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May 7, 2024

India’s April services exports growth near record high

EXPORT, Economy, Trade, Trending News
BENGALURU : Growth in India’s dominant services industry softened in April but remained sturdy on robust domestic and foreign demand, lifting business confidence to a three-month high, a survey showed on Monday. The HSBC
May 7, 2024

4th Session of India-Ghana Joint Trade Committee held in Accra

Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : A seven-member delegation from India led by Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Amardeep Singh Bhatia accompanied by High Commissioner of India to
May 7, 2024

India in global markets – from spice route to e-commerce exports

EXPORT, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : Trade is the building block of society and the lifeblood of civilizations. Trade played a profound role in influencing history and shaping societies which goes far beyond just economic benefits. The
May 7, 2024

Supreme Court dismisses MSME plea against 45-day credit extension rule

Export - Import, Trade, Trending News
NEW DELHI : The Supreme Court on Monday declined to hear a challenge by micro, small and medium enterprises (MSMEs) against Section 43B(h) of the Income Tax Act rule that restricts them from extending
May 7, 2024

ICG detains Iranian boat, with six Indians onboard, off Kerala coast

Maritime, Navy, Shipping, Trending News
KOCHI : The Indian Coast Guard (ICG) detained an Iranian fishing vessel, with six Indian crew, west of Beypore off the coast of Kerala late on May 05, 2024. The swift sea-air coordinated operation
May 7, 2024

CMA CGM to strengthen and reshuffle its Africa lines – India Middle East Gulf services

International Shipping, Shipping Line, Trending News
MARSEILLE : CMA CGM announced the revamping of its India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1: Coega will be added to the rotation offering
May 7, 2024

Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%

International Shipping, Shipping Line, Trending News
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and
May 7, 2024

Lakshadweep Government ignores Beypore and starts more ship services to Mangaluru

Ports, Shipping, Trending News
KOZHIKODE : Ties between Beypore Port and Lakshadweep appear to be eroding as the island government has resumed passenger ship services to Mangaluru. Citing inadequate infrastructural facilities at Beypore port, the Lakshadweep government has
May 7, 2024

Cosco Shipping launches world’s first battery-electric container ship

International Shipping, Shipping, Shipping Line, Trending News
SHANGHAI : Chinese shipping giant COSCO Shipping launched the world’s first 10,000-DWT pure electric container ships, which it developed and constructed at the Heavy Industry Shipyard at Yangzhou. The ‘Green Water 01’ and its
May 7, 2024

BRICS : Major crash for US Economy has begun : Experts

Economy, Business, Global Trade, Trade, Trending News
SHANGHAI : With the BRICS Alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the author of the widely acclaimed book Rich
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