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July 6, 2021

CIL says rake of 4k tonne coal left for Bangladesh; first after export restriction lifted last month

EXPORT, Trending News
NEW DELHI ; In less than a month of Coal India Ltd tweaking its e-auction coal sale policy lifting the restriction on export of its coal procured by domestic coal purchasers under two e-auction
July 6, 2021

Egypt opens strategic Mediterranean naval base to secure shipping lanes

Shipping, Trending News
EGYPT : Egyptian President Abdel Fattah al-Sisi opened a strategic naval base on the Mediterranean Sea to “secure shipping lines,” the presidency said. “It is the latest Egyptian military base on the Mediterranean, and
July 5, 2021

Suez Canal says deal reached to free seized vessel

International Shipping, Trending News
CAIRO : The Suez Canal Authority on Sunday said it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway for nearly
July 5, 2021

Exporters’ refund: RoDTEP outlay may be raised by Rs 4,000 crore

Trending News, Export - Import
NEW DELHI : The government will likely raise the allocation for its flagship export tax refund scheme — Remission of Duties and Taxes on Exported Products (RoDTEP) — by a third this fiscal, amid
July 5, 2021

Mundra Port to gain in short run due to partial DFC rollout: JNPT Chairman

Ports, Trending News
MUMBAI : Jawaharlal Nehru Port Trust (JNPT) Chairman Sanjay Sethi says once the railways’ Dedicated Freight Corridor (DFC) project is partially rolled out (646 km stretch between Rewari in Haryana to New Palanpur in Gujarat),
July 5, 2021

INDIA’S Merchandise Trade : Preliminary Data, June 2021

Export - Import, Trending News
NEW DELHI : India’s merchandise exports in June 2021 was USD 32.46 billion, an increase of 47.34%  over USD 22.03 billion in June 2020 and an increase of 29.7% over USD 25.03 billion in
July 5, 2021

Bharat Freight’s arm wins deal to run India-funded Sittwe port in Myanmar

Logistics, Trending News
MUMBAI : A to Z EXIM Limited, a unit of Mumbai-based Bharat Freight Group, has won a contract from the government to operate, maintain and develop the port and inland water transport terminals at
July 5, 2021

DPT concluded ‘Aazadi Ka Amrut Mahotsav’ celebration

Ports, Trending News
GANDHIDHAM : On the concluding day of “16th week of Aazadi ka Amrut Mahotsav” celebrations, DPT Employees performed Skit on patriotic themes. S/Shri C. Harichandran, Secretary & B. Bhagyanath, FACAO, were present to grace
July 5, 2021

Exporting units of SEZs should be incentivised on degree of value addition: TPCI

EXPORT, Trending News
NEW DELHI : Exporting units in the Special Economic Zones (SEZs) should be incentivised on the degree of value addition it brings to a product in order to boost outbound shipments and attract investments
July 5, 2021

Members and stakeholders provide new impetus to future WCO work on cross-border e-commerce

Customs, Trending News
BELGIUM : World Customs Organization (WCO) held its Second Global Conference on Cross-Border E-Commerce on 28 and 29 June 2021, which was organized with the financial support of the Customs Cooperation Fund of Japan
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