How rail freight is powering India’s express delivery future
NEW DELHI : India’s thriving economy relies heavily on its express delivery sector, which has long been dependent on road transport. Yet, the industry is undergoing a significant transformation, driven by the imperatives of
Red Sea crisis : Kanpur exporters hold back ₹100 crore-worth consignments
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance
Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to North America
HAMBURG : Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the United States and Canada West Coast effective 18 January 2024. Hapag-Lloyd
Transactions in rupee-mode not successful for payment of oil imports
NEW DELHI : India’s push for rupee to be used to pay for import of crude oil has not found any takers as suppliers have expressed concern on repatriation of funds and high transactional
Saving Suez : As Red Sea attacks threaten global trade, what it means for India
NEW DELHI : The strait of Bab-el-Mandeb, which means the gate of grief in Arabic, is living up to its name for shippers and traders across the world, as it turns the Israel-Palestine war
India supports free movement of commercial shipping: MEA
NEW DELHI : Emphasising India’s support for free movement of commercial shipping, Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi while referring to the ongoing attacks in the Red Sea, said that this is
Adani Gangavaram Port achieves another milestone by berthing deepest draft vessel
VISAKHAPATNAM : Adani Gangavaram Port the deepest and the most modern port in the country today achieved another milestone by berthing the deepest draft vessel at the port. The vessel MV TRUE COURAGE with
Exports becoming less vulnerable to world demand changes : CEA
NEW DELHI : India’s Exports are becoming less vulnerable to changes in world demand and to changes in relative prices, the office of Chief Economic Adviser (CEA) said in a collection of essays named