NEW YORK: The ongoing West Asia crisis has not yet triggered a sharp market correction, but risks to energy-dependent economies like India could intensify if disruptions in the Strait of Hormuz persist, according to
WASHINGTON : U.S. President Donald Trump on Wednesday (March 18, 2026) temporarily waived a century-old shipping law to help ease energy costs that have surged since U.S.-Israeli strikes on Iran plunged the West Asia
MUMBAI : Hon’ble Union Minister for Port, Shipping and Waterways, Shri Sarbananda Sonowal, chaired a review and consultation meeting with port and maritime stakeholders on Thursday, March 19th, 2026. The meeting focused on strategic
MUMBAI: Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal emphasized the importance of addressing industry concerns promptly to ensure comfort and stability, citing the successful handling of past situations like the retrieval
HORMUZ : About 3 lakh metric tonnes of liquified petroleum gas (LPG) is presently stranded at the Strait of Hormuz, Rajesh Kumar Sinha, special secretary at ministry of ports, shipping, and waterways said on
BRUSSELS : On the second day of his Brussels visit, External Affairs Minister Dr.S. Jaishankar met with European Commission President Ursula von der Leyen and had discussions, including about the situation in West Asia
NEW DELHI : The National Industrial Corridor Development Corporation (NICDC) organised a consultation meeting on the Union Budget announcement regarding the rejuvenation of export-oriented industrial clusters at Vanijya Bhawan, New Delhi. The consultation was
MUMBAI : A high-level review meeting was convened by Shri Praveen Kumar, Managing Director of Dedicated Freight Corridor Corporation of India Limited (DFCCIL), to assess the progress of the JNPT–Vaitarna section under the Western
NEW DELHI : The prolonged West Asia crisis and the near-halt of traffic through the Strait of Hormuz and other Gulf shipping lanes have triggered widespread disruption for Indian exporters, with industry estimates suggesting
LONDON : The European Union (E.U.) is in discussion with the U.N. on a Black Sea Grain initiative type arrangement to open up the Strait of Hormuz, according to its top diplomat Kaja Kallas.The