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July 29, 2024

Long vessel queue forms at Chattogram Port

International Shipping, Export - Import, Foreign Ports, Shipping Line, Trade, Trending News
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from
July 29, 2024

Saudi Red Sea Authority trains over 1,000 Nationals for Coastal Tourism market

International Shipping, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Tourism, has implemented two pioneering initiatives that focuses on training human resources in luxury coastal resorts and travel agencies to meet
July 27, 2024

Sagarmala Projects : Transforming Andhra Pradesh with more than Rs.7000 Crore Investment

Shipping, Maritime, Ports, Ship Building, Trending News
NEW DELHI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, addressed a starred question in the Lok Sabha raised by Shri Krishna Prasad Tenneti and Shri Y S Avinash Reddy
July 27, 2024

‘Indian shipyards secured orders worth Rs 10,500 cr for building ships in last 8 years’ : Sonowal

Ship Building, Ports, Shipping, Shipyards, Trending News
NEW DELHI : The Centre’s Shipbuilding Financial Assistance Policy has helped Indian shipyards to secure both domestic and export orders for building ships to the tune of approximately Rs 10,500 crore since 2016, according
July 27, 2024

Ashwini Vaishnaw says Rs 15,940 crore allocated for Maharashtra projects, 250 new suburban services to be introduced in Railway Budget 2024

Railway, Economy, Finance, Trade, Trending News
NEW DELHI : The Indian Railways is all set to introduce 250 new suburban services in Mumbai in the next five years, build new mega terminals, and redesign the rail network for seamless travel in India, Railways
July 27, 2024

India says it plans to simplify GST rate regime in coming months

Customs, COMMERCE, Economy, Export - Import, Finance, Trade, Trending News
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said. “Too many rates in goods and
July 27, 2024

Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports

Container, Container Terminal, Export - Import, Logistics, Ports, Shipping, Trade, Transport, Trending News
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the heavy rains over the past seven
July 27, 2024

Worldwide Shipping companies focussing their attention to Kerala’s Vizhinjam Port

International Shipping, Global Trade, Maritime, Ports, Trending News
THIRUVANANTHAPURAM : The maritime world is abuzz with the recent developments at Vizhinjam Port, where some of the globe’s leading shipping companies are gearing up for operations. This southern Indian port is emerging as
July 27, 2024

Angel tax abolition to further ease funding winter for Indian startups

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.The
July 27, 2024

Union Budget 2024 – A catalyst for India’s logistics and economic growth : Vineet Agarwal

Export - Import, COMMERCE, Economy, Infrastructure, Logistics, Trade, Trending News
The Union Budget 2024 like earlier years continues to set upward trajectory for the Indian economic landscape. Infrastructural development and fiscal prudence being the major considerations in the approach, it is set to have
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