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November 28, 2023

India’s Steel Trade deficit hits ₹1,600 Cr in April-October as export pressure persists

EXPORT, Trade, Trending News
NEW DELHI : The continued fall in export demand saw India report a trade deficit in steel shipments (value of imports exceeding exports) for the second consecutive year. Trade deficit stood at ₹1,594 crore
November 28, 2023

Karnataka granite units face closure as exports slump following Israel-Hamas war, other reasons

Trending News, EXPORT, Trade
BENGALURU : The raging war between Hamas and Israel is the latest crisis to hit the already-troubled granite industry in Karnataka. The flourishing export business had an unprecedented slump during the pandemic and was slowly recovering
November 28, 2023

Biden to convene new supply chain council to strengthen US logistics

Logistics, Global Trade, International Shipping, Trade, Trending News
WASHINGTON : President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event to announce 30 actions to improve access to medicine and needed economic data
November 28, 2023

Wan Hai splashes out US$37 million on new containers

International Shipping, Shipping Line, Trending News
TAIWAN : Wan Hai Lines has embarked on new container orders, after a hiatus of about a year. The Taiwanese intra-Asia carrier announced on 23 November that it has ordered 20,350 containers from Dong
November 28, 2023

DP World cuts carbon emissions in UAE using renewable energy

Trending News, Foreign Ports, International Shipping, Maritime
DUBAI : This year, DP World reduced its carbon footprint in the United Arab Emirates (UAE) by almost 50% by utilising renewable energy from the Dubai Electricity and Water Authority (DEWA). DEWA has issued
November 28, 2023

Japan-US container exports near 55,000 TEUs in October

EXPORT, Global Trade, International Shipping, Trending News
TOKYO : Japan’s container exports to the United States reached 54,409 TEUs in October, translating to a 7.9% increase over the same month in 2022. On the other hand, they fell 10% from the
November 27, 2023

Gujarat CM visits Yamanashi Hydrogen Company in Japan, invites it to Vibrant Gujrat Summit

Trade, Company, Trending News
YAMANASHI : Gujarat Chief Minister Shri Bhupendra Patel, who is on a tour to Japan ahead of the Vibrant Gujrat Summit, visited Yamanashi Hydrogen Company and discussed at length the potential the green hydrogen energy sector has
November 27, 2023

Adani Group H1 EBITDA up 48 per cent y-o-y, expects to cross ₹70,000 crore in FY24

Trade, Business, Company, Trending News
AHMEDABAD : The Adani Group’s lis­ted com­pan­ies ended the half year of FY24 with a 48 per cent rise in EBITDA at over ₹32,000 crore and, accord­ing to sources, expect to end the full
November 27, 2023

APEDA facilitates cashew exports on National Cashew Day to Bangladesh, Qatar, Malaysia and USA

EXPORT, Global Trade, Trade, Trending News
NEW DELHI : The Agricultural and Processed Food Products Development Authority (APEDA), an organization under the Ministry of Commerce, Government of India, played an instrumental role as an export facilitator and flagged off its
November 27, 2023

Coal imports to India in October 2023 reached highest levels in nearly a year and a half

Import, Trade, Trending News
NEW DELHI: In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2022 and an increase of 43.5% year on
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