NEW DELHI : Tweaking of PLI tenure on the table; Incentives for white goods PLI will start flowing in the last quarter of FY24: Secretary The recent drop in foreign direct investment (FDI) in India was
NEW DELHI : The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, Junior Finance Minister Bhagwat Karad said on Monday. India’s fiscal
NEW DELHI : India is more open to granting duty concessions on electric vehicles (EVs) through the Free Trade Agreement (FTA) route with specific nations, a person directly aware of the matter said. This
MOROCCO : An expansion of more than a million TEU (Phase 2) was delivered at APM Terminals Tangier MedPort, Morocco. The expansion covers 18 Hectares, with seven additional container stacks and an additional 400
It was a midsea moment of pure terror for the All-Indian crew of the MT Strinda. Their ship had just been fired upon by Yemen’s Houthi rebels. Now the Houthis were demanding that the
NEW DELHI : Industry is bracing for a 30% rise in freight and insurance costs, and delays of around 15 days for consignments to reach Europe, with global shipping majors avoiding the Red Sea and Suez Canal.
KOCHI : The International Container Transhipment Terminal (ICTT) operated by DP World in Cochin has announced the arrival of two cutting-edge STS (Ship-to-Shore) Mega Max cranes at its terminal. This strategic move aligns seamlessly
KOLKATA : Sectoral Workshop on Logistics and Supply Chain organized by Department of Technical Education and Skills Development, Government of West Bengal, on 16th Dec 23 at Biswa Bangla Mela Prangan, Kolkata.Being a part
SHANGHAI : Shanghai International Port Group (SIPG) and Evergreen have signed cooperation Memorandum of Understanding (MoU) for green methanol supply and refueling at Shanghai Port. According to the agreement, SIPG will provide green methanol purchase, supply
ZULU Associates, with its subsidiary, Anglo Belgian Shipping Company Ltd, have revealed the concept design of their 200 TEU short sea container vessel, the ZULU MASS, featuring an auxiliary wind assistance system. This vessel is