India Seatrade News Global air freight rates eased lower during the first week of the year, according to the latest data from TAC Index. The global Baltic Air Freight Index fell -3.7 percent over the week to January 6 as the traditional peak season period ended and volumes declined, the update added. “Nevertheless, the index starts […]

India Seatrade News The government has laid out a procedure for the export of certified organic products, requiring mandatory certification under the National Programme for Organic Production (NPOP) for such shipments, according to a public notice. The Directorate General Of Foreign Trade (DGFT) in a public notice said that a product will be allowed to be […]

Deal still needs to be ratified by vote by union members Major point of contention in talks was the use of automation   A US dockworkers union reached a tentative deal on a new labour contract with a group of ocean carriers and terminal operators that, if ratified would avoid a shutdown of East and […]

Iran exported non-oil commodities valued at $1.2 billion to India during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. Foroud Asgari said that India was Iran’s seventh top export destination in the mentioned eight-month period. Exporting commodities valued at $1 […]

The government is hopeful of doubling exports of organic products from India in 2025-26 to $1 billion, compared to the previous fiscal, and is set to announce new guidelines for National Programme for Organic Production (NPOP) and initiatives to increase traceability for ensuring greater credibility in exports, officials said. “The idea is if that if […]

Apparel Export Promotion Council (AEPC) on Sunday said huge import opportunities are there for British apparel firms in India and they should participate in large numbers in the upcoming mega textile show here next year. Bharat Tex 2025 will be held here from February 14-17, 2025, at Bharat Mandapam and from February 12-15 next year at […]

The Soybean Processors Association of India (SOPA) revised upward the exports of soybean meal from India in the 2023-24 oil year to 22.75 lakh ton, up 24 per cent from the preceding year. The trade organisation, in its latest assessment, elevated the exports in the previous oil year to 22.75 lakh ton compared to 18.36 lakh […]

Exim News Service NEW DELHI, Nov. 21 INDIA’S trade relations with the US will continue to grow irrespective of the change in the American regime, said Mr Sunil Barthwal, Commerce Secretary. He added that the two economies have strongly integrated with each other through various agreements, including the IPEF (Indo-Pacific Economic Framework for Prosperity) and […]

NEW DELHI: The Govt. of India has prepared a ‘City Logistics Plan’ for metros such as Delhi and Bengaluru for efficient freight and logistics movement within the city, a senior official of the Department for Promotion of Industry and Internal Trade (DPIIT) said on Wednesday, 20th Nov. Efficient freight and logistics movement in turn will […]

Despite ongoing geopolitical issues and limited market share in Bangladesh, exporters are seeing growth, fuelled by depleting stocks and improving global economies Despite continuing wars and the Red Sea issue and India not taking any meaningful slice of the Bangladesh’s market, India’s garment exports are rising. Exporters attribute this to mainly to the depletion of […]