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January 2, 2024

High import duties; resisting pressure to open agri sector imp to ensure India’s food security: GTRI

Export - Import, Economy, Import, Trade, Trending News
NEW DELHI : Maintaining high import duties on sensitive agri commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its
January 2, 2024

Mobile phone exports at Rs 75,000 cr till Nov, on way to cross Rs 1,24,000 cr in 2024

EXPORT, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year, industry
January 2, 2024

5 ways AI will transform logistics in 2024

Logistics, Economy, Technology, Trade, Trending News
BENGALURU : As we stand on the cusp of 2024, the sector is poised for significant transformations, driven by technological advancements and a heightened focus on sustainability. Before beginning the new year, it’s imperative
January 2, 2024

Indo-Australia ECTA boosts engineering exports, despite import surge

Trending News, EXPORT, Global Trade, Trade
NEW DELHI : One year after the India-Australia Economic and Trade Cooperation Agreement (ETCA) came into effect, engineering exports to Australia reached USD 944 million in April-November 2023-24, a 3 per cent increase. However,
January 2, 2024

Jakson Green gears up for first Green Hydrogen Electrolyser soon

Trending News, EXPORT, Maritime, Ports
NEW DELHI : Jakson Green is set to make waves in the Green Hydrogen sector. In just a few months, they’ll ship their first green hydrogen electrolyzer, marking a significant step towards a cleaner
January 2, 2024

Gujarat will get 11 more new greenfield airports in next five years

Trending News, Aviation, Business, Economy, Logistics
GANDHINAGAR : The Government of Gujarat signed an MoU with the Airports Authority of India (AAI), which includes the expansion of nine existing airports and construction of eleven new greenfield airports. The state government
January 2, 2024

ZIM increases rates from Med and Black Sea to USEC, Gulf, Canada and Mexico

International Shipping, Logistics, Shipping Line, Trade, Trending News
HAIFA : ZIM announced new increased rates from the West Mediterranean ports to all ports in the United States East Coast, Gulf, Canada and Mexico. The new rates were published in ZIM’s Tariff update
January 2, 2024

Maersk suspends vessels’ passage in Red Sea strait for 48 hours after attack on Maersk Hangzhou

International Shipping, Defence, Maritime, Shipping Line, Trending News
COPENHAGEN : Maersk, one of the world’s largest shipping companies, on Sunday (Dec 31) said that it was suspending the passage of its vessels through a significant Red Sea strait for 48 hours after
January 2, 2024

UK is ready to attack Houthi rebels, says UK Defence Secretary

International Shipping, Defence, Export - Import, Logistics, Maritime, Trade, Trending News
LONDON : Britain is considering air strikes on Houthi rebels as the Defence Secretary, Mr. Grant Shapps warns that the UK will not hesitate to take “direct action” over their attacks on cargo ships in
December 30, 2023

AM/NS India signs ₹16,000-cr investment deal with Gujarat Govt

Logistics, Company, Maritime, Ports, Private Port, Ship Building, Trade, Trending News
GANDHINAGAR : Steel-manufacturer ArcelorMittal Nippon Steel India Ltd (AM/NS India) has signed Memorandum of Understanding worth ₹16,000 crore with the Gujarat government. The agreements include an investment for the construction of a ship-building and repair facility
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