Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs
NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) has warned, as freight rates
24 US states sue Trump over new 10% tariffs after Supreme Court blocks earlier duties
WASHINGTON D.C.: A group of US states said Thursday that they had filed a lawsuit against President Donald Trump‘s new tariffs on imports, imposed after the Supreme Court struck down his global duties last
Global trade reroutes to Africa as Hormuz traffic plunges 90%
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global maritime trade to reroute around the Cape of Good Hope,
JNPA shatters all-time records, surpasses 7.33 Million TEUs in FY 2025-26
MUMBAI : The Jawaharlal Nehru Port Authority (JNPA) has achieved a significant milestone in the current financial year, recording a container throughput of 74,26,214 TEUs and an overall cargo throughput of 92.85 million metric
Indian Exporters hit hard by $4,000 contingency surcharge
NEW DELHI : Indian exporters whose goods had managed to cross the Strait of Hormuz and docked safely at ports in West Asia are being asked to pay a contingency surcharge that could in
PM Modi addresses Post Budget Webinar on “Sustaining and Strengthening Economic Growth”
Our direction is clear, our resolve is clear,Build more, produce more, connect more, export more: PM The world is looking for reliable and resilient manufacturing partners, and today India has the opportunity to firmly
7th India–Japan CEPA Joint Committee Meeting held in Tokyo
TOKYO: The 7th Joint Committee Meeting under the India–Japan Comprehensive Economic Partnership Agreement (CEPA) was held on 2 March 2026 in Tokyo, Japan. The meeting was co-chaired by Secretary, Department of Commerce, Shri Rajesh Agrawal,
CMA CGM suspends Middle East Bookings, Implements Emergency Measures amid escalating Regional Tensions
MARSEILLE: Global shipping major CMA CGM has announced sweeping operational measures across the Middle East, including the immediate suspension of bookings to several regional ports and the implementation of emergency protocols for ongoing shipments. The move