India seems to become the 3rd largest Economy within 2030-31 : S&P Global
NEW DELHI : India is growing to become the world’s third-largest economy within 2030–31, as per S&P Global India. India lookst to grow at an annual rate of
Global trade conditions continue to deteriorate in July
NEW YORK : The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate headed into the second half
Port of Salalah announces $300 million container handling expansion
OMAN : The Port of Salalah has announced that it’s $300 million expansion plan is on track, aiming to expand annual container handling capacity from 5 million to
Asia and Mideast dominate latest Port performance ranking
NEW YORK : Global container ports got a breather in 2023 as the pandemic’s hit to supply chains eased and trade volumes stabilized after a few turbulent years. But
S&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term rating
NEW YORK : Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from
S&P Global Analysis: Baltimore bridge collapse disrupts local traffic, global shipping
NEW YORK : On March 26, the Francis Scott Key Bridge in Baltimore collapsed after being struck by containership MV Dali operated by AP Moeller Maersk A/S on
Red Sea crisis causes surge in vessel calls and congestion at African ports
NEW YORK : “The Red Sea crisis is highlighting the wide gap in efficiency between ports in Africa and other world regions, despite heavy investment in port infrastructure
Red Sea attacks force firms to test new land routes via UAE, Saudi
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through
China’s export dominance is getting stronger, not weaker
BEIJING : Negative views on China’s economy are easy to come by these days. Beyond headlines about defaulting property developers, record youth unemployment, slowing economic growth and increasing
India to surpass Japan to become 2nd largest economy in Asia by 2030 : S&P Global
NEW DELHI : India, the world’s fifth largest economy in the world, is likely to overtake Japan to become the world’s third-largest economy with a GDP of USD