Half of Red Sea container fleet avoids route after attacks
CAIRO : Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.
India could settle Oman and UK FTAs in early 2024
NEW DELHI : India negotiated hard to secure crucial bilateral deals with key trading partners, throughout 2023. Experts believe the country could secure Foreign Trade Agreements (FTAs) with
Tesla is finalizing negotiations for its first manufacturing plant in Gujarat, announcement expected
GANDHINAGAR : Tesla is all set to enter India with its manufacturing plant in Gujarat next year. The negotiation for the establishment of the first manufacturing unit of
Mines ministry identifies offshore blocks in economic zone for exploration
NEW DELHI : The mines ministry on Thursday said it has identified some offshore blocks for granting operational rights and has sought inputs from the departments concerned to
PM Modi discusses maritime security with Saudi Arabia’s Prince Mohammed bin Salman
NEW DELHI : Prime Minister Shri Narendra Modi discussed the West Asia situation in a phone conversation with Saudi Crown Prince and PM Mohammed bin Salman bin Abdulaziz Al Saud while reviewing progress in
India’s first rupee payment for UAE oil set to spur two-way trade boom
NEW DELHI : India, the UAE’s second-largest trading partner, has made its first-ever payment in Rupees for crude oil purchased from the Emirates, signalling what could be a
SBI-led consortium to finance Auro Infra’s ₹3,000-crore Gateway Port in Kakinada SEZ
KAKINADA : A consortium of banks led by the State Bank of India is set to provide a loan of ₹3,000 crore to the Kakinada Gateway Port Private Limited
Year-End- Review of Ministry of Textiles– 2023
NEW DELHI : From launching PM MITRA Parks to investment under PLI Scheme, it was an eventful year for Ministry of Textiles. Some of the key initiatives and
Seminar at VGGS on roadmap for `Viksit Bharat @2047′, USD 3.5 trillion Gujarat Economy
GANDHINAGAR : The upcoming Vibrant Gujarat Global Summit, scheduled to be held on 10 January 2024 will highlight the “Gujarat’s Roadmap for Viksit Bharat@2047,” Mr. Rakesh Shankar, Secretary
Egypt and Jordan agree to operate new maritime route, an alternative to shipping via the Red Sea
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line
