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Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Actor Madhavan admires the company that just paid two and half months of extra salary to employees despite challenging timesActor R Madhavan shared news of Emirates Group's remarkable achievement. The Dubai-based airline gave employees a 20-week salary bonus. Thi...
Insurance cos expand war-risk cover in UAE as tensions riseWar-risk insurance is now available for everyday consumers in the UAE. Insurers are offering new policies for cars, cargo, and travel. This...
US fights to reopen the Strait of Hormuz as the UAE comes under attack in a test of Iran truceThe United States said it reopened a shipping lane in the Strait of Hormuz after engaging Iranian forces, sinking six boats that were targe...
Will UAE fight back Iran? US Navy reopens Strait of Hormuz as UAE faces Iranian missile and drone attacksWill UAE fight back Iran? The United States moved to reopen the Strait of Hormuz after Iran launched missile and drone attacks on the UAE a...
UAE says Iran has resumed attacks as the US moves to reopen the Strait of HormuzThe United Arab Emirates reported Iranian attacks. This happened after US President Donald Trump's initiative to reopen the Strait of Hormu...
Iran war: Strait of Hormuz traffic barely affected on first day of US blockade, data showsUS-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite ...
Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...
Several measures announced to cushion exporters from Gulf conflict impact: DGFTIndia is taking steps to help exporters facing challenges due to the Gulf conflict. Key sectors like gems, jewellery, rice, and pharma are ...
Farm exporters take costly detours as Middle East conflict disrupts tradeIndian horticulture exporters are rerouting shipments to alternative Middle East ports like Khor Fakkan. This move aims to bypass congestio...
Govt launches ₹497-crore RELIEF scheme as West Asia crisis disrupts exportsThe Indian government has launched the RELIEF scheme with Rs 497 crore to aid exporters impacted by West Asia conflict disruptions. This in...
Planning early shipments, exploring alternate routes amid West Asia crisis: ExportersIn light of the West Asia turmoil, Indian exporters are becoming agile strategists, monitoring the movements of shipping companies with a k...
Indian fruit, vegetable exporters a worried lot as Iran war upsets all calculationsIran war: Demand typically rises during Ramzan-Easter. Several exporters even source seeds and cultivate produce specifically for Europe, w...
Rising tensions in Middle East may impact trade, push up freight, insurance costsRising Middle East tensions are set to disrupt global trade. Experts warn of higher freight and insurance costs, delayed shipments, and a s...
India grants interim relief to four Russian ship insurersIndia has extended insurance cover for ships arriving at its ports. Four Russian insurance companies, including Soglasie and UGORIA, will n...
India gives one month extension to four Russian insurersIndia has temporarily greenlit four Russian insurance firms to maintain marine coverage for incoming ships at its ports. This interim solut...
India's general insurers eye bigger marine pool for Russian oil, fertiliser shipmentsLast year, general insurance companies led by state-run reinsurer GIC Re had set up a cargo pool for fertiliser imports with a net capacity...