India’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent.
NEW DELHI : India’s overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022. Overall imports in
India trade deficit in April falls to lowest in 21 months
NEW DELHI : India’s merchandise and services trade deficit fell to a 21 month low in April partly due to lower oil imports, a senior government official said on Monday. The merchandise and services deficit fell to $1.38 billion compared with
Rahul Pillai & Transworld International floats new venture disrupting Indian Relocation Market
BANGALORE : Rahul Pillai, the former CEO of Interem Relocations for India and Middle East, which is a subsidiary of the 200 million-dollar Freight Systems Group, has unveiled the plans to join hands with
30 countries now ready to accept BRICS currency
SHANGHAI : A growing number of countries are showing interest to join the BRICS Alliance and accept the new currency. BRICS could soon become BRICS+ as the South African Ambassador, Anil Sooklal hinted that
DP World inks agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport
DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will boost the deal as part of
A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Bangladesh
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
HMM Q1 profits plunge 91%
SEOUL : HMM reported a first quarter profit for 2023 of KRW285bn ($212m) a drop of 91% compared to the same period in 2022. Revenues for Q1 2023 were KRW2.08trn some 58% lower than the first
Yang Ming’s first quarter profit exceeds US$110 million
TAIWAN : Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the Taiwanese ocean carrier, the demand in the