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July 22, 2024

UAE biz conglomerate introduces UPI payments across outlets countrywide

Trade, Trending News
A UAE-based business conglomerate has announced the acceptance of India’s Unified Payment Interface payments across its outlets in the country. Unified Payment Interface (UPI) is an Indian instant payment system developed by the National
July 22, 2024

Port of Mombasa cargo volume rise as Dar es Salaam and Djibouti hit by congestion

International Shipping, Foreign Ports, Trade, Trending News
MOMBASA : The volume of the transit cargo handled through the Port of Mombasa has grown significantly on the back of the Kenya Ports Authority (KPA) renewed push to improve efficiency. Although Uganda, the
July 22, 2024

Milaha signs a 5-year stevedoring services agreement with Qatar Steel

Logistics, Business, Company, Global Trade, Ports, Trending News
RIYADH : Qatar Navigation (“Milaha”), the industry-leading provider of maritime and logistics solutions, and Qatar Steel, the leading steel-making company in Qatar, signed a 5-year agreement to provide stevedore services that will facilitate importing
July 20, 2024

India Maritime Centre (IMC) moves closer to reality under the Maritime India Vision 2030

Maritime, Logistics, Ports, Shipping, Trending News
NEW DELHI : The Ministry of Ports, Shipping, and Waterways (MoPSW) is establishing the India Maritime Centre (IMC), a cornerstone initiative under the Maritime India Vision 2030. In this line, recently a meeting was
July 20, 2024

CBIC releases National Time Release Study (NTRS) 2024

Customs, Trade, Trending News
NEW DELHI : Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC), along with other Members of the Board, released the National Time Release Study (NTRS) 2024 report. NTRS 2024
July 20, 2024

Shipping industry eyes revamped PLI scheme, green initiatives in upcoming Budget 2024

Container, Economy, Maritime, Ship Building, Shipping, Trending News
NEW DELHI : The shipping industry is expecting that the upcoming Union Budget 2024 will greenlight the revised production-linked incentive (PLI) scheme for manufacturing shipping-grade containers. Specific reforms expected include increased funding for port
July 20, 2024

“Reason Identified, Updates Released”: IT Minister Ashwini Vaishnaw on Microsoft outage

Technology, Digitalisation, Economy, Global Trade, Trade, Trending News
NEW DELHI : Union Minister of Electronics and Information Technology Shri Ashwini Vaishnaw said yesterday on 19th July, that the government is “in touch” with the US Tech Giant Microsoft regarding the global outage that has
July 20, 2024

Digboi Refinery capacity to expand to 1 Million tonnes under PM Narendra Modi ji’s Vision of an Atmanirbhar Assam: Shri Sarbananda Sonowal

Trending News, Business, Economy, Infrastructure, Shipping
DIBRUGARH : The Union Minister of Ports, Shipping and Waterways and Member of Parliament for Dibrugarh Lok Sabha constituency, Shri Sarbananda Sonowal, was sworn in as ex-officio members of Digbai and Makum municipalities. Shri
July 20, 2024

Massive fire breaks out on Maersk container ship, reportedly carrying IMDG cargo

Maritime, Coastal Shipping, Shipping, Shipping Line, Trending News
KARWAR : A major fire broke out on a container cargo merchant vessel – MV Maersk Frankfurt – near the Karwar region of Karnataka on Friday afternoon. According to a Shipping Ministry officer, one person
July 20, 2024

Foreign secretary Vikram Misri makes his first foreign visit to Bhutan

Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : The Bhutan-China border negotiations and India’s aid for Bhutan’s development programmes will be at the top of the agenda when Foreign Secretary Vikram Misri makes his first foreign visit to the
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