Middle East conflict raises stagflation risks for global economy, Asia, Europe more vulnerable: Report
NEW DELHI: The ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz since the start of March have introduced a stagflationary risk to the global economy, according to
Sri Lanka announces 4-day work week, declares Wednesdays off to save fuel amid Hormuz crisis
COLOMBO : Sri Lanka has moved to a four-day workweek as part of emergency measures to conserve fuel reserves amid a deepening global energy crisis triggered by tensions around the Strait of Hormuz. According
Arab maritime sector attracts nearly $4bn in foreign investment over 23 years : Dhaman
JEDDAH : Arab countries secured 146 foreign maritime transport projects worth nearly $4 billion over the past 23 years, according to a report by Arab Investment and Export Credit Guarantee Corp., also known as
Achilles data shows ESG and Compliance Maturity improving across Global Supply Chains, despite Rising Disruption Pressures
ABINGDON: Achilles, a global leader in supply chain risk and performance management, has released new data outlining how ESG and compliance maturity across global supply chains is increasing year-on-year, despite a rise in potential
Iran-Israel tensions create logistical challenges for India’s trade: Commerce Secretary
NEW DELHI: As the West Asia conflict entered its third week, Shri Rajesh Agrawal, Commerce Secretary on Monday flagged the logistical challenges for trade for India. Speaking about the situation, the Commerce Secretary said,
Merchandise exports grow 1.84% to US$ 402.93 billion in April–February 2025–26
NEW DELHI : India’s total exports of merchandise and services recorded steady growth during the current financial year, reaching $790.86 billion in April-February 2025-26, marking a 5.79 per cent increase over $747.58 billion during
Global geopolitical tensions and logistics disruptions impact trade environment; Exports remain resilent : President, FIEO
NEW DELHI : Commenting on the latest trade data for February 2026, Mr S C Ralhan, President of the Federation of Indian Export Organisations (FIEO), said that India’s export sector continues to demonstrate resilience
IMO calls Extraordinary Council meeting to discuss situation in Middle East
LONDON: The International Maritime Organization (IMO) will hold an Extraordinary Session of its Council to address the impacts on shipping and seafarers of the situation in the Arabian Sea, the Sea of Oman and the