PHDCCI submits economic memorandum to Fin-Min ahead of Union Budget 2024-25
NEW DELHI : In anticipation of the Union Budget for the fiscal year 2024-25, the PHD Chamber of Commerce and Industry (PHDCCI) has submitted a comprehensive memorandum on the economy to the Union Finance
No plan to introduce PLI in new sectors : DPIIT
NEW DELHI : Centre has no plan to introduce production linked incentive (PLI) schemes in any new sector at the moment. PLI has already been deployed in 14 sectors. Instead, it will tweak some existing schemes to
Tiger Logistics bags a tender from HPCL
NEW DELHI : Tiger Logistics (India) Ltd on Monday said it has bagged a project from Hindustan Petroleum Corporation Ltd (HPCL). “This accomplishment positions our company to explore further opportunities in the petro sector,
High tariffs among reasons behind weak exports : GTRI
NEW DELHI : The reasons behind India’s weaker export performance include higher tariffs in India and lower tariffs in its FTA partner countries, think tank Global Trade Research Initiative (GTRI) said in a report
Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi rebels targeted a Singapore-flagged Maersk container,
Inchcape Shipping Services acquires major stake in Leth Suez Transit
LONDON : UK-based shipping servicer Inchcape Shipping Services has announced an investment for a majority stake in Leth Suez Transit (LETH) to strengthen operations. Through the acquisition, LETH aims to use Inchape’s global network
Mawani” promoted the Kingdom’s leadership with investment projects worth 13 billion riyals in 2023
RIYADH : During 2023, the Saudi Ports Authority “Mawani” strengthened the maritime and logistics sectors, contributing to the Kingdom’s exceptional leaps in international indicators and solidifying its position as a global logistics center. These
MoCI seeks exporters’ inputs on reducing compliance burden
NEW DELHI : The Commerce and Industry Ministry(MoCI) has asked export promotion councils and other industry bodies to give specific inputs on measures to reduce regulatory compliances and streamline processes further and also share