WASHINGTON : Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows. The move, which could block $1 billion in
SANA : Yemen’s rebel government says it supports a vow by its armed wing a day earlier to hit US ships in the Red Sea should Washington launch strikes on Iran. “We affirm the
WASHINGTON : President Donald Trump predicted on Friday that the United States will be able to negotiate trade deals with both India and Pakistan. Speaking to reporters as he arrived in New Jersey, on
NEW DELHI : In a move that reflects India’s policy emphasis on boosting exports through Free Trade Agreements (FTAs), the country’s trade pacts with Australia and the United Arab Emirates (UAE) are beginning to
NEW DELHI : A dual-use equipment seized by India from a Pakistan-bound merchant vessel in 2020 is linked to Islamabad’s National Development Complex, which is involved in the country’s missile development programme, a new
NEW DELHI : India’s banana production is not only meeting domestic demand but is also making its way into banana puddings and cookies across the Middle East. In FY25, bananas overtook grapes to become
NEW DELHI : According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and air-cargo sectors to discuss the impact of the Iran-Israel conflict on India’s trade and
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired the Central Board of Indirect Taxes and Customs (CBIC) Conclave with the Principal Chief Commissioners, Chief Commissioners and Director Generals
COPENHAGEN : Container shipping company Maersk, opens new tab said on Friday it had temporarily paused vessel calls at Israel’s Haifa port, amid the country’s escalating conflict with Iran. The Danish company said it had not experienced
KOCHI : The Directorate of Revenue Intelligence (DRI) has placed two shipping agents operating at the Nhava Sheva Port in Navi Mumbai under close surveillance in connection with the investigation into the cargo aboard