May 6, 2026
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Cabinet approves Emergency Credit Line Guarantee Scheme 5.0 amid West Asia Crisis

May 6, 2026 EXPORT, COMMERCE, Economy, MSME, Trade, Trending News
NEW DELHI : The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. The scheme aims to provide credit guarantee coverage of 100% for

Cabinet approves Ship Repair Facility at Vadinar, Gujarat

May 6, 2026 Maritime, Ship Repair, Shipping, Shipyards, Trade, Trending News
NEW DELHI : The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the development of a state‑of‑the‑art Ship Repair Facility at Vadinar, Gujarat, marking a major expansion

Cabinet approves three multitracking projects covering 19 Districts increasing the existing network of Indian Railways by about 901 Kms

May 6, 2026 Railway, Business, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved 03 (Three) projects of Ministry of Railways with total cost of Rs. 23,437 crore (approx.).

Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore

May 6, 2026 Trade, Business, Global Trade, Technology, Trending News
NEW DELHI : The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved two more semiconductor projects under India Semiconductor Mission (ISM) which includes country’s first commercial Mini/Micro-LED display facility based on

DPA Kandla signs landmark MoU to enable liquid Green Hydrogen exports

May 6, 2026 EXPORT, Green Shipping, Maritime, Ports, Shipping, Trade, Trending News
GANDHIDHAM : In a decisive step towards shaping India’s clean energy future, Deendayal Port Authority (DPA), Kandla has signed a landmark Memorandum of Understanding (MoU) with GH2 Solar Ltd. to undertake a Joint Feasibility

EXG handle Multimodal Movement of Huge Process Columns

May 6, 2026 Cargo, Logistics, Project Cargo, Trade, Transport, Trending News
MUMBAI: Express Global Logistics (EXG) have handled the multimodal transport and barging movement of super-heavy process columns through synchronised SPMT and marine operations. The project involved the multimodal movement of two over-dimensional process columns

“Unacceptable”: PM Modi condemns attack on UAE’s Fujairah, expresses solidarity after 3 Indians injured

May 6, 2026 Export - Import, Foreign Ports, Maritime, Maritime safety, Maritime Security, Shipping, Trade, Trending News
NEW DELHI: Prime Minister Shri Narendra Modi has reaffirmed India’s deep-rooted ties with the United Arab Emirates, expressing unwavering support for the Gulf nation after an attack on civilian infrastructure in the strategic energy

Trump says Project Freedom to be “paused for short period of time” while naval blockade on Iran continues

May 6, 2026 International Shipping, Maritime, Maritime safety, Maritime Security, Ocean Attack, Shipping Line, Trade, Trending News
WASHINGTON D.C.: US President Donald Trump on Tuesday (local time) announced that “Project Freedom”, an initiative aimed at helping the passage of commercial vessels trapped in the Strait of Hormuz amid escalating regional tensions

Ceasefire with Iran is not over : U.S. Defense Secretary

May 6, 2026 International Shipping, Defence, Global Trade, Maritime, Ocean Attack, Trending News
WASHINGTON : U.S. Defense Secretary Pete Hegseth said on Tuesday that the ceasefire with ‌Iran was not over, even as the U.S. and Iran exchanged fire in the Gulf as they wrestled for control

US proposes resolution to UNSC to defend free navigation, secure Hormuz; Rubio says “test” for UN

May 6, 2026 Export - Import, International Shipping, Maritime, Maritime Security, MSME, Shipping Line, Trade, Trending News
WASHINGTON D.C.: The United States on Tuesday (local time) proposed a draft resolution in the United Nations Security Council (UNSC) aimed at defending freedom of navigation and securing the Strait of Hormuz amid the
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