Q3 goods exports seen growing 1.85% on-yr: EXIM Bank
Led by sustained momentum in economic activity and improving demand prospects in trading partners supported by expected global monetary easing, India’s merchandise exports are likely to grow 1.85%...
View ArticleIndia imposes anti-dumping duty on chemical imported from China, Korea, Thailand
India has imposed an anti-dumping duty of up to $557 per tonne on a chemical used mainly in the adhesive industry from China, Korea, and Thailand for five years to guard domestic players from cheap...
View ArticleBoB anticipates India’s GDP growth in Q2 fiscal year 25 at 6.9 %, more than...
India’s economy is expected to grow by 6.9 per cent in the second quarter of the current financial year, surpassing the 6.7 per cent growth rate recorded in the first quarter, highlighted a report by...
View ArticleInfra, transport sector leaders expect growth in earnings, headcount in next...
India is likely to see the implementation of one of the largest infrastructure programmes in the 21st century amongst large economies and creating fiscal sources of capital would be key to this...
View ArticleDHL sees the continued importance of road freight in Southeast Asia
“Over the last few years, we have seen strong export growth in Vietnam, Thailand, and Malaysia. Vietnam is Southeast Asia’s largest exporter currently, while Malaysia has strengthened its position as a...
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TVS SCS reports 42.5% Q-o-Q growth in PAT
TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers in India,...
View ArticleMaersk ends contract with Indian 3PL after its role is ‘over-hyped’
Controversy over a 3PL hired by Maersk for inland transport in India has prompted the carrier to swiftly terminate the deal. At the centre of the storm is Delhi-based Kaushalya Logistics (KLL), said to...
View ArticleMP reviews Amritsar Airport facilities for new flights & cargo
Member of Parliament Gurjeet Singh Aujla held a review meeting with the Airports Authority of India (AAI) officials at Sri Guru Ram Das Jee International Airport in Amritsar to discuss plans for...
View ArticleMaersk announces MECL service rotation alterations
Danish ocean carrier Maersk has decided to make changes in the MECL service rotation to restore schedule reliability. As of February 2025, we will be serving Port Qasim with a fast and reliable...
View ArticleIndia-Bangladesh fortify border ties with new infrastructure pact
India and Bangladesh have taken a significant step forward in strengthening their cross-border relations with an agreement to bolster infrastructure and operational efficiency at their land ports. This...
View ArticleIndian Railways’ first hydrogen train all set for December trials
India is set to unveil its first-ever hydrogen-powered train in December 2024, a groundbreaking step towards environmentally friendly travel. Operating without diesel or electricity, this...
View ArticleEastern Railway sets new record with 54.8 million tonnes freight loading from...
Eastern Railway (ER) has achieved an impressive milestone in freight transportation, reaching a record-breaking freight loading of 54.888 million tonnes from April to October in the current 2024-25...
View ArticleIndia looks to boost air cargo amid Red Sea trade disruptions
India’s commerce ministry is pitching for air cargo to ship products such as textiles, pharmaceuticals, electronics and perishables that rely on swift delivery as disruption in the Red Sea trade route...
View ArticleSeaLead unveils ANIDEA Service connecting Far East, West India, and East Africa
SeaLead, a fast-growing global shipping line, today announced the launch of its revamped service, ANIDEA (Asia and India, East Africa). This rebranded service, which builds upon the existing IDEA...
View ArticleOperating issues still continue at Adani Kattupalli port
Trade members said that the new Terminal Operating System (TOS), which was introduced a few days ago, has caused operational issues for the Adani group’s private Kattupalli port in North Chennai,...
View ArticleIndia will construct the largest port: Sonowal
Union Shipping Minister Sarbananda Sonowal revealed plans for India to build the biggest port in the world during the India Economic Summit (IES) 2024. He said that the Sagarmala Program, a showpiece...
View ArticleAndhra Pradesh govt eyes global tie-ups to develop ports
The State government is actively seeking international partnerships to speed up port-led infrastructure growth, aiming to generate extensive employment opportunities and help achieve its ambitious goal...
View ArticlePM Modi resolves funding issues for port development, approves Rs 25,000...
The Prime Minister’s Office has greenlit a comprehensive three-pronged strategy aimed at advancing India’s maritime sector, with a cornerstone initiative of channeling at least Rs 25,000 crore from the...
View Article‘Victimised’ PSA Sical seeks early end to box terminal concession at Indian port
Singapore-based terminal giant PSA International is seeking a premature exit from its ‘debut’ container terminal concession in India, which began operations in 1999 at Tuticorin, near Chennai, now...
View ArticleIndia Seatrade to Organize Flagship Event “The Multimodal Logistics Summit”...
India Seatrade is gearing up to organize its flagship event “The Multimodal Logistics Summit” on November 15, 2024, at Hotel Radisson in Gandhidham, Gujarat. It is set to be a landmark event in India’s...
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