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June 17, 2024

G7 Summit commits to promote IMEEC

Global Trade, Associationn, COMMERCE, Economy, Infrastructure, Trending News
APULIA/ITALY : The Group of Seven (G7) industrialised nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor (IMEEC) in the G7 Summit Communique issued at the end of the three-day
June 17, 2024

India’s major ports’cargo handling up 6% to 72 million tonnes in May

Ports, Shipping, Trending News
NEW DELHI : According to provisional and advance estimates data released by the Ministry of Ports, Shipping, and Waterways for April-May 2024-25, cargo handled at major ports increased by 4.02 per cent year-on-year (Y-o-Y)
June 17, 2024

Gautam Adani meets Tanzanian President Samia Suluhu for probabilities of a ‘long-term partnership’

Ports, Business, Company, Global Trade, Trending News
TANZANIA : Billionaire industrialist Gautam Adani met Tanzanian President Suluhu Samia and discussed the possibilities of forging a long-term partnership with “one of Africa’s most promising nations”. “It was an honour to meet the
June 17, 2024

DPIIT assesses infrastructure projects of Railways, MoRTH and MoHUA to boost Gati Shakti scheme

Customs, COMMERCE, Economy, Railway, Trade, Transport, Trending News
NEW DELHI : The 72nd meeting of the Network Planning Group (NPG) reviewed three major infrastructure projects under the Prime Minister’s Gati Shakti National Master Plan (NMP), a national master plan for multi-modal connectivity.
June 17, 2024

Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs

Fuel, Infrastructure, LNG, Logistics, Transport, Trending News
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as
June 17, 2024

Indian textile exports surge 9.59% in May 2024, overcoming global challenges

EXPORT, COMMERCE, Economy, Trending News
NEW DELHI : Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous
June 17, 2024

CBIC mounts campaign against frauds committed in the name of Indian Customs

Customs, Economy, Trade, Trending News
NEW DELHI : Various incidents have come to light through news portals/social media platforms of fraudulent persons posing as Indian Customs officers cheating the public of their hard-earned money across the country. These frauds
June 17, 2024

Opportunities and Challenges in Road Logistics & Indian Trucking Industry

Logistics, Infrastructure, Rail Freight, Transport, Trending News
By Mr. Gurdeep Singh, Chairman & Founder, Jujhar Group India’s burgeoning e-commerce sector is revolutionizing the logistics landscape, creating a fertile ground for the growth of road logistics. By 2027, the Indian road logistics
June 17, 2024

Ocean freight rates in rough waters on congestion, Red Sea crisis

Container, EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices
June 17, 2024

Zero Emission Port Alliance (ZEPA) onboards leading organisations in container port industry

International Shipping, Container, Foreign Ports, Maritime, Trending News
ROTTERDAM : The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL, DP World, Kempower, Patrick Terminals, Port of Aarhus,
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