugural run
ICICI Bank offers a network of Rupee Vostro Accounts, expedites settlement of trade in rupee
NEW DELHI : ICICI Bank on Friday announced that it offers Rupee Vostro Account to enable Indian exporters and importers to pay and settle export-import transactions in Indian Rupees (INR). The
India pushes for trade in rupees to boost exports amid global trade slowdown
NEW DELHI : India and Bangladesh have agreed in principle to use local currency for trade in a boost for India’s efforts to internationalise the rupee, reduce dollar
Maruti Suzuki plans to set up plant in Gujarat
AHMEDABAD : Maruti Suzuki has plans to set up a car production factory in Gujarat. The company has plans to extend its capacity to 10 lakh cars per
Container freight rate slide on larger Indian trades slows amid contract negotiations
MUMBAI : The slide in container freight rates on some of the trades routes out of India seems to have slowed, according to the latest market analysis. On
India to import 140 tonnes of gold from UAE at lower duty
NEW DELHI : The government has opened a fresh window to import 140 tonnes of gold from the United Arab Emirates at a concessional rate agreed under the
PTC meets, discusses and endorses several tools that will now go for Council approval
BRUSSELS : The 239th/240th sessions of the Permanent Technical Committee (PTC) took place from 25 to 27 April 2023. The Meeting brought together delegates from WCO Member administrations,
DP World reports 19.5 million TEUs in 2023 first quarter
DUBAI : DP World handled 19.5 million TEUs across its global portfolio of container terminals in the first quarter of 2023, with gross container volumes increasing by 1.4%
GMU hosted ‘International Conference on Climate Justice and Sustainable Environment’ con
GANDHINAGAR : In celebration of World Earth Day, Gujarat Maritime University and Gujarat National Law University jointly hosted the International Conference on Climate Justice and Sustainable Environment (ICCJSE)
FFFAI Chairman Shankar Shinde appointed on Board of Governing Council of Logistics Skill Council ( L
MUMBAI : Mr. Shankar Shinde, Chairman, Federation of Freight Forwarders’ Associations in India (FFFAI) recently appointed as member, Board of Governing Council of Logistics Skill Council. This is