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WEST ASIA CRISIS SHIPPING DELAYS
India stresses security of seafarers as "high priority" after Indian vessel sinks off Yemen; calls for safe, unimpeded passageIndia's External Affairs Ministry stressed seafarer safety following a Red Sea vessel sinking. All thirteen Indian nationals aboard were su...
Britannia net jumps 14%, sales touch Rs 5,000 crore in Q1Britannia Industries saw net profit rise fourteen percent in the June quarter. Sales increased eight percent to five thousand crore rupees ...
US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...
Kingfisher maker United Breweries cuts West Asia crisis impact estimate to ₹350-400 croreUnited Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments i...
4,052 stranded Indian seafarers repatriated amid West Asia crisis, says Shipping Minister Sarbananda SonowalOver 4,000 Indian seafarers have been safely repatriated during the West Asia crisis. Emergency response channels handled thousands of call...
Cautious optimism in India's hospitality and travel sector amid West Asia crisisIndian travel companies and hotels expect a strong current quarter performance. Buoyant domestic travel and upcoming events will offset Wes...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
West Asia conflict adds fresh cost pressures for India IncA prolonged conflict in West Asia is making it harder for companies to manage costs as volatility in commodity prices, freight rates and cu...
Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
West Asia conflict: PM Modi directs measures to safeguard Indians, boost renewable energy pushPrime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assi...
Exporters flag West Asia crisis concerns to GoyalIndian exporters face order uncertainty and higher logistics costs due to the West Asia crisis. Overseas buyers are cautious, seeking exten...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
India urges de-escalation in West Asia, condemns Strait of Hormuz attacksIndia voiced deep concern over escalating West Asian hostilities and maritime attacks. The nation strongly condemned recent attacks on vess...
Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasin...
Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies dur...