May 14, 2026
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Container rates out of India on major trades see sharp gains amid capacity woes

August 1, 2024 Container, EXPORT, International Shipping, Logistics, Shipping, Trade, Trending News
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.

Union Budget 2024-25 : FM announces to set up e-comm hubs to promote exports and establish 10-15 hubs

July 24, 2024 EXPORT, COMMERCE, Economy, Finance, Logistics, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman announced in her Union Budget 2024-25 speech on July 23 that, E-commerce export hubs will be set up in the country under a seamless regulatory and

Third consecutive increase in merchandise exports, while going through extraordinary logistic challenges, shows the resilience of the sector: FIEO President

July 16, 2024 EXPORT, Logistics, Ports, Trade, Trending News
NEW DELHI : Responding to the Monthly exports figures of June 2024, FIEO President, Mr Ashwani Kumar said that the third consecutive increase in merchandise exports by 2.55 percent to USD 35.2 shows the

RBI’s proposal to rationalise regulations on export, import transactions will help traders : Exporters

July 4, 2024 Export - Import, Economy, Finance, Trade, Trending News
NEW DELHI : The Reserve Bank of India‘s proposal to rationalise regulations that cover export and import transactions would simplify and streamline the processes for the trading community, say exporters. They said that it

Piyush Goyal helds interaction with Export Promotion Councils & Industry Associations

June 29, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry Sri Piyush Goyal held an engaging interaction with Export Promotion Councils & Industry Associations. The discussion was about the strategies to enhance global market outreach,

Interest Equalisation Scheme for exporters extended for 2 months ; FIEO disappointed

June 29, 2024 EXPORT, Economy, Trade, Trending News
NEW DELHI : The Commerce Ministry on Friday extended pre and post-shipment rupee export credit till August under the Interest Equalisation Scheme (IES) for Micro, Small & Medium Enterprises (MSME) exporters. A notification released

Container freight rates out of India on major trades see gains as capacity tightens

June 29, 2024 EXPORT, Shipping, Trade, Trending News
NEW DELHI : Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an analysis of market data for June.

Piyush Goyal to meet exporters today to discuss ways to boost shipment

June 27, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal will meet different export promotion councils today to discuss ways to further promote the growth rate in the country’s outbound shipments, an industry official

Develop Indian shipping lines, lower duty on precious metals: Exporters in pre-Budget meet

June 26, 2024 EXPORT, Export - Import, Shipping, Shipping Line, Trade
NEW DELHI : As Covid-19 and the ongoing Red Sea crisis pushed shipping rates several fold higher, hitting exports, exporters have urged the government to develop Indian shipping lines of global repute to boost

Industry pitches for tax reduction, rationalisation of duty structure in Budget

June 26, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Smt Nirmala Sitharaman to reduce the incidence of indirect taxes and rationalise duty structure wherever
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