India’s exports decline by 1.5% in July as trade deficit expands to $23.5 billion
With a current value of $23.5 billion, the growing trade deficit represents the greatest disparity between India's import and export activities since January 2023.
Latest Articles by Anshika Sinha
Adani’s Mundra Port expands market share in Indian container trade
Mundra Port, operated by Adani Ports and Special Economic Zone (APSEZ), has witnessed a remarkable increase in container handling volumes, contributing significantly to its rising market share.
DP World’s H1 net profit plummets 59% amid Red Sea disruptions
DP World’s CEO, Sultan Ahmed Bin Sulayem, acknowledged the difficult operating environment during a press briefing, emphasizing that the company is taking steps to enhance security measures and operational flexibility in the affected regions.
Nhava Sheva Distribution Terminal sets new operational record
The record-breaking performance was attributed to several key factors, including the deployment of advanced handling equipment, streamlined operational processes, and effective coordination among the terminal’s workforce.
India launches Green Tug Transition Program to promote sustainable maritime operations
The GTTP, introduced with the Standard Operating Procedure (SOP), is designed to accelerate the adoption of green technologies within the port and shipping industries.
VPA proposes acquisition of 49% stake in Mulapeta port
The proposal reflects VPA's ongoing efforts to expand its portfolio and enhance its competitive edge in the maritime industry. By increasing its stake in Mulapeta Port, VPA aims to improve its service offerings, optimize cargo handling processes, and create additional value for stakeholders.
Indo-Bangladesh trade set for full restoration, says commerce secretary
The trade between India and Bangladesh has faced challenges over the past few years due to pandemic-related restrictions and supply chain disruptions. However, with the situation stabilizing, both governments have been keen to reinvigorate trade flows.
US imposes sanctions on tankers linked to Iran’s proxy funding
The US Department of the Treasury has identified several vessels involved in these activities, freezing any assets they may hold under US jurisdiction and prohibiting American entities from engaging in transactions with them.
Qatar’s industrial production index increases by 2.5% in June
Economic analysts view the rise in industrial production as a promising sign of economic stability and progress. It reflects the effectiveness of government policies aimed at fostering industrial development and supporting economic diversification.
Global shipping lines expand services to Indian ports amid rising trade volumes
The expanded services will not only cater to current demand but also lay the groundwork for future growth as India continues to integrate more deeply into the global economy.
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