March 17, 2026
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April 13, 2024

A new solution proposed for drought-stricken Panama Canal goes around it

International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal Dry Canal project that will begin
April 13, 2024

Tamil Nadu pitches for Elon Musk’s new EV factory in India

Trending News, Business, COMMERCE, Trade, Transport
CHENNAI : Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon Musk’s visit. “Tamil Nadu will be
April 13, 2024

Maldives trying to discuss with India for paying in their local currency for imports

Business, COMMERCE, Economy, Export - Import, Global Trade, Trade, Trending News
MALE : The Maldives is currently discussing with India if the island nation can make payments for its imports from the country in Maldivian Rufiyaa, a senior minister has said. A similar arrangement is
April 13, 2024

China’s March exports and imports shrink, miss forecasts by big margins

Export - Import, Global Trade, Trending News
BEIJING : China’s exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins, highlighting the stiff task facing policymakers as they try to bolster a shaky economic recovery. The dour
April 13, 2024

EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO

Tanker, Import, International Shipping, Maritime, Shipping Line, Trending News
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on
April 13, 2024

WCO Publishes a Handbook on Performance Measurement

Customs, Trade, Trending News
BRUSSELS : The WCO has published a “Handbook on Performance Measurement” to address the need for a comprehensive guide for evaluating performance, specifically tailored for Customs administrations. In an era of escalating complexity in
April 12, 2024

PMO likely to review and adopt 100-day agenda for next government this month including FTAs with UK and Oman

Trade, Economy, Infrastructure, Trending News
NEW DELHI : The Prime Minister’s Office (PMO) is likely to review and adopt a 100-day agenda later this month for the next government, which is being piloted by India’s think-tank NITI Aayog, a senior
April 12, 2024

Indian Railways’ Rs.2 Tn DFC project is progressing

Logistics, Railway, Trending News
NEW DELHI : The ambitious project of Indian Railways-constructing dedicated freight corridors (DFCs) worth Rs 2 trillion is progressing as planned, according to recent updates. These corridors aim to revolutionise India’s logistics sector by
April 12, 2024

ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year

Trade, Economy, Global Trade, Trending News
NEW DELHI : The Asian Development Bank (ADB) on Thursday revised India’s gross domestic product (GDP) growth forecast for FY25 to 7%, up from its earlier forecast of 6.7%. The bank cited robust public
April 12, 2024

Transworld Group’s Airavat Aviation Forays into India with Former SpiceJet Chief’s Sirius India Airlines

Aviation, Trade, Trending News
NEW DELHI : Transworld Group’s Airavat Aviation, a renowned name in luxury privateair travel in the Middle East, is making its mark in India through a strategic collaboration with SiriusIndia Airlines, led by former
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