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November 30, 2023

Hosur to get multimodal cargo terminal : Union Railway Minister Ashwini Vaishnaw

Logistics, Logistics Park, Railway, Terminals, Trending News
BENGALURU : Union Minister for Railways Shri Ashwini Vaishnaw announced plans for a multi-modal cargo terminal in the Hosur region to enhance logistical support for industries. Speaking to the media after visiting the Tata
November 30, 2023

Chipmaking proposals worth $8-12 bn of investments in the pipeline : IT Minister Ashwini Vaishnaw

Technology, Business, Global Trade, Trade, Trending News
BENGALURU : At least three semiconductor units, including packaging and fabrication, will bring in a cumulative investment of $8 billion – $12 billion under the government’s capex-linked incentive scheme for the chip industry in
November 30, 2023

SPPL Rail Terminal felicitated Top Performers of SHIVAM PFT – SUKHPUR at 2nd Annual Award Function

Logistics, Business, Infrastructure, Railway, Trade, Trending News
AHMEDABAD : SPPL Rail Terminal held its 2nd Annual Award Function on Saturday, 25th November to felicitate the Top Performers of SHIVAM PFT PVT LTD. – SUKHPUR (HALVAD) for the year 2022-23 in the
November 30, 2023

Third Chinese ship carrying crane docks at Vizhinjam International Seaport

Ports, Private Port, Shipping, Trending News
THIRUVANANTHPURAM : The third Chinese vessel, carrying six-yard cranes from Nantong, China, docked at the under-construction Vizhinjam International Seaport in Kerala on Monday. The vessel, Zhen Hua 24, reached the port without any interruptions,
November 30, 2023

DP World launches dedicated rail freight service connecting Hazira to Delhi and NCR

Logistics, Company, Railway, Trade, Trending News
SURAT : DP World, a leading global provider of smart end-to-end supply chain solutions, flagged off a first-of-its-kind dedicated rail freight service, ‘SARAL’ from Hazira in Surat, Gujarat, to the North Capital Region (NCR).
November 30, 2023

Anglo-Eastern signs an MoU with DG Shipping India

International Shipping, Maritime, Shipping, Trending News
MUMBAI : Anglo-Eastern Group, the Hong Kong-headquartered ship management conglomerate, has signed an Memorandum of Understanding (MoU) with the Directorate General of Shipping of India (DG Shipping) to add at least 1,000 Indian seafarers
November 30, 2023

Finance Ministry may assume nominal GDP growth at 11% for FY25

Economy, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher than the estimate for 2023-24, a
November 30, 2023

India ahead of rest of Asia : India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24

EXPORT, Business, COMMERCE, Export - Import, Import, Trade, Trending News
NEW DELHI : India’s Merchandise Exports were up 6.2 per cent YoY in October 2023 and 2.4 per cent on YoY basis in Aug-Oct’23 period, recovering slightly ahead of the rest of Asia’s exports,
November 30, 2023

Manmade fibre textiles exports to rise 75% by 2030 : Textile industry

EXPORT, Trade, Trending News
NEW DELHI : Buoyed by the Production Linked Incentive (PLI) Scheme and free trade agreements with the UAE and Australia, the industry expects India’s exports of manmade fibre (MMF) textiles to increase 75% to $11.4 billion in 2030 from around
November 30, 2023

India unlikely to meet FY24 Seafood export target of $9.25 billion

EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : India is unlikely to meet its seafood export target worth $9.25 billion for FY24. Though there has been a slight improvement in exports in the last couple of months, the overall
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