India poised to become $5 Trillion Economy : G20 Sherpa
NEW DELHI : India is poised to become a USD 5 trillion economy and the challenge for the country will be to grow at 8-9 per cent for
Southern Dedicated Freight Corridor: Why it must be prioritised after EDFC and WDFC
NEW DELHI : While two major DFCs are under construction in the eastern and western parts of the country, South India still lacks its dedicated freight corridor. India’s
Tata Group to acquire Wistron Unit to become first Indian iPhone maker
BENGALURU : The Taiwan-based Wistron Corp., a contract manufacturer for Apple Inc., will sell its India unit to the Tata Group for $125 million, making the salt-to-software conglomerate
TCI orders for Two New Container Vessels
GURGAON : Transport Corporation of India Limited (TCI) has signed a contract with Nakanishi Shipbuilding Co. Ltd., Japan, to build two cellular container vessels of approximately 7,300 MT deadweight
Customs officer hails traders as real heroes of economy at EXIM-23 Summit
KOCHI : The trading community is the driving force of the economy and the government is promoting trade and commerce actively, Customs Commissioner Gurkaran Singh Bains said here
Ashok Leyland expects 20% revenue from exports in 5 years : Dheeraj Hinduja
CHENNAI : Hinduja Group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive
CBIC issued circular regarding the revision of All Industry Rates (AIRs) of Duty Drawback
NEW DELHI : The CBIC issued Circular No. 26/2023-Customs dated October 26, 2023, regarding the revision of All Industry Rates (AIRs) of Duty Drawback. These revisions were notified in Notification
Saudi Arabia seeks trade deals, mulls BRICS offer to lift exports
RIYADH : Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil
COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7%
Cabinet approves Semiconductor Supply Chain Partnership between India & Japan
NEW DELHI : The Union Cabinet has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership, an official statement said on Wednesday. The memorandum of