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Editorial: Indian Shipping Industry Looks to Foreign Shores

Port Wings, 02 May 2018: By going by the Indian National Shipowners’ Association (INSA) CEO Anil Devli’s words, Indian shipping industry may be contemplating converting their ships to foreign registration, potentially causing a loss in taxes of about Rs 8,000 crore to the central exchequer. Indian shipowners could switch to …

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Editorial: US Trade Tariffs on Steel and Impact on India

Port Wings, 18 April 2018: Last month the United States President Donald Tump imposed 25% tariffs on steel imports into the county, citing concerns about the dumping of cheap imported steel ruining American industries and taking away jobs. Given the trade relations between the US and India, it is important …

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Editorial: Kudos to Paradip Port

Port Wings, 4 April 2018: For every Indian, who loves the port sector and keenly watches its growth over the years, Paradip Port’s achievement of handling 100 MT cargo in a financial year is something bigger than India winning a gold medal in Olympics or clinching a T20 World Cup …

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Editorial: Don’t Ignore China-US Trade Tussle

Port Wings, 28 March 2018: China is not only the India’s powerful neighbour but also a biggest trade partner. And, any economic turbulence in the country due to the US’s latest “Trade War” using tariff regime, could directly or indirectly affect the economy of India, as our country is one …

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Editorial:Track Modernization Need of the Hour

Port Wings, 14 March 2018: The decision by the Life Insurance Corporation of India to invest about 1.5 lakh crore in Indian Railways and subsequent clearance by the Finance Ministry last year is a welcome move indeed. Even though the LIC has been investing in public-sector firms for the past …

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Editorial: Blackmoney Bomb

Port Wings, 7 March 2018 Though the shadow of blackmoney was growing for the past three decades, only few years ago, the Supreme Court of India delivered a landmark judgment in response to a law suit filed by noted lawyer Ram Jethmalani seeking direction to the Union Government to reveal …

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Editorial: North East Need More Focus from Union Government

Port Wings, 28 February 2018: The Union Government’s decision to hold a three-day business summit in Manipur from April 7 to showcase the resources and economic potential of North East India, is indeed a welcome step by Narendra Modi-led government. The recently concluded Global Investors Meet in Assam is indeed …

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Editorial: Budget disappoints middle class, Shipping fraternity

Port Wings, 21 Feb 2018: In the build up to Narendra Modi-led BJP Government’s last full-year Budget, senior ministers of the government were telling in every available forum that the new government would accommodate all the concerns of citizens and take care all the aspects before finalizing the Budget. However, …

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Narendra Modi’s ASEAN Masterstroke

Port Wings, 31 January 2018: Prime Minister Narendra Modi used India’s Republic Day to host heads of 10 members of the Association of Southeast Asian Nations (ASEAN). As India’s ‘Look East Policy’, matures into an ‘Act East Policy’, a strong relationship with ASEAN is no longer a policy option; rather …

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Editorial:Trade Growth is Good News For India

Port Wings, 24 January 2018: As anticipated by experts, India’s major export destinations are witnessing a cyclical economic recovery in 2017-18 with global trade rising higher. A global slowdown, a sharp fall in commodity prices and currency fluctuations kept Indian exports under pressure between fiscal 2014-15, and in July 2016, …

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