Reacting to a steep fall in exports, the Indian government has implemented several measures aimed at easing shipping challenges. Commerce Minister Piyush Goyal announced steps like acquiring vessels, waiving fees, and boosting container handling capacity. The initiatives are designed to lower freight rates and expedite port processes for exporters.
Related Posts
India’s factory growth cooled to eight-month low in September, PMI shows
India’s manufacturing growth slowed to an eight-month low in September due to weakening demand and output, although it has stayed above the contraction threshold since […]
India’s air travel safety record significantly improved last year: DGCA
The Directorate General of Civil Aviation announced that air travel safety in India improved significantly in 2023 compared to the previous two years. The number […]
Swiggy files for Rs 10k crore IPO, eyes Diwali listing
Swiggy has filed for an IPO estimated at $1.2 billion, which could increase to $1.4 billion following a shareholder meeting. The company intends to raise […]