Goods demand slowing, global growth outlook likely to weaken : Report
NEW DELHI : Growth in global goods demand likely weakened to 1.5 per cent year-on-year (Y-o-Y) in May, according to a report by Axis Bank Research on Wednesday.
Toshiba JSW appoints Daisuke Murata as its new Managing Director
TOKYO : Toshiba JSW Power Systems, the joint venture between Japan’s Toshiba Group and India’s JSW Group, announced Wednesday that it has appointed Daisuke Murata as its new
India’s seafood exports touch all-time high by volume in FY 2023-24
NEW DELHI : India’s seafood exports touched an all-time high in volume during the financial year 2023-24 despite various challenges in significant export markets. India shipped 17,81,602 MT
Indian Railways to extend North-East connectivity via Bangladesh and Nepal
NEW DELHI : The Indian Railways will look to connect the North East with rest of the country through two neighbouring countries – Bangladesh and Nepal – thereby reducing travel time to the
Lulu Malls makes top bid of Rs. 519.41 crore for Chankheda based plot in AMC’s e-auction
AHMEDABAD : Lulu International has purchased a 66,168 square meter commercial plot from the Ahmedabad Municipal Corporation (AMC) at a cost of Rs. 519.41 crore. The plot is
HMM introduces new rate increase from India to Mediterranean
SEOUL : HMM India has announced a new General Rate Increase for shipments from India to North Continental Port and Mediterranean ports. The Indian branch of the South
Maersk announces fresh PSS implementation worldwide
COPENHAGEN : Maersk will adjust the Peak Season Surcharge (PSS) for shipments from Oceania to several destinations worldwide from 1 July 2024. This adjustment applies to dry containers
Attorneys for Baltimore seek to keep crew members from bridge collapse ship from returning home
BALTIMORE : Attorneys are asking a federal judge to prevent crew members on the cargo ship Dali from returning to their home countries amid ongoing investigations into the
DPA Kandla surpasses handling of 30MMT cargo
GANDHIDHAM : Deendayal Port Authority(DPA) has successfully surpassed the handling of 30 million metric tonnes (MMT) of cargo in 1st quarter itself. This significant milestone not only marks
APSEZ leads global associates in market value as cargo volumes surge
AHMEDABAD : Adani Ports & Special Economic Zone Ltd.’s market capitalisation has climbed to about $37 billion, overtaking peer Beijing-Shanghai High Speed Railway Co. Rising cargoes and entry
