Worldwide Shipping companies focussing their attention to Kerala’s Vizhinjam Port
THIRUVANANTHAPURAM : The maritime world is abuzz with the recent developments at Vizhinjam Port, where some of the globe’s leading shipping companies are gearing up for operations. This southern Indian port is emerging as
Angel tax abolition to further ease funding winter for Indian startups
NEW DELHI : The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.The
Union Budget 2024 – A catalyst for India’s logistics and economic growth : Vineet Agarwal
The Union Budget 2024 like earlier years continues to set upward trajectory for the Indian economic landscape. Infrastructural development and fiscal prudence being the major considerations in the approach, it is set to have
CMA CGM reports strong quarter amid Geopolitical Tensions
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance with increased cargo volumes, driven by
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since
Ship diversions hit main Asian hubs with $131 billion trade loss
SINGAPORE : Russell Group, a data and analytics company, has reported that $131 billion in trade is at risk of being disrupted at the Ports of Singapore, Port Klang and Tanjung Pelepas. All three
India committed to FTA with the U.K. : PM Modi
NEW DELHI : India is committed to concluding a Free Trade Agreement with the United Kingdom, said Prime Minister Shri Narendra Modi on Wednesday, after meeting the visiting Secretary of State for Foreign, Commonwealth and Development Affairs
Piyush Goyal chairs stakeholder interaction with Leather and Footwear Industry
NEW DELHI : Union Minister of Commerce and Industry Shri Piyush Goyal chaired a stakeholder interaction with the Leather and Footwear Industry yesterday here. The Minister encouraged the industry to aim for a bigger