IMF raises India’s Growth forecast to 6.3% for FY24
NEW DELHI / LONDON : The International Monetary Fund has raised India’s growth forecast on higher consumption even as the global economy is estimated to slow down. The IMF projects India’s GDP to grow
With 8% growth, India’s contribution to global GDP would almost be on par with China by 2028 : Barclays
NEW DELHI : In order for India to become the biggest driver for global growth, even overtaking China, it would need to target an 8 percent growth, according to Barclay’s analysts, India’s growth has
WCO participates in 2023 FIATA World Congress – Fostering Collaboration and Advancing Trade
BRUSSELS : From 3 to 6 October 2023, the WCO actively participated in the 2023 FIATA World Congress. The International Federation of Freight Forwarders Associations (FIATA), a Member of the WCO Private Sector Consultative
Advisory for Trade regarding Check introduced for the Shipping Bill in reference to Nature of Contract
NEW DELHI : The Directorate General of Systems and Data Management, CBIC has issued an Advisory dated October 06, 2023, for Trade regarding the Check introduced for the Shipping Bill in reference to the Nature of
DGFT releases detailed procedure for the Automatic System-Based Issuance of Status Holder Certificate (e-SHC) without exporter application requirement
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has issued Trade Notice No. 28/2023-24 dated October 9, 2023, outlining the detailed procedure for the automatic system-based issuance of Status Holder Certificates (e-SHC). This
China touts its Belt and Road infrastructure lending as an alternative for international development
BEIJING : China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled
Deputy Prime Minister of Viet Nam welcomes participants to the 2023 WCO Technology Conference
HANOI : The 2023 WCO Technology Conference and Exhibition has kicked-off in Ha Noi, Viet Nam. Under the theme “Embracing the Digital Age: Leveraging Technology, Fostering Innovation, and Nurturing the Next Generation of Customs
Israel conflict : Adani Ports says monitoring Haifa port situation
HAIFA : The stock price of Adani Ports was down 5 percent after the day’s closing on October 9 over mounting concern for the fate of the Haifa Port, which the Gautam Adani-led Company controls in northern Israel