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October 4, 2024

WCO participates at the XLIV Annual Customs Director’s Meeting from Latin America, Spain and Portugal

Customs, Global Trade, Trade, Trending News
BRUSSELS : At the invitation of Mexico’s Head of the National Customs Agency, Mr Andre Foullon Van Lissum in his role as permanent secretary of COMALEP (The Multilateral Agreement for Cooperation and Mutual Assistance
October 3, 2024

PM Modi welcomes Jamaican PM Holness for progressing bilateral relations

Trade, Economy, Global Trade, Trending News
NEW DELHI : Hailing India-Jamaica ties, Prime Minister Shri Narendra Modi said on Tuesday that the relations between the two nations is based on a shared history, and added that Prime Minister Andrew Holness has
October 3, 2024

Piyush Goyal discusses investment avenues with existing and potential US investors

Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW YORK : The Union Minister of Commerce and Industry, Shri Piyush Goyal, commenced his four-day visit to the United States on September 30, 2024. Minister Goyal began the tour with discussions with existing
October 3, 2024

How India’s green hydrogen ambition could help meet global sustainability goals

Maritime, Economy, Trade, Trending News
India’s Economy is set for significant expansion as it fulfils the needs and ambitions of its growing population. This will create a substantial surge in energy demand over the next two decades – it is projected to increase
October 3, 2024

India’s current account deficit widens to 1.1% of GDP at $9.7 bn in Q1FY25 : RBI

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The Reserve Bank of India (RBI) released a report titled “India’s Balance of Payments Developments during Q1FY25” on September 30, 2024, detailing India’s current account deficit (CAD) for the first quarter
October 3, 2024

Thousands of dockworkers shut down US east coast ports in major strike

International Shipping, Foreign Ports, Global Trade, Maritime, Trending News
NEW JERSEY : Tens of thousands of dockworkers have gone on strike across the US East Coast, shutting down key ocean shipping routes – and raising concerns about shortages and inflation – in the
October 3, 2024

Smartphones become India’s largest product export to the US, overtaking diamonds

EXPORT, Business, Global Trade, Trending News
NEW DELHI : Smartphones, primarily driven by Apple Inc’s iPhones, have emerged as India’s largest product export to the United States, surpassing non-industrial diamonds in value over the past three quarters. Smartphone exports reached
October 3, 2024

India can emerge as a hub for green shipbuilding: DNV

Maritime, Ship Building, Trending News
NEW DELHI : India has “great potential” to emerge as a hub for green shipbuilding, backed by the government’s strong focus on alternative fuels and renewable energy, a maritime industry expert said on Wednesday.
October 3, 2024

NLDSL unveils ULIP Hackathon 2.0, ‘Track Your Transport’ App to Tackle Key Challenges in Logistics

Export - Import, Logistics, Trade, Trending News
NEW DELHI : NICDC Logistics Data Services Ltd (NLDSL) announces the launch of Unified Logistics Interface Platform (ULIP) Hackathon 2.0, a competitive event aimed at fostering innovation and developing digital solutions to tackle pressing
October 3, 2024

Cybersecurity threats for Ports – An Unsettling Picture

International Shipping, Foreign Ports, Global Trade, Infrastructure, Maritime, Shipping Line, Technology, Trending News
HAMBURG : Christina Prieser, Associate Partner at HPC moderated the forum which delivered an unsettling message that potential disruption through malicious cyber attacks on ports’ IT infrastructures will only increase in the future. Among
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