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November 23, 2023

Extend shipbuilding aid for 10 years beyond 2026 : Maritime AmritKaal Vision

Ship Building, Maritime, Trending News
NEW DELHI : A state aid offered by the government to local shipbuilders for a ten-year period that ends in March 2026 is set to be extended with the Maritime AmritKaal Vision 2047 unveiled
November 23, 2023

GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Ship Building, Maritime, Shipping, Trade, Trending News
KOLKATA : Prominent defence shipyard Garden Reach Ship-builders and Engineers (GRSE) Ltd on Wednesday entered into a Memorandum of Understanding (MoU) with Shift Clean Energy (Shift), Seatech Solutions International (Seatech), and the American Bureau
November 23, 2023

Samsung, Apple mobile phones help boost electronic goods exports: DGFT

DGFT, Business, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : Director General of Foreign Trade (DGFT) Shri Santosh Kumar Sarangi on Wednesday said that there has been an “exponential” jump in exports of electronics goods from India and that rising exports
November 23, 2023

Another risk of supply-chain disruption taking shape after Covid and Ukraine war

Maritime, Export - Import, Global Trade, International Shipping, Logistics, Trade, Trending News
MUMBAI : Geopolitical risks to global trade and economy refuse to abate. After Covid and the Ukraine war ravaged global supplies, creating energy and food crises in many parts of the world, another risk has started
November 23, 2023

India set for strong growth and Macro-Stability in FY24

Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : India is expected to end FY24 with strong growth and macroeconomic stability, although inflation and the impact of external factors on the rupee could pose risks, the finance ministry said in
November 23, 2023

DGFT; Allows India-UAE TRQ holders to import Gold via IIBX and obtain physical delivery through IFSCA-Registered Vaults in SEZs

DGFT, Global Trade, Import, Trade, Trending News
NEW DELHI : The DGFT vide Notification No. 44/2023 dated November 20, 2023, has amended the import policy conditions for Gold under HS Code 71081200 in Chapter 71 of Schedule I (Import Policy) of ITC
November 23, 2023

Around 38 lakh weddings in next one month can add business of Rs. 40,000 Crore for Textile industry

Trade, Business, COMMERCE, Trending News
NEW DELHI : In the next one month, India will have around 38 lakh weddings and it can bring cheer to apparel retailers as well, as a big chunk of wedding expenditure is also
November 23, 2023

MSC reshuffles Santana Service rotation

International Shipping, Shipping Line, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has adjusted the port rotation of its Santana Service. Effective from the sailing of vessel MSC Benedetta, voyage number 348, the revised rotation will be: Yantian – Ningbo
November 23, 2023

Maersk to wind down operations in Syria

International Shipping, Shipping Line, Trending News
COPENHAGEN : A.P. Moller – Maersk has informed that after careful consideration and a thorough evaluation of available options, the Company has decided to formally wind down our operations in Syria effective 1st December
November 22, 2023

MoPSW plans to operate Sea Planes in Andaman and Lakshadweep

Maritime, Ports, Trending News, Water Transport
NEW DELHI : According to the official, the Union Ministry of Ports, Shipping and Waterways (MoPSW) will be setting up the infrastructure across Andaman and Lakshadweep islands which include floating navigation systems, water-aerodromes, among
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