Author name: Rohit ahire

Exports jump 43 percent to USD 35.65 billion in October, imports soar 62 % India’s exports rose by 43 percent to USD 35.65 billion in October while the trade deficit widened to USD 19.73 billion during the month. Imports soared by 62.51 percent to USD 55.37 billion widening the trade deficit. Export sectors that recorded

5 Green Technologies Taking Over Shipping Industry The Task Force to monitor the shortage of containers and increase in freight rates met recently, chaired by the Additional Secretary to the Government of India, Ministry of Ports, Shipping & Waterways. The Additional Secretary highlighted the measures taken by the Ministry and others as under: * Major

5 Green Technologies Taking Over Shipping Industry The shipping industry has been around for centuries and has revolutionized the way we live by connecting countries and cultures all over the globe. The influx of food, goods, and information from countries around the world has broadened people’s diets and minds and is a vital part of

How to check container number is right or wrong? What is a container check digit? This allows operators, terminals, depots, and other parties in the supply chain to automatically validate container numbers and easily identify incorrect container numbers introduced through a data-entry error or an erroneous OCR (optical character recognition) reading. The container check digit

India jumps 6 places to 37th rank on IMD’s World Competitive. After a stable but stagnant five years, 2022 witnessed significant improvement in the competitiveness of the Indian economy, IMD said, adding that this is largely due to gains in economic performance. India has witnessed the sharpest rise among the Asian economies, with a six-position

S&P Cuts FY23 India Growth Forecast To 7.3% On Inflation. Due to rising inflation and the longer-than-expected Russia-Ukraine conflict, India’s growth projection for the current fiscal has been cut to 7.3 percent from 7.8 percent earlier, said S&P Global Ratings in its Global Macro Update to Growth Forecasts. Inflation remaining higher for long is a

Global Supply Chain Crises Flares Up Again Where It All Began China’s stringent rules to curb Covid-19 are about to unleash another wave of summer chaos on supply chains between Asia, the U.S., and Europe. Ports are already snarled, with the $22 trillion trade in global goods facing months of severe disruption. Beijing’s zero-tolerance approach