Nearly two-thirds of India's crude oil and half of the LNG imports pass through the Strait of Hormuz, a narrow waterway which could be at risk in the ongoing Israel-Iran war.
The govt has come up with an estimated total logistics cost for India, which will be made public by the end of Sept 2023, Sumita Dawra, Spl Secy in the Dept for Promotion of Industry and Internal Trade, said. This will help show a clear YoY comparison of how the NLP is helping reduce costs.
India will allow imports of laptops and tablets without licences where the shipment has been ordered before Aug 3 and the customs has been ordered to clear such consignments.
According to exporters, the finance ministry needs to provide reasonable funds to the Department of Commerce not only for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme reimbursement but also for export promotion and other initiatives.
None of the ships released so far are going to Yemen, Somalia, Ethiopia or other countries facing catastrophic levels of hunger. Instead, they are going wherever buyers want them to
Coal prices are at high levels and global demand may reach a new all-time high in 2022, depending on weather and economic growth, forecasts International Energy Agency
Come January 1, 2022, the set of codes used to monitor and regulate global trade by more than 200 nations, will be changing.
The Ever Given vessel, almost as long as the Empire State Building is high, ran aground diagonally across the single-lane stretch of the southern canal on Tue.
Sakshi Batra gets in a conversation with Moneycontrol's Priyanka Sahay to find out more about the clamp down and its implications.
In an interview to CNBC-TV18, CL Rathi, MD of Advanced Enzyme Technologies spoke about the results and his outlook for the company.
Smartphone shipment in the country remained almost flat at 25.8 million units in the October-December 2016 quarter compared to the year-ago period, impacted by demonetisation and seasonal slowdown after festive sales, research firm IDC said.
Shipment of devices like PCs, smartphones and tablets is expected to remain flat this year to total 2.32 billion units, according to research firm Gartner.
Total shipment in the second quarter clocked over 5.67 lakh units of which the basic wearables -- defined as wearables that can't run third party applications -- contributed nearly 94 percent, IDC said.
Company's last quarter showed a poor bottom-line because of write-down of Rs 12 crore of stock loss due to drop in oil price.
Consumer demand for Notebooks is emerging as the sole bright spot in the India PC market, according to IDC.
Revenues remain flat sequentially - thanks to an uptick in Blade shipments.
After two quarters of positive growth, worldwide PC shipments totalled 92.2 million units in the fourth quarter of 2011, says Gartner.