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Major shipping lines are avoiding the Suez Canal and are rerouting vessels around the Cape of Good Hope, which has increased time and costs for exporters. File | Photo Credit: KK Mustafah Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing…
India’s union trade ministry did not immediately respond to a request for comment. (Representational) New Delhi: Apple, Dell, HP, Samsung and Lenovo are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed at monitoring shipments, two government sources said. Acer, Xiaomi, IBM and ASUS have also…
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