Adani Ports posts bigger Q3 profit on higher cargo volumes, tariffs

[ BENGALURU: Adani Ports and special economic zone, India’s largest private port operator, reported a nearly 68% surge in third-quarter profit on Thursday, helped by a jump in cargo volumes and higher tariffs. Consolidated net profit rose to 22.08 billion rupees ($266.1 million) in the October-December quarter, the company, which is part of billionaire Gautam … Read more

End of tariffs in Switzerland to help exports

[ NEW DELHI: Abolition of tariffs or import duties on industrial goods in Switzerland is seen to help exporters of Indian textiles, shoes and other industrial inputs going into the European nation.The move comes at a time when India is in the final stages of concluding talks for a trade treaty with European Free Trade … Read more

Singapore signs deal with Latin American bloc

[ SINGAPORE: Singapore has signed a ground-breaking free trade agreement with four South American nations. The deal signed yesterday with Argentina, Brazil, Paraguay and Uruguay – a group known by the Spanish acronym Mercosur – is Singapore’s first trade pact with these states and the bloc’s first such deal with a South-east Asian nation. Read … Read more