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September 11, 2025

AI Technology and innovation to drive India’s growth story: Piyush Goyal at 58th Convocation of IIFT

Technology, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Artificial Intelligence, technology and innovation will be the driving forces of India’s growth story, said the Union Commerce and Industry Minister,Shri Piyush Goyal while addressing the 58th Convocation Ceremony of the
September 11, 2025

DGFT introduces correction facility for limited amendments in DFIAs such as measurement units, HS codes, and import values

Export - Import, Economy, Finance, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has introduced a correction facility for certain limited amendments in Duty Free Import Authorisations (DFIAs). The directorate, invoking powers under Paragraphs 1.03
September 11, 2025

Auto retail sector key interface between consumers and industry: Piyush Goyal

Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : The automobile retail sector is the interface between consumers and the industry, responsible for ethical marketing, providing good quality service, fair financing and insurance terms, and smooth registration processes stated Union
September 11, 2025

Exim Bank of India sees Central Asia as key growth market to soften US tariff hit

Export - Import, COMMERCE, Company, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : India’s trade with Central Asia has quadrupled over the past decade but vast untapped potential remains, Harsha Bangari, Managing Director of the Export-Import Bank of India (India Exim Bank), said on
September 11, 2025

EU could absorb bulk of India’s US-bound exports if trade deal comes through

Export - Import, COMMERCE, Finance, Global Trade, Trade, Trending News
NEW DELHI : The European Union could shoulder much of India’s US-bound exports if a trade deal is finalised quickly, a Moneycontrol analysis shows. In 2024, India exported $79.4 billion worth of goods to
September 11, 2025

Vizhinjam’s emergence as a viable transhipment port offers an existing alternative to Nicobar

Maritime, Infrastructure, Ports, Shipping, Transhipment Port, Trending News
THIRUVANANTHAPURAM : In June, just over a month after the inauguration of Kerala’s Vizhinjam International Seaport, the facility achieved a significant milestone by welcoming the MSC Irina, among the world’s largest and most fuel-efficient
September 11, 2025

Saudi Ports’ transshipment jumps 15% in August

International Shipping, Foreign Ports, Global Trade, Trending News
JEDDAH : Saudi Arabia’s ports handled a surge in transshipment activity in August, with volumes climbing 14.7 percent year on year to 189,407 twenty-foot equivalent units, underscoring the Kingdom’s rising role as a global
September 11, 2025

Rhenus to invest $20 Million USD to drive Business Growth in Philippines with strategic expansion in Infrastructure and Services

International Shipping, Company, Logistics, Trade, Trending News, Warehousing
MANILA: With more than 100 years of experience in the freight forwarding industry, the German-based Rhenus Group has developed a strong network worldwide and is set to strengthen its presence in the Philippines. The
September 11, 2025

Fukui and ClassNK sign MOU at Gastech 2025

International Shipping, Classification Society, Maritime, Technology, Trending News
MILAN: Fukui Seisakusho Co., Ltd. and ClassNK have signed an MOU (Memorandum of Understanding) for joint consideration of ultra-high pressure safety relief valves designed for the use in hydrogen dual-fuel engines, and hosted a
September 11, 2025

KR approves ‘IMO Type-C Tank Design Based on Engineering Critical Assessment’ Jointly Developed by HD Hyundai Mipo and HD KSOE

International Shipping, Classification Society, Maritime, Ship Building, Shipping Line, Trending News
MILAN: KR (Korean Register) has awarded Approval in Principle (AIP) to HD Hyundai Mipo and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for their IMO Type-C tank design applying Engineering Critical Assessment (ECA).
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