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West Asia crisis impact limited so far, but risks rise if Strait of Hormuz disruption prolongs: Jefferies

NEW YORK: The ongoing West Asia crisis has not yet triggered a sharp market correction, but risks to energy-dependent economies like India could intensify...

President Trump temporarily waives maritime shipping law to ease energy costs

WASHINGTON : U.S. President Donald Trump on Wednesday (March 18, 2026) temporarily waived a century-old shipping law to help ease energy costs that have...

Sarbananda Sonowal, MoPSW, chaired a review and consultation meeting with Port and Maritime Stakeholders

MUMBAI : Hon’ble Union Minister for Port, Shipping and Waterways, Shri Sarbananda Sonowal, chaired a review and consultation meeting with port and maritime stakeholders...

Union Minister Sarbananda Sonowal urges proactive measures for shipping stability amid global shifts

MUMBAI: Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal emphasized the importance of addressing industry concerns promptly to ensure comfort and stability,...

Around 3 lakh metric tonnes LPG presently stranded at Strait of Hormuz : Govt

HORMUZ : About 3 lakh metric tonnes of liquified petroleum gas (LPG) is presently stranded at the Strait of Hormuz, Rajesh Kumar Sinha, special...

In Brussels, Jaishankar discusses Iran with EU counterparts

BRUSSELS : On the second day of his Brussels visit, External Affairs Minister Dr.S. Jaishankar met with European Commission President Ursula von der Leyen...

NICDC organises stakeholder consultation on revitalising export-oriented industrial clusters

NEW DELHI : The National Industrial Corridor Development Corporation (NICDC) organised a consultation meeting on the Union Budget announcement regarding the rejuvenation of export-oriented...

Review meeting on JNPT–Vaitarna section of WDFC : DFCCIL

MUMBAI : A high-level review meeting was convened by Shri Praveen Kumar, Managing Director of Dedicated Freight Corridor Corporation of India Limited (DFCCIL), to...

Prolonged West Asia crisis deals multiple blows to Indian exporters

NEW DELHI : The prolonged West Asia crisis and the near-halt of traffic through the Strait of Hormuz and other Gulf shipping lanes have...

EU, UN discussing Black Sea type initiative for Strait of Hormuz: Kaja Kallas

LONDON : The European Union (E.U.) is in discussion with the U.N. on a Black Sea Grain initiative type arrangement to open up the...

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