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January 29, 2024

Adani Group to continue container operations at Krishnapatnam Port

Ports, Business, Shipping, Trending News
NELLORE : Adani Krishnapatnam Port Limited (AKPL) clarified through a statement on Sunday, that the container operations at the Krishnapatnam Port will continue operations, in spite of protests by the Telugu Desam Party led
January 29, 2024

Adani Ports and Mundra creates national record by handing 16,596 TEUs on single vessel

International Shipping, Ports, Trending News
MUMBAI : APSEZ Mundra, one of the key facilities of Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India, has once again etched its name in maritime history
January 29, 2024

CBIC celebrates International Customs Day-2024 with theme of ‘Customs engaging traditional and new partners with purpose’

Customs, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday celebrated the International Customs Day- 2024 here. This year, the World Customs Organisation (WCO) has dedicated the International Customs Day
January 29, 2024

India negotiating trade facilitation pact with 10 countries currently : CBIC Chairman

Customs, COMMERCE, Trade, Trending News
NEW DELHI : In a bid to facilitate faster customs clearance for traders, India is currently negotiating Mutual Recognition Agreements (MRAs) with 10 countries, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay
January 29, 2024

Government will soon come up with new MSME policy: Sridhar Babu

EXPORT, Trade, Trending News
TELENGANA : Minister for IT and Industries D. Sridhar Babu said the government would soon come up with a new MSME policy and will try to focus on integrating the growth of Social Entrepreneurship
January 29, 2024

Exports from SMP Kolkata facing several challenges due to surging freight rate, rice ban and also geopolitical turmoil

EXPORT, Global Trade, Ports, Shipping, Trending News
KOLKATA : Exports from SMP Kolkata (Kolkata Port), a Gateway to Eastern India, are facing several challenges including, geopolitical tension, a government-imposed rice export ban and skyrocketing ocean freight costs, which could lead to
January 29, 2024

Indian Railways & India Post introduce New Parcel Policy – ‘JPP-RCS’

Logistics, Railway, Trending News
NEW DELHI : The government has finalised a new parcel policy that will be executed jointly by the Indian Railways and the Department of Posts, as it seeks to capture a larger share of
January 29, 2024

Red Sea route accounts for 50% country’s exports, 30% of imports

Export - Import, International Shipping, Maritime, Trending News
NEW DELHI : The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30 per cent of imports last fiscal, will
January 29, 2024

Red Sea : Houthi attacks put pressure on Cairo

International Shipping, Maritime, Trending News
YEMEN : Houthi attacks on international ships in the Red Sea have hit Egypt especially hard. As vessels have begun to avoid the strait between the Arabian Peninsula and northeastern Africa, and thus the passage through the Suez Canal,
January 29, 2024

Longer disruptions at Red Sea trade route may hurt auto, electronics production : GTRI

International Shipping, Maritime, Trade, Trending News
Longer disruptions at the crucial Red Sea trade route may hurt manufacturing lines of some sectors like electronics, automobiles, chemicals, consumer goods and machinery, economic think tank GTRI said on Sunday. The Global Trade
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