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exports: Container crisis, high freight charges hit exports from Kolkata


Synopsis
Freight charges have skyrocketed and freight forwarders to the West Coast are also declining to book cargo due to severe scarcity of containers, exporters said.
iStock
Freight forwarders said the delay to get space and container is at least 10-15 days and planning has gone for a toss.
KOLKATA: A shortage of containers and increased freight charges are adversely affecting exports from Kolkata causing apprehensions of huge financial and business loss, exporters said on Tuesday.
The crisis of vessel space and containers is nationwide but the situation is worse in Kolkata, they said.
Availability of containers is less than half of the demand causing disruptions in exports and delivery schedule has gone haywire. Predictability of availability of container and freight rates is not there anymore. Freight rates have jumped 2-3 times of the pre-Covid levels, Federation of Indian Export Organisations(FIEO) chairman-east, Sushil Patwari told . ....

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Freecharge to offer a range of comprehensive financial services

Freecharge to offer a range of comprehensive financial services
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Franquismo: "No va a quedar ni un Apolonio vivo": la represión contra la familia de Teo, la única mujer topo del franquismo

Franquismo: "No va a quedar ni un Apolonio vivo": la represión contra la familia de Teo, la única mujer topo del franquismo
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Freecharge launches 'Pay Later' for its customers


Freecharge launches Pay Later for its customers
​ By
IANS
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. Online payment. (File Photo: IANS). Image Source: IANS News
New Delhi, May 25 : Digital payments platform Freecharge on Tuesday launched the Pay Later service that facilitates customers to make payments through a single click for their small-ticket purchases.
The expenses get aggregated for a month and customers can pay at the end of the month, seamlessly.
We have launched this product to increase engagement of our users by providing them a seamless payment product backed by a credit limit, Siddharth Mehta, CEO, Freecharge, said in a statement.
The facility enables our customers to pay for their small-ticket purchases both online and offline with mobile being the form factor, rather than cash or cards, Mehta added. ....

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