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Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO

LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026,...

Crude oil could hit $150 in extreme scenario, trigger global intervention: Vandana Bharti, SMC Global Securities

NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting...

India wants preferential access to US market : Piyush Goyal

NEW DELHI : Commerce Minister Shri Piyush Goyal, on Thursday, said India’s relationship with the US remains strong, underpinned by a deep strategic partnership...

“Build up some delayed courage”: Trump urges allies to “reclaim” Strait of Hormuz from Iran

WASHINGTON: US President Donald Trump has called on oil-importing nations to "build up some delayed courage" and take responsibility for reclaiming the Strait of...

CBIC holds outreach programme on Duty Deferment Scheme for manufacturer importers in New Delhi

NEW DELHI: In pursuance of the key trade facilitation initiative announced in the Union Budget 2026-27, the Central Board of Indirect Taxes & Customs...

India launches anti-dumping probe into ethyl chloroformate imports from China

NEW DELHI : India on Tuesday opened an anti-dumping investigation into ethyl chloroformate imports from China after a domestic producer alleged the ​chemical used...

Indian Navy Warships to keep watch on India-bound vessel in Strait of Hormuz

NEW DELHI: The Indian Navy deployed multiple warships to escort two Indian-flagged LPG tankers through the Strait of Hormuz safely between Friday night and...

CBIC introduces deferred Customs Duty payment facility for Eligible Manufacturer Importers as announced in Union Budget 2026-27

NEW DELHI: In pursuance of the Union Budget 2026–27 announcement by the Union Minister for Finance and Corporate Affairs, the Central Board of Indirect...

GTRI calls for overhaul of tariff structure, customs to boost India’s trade

NEW DELHI : India needs a sweeping overhaul of its import tariff structure and customs administration to cut trade costs, strengthen manufacturing competitiveness and...

India set to import German AIP Submarines in $8 Billion deal after 10 years

NEW DELHI : Germany and India are reportedly poised to sign a deal worth over $8 billion for the supply of six SSKs (Submersible...

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