Cross-border payments for MSMEs: Will it empower India’s exports?
NEW DELHI : Facilitating seamless cross-border payments for MSMEs is a pivotal factor in propelling them towards achieving 60% of the formidable $2 trillion export target by 2030. In
Govt considering several measures to help revive Special Economic Zones
NEW DELHI : The government is considering several measures such as a flexible framework for sale of products manufactured in special economic zones (SEZs) in the domestic market,
Centre cuts windfall tax on domestic crude sales, diesel exports
NEW DELHI : The union finance ministry on Thursday lowered the windfall tax on the sale of domestic crude oil to ₹6,300 a tonne, according to an official notification.
New tax refund scheme for exports faces US, EU action
NEW DELHI : At least two Indian products are facing anti-subsidy action in the form of countervailing duty (CVD) in the US and EU due to their use
FedEx delivered over $80 Billion in direct impact to the Global Economy in FY 2023: Annual Economic
MUMBAI : FedEx Corp. released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). Produced in
CMA CGM, World’s no. 3 container carrier warns against price war
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global
Solar-powered cruise ships to operate on Saryu River in Ayodhya
AYODHYA : Vikas Malviya, the Director of Varanasi-based Alaknanda Cruise, said that his company will offer the service. Equipped with state-of-the-art facilities, the ‘Ramayana’ vessels will aim to spread the
Mawani, CMA CGM Group launch $129 million logistics park at Jeddah Islamic Port
RIYADH : The Saudi Ports Authority ‘Mawani’ and CMA CGM on Wednesday launched a new logistics park at Jeddah Islamic Port, with a total area exceeding 130,000 square
The Port of Felixstowe hosted its deepest container ship
FELIXSTOWE : A container ship has set a new record for the deepest draft, or maximum depth of a vessel, to call at the Port of Felixstowe. The
MSC and Ferrovie dello Stato Italiane sign MoU on development of Intermodal Hubs across Italy
GENEVA : MSC and FS Italiane have agreed to form a new company specializing in intermodal transport and logistics, to design, build and operate new cargo terminals at