Govt eases norms for customs cargo service providers to boost global trade

Govt eases norms for customs cargo service providers to boost global trade

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced key relaxations for Customs Cargo Service Providers to promote ease of doing business and cut logistics cost in order to facilitate global trade, according to an official statement issued on Friday. The key relaxations include a reduction in the number of days … Read more

Turks and Israelis lose over trade ban amid war with Hamas

Turks and Israelis lose over trade ban amid war with Hamas

Following Turkey’s decision to halt trade with Israel, Turkish businesses are bracing for a financial hit, and Israeli businesses are looking for alternative sources for imported products.  For more stories from The Media Line go to themedialine.org Bulent Gultekin, a former governor of Turkey’s central bank, told The Media Line that the ban would … Read more

German car makers ‘do not have to fear Chinese competition’: Lindner

German car makers ‘do not have to fear Chinese competition’: Lindner

Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka | Picture Alliance | Getty Images German carmakers do not have to fear competition from China and are still considered the best in the world, … Read more

Yemen’s Houthis say they launched missiles, drones at Israeli ships

Yemen’s Houthis say they launched missiles, drones at Israeli ships

Houthi terrorists in Yemen said on Sunday they had launched rockets and drones at British, US, and Israeli ships, the latest in a campaign of attacks on shipping in support of Palestinians in the Gaza war. The Iran-aligned group said it had targeted a British ship and a number of US frigates in the … Read more

Demand for shipments has risen since Red Sea attacks

Demand for shipments has risen since Red Sea attacks

A China-Europe freight train returning from Russia arrives at a railway container freight center on September 20, 2023 in Manzhouli, China. Liu Wenhua | China News Service | Getty Images Shippers are scrambling to find alternative ways to transport goods from China to Europe in light of the disruption caused by attacks on the Red … Read more