Page 7 - Indian Export News Today

(March 10): Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans-Pacific route to help local manufacturers, while China’s state-owned shipyard, Cosco Shipping Heavy Industry, has converted at least one freshly built paper-and-pulp carri...

Exporters are taking unusual steps to ease container shortage SECTIONS Exporters are taking unusual steps to ease container shortageBy Ann Koh and Rajesh Kumar Singh, Bloomberg Last Updated: Mar 10, 2021, 08:03 AM IST Share Synopsis Among other things, Container Corp is moving containers to neighbouring countries such as Sri Lanka and Bangladesh to help ease the shortage. Typically the company would only move the boxes to facilitate domestic shipments. That has coincided with a turnaround in In...

By Ann Koh and Rajesh Kumar Singh (Bloomberg) — Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans-Pacific route to help local manufacturers while China’s state-owned shipyard, Cosco Shipping Heavy Industry, has converted at le...

Principal Secretary To LG Discusses Modalities To Boost Exports JAMMU: Principal Secretary to Lieutenant Governor, Nitishwar Kumar chaired a weekly meeting at Civil Secretariat here today to discuss modalities to boost exports. The high-level meeting was attended by Administrative Secretaries of Agriculture, Industries & Commerce, School Education, Higher Education, Civil Aviation, Mission Director Skill and Directors of various departments. Principal Secretary to LG, Nitishwar Kumar disc...

This will reduce waiting times and accelerate overall exports. Indias 5% broken parboiled variety of rice eased to $395-$401 a tonne from last week`s multi-year high of $402-$408. New Delhi: Indian rice exports gained momentum this week after an additional port was opened in the countrys biggest rice-handling facility, potentially easing congestion. Waiting periods at the Kakinada Anchorage Port had reached up to four weeks, compared with about a week normally, because of congestion at the por...

Renu Sud Sinha Rajni Bector was a BA second-year student at Miranda House in New Delhi when she got married in 1957 into a prominent Ludhiana business family. She was yet to turn 18. Born in Karachi in a family of bureaucrats, her role in her new family was well defined — she had no role. Like her mother-in-law, what she was expected to do was to join the ranks of a well-rounded support system. To keep herself busy, she started taking cookery classes, an activity she excelled in and enjoyed. ...

As Joe Biden takes charge as the 46th US President following a hard-fought election against Donald Trump, India may look forward to greater stability and predictability in bilateral ties, both on th

The countrys exports declined marginally by 0.8 per cent to USD 26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products, according to preliminary data released by the commerce ministry on Saturday. The trade deficit in December widened to USD 15.71 billion, as imports grew by 7.6 per cent to USD 42.6 billion, the data showed. Exports in December 2019 was USD 27.11 billion, while imports stood at USD 39.5 billion. In November 2020, the exports...

India Added to US Currency Manipulation Watch List India Added to US Currency Manipulation Watch List Comments Off on India Added to US Currency Manipulation Watch List KOLKATA — India, Taiwan and Thailand are the Asian economies most recently added to the United States’ currency manipulation watch list. The three countries are on the “monitoring list,” which now includes China, Japan, South Korea, Germany, Italy, Singapore and Malaysia. Vietnam and Switzerland have been tagged as a cur...

KOLKATA — India, Taiwan and Thailand are the Asian economies most recently added to the United States’ currency manipulation watch list. The three countries are on the “monitoring list,” which now includes China, Japan, South Korea, Germany, Italy, Singapore and Malaysia. Vietnam and Switzerland have been tagged as a currency manipulators. The countries are named in a U.S. Treasury report to Congress on Dec. 16. Regarding Vietnam and Switzerland, the report states: “Treasury assessed,...