India delivers 1st batch of BrahMos supersonic cruise missiles to Philippines
NEW DELHI : India on Friday delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a deal worth almost $375 million to
Tamil Nadu continues to be number one state in electronic goods exports in FY24
CHENNAI : Tamil Nadu continues to consolidate its position as India’s leading exporter of electronic products with its share constituting a whopping one-third of India’s total electronic goods value of $29.12 billion during FY24.
Russia builds new Asia trade routes to weaken sanctions over war
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East
Red Sea disruption pushing up container values and rates
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily for this sector after reaching a
Indian Govt issues fresh guidelines to protect ship movement in the Persian Gulf
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian
Israel and Iran tensions could impact India’s trade
NEW DELHI : Iran’s attack on Israel earlier this week has sparked tensions in the Middle East and beyond. India, which has friendly ties with both the countries, has expressed “serious concerns” about escalation of hostilities.
India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from China rose 3.29% to $101.75 billion
Indonesia’s volcano eruption triggers Tsunami alert, thousands told to evacuate
JAKARTA : A tsunami alert was issued in Indonesia on Wednesday after multiple eruptions of the Ruang mountain volcano sent ash and lava thousands of feet in the sky. The tsunami alert in multiple areas of