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January 16, 2025

Piyush Goyal launches National Turmeric Board 

EXPORT, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its first Chairperson. The headquarters of the
January 16, 2025

India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Budget for Export Boost

EXPORT, Business, COMMERCE, Export - Import, Finance, Policy, Trade, Trending News
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,
January 16, 2025

India’s first E-Commerce Export Hub to launch by March : DGFT

EXPORT, COMMERCE, Economy, Logistics, Logistics hub, Trending News, Warehousing
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot launch for these hubs has been
January 16, 2025

India’s Trade deficit shrinks to $21.94 Billion in December

Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India’s trade deficit dropped to $21.94 billion in December, improving from November’s $32.84 billion, driven by higher exports and lower imports. Merchandise exports rose to $38.01 billion in December from $32.11
January 16, 2025

Minister of Textiles inaugurates India Pavilion at Heimtextil 2025, Frankfurt

EXPORT, Economy, Global Trade, Trade, Trending News
FRANKFURT : India showcased its growing strength in the textile industry as the Hon’ble Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, held at Messe Frankfurt. With the largest country participation at
January 16, 2025

India and Oman hold 5th round of talks for FTA

Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : India and Oman are holding the fifth round of talks for a proposed Free Trade Agreement(FTA) here to boost bilateral economic ties, an official said on Tuesday. The two-day talks started
January 16, 2025

Major drivers of merchandise exports growth in December 2024 include Electronic Goods, Engineering Goods, Rice, RMG of all Textiles and Cotton Yarn

Export - Import, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : India’s total exports (Merchandise and Services combined) for December 2024* is estimated at USD 70.67 Billion, registering a positive growth of 0.92 percent vis-à-vis December 2023.Total imports (Merchandise and Services combined)
January 16, 2025

Blue Dart launches India’s largest low-emission logistics hub in Delhi

Logistics, COMMERCE, Company, Logistics hub, Trade, Trending News
NEW DELHI : Express Services operator Blue Dart has unveiled a state-of-the-art integrated logistics hub in Bijwasan, Delhi, to bolster air and ground connectivity in India’s northern region. Strategically located near the Dwarka Expressway
January 16, 2025

DHL E-Commerce sets sights on capturing 25% of India’s E-Com cargo market

Logistics, COMMERCE, Economy, Finance, Trending News, Warehousing
HYDERABAD : About 8 per cent of E-Commerce (ecom) shipments in India are being handled by Blue Dart right now and the company aims to increase the share to about 25 per cent in
January 16, 2025

MSC sets Walvis Bay as transshipment hub

International Shipping, Foreign Ports, Shipping Line, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has announced an update to its North West Continent (NWC) to South Africa service and the launch of two additional services, solidifying the Port of Walvis Bay as
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