Apex exporters body FIEO on Friday asked the government to announce the rates for different sectors under the tax refund scheme RoDTEP as further delay will have serious implications for future exports. Last month,
COPENHAGEN: On the 21st of December 2020, the first refrigerated containers heading from Mersin, Turkey, were dispatched from the port of Novorossiysk enroute to terminal Selyatino in Moscow on a train operated by Ruscon
The rapid increase in demand for imports from Asia in recent months has led to a massive shortage of empty containers in Asian ports, so that importing companies are faced with long waiting times
NEW DELHI: Mr. Prem Kishan Dass Gupta, C&MD – Gateway Distriparks Ltd., in his budget expectation has opined that, “The year 2020 has disrupted and challenged the logistics sector in different ways. However, the logistics sector
The Covid-19 pandemic in 2020 derailed every sector, and the shipping industry was no exception. While many industries, including manufacturing, are slowly bouncing back, the shipping sector is still struggling with a severe shortage
Gandhinagar: India’s largest multi-model logistic park will come up at Virochannagar near Sanand in Ahmedabad district. A Memorandum of Understanding (MoU) was signed today in presence of Chief Minister Vijay Rupani, between the State
NEW DELHI: India’s exports in December returned to the positive territory after three months even as the country’s trade deficit swelled to a 25-month high on high imports of non-oil goods especially gold. Buoyed
NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh. The CBIC has received the
NEW DELHI: Meeting of the Parliamentary Consultative Committee of the Ministry of Commerce and Industry was held on the subject “New Foreign Trade Policy 2021-26”. The meeting was chaired by the Minister of State
Disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India with thermal coal imports at 12 major ports declining 16.43 per cent year-on-year to 55.16 million tonnes in April-December 2020 period,