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INDIA SHIPPING MINISTRY UPDATE
FACT, Chambal Fertilisers shares up to 5% as government eyes doubling fertiliser subsidy allocationFertiliser stocks rallied after reports of a proposed doubling of subsidy allocation to Rs 1.71 lakh crore for FY27. Rising global prices a...10 Jun, 2026, 12.27 PM IST- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...10 Jun, 2026, 12.22 PM IST
- Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...10 Jun, 2026, 10.44 AM IST
- India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...09 Jun, 2026, 06.27 PM IST
- Oil tanker catches fire near Oman; 24 Indian seafarers safeAn empty oil tanker, MT Marivex, caught fire near Oman on Monday. All 24 Indian seafarers on board are safe. The vessel was outside the Str...09 Jun, 2026, 01.27 PM IST
- Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...09 Jun, 2026, 01.23 PM IST
- US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...08 Jun, 2026, 10.50 PM IST
- Defence ministry expects 24 Tejas Mk1A jets to be ready by end of yearDefence ministry sources have said that the production and readiness schedule for the LCA Mark1A is expected to reach around 18 to 24 aircr...08 Jun, 2026, 08.37 PM IST
- Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...08 Jun, 2026, 05.45 PM IST
- India says fire reported on oil tanker with 24 Indian sailors, all crew safeA fire broke out on the oil tanker Marivex off the coast of Oman, with 24 Indian sailors on board. All sailors are reported safe, and autho...08 Jun, 2026, 04.26 PM IST
- UAE simplifies work permit system, expands categories to 13The UAE's Ministry of Human Resources and Emiratisation has introduced new work permit reforms. These changes aim to accelerate hiring and ...08 Jun, 2026, 10.33 AM IST
- Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...07 Jun, 2026, 12.36 PM IST
- Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...07 Jun, 2026, 10.52 AM IST
- Trump tariffs changed taste of foods in U.S? Label checking reveals shocking detailsTrump Tariffs have grabbed headlines and become the topic of discussion around the world. Now there is a reality-check on the food ingredie...06 Jun, 2026, 05.49 PM IST
- Kuwait intercepts 'hostile' missile, drone attacks days after fatal airport strikeKuwaiti air defenses are actively intercepting hostile missile and drone attacks, following a recent drone strike that killed an Indian nat...06 Jun, 2026, 08.09 AM IST
- Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasionTaiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is...04 Jun, 2026, 12.06 PM IST
- India wants return of stranded ships before sending more to GulfIndia's priority is to bring back its ships stuck near the Strait of Hormuz. Only after these vessels are safe will India consider sending ...21 May, 2026, 06.46 PM IST
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