May 24, 2026
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April 5, 2024

PM Modi sets ambitious India economic goals for probable third term

EXPORT, Business, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Indian Prime Minister Shri Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government
April 5, 2024

SMP, Kolkata registered all time high record cargo handling in 2023-24 since 1870

Export - Import, Logistics, Ports, Shipping, Trade, Trending News
KOLKATA : In its 154-year history, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata), including Kolkata Dock System (KDS) and Haldia Dock Complex (HDC), achieved a milestone in the fiscal year 2023-24 by handling 66.4
April 5, 2024

Celebrating India’s Maritime Heritage : India celebrates 61st National Maritime Day today

Maritime, Shipping, Trending News
NEW DELHI : April 5th is a vital day on the Indian calendar, marking the celebration of National Maritime Day. This annual observance holds profound importance as it commemorates a pivotal moment in our
April 5, 2024

Over 90% DFCs are operational, 138 km to be added by April-end

Logistics, Infrastructure, Railway, Trade, Transport, Trending News
NEW DELHI : Indian Railways have disclosed that more than 90 percent of the expansive 2,843 km Dedicated Freight Corridor (DFC) is now operational. This significant milestone includes complete coverage of the eastern segment
April 5, 2024

India’s Merchandise Exports may reduce despite expecting double-digit growth in March

EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Merchandise exports from India for the financial year 2023-24 (FY24) may show a contraction of around 1-1.5 per cent after two consecutive years of growth, even as March is likely to
April 5, 2024

India has set a target of $12 billion Marine exports in the next 2 years

EXPORT, Marine, Trade, Trending News
NEW DELHI : The Government of India aims to increase its marine product exports to $12 billion in the next two years by increasing its processing capacity and shifting to higher-value-added products. In 2022-23,
April 5, 2024

Commerce Ministry shifts focus to push fresh fruits and vegetables to US and EU

EXPORT, Trade, Trending News
NEW DELHI : With an export ban in place on rice and wheat, the Union Commerce Ministry has shifted its focus to exports of agricultural products including fresh fruit and vegetables to new destinations,
April 5, 2024

Exporters unable to leverage rupee depreciation to boost export order value

EXPORT, Trade, Trending News
NEW DELHI : Despite the rupee hovering around 83.40 to the dollar, exporters are not able to leverage the price competitiveness to boost exports due to a paucity of foreign exchange with India’s major export destinations,
April 5, 2024

DP World and Brazilian railway operator to build new terminal at Santos

International Shipping, Foreign Ports, Logistics, Railway, Terminal, Trade, Trending News
SAO PAULO : DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes of grains and fertilizers per year.
April 5, 2024

Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama

International Shipping, Maritime, Shipping Line, Trending News
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto Uchida served as godmother and christened
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