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MARITIME TRADE DISRUPTIONS
Commerce ministry sets up committee for better utilisation of RELIEF initiative for exportersThe commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitiga...- Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to sh...
- 'Took stock of our bilateral cooperation': EAM Jaishankar meets US Secy of State Rubio on sidelines of G20S Jaishankar held a bilateral meeting with US Secretary of State Marco Rubio in Atlanta. The meeting focused on enhancing India-US cooperat...
- Jaishankar has a message for the world: Give diplomacy a chance, as military solutions won't workExternal Affairs Minister S Jaishankar stressed the importance of diplomacy to address global challenges at the G20 meeting. He highlighted...
- Jaishankar's Atlanta diplomacy: Quad meeting and several bilaterals on G20 sidelinesExternal Affairs Minister S Jaishankar has a busy schedule during the G20 Foreign Ministers' Meeting in Atlanta. He is expected to engage i...
- EAM S Jaishankar attends G20 Foreign Ministers' meeting in USJaishankar, who arrived in Atlanta late Thursday evening, interacted with his counterparts from several countries ahead of the meeting. He ...
- Tanker in Strait of Hormuz hit by explosives attached to small boat, UKMTO saysA tanker in the Strait of Hormuz was hit by a small boat carrying two explosive devices on Thursday, triggering a fire in its engine room a...
- Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
- Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
- Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
- Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
- India woos South Korean marine equipment makers as shipbuilding growsUnion Minister Sarbananda Sonowal highlighted the need for ambitious and universal maritime standards during the World Maritime Day roundta...
- Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...
- India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
- On Iran war, Trump weighs two options: 'make a deal' or 'finish it off'US President Donald Trump is weighing a deal with Iran against renewed military strikes, warning that a decision is approaching as Tehran e...
- Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
- Air India, AI Express extend temporary suspension of flights to Saudi Arabia until October 24Air India and Air India Express have extended their suspension of flights to Saudi Arabia until October 24. Bookings issued before October ...
- DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global tradeDP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for fa...
- Iran shifting tactics to step up attacks on shipping before US vote: OfficialsIran has begun using new offensive tactics against vessels in the Strait of Hormuz and nearby waters. This strategy aims to limit oil shipp...
- The Andaman Islands could be India's next big trade trump cardIndia is focusing on strengthening the Andaman and Nicobar Islands' strategic maritime role for regional trade. The upcoming Andaman Dialog...
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