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February 5, 2024

Union Budget 2024-25 : Infrastructure Allocation and Economic Corridors in Focus

Trade, Economy, Infrastructure, Trending News
NEW DELHI : The Interim Budget effectively lays the groundwork for the forthcoming general budget post the Lok Sabha elections. Finance Minister, in her short speech, identified with the cause of a vote on
February 5, 2024

India-Middle East-Europe Corridor is a strategic, economic game changer for India and others

Trade, Economy, Trending News
NEW DELHI : Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman said that the recently announced India-Middle East-Europe Economic Corridor is a strategic and economic game changer for India and others. While
February 5, 2024

With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO

EXPORT, Trade, Trending News
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure
February 5, 2024

MSME shipyard in Gujarat builds 25 tonne Bollard Pull Tug for Indian Navy

Maritime, Ship Building, Trending News
BHARUCH : The Indian Navy on Friday took delivery of the first 25 tonne Bollard Pull Tug, Mahabali, built at the Shoft Shipyard Pvt Ltd (SSPL), an MSME based in Bharuch, Gujarat, marking another
February 5, 2024

Vizhinjam Port set to commence operations by Dec; Adani requests immediate payment of Rs 1200 cr

Ports, Trade, Trending News
THIRUVANANTHAPURAM : The Kerala government has informed that the construction works of Vizhinjam Port will be completed by May this year. As per the announcement, the port will become operational from December 2024. However,
February 5, 2024

JSW Infrastructure Q3 profit doubles on higher cargo volumes, tariffs

Ports, Private Port, Trending News
MUMBAI : Private port operator JSW Infrastructure reported a more-than-two-fold surge in third-quarter profit on Friday, boosted by a rise in cargo volumes and higher tariffs. The company’s consolidated net profit rose to Rs
February 5, 2024

Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official

Export - Import, International Shipping, Logistics, Trade, Trending News
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are
February 5, 2024

Exporters not traceable, customs broker can’t be held liable after issuance of ‘Let Export Orders’: Delhi High Court

EXPORT, Customs, Trade, Trending News
NEW DELHI : The Delhi High Court has held that as a customs broker, the petitioner cannot be held liable because exporters were not traceable after the issuance of ‘Let Export Orders‘ and the export of
February 5, 2024

India seeks greater market access for steel, rice, shrimp from S Korea

EXPORT, Trade, Trending News
NEW DELHI : India has sought greater market access for certain products such as steel, rice, and shrimp from South Korea with a view to boost exports of these goods, an official said. These
February 5, 2024

BRICS holds $45 Trillion in wealth after Saudi Arabia joins

Trade, Trending News
RIYADH : In what is certainly a key byproduct of the alliance’s expansion, BRICS now holds $45 trillion in combined wealth after Saudi Arabia joined. Indeed, the economic alliance introduced five new countries that are set
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