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DHL Express and ASEAN Business Advisory Council partner to strengthen MSME competitiveness and advance ASEAN trade integration

MANILA: DHL Express and the ASEAN Business Advisory Council (ASEAN-BAC) have formalized a strategic collaboration through a Memorandum of Understanding (MoU) to advance...

First tranche of Bilateral Trade Agreement with US will be concluded as soon as possible: Piyush Goyal

NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal has said first tranche of the Bilateral Trade Agreement with US will be concluded...

Transits through Strait of Hormuz remain limited as Iran-US peace talks fizzle

HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend,...

Hormuz disruption remains most consequential variable for India’s external, price outlook: Finance Ministry review

NEW DELHI: The duration of the disruption in the Strait of Hormuz remains the "single most consequential variable" for India's external sector and inflation...

Iran’s IRGC says 28 ships passed through Hormuz in the last 24 hours

TEHRAN: Iran's Islamic Revolutionary Guard Corps (IRGC) on Sunday said that 28 ships, including oil tankers, container vessels, and other commercial ships, passed through...

118 commercial vessels redirected, five disabled under Iran blockade: US military

FLORIDA: The United States Central Command (CENTCOM) has announced that American forces have redirected 118 commercial vessels and disabled five others as part of...

Surat yarn traders in trouble as 1,000 imported containers worth ₹250 crore stuck at Mumbai, Hazira Ports

SURAT : Surat’s textile industry is facing a major crisis after around 1,000 containers carrying imported specialty yarn worth an estimated ₹250 crore were...

Iran’s new Strait of Hormuz body condemns US sanctions, vows ‘no interruptions’

TEHRAN: Persian Gulf Strait Authority (PGSA), Iran's new body to manage the passage of vessels through the Strait of Hormuz, condemned the US sanctions...

EY warns India may need bigger reserves of oil, fertilizers, medicines to shield consumers from global crises

NEW DELHI: Amid rising geopolitical tensions and volatile global commodity prices, consultancy firm EY has said India needs to build larger strategic reserves of...

Iranian media reports exchange of fire between Iranian, US forces amidst ceasefire

TEHRAN: Iranian media on Thursday reported an exchange of fire between Iranian and US forces near the Strait of Hormuz, with Tehran saying its...

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