Maersk launches FI2 ocean service to strengthen India-China trade connectivityLeveraging Pipavav port and the Dedicated Freight Corridor, Maersk offers integrated logistics, significantly cutting transit times to key ...
26 May, 2026, 01.55 PM IST
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
22 May, 2026, 11.11 AM IST
With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
14 May, 2026, 11.01 AM IST
Adani Group is jumping into Europe's deep waters. What can happenAdani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Th...
13 May, 2026, 02.55 PM IST
No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
07 May, 2026, 03.11 PM IST
UltraTech Cement Q4 Results: Profit rises 20% YoY to Rs 2,983 crore; co declares Rs 240/share dividendUltraTech Cement Q4 Results: UltraTech Cement announced a significant 20% rise in its net profit for the fourth quarter. The company also r...
27 Apr, 2026, 02.44 PM IST
California oil and jet fuel supply crisis: why are prices hitting $15 jet fuel and $5.85 gas as capacity and supply plunge—how soon can recovery happen?California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5...
24 Apr, 2026, 06.30 PM IST
Global Market: BOJ faces policy dilemma as inflation eases but energy risks persistJapan’s core inflation slipped below the Bank of Japan’s 2% target for a second straight month in March, as subsidies and easing food price...
24 Apr, 2026, 10.40 AM IST
Government exempts IGST on ocean freight from October 1KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex court's ruling in the case of Mohit M...
27 Sep, 2023, 08.00 PM IST
IGST on ocean freight likely to be scrappedExperts said the move is likely to bring much needed relief to the importers, whose refund claims worth over ₹1,000 crore are stuck. "The i...
23 Aug, 2022, 12.37 AM IST
Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgementTax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. "In fact those taxpayers who h...
22 May, 2022, 03.21 PM IST
Supreme Court’s observation in Ocean Freight ruling could change landscape of GST framework: ExpertsThe Supreme Court on Thursday, ruling has held that GST on ocean freight paid in case of import of goods is unconstitutional. Also, the Ind...
20 May, 2022, 09.44 AM IST
Mumbai, Kandla ports clog as oil cos clamour for select ports for LPG importsUnder the PDS Kerosene and Domestic LPG Subsidy Scheme of 2002, the government has categorised ports at Kandla, Mumbai, JNPT, Jamnagar, Haz...
12 Apr, 2022, 04.35 PM IST
Companies, exporters cry foul as taxman raise fresh GST demands on ocean freight even as issue is pending in SCThe government and many companies, mainly importers, are fighting a battle in the Supreme Court over the imposition of integrated GST (IGST...
18 Jan, 2022, 09.04 AM IST
Two years of GST: The past, present and expectationsHiccups are expected in anything new, but after two years there has to be a climate of certainty with smooth GSTN network and minimum chang...
01 Jul, 2019, 09.51 AM IST
Importers worried over service tax on ocean freight: EEPCThe industry body said the latest order of Finance Ministry levying 4.5 per cent service tax on ocean freight has come as a bolt from the b...
27 Jan, 2017, 07.29 PM IST
FedEx launches ocean freight service between India and USGlobal cargo company FedEx today launched a specialised ocean freight service between India and the United States.
19 Sep, 2013, 06.18 PM IST