February 11, 2025
May 23, 2026
February 11, 2025
Significant reduction in gold smuggling after import duty slash : CBIC Chairman
NEW DELHI : Gold smuggling has reduced significantly since July 2024 when the government slashed import duty on the precious metal to 6%, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal
February 11, 2025
Indian container markets prices surge
MUMBAI : India’s container market is experiencing tailwinds, with average prices for 40-foot high-cube cargo-worthy containers reflecting a promising trajectory across key ports, including Chennai, Mundra, and Nhava Sheva on a year-on-year (YoY) basis.
February 11, 2025
Delhivery appoints former Airtel Global CEO Vani Venkatesh as Chief Business Officer
GURGAON : Delhivery on Friday announced that it has appointed former Global CEO of Airtel, Vani Venkatesh as Chief Business Officer, with effect from 28th Feb 2025. Vani Venkatesh brings in over two decades of experience across
February 11, 2025
Govt bans export of raw human hair if price below $65 per kg
NEW DELHI : The government on Monday imposed export ban on raw human hair if the prices are below $65 per kg, according to a notification. In January 2022, the government imposed restrictions on
February 11, 2025
Suez Canal Chief expects traffic recovery to start by end-March
EGYPT : Suez Canal Authority Chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by mid-year, as long as the Gaza
February 11, 2025
Asia-US container rates tick lower; shippers frontloading cargoes on tariff pause
LONDON : Rates for shipping containers from Asia to the US ticked lower this week, although they could see upward pressure from shippers pulling forward volumes ahead of the 30-day tariff freeze, while rates
February 11, 2025
Marsa Ocean Shipping aquires two new container vessels
DUBAI : Marsa Ocean Shipping, a Dubai-based feeder carrier, has expanded its fleet with the acquisition of two new container vessels, increasing its total number of ships to six. The newly acquired Marsa Ivy
February 11, 2025
Baltic index falls as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates. The index, which factors in rates
February 10, 2025