CIMC profit rockets 1,161% as container sales quadruple
SHANGHAI : Net profit of China International Marine Containers (CIMC) for the first nine months of the year swelled 1,161% year-on-year to US$1.36 billion, as the world’s largest container maker recorded its best result
India received record FDI in last 7 years, trend to sustain: Piyush Goyal
NEW DELHI : India attracted record foreign direct investment over the last several years and the trend is expected to continue, considering the major structural reforms being undertaken by the Government, Commerce and Industry
Rate reduction could take 18-30 months, reports Sea-Intelligence
The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has analysed the composite China Containerized Freight Index (CCFI) to see how quickly freight rates could
Exports jump 43% to $35.65 billion in October,imports soar 62%
October Exports up by 35.16% over same month last year, Imports jump by 57.32% Overall Exports April-Octoberrise by 39.83%, Imports leap by 63.64 % NEW DELHI : India’s overall exports (Merchandise and Services combined)
Hapag-Lloyd’s profit skyrockets to US$6.7 billion in first nine months
HAMBURG : Hapag-Lloyd‘s profit skyrockets to US$6.7 billion ,it has concluded the first nine months of 2021 with an EBITDA of US$8.2 billion, while the EBIT was also much higher than in the prior-year
Adani Group might be a ‘partner of choice’ for global business eyeing green infrastructure
Data centre infrastructure, green hydrogen to drive the future growth for Group, hints Gautam Adani AHMEDABAD : Amidst the climate change concerns, Adani Group, with its capabilities in green energy hopes to become a
RBI chief Shaktikanta Das says,tax cut on fuels significantly positive for inflation management
NEW DELHI : Reserve Bank Governor Shaktikanta Das awared about upside risks to the 5.3 per cent inflation forecast for the current fiscal, saying the recent cut in excise duty on diesel and petrol
How digitalisation supports trade collaboration
LONDON : In these times of innovation and rapidly advancing digital technology, staying relevant has never been more important. Digitalisation is becoming increasingly important in our everyday lives and especially in facilitating trade. This