Key infra sector growth rises to 14-month high of 12.1% in August
NEW DELHI : The growth of eight key infrastructure sectors rose to a 14-month high of 12.1 per cent in August 2023 against 4.2 per cent a year ago, mainly due to expansion in
CBIC canvasses support for India’s candidature for TIR Executive Board (TIRExB), elections for which are to be held in Geneva on 11th October 2023
NEW DELHI : The Central Board of Indirect Taxes and Customs, Ministry of Finance, in association with the Ministry of External Affairs organised an event in New Delhi yesterday for ambassadors and delegates from
Government waives export taxes on Bangalore rose onions
NEW DELHI : The Finance Ministry exempted export of Bangalore rose onion from duty with immediate effect, subject to certain conditions, as per a notification issued on Friday. If the exporter provides a certificate from the state horticulture
Locus onboards Supply Chain Veteran Nagaraju KB as Advisor
BANGALURU : Locus, a market-leading dispatch management SaaS company, has announced the onboarding of Nagaraju KB (KBN), Ex-BigBasket’s Chief Customer Experience Officer, as a Strategic Advisor. KBN brings a wealth of experience and expertise
TVS SCS to enhance profitability through strategic asset sale
CHENNAI : TVS Supply Chain Solutions Limited (TVS SCS), a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, announced the sale of Circle
Container freight rates to hit 2016 levels
HONG KONG : Overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report from consultant Linerlytica. Asia to Europe rates are already below 2019 levels
Box lines revise services in Europe
LONDON : Aiming to optimise and improve their network, several container lines have announced changes in their European services. First of all, CMA CGM has decided to revise its GTL service again. According to
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
BEIJING : Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was 203.7 million TEUs, while for the