Interim Budget 2024: Exporters seek higher allocation for MAI scheme
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to
2nd Edition of Sourcex India 2024 concluded marking a significant milestone promoting manufacturing
NEW DELHI : The 2nd Edition of Sourcex India (Jan 17-19) 2024, concluded on Friday at Pragati Maidan, here, marking a significant milestone in Government of India’s efforts
Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters
India’s exports may take a $30 billion hit on Red Sea threats
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge
Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi
FIEO appoints Israr Ahmed as New President
NEW DELHI : Mr. Israr Ahmed has taken over as the Officiating President of Federation of Indian Export Organisations (FIEO) after Dr A Sakthivel successfully completed his tenure
India could settle Oman and UK FTAs in early 2024
NEW DELHI : India negotiated hard to secure crucial bilateral deals with key trading partners, throughout 2023. Experts believe the country could secure Foreign Trade Agreements (FTAs) with
Red Sea crisis : Kanpur exporters hold back ₹100 crore-worth consignments
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping
Red Sea shipping pause : Industry sees 30% rise in costs, 2-week delay
NEW DELHI : Industry is bracing for a 30% rise in freight and insurance costs, and delays of around 15 days for consignments to reach Europe, with global
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game,