India’s largest conglomerate stops Russian oil imports amid global pressure
NEW DELHI : India’s largest conglomerate Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in the western state of Gujarat. The move
ONGC awards 300 MW solar project as part of push toward 10 GW renewable capacity by 2030
NEW DELHI : Oil and Natural Gas Corporation (ONGC) has taken a significant step toward its renewable energy target of 10 GW by 2030, awarding a 300 MW ISTS-connected solar power project that will
TS Lines orders up to four Eco-Efficient Container Vessels from Fujian Mawei Shipbuilding
SINGAPORE / TAIPEI : TS Lines, a leading intra-Asia container carrier, has announced the signing of a shipbuilding agreement with Fujian Mawei Shipbuilding for the construction of two firm 2,900-TEU container vessels, with options
Samsung Heavy lands nearly $1.4 bn box-ship deal, boosting shares
SEOUL : Samsung Heavy Industries Co., one of South Korea’s top three shipbuilders, has secured a landmark order for seven container carriers worth nearly 2 trillion won ($1.4 billion), giving the yard one of
Drewry: World Container Index stable last week
LONDON: Drewry’s World Container Index remained stable at $1,852 per 40ft container last week. Drewry’s detailed assessment for Thursday, 20 Nov 2025 Ocean spot market freight rates against 6,700 global port pairs If you
Baltic Index hits near two-year high on higher larger vessel rates
LONDON: The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, rose to a nearly two-year high on Friday and was on course for a weekly gain,
Piyush Goyal holds talks with Israel’s Finance Minister on bolstering economic ties
TEL AVIV: Commerce and Industry Minister Shri Piyush Goyal on Thursday held a series of meetings in Israel aimed at strengthening India–Israel economic cooperation. The visit included high-level discussions with government leaders, industry CEOs
2nd Vibrant Gujarat Regional Conference at Rajkot to focus on Kutch – Saurashtra Region
GANDHINAGAR : The Government of Gujarat is organizing four Vibrant Gujarat Regional Conferences (VGRC) at Mehsana, Rajkot, Surat and Vadodara; ahead of the next edition of the Vibrant Gujarat Global Summit to be held