India fails to make substantial export gains in the US and Europe in FY24
NEW DELHI : India’s exports to its largest markets, Europe and the US, remained flat as its global shipments declined in FY24 on account of falling demand and gepolitical flare-ups. While India’s overall exports
Maersk will avoid Red Sea despite EU security operation
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety
‘India’s steel exports at 18-month high in January’
NEW DELHI : India’s monthly steel exports hit a 18-month high to 1.1 million tonne in January 2024 on increased demand from the European Union and supportive global prices. Besides, competitive domestic prices of steel contributed
Integrating Ireland Supply Chains through Maersk’s Dublin Warehouse Campus
DUBLIN : The Republic of Ireland has undoubtedly undergone a remarkable transformation over the past few decades. Until the early 1970s, Ireland was among the poorest countries in Europe in terms of GDP, with a level
EU launches mission to protect Red Sea shipping
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe will ensure freedom of navigation in
US and EU impose countervailing duties on Indian products due to RoDTEP Scheme
NEW DELHI : The U.S. and the European Union have now imposed countervailing duties (CVDs) on four Indian products, as a retaliation against the Remission of Duties and Taxes on Export Products (RoDTEP) scheme
Indian Govt is looking for dealing with EU countries that could draw $100 billion investment
NEW DELHI : India is about to finalise a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier
India & EU inch closer to settling their $600-mn trade dispute at WTO
NEW DELHI : India is close to resolving its most contentious trade dispute, involving information communications technology (ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.