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Iran imposes mandatory insurance on ships transiting Strait of Hormuz, with fees likely to follow

TEHRAN : IRAN has introduced mandatory insurance for all vessels transiting the Strait of Hormuz, requiring shipowners to obtain coverage approved — and initially...

Rising geopolitical tensions and the growing importance of marine war risk covers

It no longer takes a full scale war to disrupt global trade. A missile strike near a busy shipping lane, a drone spotted at...

Israel and Hezbollah agree to renew ceasefire after flareup of violence

TEL AVIV: Israel and Hezbollah agreed to renew a fragile ceasefire in Lebanon on Friday after 24 hours of intense violence that posed an early challenge...

Goldman Sachs warns Strait of Hormuz traffic may recover to only 70% after war

BANDAR ABBAS : Oil flows going through the Strait of Hormuz may recover to only about 70 per cent of their pre-war level, according...

US lifts maritime blockade on Iranian ports after signing MoU, says CENTCOM

WASHINGTON DC: The US Central Command (CENTCOM) on Thursday (local time) announced that the United States has lifted its maritime blockade on all traffic...

A Defining Turning Point for India’s Global Trade: Mr S C Ralhan, President, FIEO

NEW DELHI:  The signing of the historic US-Iran Memorandum of Understanding is a significant breakthrough that promises to reshape global trade dynamics. For the...

West Asia conflict and El Nino pose demand risks; inflationary pressure may impact earnings of India Inc. in the near term: ICRA

NEW DELHI: Rating agency ICRA projects India Inc. to witness moderation in its revenue growth to mid-to-high single digit in Q1 2026-27 (against a...

PM Modi hails India-UK Comprehensive Economic and Trade Agreement as a historic milestone for bilateral relations to come soon

EVIAN : Prime Minister, Shri Narendra Modi, has expressed delight that the India-UK Comprehensive Economic and Trade Agreement will enter into force on 15...

‘Time is now, get into action & start investing before it is too late’ : Piyush Goyal to the Corporate Investors

NICE : Commerce and Industry Minister Shri Piyush Goyal urged investors, corporates and venture capital funds to start investing in India before it is...

PM Modi meets PM Mark Carney of Canada on the sidelines of the G7 Summit

EVIAN : Prime Minister Shri Narendra Modi and Prime Minister Mark Carney of Canada met on the sidelines of the G7 Summit in Evian,...
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