Category : Trade & Export


Japan Eyes North America for Crude Oil Supply Diversification

The Japan Petroleum Association is actively considering North America as a key source for crude oil supplies, aiming to diversify its energy portfolio. Chairman Kito, also head of Idemitsu Kosan, confirms no plans to source Russian crude beyond Sakhalin 2

Germany Turns to India to Solve Skilled Worker Shortage

Facing a demographic crisis with retiring baby boomers and low birth rates, Germany is importing thousands of young Indian apprentices to fill critical trades like butchery, baking, and construction. A 2024 study shows Indian workers earn 29% more than Ge

Tankers Arrive at New Mangalore Port Amid West Asia Crisis

Amid the West Asia crisis, two vessels—an LPG tanker from the US and an oil tanker from Russia—arrived at New Mangalore Port, with cargo charges waived to support supply. The port's underground LPG facility enhances India's energy security.

India-EU FTA to Boost Tech Access and Auto Exports: CEO

The proposed India-EU free trade agreement is expected to enhance technology access, support localization, and create export opportunities for the automotive sector, according to Skoda Auto Volkswagen India's CEO Piyush Arora.

Indo-Tibet Trade Resumes via Shipki La Pass in June

Indo-Tibet trade through Shipki La pass in Kinnaur, Himachal Pradesh, set to restart in June after a COVID-19 suspension. Minister Jagat Singh Negi highlights economic benefits and calls for road development to boost tourism and commerce.

Russian & US Oil Tankers Reach India as Hormuz Tensions Escalate

The MT Aqua Titan, a Russian oil tanker chartered by MRPL, is anchored off Mangalore, with US LPG shipments also arriving. This occurs as India prioritizes energy security amid escalating geopolitical tensions in the Strait of Hormuz, a key global oil cho

Chennai Flyover Boom: Madhya Kailash, T Nagar Transform

Chennai's mega infrastructure push is reshaping commutes with major flyover transformations at Madhya Kailash and T Nagar, improving traffic flow while raising concerns about construction quality and pedestrian safety.

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