GENEVA : The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new report, “Trade and Development Foresights 2025 –
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. The main index, which tracks rates for capesize, panamax and supramax
GANDHIDHAM : Kandla Deendayal Port Authority (KDPA) is setting ambitious targets after achieving a milestone of handling 150.16 million tonnes of cargo in the financial year 2024-25, exceeding its own target. KDPA Chairperson Sushil
NEW DELHI : NITI Aayog launched a report on Hand and Power tools sectors – ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’. The report underscores the transformative potential of hand
NEW DELHI : India’s exports grew marginally by 0.7 % to $41.97 billion in March, while the trade deficit stood at $21.54 billion in the month, the latest government data showed on Tuesday (April
NEW DELHI : The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo movement on National Waterways. For the fiscal year 2024-25, IWAI
NEW DELHI : India’s overall exports grew by a healthy 5.5% in FY 2024-25, reaching USD 820.93 billion, reflecting the resilience of the export sector amid rising global geopolitical tensions and trade disruptions. FIEO
AHMEDABAD : Gujarat is making a significant resurgence in India’s textile export market. The state has been the nation’s second-largest exporter of textiles in the last five years. In 2023–2024, Tamil Nadu continued to
NEW DELHI : India remains hopeful of closing negotiations of the proposed bilateral trade agreement with the US “as quickly as possible” and is stepping up efforts to close free trade agreements with other
NEW DELHI : Freight costs have risen by double digits as exporters rush to lock down consignments amid uncertainties over reciprocal tariffs by the US. Shipping companies and Indian exporters are also bracing for a potential container