January 7, 2026
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India’s budget seen raising import duties by 5%-10% on dozens of items: Sources

January 20, 2021 Trade, Trending News
NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three Government sources said according to Reuters. The

Global trade to recover faster from pandemic than 2008 financial crisis, survey shows

January 20, 2021 Trade
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a

Global trade to recover faster from pandemic than 2008 financial crisis, survey shows

January 20, 2021 Trade
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a

Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi

January 20, 2021 Trade, Trending News
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as BPCL prefers to wait for the

OOIL announces Operational Update for the Q4 2020; Volumes rise 24%, Revenues rises 51% (YoY)

January 19, 2021 Trade
HONG KONG: For the fourth quarter ended 31st December 2020,Oriental Overseas International Limited (OOIL) total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0

Lankan trade unions remain opposed to Adani Group investment in Colombo Port

January 18, 2021 Trade
Sri Lankan port trade unions on Thursday said they were not convinced with the proposal of Indian multinational company Adani Group and its partners buying 49 per cent stake in the Eastern Container Terminal

Budget 2021: Share in Merchandise Exports must be raised from 1.67% to 5% : CII

January 18, 2021 Trade, Trending News
NEW DELHI: Considering that exports have emerged as a significant growth driver and have the potential to boost economic recovery, the country’s share in world merchandise exports needs to be raised to five percent

DP World lays foundation stone for Free Trade Zone in Mumbai

January 13, 2021 Trade, Trending News
MUMBAI: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The Rs 1000 Cr DP World FTZ investment comes under the Hindustan

New Foreign Trade Policy will be rolled out from April 1, says govt

January 13, 2021 Trade, Trending News
India’s new Foreign Trade Policy, under formulation, will come into effect from April 1, 2021 for five years and will strive to make the country a leader in international trade, the government said on

UAE reopens airspace, land & sea borders with Qatar

January 11, 2021 Trade
The United Arab Emirates’ (UAE) Ministry of Energy & Infrastructure has informed in a Circular that the UAE has decided to end all measures taken against Qatar and reopen its airspace, land and sea
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