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September 28, 2023

DGFT opens registration of companies seeking to import IT hardware

Trending News, DGFT, Import, Trade
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has opened the window for registration of companies seeking to import IT hardware such as laptops and tablets, with a one-week target for approval of an application. As
September 28, 2023

Govt exempts 5% integrated GST on ocean freight imports from October 1

Trade, COMMERCE, Import, Trending News
NEW DELHI : The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1. The Finance Ministry has notified changes to the
September 28, 2023

India and US discuss opportunities to further strengthen interoperability, logistics cooperation

Logistics, Trade, Trending News
WASHINGTON : Underscoring the transformative momentum in the India-US relationship, officials of the two nations held discussions on opportunities to further strengthen interoperability and logistics cooperation. During the India-US 2+2 Inter-sessional Dialogue held here
September 28, 2023

World Maritime Day 2023 highlights marine environment protection

Maritime, International Shipping, Ports, Trade, Trending News
LONDON : IMO’s commitment to the preservation of the marine environment underlined on World Maritime Day 2023. This year sees the 50th anniversary of the adoption of the International Convention for the Prevention of
September 28, 2023

Maritime sector at pivotal decarbonisation moment, says UNCTAD

Maritime, Trending News
GENEVA : Shipping has reached a decisive moment in the green transition process with the UN trade body UNCTAD calling on the industry to establish a global regulatory framework, adopt a market-based measure (MBM)
September 28, 2023

‘Vivad Se Vishwas Scheme’ approves over 10,000 claims worth Rs 256 Crore for MSMEs within six months of launch

EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : In a significant development benefiting Micro, Small, and Medium Enterprises (MSMEs), various Ministries and Departments of the Government of India have approved over 10,000 claims from MSMEs under the Vivad se
September 28, 2023

India to have fastest GDP Growth among major economies : Reuters poll

Trade, Business, Economy, Trending News
LONDON : India’s gross domestic product (GDP) is expected to grow 6.2% in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year, according to a Reuters poll. Asia’s
September 28, 2023

COSCO Energy and COSCO Bulk issue first eBLs with GSBN

International Shipping, Shipping Line, Trade, Trending News
SHANGHAI : Global Shipping Business Network (GSBN) announced that COSCO SHIPPING Energy Transportation (COSCO Energy) and COSCO SHIPPING Bulk (COSCO Bulk) have joined the consortium as members and successfully issued the first electronic bills
September 28, 2023

Kuehne+Nagel and Capgemini agree to join forces to deliver an end-to-end supply chain capability

Logistics, Company, Trade, Trending News
PARIS/SCHINDELLEGI : Kuehne+Nagel and Capgemini announced that they have entered into a strategic agreement to create an industry-leading supply chain orchestration service offering to provide end-to-end services across the supply chain network. This will
September 28, 2023

Remote-controlled robot uncovers $80 million cocaine shipment hidden in ship’s hull at Port Melbourne

Foreign Ports, Shipmanagement, Technology, Trending News
MELBOURNE : A shipment of approximately 200 kilograms of cocaine was discovered hidden within a ship’s hull with the help of a remote-controlled robot. The estimated value of the seized drugs is around $80
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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