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News: Global Trade

Shipping freight rates hit all-time high—why the boom won’t fade soon

September 29, 2026

LONDON: The global shipping industry has reached unprecedented earnings levels, with the ClarkSea Index hitting a historic high of $64,569 per day. This figure...

US exempts India, 19 other nations from 100% tariff on speciality drugs

September 29, 2026

WASHINGTON D.C.: In a major development for international trade, Washington has announced that select speciality medications and related components originating from India and 19...

India’s first port-based e-Methanol production facility to produce and supply green fuel to ships at Deendayal Port Authority (DPA) in Kandla

September 28, 2026

GANDHIDHAM: India took a major step toward becoming a green energy exporter as Gujarat CM Shri Bhupendra Patel, Union Minister of Ports, Shipping and...

Piyush Goyal highlights UP’s growing global trade and investment opportunities

September 28, 2026

GREATER NOIDA : Union Minister of Commerce and Industry Shri Piyush Goyal highlighted that as global markets open up to India through Free Trade...

India, GCC review cooperation, welcome launch of FTA negotiations at New York meeting

September 28, 2026

NEW YORK: India and the Gulf Cooperation Council (GCC) on Friday (local time) reviewed the implementation of their Joint Action Plan and discussed regional...

Russia offers to help stabilise Strait of Hormuz; Foreign Minister accuses Europe of blocking Ukraine talks

September 28, 2026

NEW YORK: Russia is ready to help stabilise the Strait of Hormuz and the wider Gulf region, Foreign Minister Sergei Lavrov said at the...

Adani Logistics flags off Maersk’s first multi-carrier import block train from Mundra to ICD Patli

September 26, 2026

MUNDRA : Adani Logistics has achieved a new milestone in integrated rail logistics with the successful flag-off of Maersk’s first multi-carrier import block train...