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India’s services growth slows to 14-month low as Middle East war hits demand : PMI

BENGALURU : India's services sector grew at its weakest pace in 14 months in March as the Middle East war dampened domestic ​demand, a...

Türkiye gears up to kick off first offshore drilling in Somalia

SOMALIA : Türkiye is preparing to begin its first offshore drilling operation in Somalia as its new vessel Çağrı Bey is due to arrive...

MoPSW confirms all Indian seafarers are safe; Indian-flag vessels continue smooth transit through Strait of Hormuz

NEW DELHI : The Ministry of Ports, Shipping and Waterways (MoPSW) has confirmed that all Indian seafarers operating in the Western Persian Gulf region...

FIATA and Otonomi Partner to bring cargo and delay insurance to freight forwarders worldwide

GENEVA : FIATA International Federation of Freight Forwarders Associations and Otonomi Inc., an Insurtech provider specialising in cargo delay insurance, announced a strategic partnership...

Middle East war means ‘all roads’ lead to higher prices, slower growth : IMF Chief

WASHINGTON : The war in the Middle East will lead to higher inflation and slower global ​growth, the head of the International Monetary Fund...

It was an extraordinary situation, ship master was given route to follow: SCI chairman recounts Hormuz transit of LPG carrier Shivalik

MUMBAI : For the captain and the 26-member crew of the Shivalik, it was an uncharted route. Sailing close to the Iranian coast, the...

Top Korean business heads set to visit India, Vietnam in search for opportunities

SEOUL : The leaders of Korea’s top conglomerates will likely visit India and Vietnam later this month as they seek business opportunities to hedge...

Iran halts two Qatar LNG tankers it previously cleared to transit Strait of Hormuz : sources

SINGAPORE : Iran's Revolutionary Guards halted two Qatar liquefied natural gas tankers that had been heading towards the Strait ‌of Hormuz on Monday...

West Asia crisis : Jaishankar speaks to Qatari PM and UAE Foreign Minister

NEW DELHI : External Affairs Minister Dr. S Jaishankar spoke with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday...

Iran-Israel war LIVE: Trump says Iran can be taken out in one night

Iran rejected the latest ceasefire proposal and instead said it wanted a permanent end to the war, as U.S. President Donald Trump’s ultimatum loomed...
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