Key milestones in India’s FTAs in 2025–26
NEW DELHI : In last one decade, India has emerged decisive and confident: redrawing and redefining the map of global trade and charting modern, future-ready, new generation of Free Trade Agreements (FTAs). India has
Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs
NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) has warned, as freight rates
MSC to offload all cargo bound for Gulf at nearest safe seaport
LOS ANGELES : MSC, the world’s largest carrier of ocean container cargo, said on Tuesday all cargo bound for ports in the Gulf will be offloaded at the nearest safe seaport due to ongoing
24 US states sue Trump over new 10% tariffs after Supreme Court blocks earlier duties
WASHINGTON D.C.: A group of US states said Thursday that they had filed a lawsuit against President Donald Trump‘s new tariffs on imports, imposed after the Supreme Court struck down his global duties last
MSC introduces war-risk surcharge on Africa trade
GENEVA : Mediterranean Shipping Company (MSC) has announced the introduction of war-risk surcharges on cargo shipments bound for African markets and Indian Ocean island destinations. The new charges apply to cargo moving from both
Saudi Red Sea Authority Appoints Dr. Maryam Ali Ficociello as Chief Executive Officer
RIYADH: The Saudi Red Sea Authority (SRSA) on Friday announced the appointment of Dr. Maryam Ali Ficociello as Chief Executive Officer, effective March 22nd, 2026. Her appointment marks a new phase in the Authority’s
Global trade reroutes to Africa as Hormuz traffic plunges 90%
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global maritime trade to reroute around the Cape of Good Hope,
Pandu, Bogibeel, Silghat & Biswanath Ghat to station country’s first Riverine Lighthouses
DIBRUGARH : India took a pioneering step in inland waterway navigation as Union Minister of Ports, Shipping and Waterways (MoPSW), Shri Sarbananda Sonowal laid the foundation stones for four river lighthouses along the banks