Govt mulls incentives for exporters amid global trade uncertainty
The government is considering additional incentives for exporters to arrest the decline in India’s exports and mitigate the potential impact of reciprocal tariff threats by the Donald Trump...
View ArticleSangam: Port of Antwerp-Bruges strengthens ties with India during Belgian...
Port of Antwerp-Bruges joined the Belgian economic mission to India with an important delegation, underscoring the importance India holds as a trading partner for the port. From March 3 to 7 the port...
View ArticleArcelorMittal Nippon sues India over raw material imports as fight escalates
ArcelorMittal’s India joint venture has sued New Delhi for rejecting imports of a steelmaking raw material, saying it was incorrectly imposing import curbs retroactively, escalating its fight over a...
View ArticleZeal Global named General Sales Agent for Cathay Cargo in India
Cathay Cargo has appointed Zeal Global Corp as its General Sales Agent (GSA) in India to expand its cargo operations and strengthen its reach in Tier 2 and Tier 3 cities. The partnership aims to...
View ArticleLooking for partnerships with Air India, IndiGo says Riyadh Air
Saudi Arabia-based upcoming airline Riyadh Air is looking for partnerships with domestic carriers such as Air India or IndiGo, said Riyadh Air Chief Executive Tony Douglas. The airline is set to fly to...
View ArticleRVNL secures Rs 544.64 crore order for Visakhapatnam Port road construction
The shares of RVNL are likely to remain in focus on Wednesday, March 12, after the state-owned company bagged an order from the National Highway Authority of India worth Rs 544.64 crore. ‘It is hereby...
View ArticleIndiGo to invest $45 million in IFSC subsidiary
InterGlobe Aviation, the parent of the country’s largest airline IndiGo, will invest up to USD 45 million in its subsidiary InterGlobe Aviation Financial Services IFSC Pvt Ltd. The investment was...
View ArticleUkraine says Russian strike on Odesa port is attack on global food security
Ukraine’s foreign minister said on Wednesday that Russia’s missile strike on the Black Sea port of Odesa, which damaged a grain vessel and killed four people, was an attack on global food security. “It...
View ArticleFitch affirms APSEZ rating amid governance concerns and financial stability
Fitch Ratings has affirmed the Long-Term Foreign-Currency Issuer Default Rating (IDR) of Adani Ports and Special Economic Zone Limited (APSEZ) at ‘BBB-‘. This announcement also included the removal of...
View ArticleCaravel expands maritime training with acquisition of Indian academy
The Banga family and their Caravel Group have acquired the International Maritime Institute, a leading seafarer training facility in India, to address the growing demand for qualified young talent in...
View ArticleBEML signs MoUs with Siemens India and Dragflow Italy for rail and dredging...
Bengaluru-headquartered BEML Ltd on Wednesday (March 12) said it has signed two Memorandums of Understanding (MoUs) to expand its presence in the rail and dredging sectors. The company entered into a...
View ArticleIndia’s warehousing demand sees 12% growth, Mumbai leads: report
India’s warehousing transaction volumes in its eight primary markets reached 56.4 million square feet (mn sq ft) in 2024, marking a 12% year-on-year increase from 50.3 mn sq ft in 2023, according to a...
View ArticleJNPA signs Rs 285cr deal for agro processing facility
Jawaharlal Nehru Port Authority (JNPA) has signed a concession agreement with a special purpose vehicle (SPV) floated by Trident Agrocom Exports and Man Infraconstruction for the development of an...
View ArticleDraft rules issued for ports’ switch to market-linked pricing
The government has proposed to allow ports to switch to market-linked pricing by reworking their existing contracts. The ports, shipping and waterways ministry has circulated draft guidelines for...
View ArticleVizhinjam Port expansion: 77 hectares of land to be reclaimed from sea
As part of the second and third phases of the Vizhinjam port development, 77.17 hectares of land will be reclaimed from the sea. Previously, 63 hectares were reclaimed for the first phase, which...
View ArticleSoftlink Global at IIT Bombay unleashes the Next Wave of logistics innovators
Softlink Global, a leader in logistics technology, successfully hosted LogiTHON at IIT Bombay, bringing together India’s brightest engineering minds to tackle critical challenges in the logistics...
View ArticleDTDC widens its footprints in South Asia with the latest store launch in Sri...
DTDC Express Ltd., a leading express logistics provider, announces its expansion to Sri Lanka. The company has launched its first store in Colombo, partnering with Parcel Lanka, as DTDC’s authorized...
View ArticleEnhancing supply chain efficiency: The impact of the India-Middle East-Europe...
In an era defined by globalization and interconnected economies, the emergence of strategic economic corridors plays a pivotal role in shaping supply chain and international trade dynamics. Among these...
View ArticleNew India Assurance to partner with Norway’s Hydor to hike third-party risk...
State-run New India Assurance Company Ltd plans to raise the third-party liability cover to Indian ships plying on domestic routes–the only local insurer in this business–to $25 million from $15...
View ArticleIndia’s plans for massive transshipment port on Nicobar Islands spark...
For now, Galathea Bay remains largely untouched. A Google image search reveals photos of a vast white-sand beach backed by dense jungle. In just a few years, however, one of India’s largest container...
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