NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in
NEW DELHI : Even as the Red Sea crisis pushes up shipping expenses, Indian exporters are getting some relief from the higher cost burden by negotiating rates afresh
NEW DELHI : Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing in international trade, a
NEW DELHI : The Export-Import Bank of India (India Exim Bank) has forecast a 3% growth in India’s merchandise exports in the final quarter of FY24 despite the ongoing
COPENHAGEN : A.P. Moller – Maersk (Maersk) partners with Global Key Partner PUMA to operate the first semi-automated omnichannel fulfilment distribution centre in Santiago de Chile. The warehouse
NEW DELHI : Oman has allotted a specific zone to India in the strategically located Port of Duqm, less than two months after the visit of Sultan Haitham bin Tariq to New
NEW DELHI : The high-level inter-ministerial group on the Red Sea Crisis, chaired by Commerce Secretary Sunil Barthwal, will meet onThursday amid shipment delays and increase in cargo transport costs. This is the second
CAIRO : Suez Canal toll fees have taken a dive as ships redirect around the Cape of Good Hope, but the diversions have had a mixed impact on
MARSEILLE : French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via the Red
NEW DELHI : Indian Government on Tuesday said that seven ships carrying fertilisers have been rerouted from the Red Sea so far due to disturbances. In a written