NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment in Foreign Direct Investment (FDI) policy on space sector. Now, the satellites sub-sector has been divided into three different activities
NEW DELHI : In a world increasingly fraught with conflict and uncertainty, the necessity for diversified connectivity routes has never been more critical. At the heart of this strategic pivot is India’s External Affairs
THIRUVANANTHPURAM : A team of officials from the ministry of environment, forest and climate change has begun a study to assess the environmental impact of phase II and phase III of Vizhinjam International Seaport.
DUBAI : DP World unveiled plans for Bharat Mart, a Dubai marketplace set to open in 2026 that will offer a world-class trading platform for Indian manufacturers and exporters to access global markets. DP
PARIS : France seeks to promote a first meeting to advance IMEC, the India-Middle East-Europe Economic Corridor from Europe to India via Israel, Jordan, Saudi Arabia and the UAE. President Emmanuel Macron has appointed
LONDON : The International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of the world merchant fleet, launches a set of ‘Industry principles for establishing effective measures
HAMBURG : Hapag-Lloyd is implementing tariff rate adjustments for shipments from the Indian Subcontinent to North Europe. These adjustments will come into effect for sailings commencing on 6 March 2024 and will remain valid
MARSEILLE : French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe, Scandinavia, Poland, Baltic, East & West Mediterranean,
JEBEL ALI : DP World, one of the world’s largest port operators, has started the construction of its new agri-terminals complex at Jebel Ali Port as part of efforts to bolster the UAE’s food security. The company
MUMBAI : Escalated freight and insurance costs may well be here to stay even as freight forwarders continue to explore alternatives to the crisis-hit Red Sea shipping route, according to TVS Supply Chain Solutions Executive