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World Economic Forum : India took 60 years to become a trillion-dollar economy, but can reach next trillion in next 2 years

May 26, 2023 Economy, Business, COMMERCE, Trade, Trending News
NEW DELHI : India took 60 years to become a trillion-dollar economy but it may reach the next trillion in the next two years, President of the World Economic Forum, Borge Brende has said.

India to remain fastest growing G20 economy for the next few years: Moody’s

May 26, 2023 Economy, Business, COMMERCE, Trade, Trending News
NEW YORK : US credit rating agency Moody’s on Tuesday gave a thumbs up to India’s growth story, estimating that India’s Gross Domestic Product already crossed the $3.5 trillion-mark in 2022. Moody’s added that India

NITI Aayog to hold 8th Governing Council Meeting

May 26, 2023 Trade, Economy, Trending News
NEW DELHI : NITI Aayog will be organising its 8th Governing Council Meeting on the theme of ‘Viksit Bharat @ 2047: Role of Team India’ on May 27, 2023, at the new Convention Centre in

Indian businessman in UAE announces Dh13.4 million (approx INR 30 crores) reward for employees, families as his company turns 25

May 26, 2023 Business, Company, CSR, Trade, Trending News
SHARJAH : An Indian company marked its 25th anniversary by announcing a Rs 300 million (Dh13.4million) reward for its employees and their families. Sharjah-headquartered Aries Group of Companies also flew in the parents of

MOVIN to have 16 hubs by next March

May 26, 2023 Logistics, Company, Trending News
MUMBAI : MOVIN Express Pvt Ltd, a logistics joint venture between UPS and InterGlobe Enterprises, is fast expanding its hubs across the country. Within one year of starting the operations, the company has set

E-Commerce to get tax refunds at par with other exports : DGFT

May 26, 2023 EXPORT, Trade, Trending News
NEW DELHI : The ministry of commerce is in talks with regulators and other departments to put in place systems that will level the field between exports through  and traditional channels, when it comes to

Nikolaus H. Schües elected BIMCO President

May 26, 2023 International Shipping, Trade, Trending News
LONDON : BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as President at the organisation’s general meeting in Hong Kong on Thursday 25 May 2023. Nikolaus H.

Mongolia is looking for coking coal supplies to India

May 26, 2023 Export - Import, Global Trade, Trending News
ULAANBAATAR : Mongolia is keen to tap India as a probable partner for supply of coking coal and has reportedly approached the Steel Ministry to explore probable tie-ups, those familiar with the developments said.

Sri Lanka to lift import controls on 100 items: Minister

May 26, 2023 Trending News, Economy, Export - Import, Global Trade
COLOMBO : Sri Lanka plans to lift import controls on 100 items which were banned during forex shortages in the past two years, which was hurting small and medium industries, State Minister for Finance

AD Ports Group & Vale to jointly develop low-carbon mega hubs for steel industry

May 26, 2023 Foreign Ports, Trade, Trending News
ABU DHABI : AD Ports Group the leading facilitator of global trade, logistics and industry, announced today the signing of a Memorandum of Understanding (MoU) with the world’s largest producer of iron ore and
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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