INDIAN CARGO
Budget 2021: Lessons for Nirmala Sitharaman from India's favourite game
Today, Indian cricket is at its zenith. But India’s economy appears to be moving inwards through its ‘Atmanirbhar Bharat Abhiyan’, and risks becoming less competitive if it’s not careful. Restricting imports against dumping, or to correct inverted duty structure, is acceptable, as is using domestic reforms to support our industry. But where to draw the line is often not easy.
23 Indian sailors stuck in China to return on January 14: Union Minister Mansukh Mandaviya
"Our seafarers stuck in China are coming to India....
India has requested China for early crew change for stranded Indians aboard two ships: MEA
Citing coronavirus-related restrictions, Chinese a...
Indian exporters expect vegetable export demand to fall 15-20%
Indian vegetable exporters expect demand from the UK, a major buyer and a hub for the European market, to fall 15-20% because of lockdowns in that country, industry executives said.
SpiceJet operates 1,000 flights to repatriate 1.75 lakh passengers
SpiceJet also operated 16 long-haul charter flights using Airbus A330-900 Neo aircraft to and from London, Amsterdam, Toronto and Rome helping more than 5,109 Indians and foreign nationals stranded for months to get back home, it said in the release.
Major ports' cargo traffic falls for 6th straight month in Sep; logs 14% drop in H1 FY21
Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month in September 2020.
Basmati rice exporters from India are renegotiating with importers from Australia, Canada and the US
The industry players are also worried about Pakistan’s move to start exporting their basmati rice to Iran under the barter system.
Container cargo handling at major ports drops about 25% in April-August: IPA
Container cargo in terms of TEUs (twenty-foot equivalent unit) at India's 12 major ports dropped 25 per cent to 3.25 million in the April-August period of the current fiscal, showed the latest data from the Indian Ports' Association (IPA).
SpiceJet Q1 results: Reports net loss of Rs 593 crore; cargo revenue surges
Revenue from operations plunged 83.46 per cent YoY to Rs 483.34 crore during the quarter under review. The operations of airline companies were heavily affected during the quarter due to government orders.
COVID-19: Major ports' cargo handling drops 18% to 193 MT in April-July
Cargo volumes at these 12 major ports under the control of the Centre declined for the fourth straight month in July 2020 and all ports barring Mormugao saw a negative growth. These 12 ports had together handled 236.01 MT of cargo during April-July 2018-19, the ports body said.
Iran's Chabahar port exports cargo to India and Southeast Asia, notwithstanding slowdown
In 2016, Iran, India, and Afghanistan decided to jointly establish a trade route for land-locked Afghanistan and Central Asian countries. India had also sent a consignment of wheat to Afghanistan through Chabahar Port in the past.
Expanding connectivity: First cargo train launched to Bangladesh via Bengal’s key border zone
Senior dignitaries from both the countries are expected to flag off the handover, which will be conducted via video conferencing, according to the statement.
Bangladeshi exporters stop Indian imports from Petrapole border
Export of Indian goods to Bangladesh through the Petrapole border in West Bengal was disrupted on Wednesday due to agitation by a section of exporters of the neighbouring country, an official of Federation of Indian Exporter Organisations (FIEO) said.
Relief likely in physical checks of Chinese cargo
India could partially relax 100% physical verification of Chinese import consignments.
All Chinese cargo being checked following nationwide risk alert
The India-wide 100% physical inspection of Chinese imports, which has been leading to delays in the release of cargo, was sparked by an IT system-based alert. All ports, including Nhava Sheva, Mumbai and Kolkata, as well as airports have initiated physical checks since Monday midnight, customs sources said. Chennai port was the first to start inspecting all Chinese cargo and other ports followed suit.
