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December 9, 2023

Cabinet clears 7 railway projects to add 2,339 km to existing network

Railway, Infrastructure, Trade, Trending News
NEW DELHI : The Union Cabinet on Wednesday cleared seven railway projects with an estimated cost of Rs 32,500 crore, which will add 2,339 km to the existing network covering states namely Uttar Pradesh, Bihar, Jharkhand,
December 9, 2023

Adani Ports to exceed FY24 guidance of 390 MMT

Ports, Company, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, will exceed its guidance of 370-390 million metric tonne (MMT) for FY24 and is on track to cross 500
December 9, 2023

Defence Ministry signs deal with TCIL worth Rs 588 Cr for digital coast guard project

Trending News, Defence, Maritime, Ports
NEW DELHI : The Ministry of Defence has sealed a contract with Telecommunications Consultants India Limited (TCIL) to boost India’s digital armed forces, said the ministry on Friday. The Rs 588.68-crore contract aims to
December 9, 2023

India and Oman have started talks on FTA

Trade, Business, COMMERCE, Export - Import, Global Trade, Trending News
NEW DELHI : India’s exports to Oman could soon get duty concessions with the two sides having begun talks for a Free Trade Agreement. Mineral fuels, inorganic chemicals, compounds of precious metals and iron
December 9, 2023

Logistics firm NECC bags order worth Rs 52 crore from state-run GAIL

Logistics, Company, Trade, Trending News
NEW DELHI : Transport and logistics company North Eastern Carrying Corporation Ltd (NECC) has bagged an order from the state-run Gas Authority of India (GAIL India Ltd). The company said in a regulatory filing
December 9, 2023

Southern spinning sector seeks Central and State Governments’ urgent relief measures to sustain livelihood of families

Trending News, Business, COMMERCE, EXPORT, Global Trade, Import, Trade
CHENNAI : The Southern States, particularly Tamil Nadu, Andhra Pradesh and Telangana that account around 55% of the spinning capacity in the country have been facing a long-drawn recession during the last 18 months
December 9, 2023

COSCO SHIPPING issues 100.000th electronic Bill of Lading, GSBN wins Digital Trade Gold Award at Global Digital Trade Expo

International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
SHEN ZHEN : COSCO SHIPPING has issued the 100,000th blockchain-based Electronic bill of lading to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines. Since the beginning of this year, COSCO SHIPPING has reportedly provided
December 9, 2023

‘One Orpheus’, a container ship crashes in Suez Canal

International Shipping, Maritime, Shipping Line, Trending News
EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control of its steering and collided with
December 9, 2023

Govt banned export of Onions till March 31, 2024 : DGFT

EXPORT, Trade, Trending News
NEW DELHI : The government has banned exports of onion till March next year with a view to increase domestic availability and to keep prices in check. “Export policy of onions… is amended from
December 9, 2023

MacGregor has received a significant order to supply comprehensive RoRo equipment to Höegh Autoliners’ four PCTC vessels

International Shipping, Maritime, Trending News
HELSINKI : MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora class Pure Car and Truck Carriers (PCTCs) for Höegh
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