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May 6, 2023

Shantanu Thakur flags off Indian Direct Shipping Service between Tuticorin to Maldives, at V.O. Chidambaranar Port

Ports, Shipping, Trending News
THOOTHUKUDI : Minister of State for Ports, Shipping and Waterways, Shri Shantanu Thakur flagged off the vessel ‘M.V. MSS Galena’ from V.O. Chidambaranar Port, as the Direct Shipping Service between Tuticorin to Maldives, at
May 6, 2023

Govt receives 9 EoIs for Rs 41,000 Cr Int’l transshipment port project at Great Nicobar Island

Maritime, Ports, Trending News
NEW DELHI : The ports ministry has received expressions of interest (EOIs) from nine players for the Rs 41,000 crore international transshipment port project at Great Nicobar Island in the Bay of Bengal, a
May 6, 2023

Major Ports see cargo traffic rise by 1.30% in April

Ports, Trending News
NEW DELHI : India’s major ports saw a bare 1.30 per cent rise in cargo traffic in April to 65.87 million tonnes (mt), driven primarily by an increase in coal – both coking and thermal
May 6, 2023

India-U.S. partnership is the defining moment of the 21st century: Piyush Goyal

Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Textiles and Consumer Affairs, Food & Public Distribution Shri Piyush Goyal said that the India-U.S. partnership is the defining moment of the 21st century and
May 6, 2023

Times ahead are tough, challenging: Goyal to exporters

EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Wednesday said the times ahead are going to be tough and challenging and exporters should show their capabilities in such situations to increase shipments. He
May 6, 2023

10th Land Port between India & Bangladesh inaugurated in Meghalaya

Ports, Trending News
SHILONG : Meghalaya’s State Minister for Home Affairs Shri Nityanand Rai on Thursday inaugurated the 10th land port between India and Bangladesh at Dawki, said a news report by DD News. Speaking at the inaugural
May 6, 2023

PM Gati Shakti to trigger relocation of firms in China to India : Nimbus Post CEO

Logistics, Trending News
GURUGRAM : The implementation of the PM Gati Shakti plan in a few years will nudge several China-based firms to relocate to India, supported by lower logistics and supply chain costs, according to Yash
May 6, 2023

Exports did reasonably well, need services boost to hit $2 trillion: National University of Singapore’s Amitendu Palit

EXPORT, Trade, Trending News
SINGAPORE : India’s export sector has done reasonably well in the past year despite global headwinds like supply-chain disruptions and slowing economies, says Amitendu Palit, Senior Research Fellow and Research Lead (Trade & Economic
May 6, 2023

Rouble-rupee trade plan between Russia and India hits a roadblock over conversion issues

Trade, Business, COMMERCE, Export - Import, Trending News
NEW DELHI : The rupee-rouble trade between India and Russia may hit a roadblock with traders finding the currency conversion after pegging it with the US dollar cumbersome and expensive, one official and two traders said,
May 6, 2023

Dealing with EU’s carbon tax is high on the agenda : DGFT

DGFT, Trending News
NEW DELHI : Decision on ways to deal with European Union’s move to introduce Carbon Border Adjustment Mechanism (CBAM) is high on the agenda of Department of Commerce, said Santosh Kumar Sarangi, Director General,
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