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March 7, 2024

India’s P&I Club for Coastal shipping likely to start on domestic waters

Marine Insurance, Coastal Shipping, Inland Waterways, Trending News
NEW DELHI : The Ministry of Ports, Shipping and Waterways has spoken to several insurers to allay concerns and iron out details of its proposal to set up a domestic protection and indemnity (P&I)
March 7, 2024

India’s GDP growth in FY24 will exceed 7.6% and may be closer to 8% : RBI Governor  

Trade, Economy, Global Trade, Trending News
NEW DELHI : Reserve Bank of India Governor Shaktikanta Das said on Wednesday that the Indian Economy is poised to surpass the Central government’s Second Advance estimate of 7.6 percent growth for the ongoing
March 7, 2024

Asyad Shipping and LR join forces for the group’s ESG Strategy & first ESG Report

International Shipping, Maritime, Shipping Line, Trade, Trending News
OMAN : Asyad Shipping, part of Asyad Group, and Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first ESG (Environmental, Social and Governance) report, in line with the established Global
March 7, 2024

South Gujarat farmers start benefitting from DFCs

DFC, Container Terminal, Logistics, Trending News
SURAT : A goods train exclusively for carrying Chiku (sapota) fruits of South Gujarat to Delhi arrived at New Ancheli station of the Western Dedicated Freight Corridor of Indian Railways. 350-tonne Chikus were loaded
March 7, 2024

Nashik to host Maharashtra’s third Multi-Modal Logistics Park as NHAI invites bids for Rs 336 Crore Project

Logistics, Infrastructure, Logistics Park, Trade, Transport, Trending News
NASHIK : Close on the heels of awarding the contract for the development of Maharashtra’s inaugural Multi-Modal Logistics Park (MMLP) in Nagpur, the NHAI has now invited bids to construct a MMLP in Nashik.
March 7, 2024

Dedicated jetty to be built for Lakshadweep at Mangaluru Old Port

Ports, Trade, Trending News
MANGALURU : The tender process for the construction of a dedicated jetty for the handling of cargo and a cruise terminal for ships bound for Lakshadweep at the Old Port of the city has
March 7, 2024

UK delegation visits India for proposed trade agreement talks

Trade, Global Trade, Trending News
NEW DELHI : With the negotiations for the proposed India-UK Free Trade Agreement (FTA) reaching the last leg, a British delegation is here to iron out differences on remaining issues, sources said. The chief
March 7, 2024

APEDA facilitates exposure visit of Farmer Producer Organizations to UAE; aim to unlock region’s vast agricultural and food product export opportunities

EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, is actively driving initiatives to enhance the contribution and share of
March 7, 2024

India’s diamond exports may hit 5-year low in FY’24 to $15-16 billion

EXPORT, Global Trade, Trade, Trending News
NEW DELHI : India’s cut and polished diamond (CPD) exports are expected to hit a five-year low in 2023-24 with a dip of around 25-30 per cent to USD 15-16 billion, according to a
March 7, 2024

Houthis attack two US warships in Red Sea with naval missiles and drones

International Shipping, Maritime, Trending News
YEMEN : Yemen‘s Iran-aligned Houthis carried out a military operation in which they targeted two US warship destroyers in the Red Sea, the group’s military spokesman, Yahya Sarea, said in a televised speech on
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