New Delhi: Port Wings News Network: EEPC India has placed before the Board of Trade, under the Commerce Ministry its concerns over high steel prices making the country’s engineering exports un-competitive in the international market with the result that shipments from the job-oriented sector are on a downslide. Making a …

New Delhi: Port Wings News Network: The global trade has entered a tough phase in the second half of 2018 and is expected to slowdown further in 2019, Mr Ganesh Kumar Gupta, President, FIEO, has said. Presenting the FIEO’s talking points during the Board of Trade Meeting at New Delhi …

New Delhi: Port Wings News Network: Hosted by Noida Custom Broker s Association, Federation of Freight Forwarders’ Associations in India (FFFAI) had its 9th Executive Committee Meeting on February 8 and 9 at Pride Plaza Hotel in New Delhi. At this meeting a number of issues were discussed including recently …

New Delhi: Port Wings News Network: Reacting to the January, 2019 exports data, exhibiting exports of USD 27 billion with a growth 3.74 percent, President FIEO, Mr Ganesh Kumar Gupta said that nominal growth in exports is due to tough global condition and some constraints on the domestic front. Global …

Port Wings, 13 Feb 2019: Prime Minister Narendra Modi on 10 February inaugurated the last leg of the Chennai metro rail’s blueline and declared six underground metro stations through video-conferencing. In the presence of Tamil Nadu Chief Minister K Palaniswami and Deputy Chief Minsiter O Panneerselvam and Governor Banwarilal Purohit, …

Tuticorin: Port Wings News Network: Today on 11.02.2019, V.O. Chidambaranar Port, for the first time in Port’s history handled a vessel with 14.20Metredraft, after declaring of such draft at Berth-8 (Dakshin Bharat Gateway Terminal) and Berth- No.9 by the Port on 31.12.2018. The vessel ‘MV SFAKIA WAVE’ was docked at …

New Delhi: Port Wings News Network: Union Minister of Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari said at Prayagraj Kumbh on 8 Feb that water of river Ganga will be completely clean by March next year. Talking to media persons this …

New Delhi: Port Wings News Network: To promote Inland Water Transport in the country, 111 – including 5 existing and 106 new- National Waterways (NWs) spread over 24 states have been declared under the National Waterways Act, 2016. Feasibility studies have been undertaken by the Inland Waterways Authority of India …

New Delhi: Port Wings News Network: India has strong ties with Africa for centuries, and in recent times our development and economic partnership have become stronger. India and African countries share common interests in inclusive growth, trade and investment, and resilient economic partnerships. This was stated by Union Minister of …

New Delhi: Port Wings News Network: Reserve Bank of India (RBI), in consultation with the Government of India (GoI), has rationalized the framework for External Commercial Borrowing (ECB) and Rupee Denominated Bonds and notified a new Policy vide A.P. (DIR Series) Circular No. 17 dated January 16, 2019 in this …

New Delhi: Port Wings News Network: Export Credit extended by Scheduled Commercial Banks has continued to reflect a steady increase, stated Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sabha. As per data compiled by the Reserve Bank of India …

New Delhi: Port Wings News Network: INS Trikand, a front-line warship of the Indian Navy, participated in a multinational training exercise ‘CUTLASS EXPRESS – 19’ held from 27 Jan to 06 Feb 19. The aim of the exercise was to improve law enforcement capacity, promote regional security and progress inter-operability …

New Delhi: Port Wings News Network: India’s exports to China have grown after several years. India is poised to achieve its highest ever exports to China this fiscal.  Between April-December 2018, exports were USD 12.7 billion which is closer to last year’s exports of USD 13.33 billion. The Department of …

Chennai: Port Wings News Network: DP World handled 71.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9% year-on-year on a reported basis and 2.9% on a like-for-like basis Gross volumes were stable in …