Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at
Iran says MSC Aries vessel seized for ‘violating maritime laws’
TEHERAN : A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iran on April 13 for “violating maritime laws”, Iran’s Foreign Ministry said on April 15, adding that there was
New Mangalore Port: Boosting Cruise Tourism
MANGALURU : The arrival of the ‘Seven Seas Navigator’ at New Mangalore Port on December 8, 2023, heralded the commencement of a new cruise season, slated to run
India signs deals with Brazil, Argentina for pulses import
NEW DELHI : India is diversifying its import of pulses to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of
Türkiye’s share in global exports hits record level in 2023
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The
Russian oil and products trapped on tankers hit by new Iran-related sanctions
MOSCOW : Russian oil and products have become trapped at sea on four tankers after the United States hit the vessels with fresh Iran-related sanctions, LSEG data showed
‘IMO is not slow’ Sec-Gen hits back at critics of decarbonisation pace
SINGAPORE : “IMO is not slow”, was the reply of Secretary-General Arsenio Dominguez when asked to respond to those impatient with its pace on regulation for decarbonisation of
Long pending reforms to boost shipping industry, promises BJP manifesto
NEW DELHI : Ahead of the Lok Sabha elections, the ruling Bharatiya Janata Party (BJP) has promised to encourage the growth of the Indian maritime sector through legislative
EAM discusses release of 17 Indians aboard MSC Aries with Iranian counterpart
NEW DELHI : External Affairs Minister Shri S Jaishankar engaged in a conversation with H. Amirabdollahian, the Minister of Foreign Affairs of the Islamic Republic of Iran on April
Families of Indian Crew in ship MSC Aries seized by Iran get relief calls as war looms
THIRUVANANTHPURAM : At least four Malayalis, including a woman, are reported to be among the 17 Indians Crew on MSC Aries the Israel-linked cargo ship seized by Iranian