India seriously concerned about crude oil trade due to Iran-Israel war
NEW DELHI : While Israel and allies including the US, UK and France managed to mostly foil an unprecedented attack by Iran on the Jewish state, stock markets in Israel, Saudi Arabia and elsewhere
India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue & diplomacy”, the foreign ministry said on
APSEZ intends to invest ₹1,689 Crore for ship leasing firm in Gift City
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of ₹1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step-down subsidiary company, to operate within the GIFT
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the China’s
The global shipping industry faces a “shadow of uncertainty”
BOSTON : Worldwide shipping industry faces a “shadow of uncertainty”, particularly with China’s economy teetering on the brink of instability. So says Veson Nautical, which delivers freight management solutions for the global shipping economy.
Ministry of External Affairs advises Indians to not travel to Iran or Israel till further notice
NEW DELHI : The Ministry of External Affairs (MEA) on Friday issued a travel advisory for Iran and Israel, wherein it asked Indians to avoid travelling to these places till further notice. It asked all
Moody’s maintains stable rating for India with growth forecast
NEW YORK : Global rating agency Moody’s on Friday maintained a stable ‘outlook’ and affirmed long-term and short-term ratings at ‘Baa3’ and ‘P-3’ respectively for India. It has estimated growth rate of 8 per
Citroën becomes the first multinational carmaker to export Made-in-India EVs from India
CHENNAI : French carmaker Citroën became the first multinational car manufacturer in India to export domestically made electric vehicles to the international market. The company on Thursday announced the commencement of exports of locally