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SEA ROUTES COMPETITION
'Trade becoming means of weaponisation, sea routes epicenter of geopolitical tension': PM Modi highlights India's role in changing world orderPrime Minister Narendra Modi underscored the evolving nature of international relations. He explained how trade is increasingly being used ...
Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
"India stands ready to work with ASEAN as reliable, equal partner": Rajnath SinghDefence Minister Rajnath Singh on Wednesday called for stronger defence cooperation between India and ASEAN countries, including joint rese...
US has deliberately become a ‘lonelier power’, China’s rise reshaping global order: JaishankarExternal Affairs Minister S. Jaishankar emphasized the changing nature of global politics at the Munich Security Conference. He noted that ...
China is building a new rulebook for dealing with the US — tariffs are only the beginning of a much broader resetChina and the United States have established a reciprocal framework for tariff reductions on approximately $30 billion of goods from each s...
Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
Piyush Goyal plans 1,000-strong regional language network to handhold exportersIndia will train one thousand local personnel in regional languages to support exporters. Integrated commerce and industry offices are plan...
Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
Shell-led LNG Canada partners may take Phase 2 FID as early as OctoberLNG Canada partners may decide on a Phase 2 expansion next month. This expansion would double the facility's export capacity to twenty-eigh...
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
At 15, he won $500 building a drone; today, Bengaluru teen founder runs a $50 million aerospace startupNaman Pushp began experimenting with drones as a teenager during the 2020 lockdown, winning $500 at a hackathon and reinvesting the money i...
Geopolitical shocks are forcing companies to rethink procurement intelligence: Claight CEOGeopolitical tensions, tariff uncertainty and repeated supply-chain disruptions are pushing global companies to move from periodic procurem...
China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...
India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM ManturovIndia and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access t...
Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
Quote of the day by Alfred Thayer Mahan, “Force is never more operative than when it is known to exist but is not brandished.” Why Mahan said whoever rules the waves rules the worldQuote of the Day by Alfred Thayer Mahan: In 1890, naval strategist Alfred Thayer Mahan published The Influence of Sea Power upon History. T...
Red Sea crisis: Commerce Ministry asks Financial Services dept to monitor credit flow to exportersThe Commerce Ministry has directed the Department of Financial Services (DFS) to monitor and ensure credit flow to exporters facing challen...
Red Sea crisis: Commerce min calls inter-ministerial meet on Jan 17 to discuss way forward on tradeThe Indian commerce ministry has scheduled a high-level inter-ministerial meeting on January 17 to address trade challenges arising from on...
India developing sea protocols for fresh fruits, vegetables to promote exports through ocean routesIndia is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates, and jackfruit to promote their expor...