TagsMiddle East Crisis

Tag: Middle East Crisis

Union Minister Sarbananda Sonowal urges proactive measures for shipping stability amid global shifts

Export - Import
MUMBAI: Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal emphasized the importance of addressing industry concerns promptly to ensure comfort and stability,...

Targeted, time-limited scheme to stabilise India’s export flows: Directorate General of Foreign Trade on RELIEF scheme

Business
NEW DELHI: The Centre on Thursday announced the Resilience & Logistic Intervention for Export promotion (RELIEF) scheme to support Indian exporters impacted by the...

Gulf tensions may disrupt India’s infra execution, raise logistics costs: Ashish Sheth, CMD, Sarjak Container Lines

Infrastructure
MUMBAI: Escalating tensions in the Middle East could impact India’s energy and infrastructure sectors through rising logistics costs and supply chain disruptions, even if...

Prolonged West Asia crisis deals multiple blows to Indian exporters

EXPORT
NEW DELHI : The prolonged West Asia crisis and the near-halt of traffic through the Strait of Hormuz and other Gulf shipping lanes have...

Middle East conflict raises stagflation risks for global economy, Asia, Europe more vulnerable: Report

Business
NEW DELHI: The ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz since the start of March have...

Sri Lanka announces 4-day work week, declares Wednesdays off to save fuel amid Hormuz crisis

Fuel
COLOMBO : Sri Lanka has moved to a four-day workweek as part of emergency measures to conserve fuel reserves amid a deepening global energy...

Iran-Israel tensions create logistical challenges for India’s trade: Commerce Secretary

Air cargo
NEW DELHI: As the West Asia conflict entered its third week, Shri Rajesh Agrawal, Commerce Secretary on Monday flagged the logistical challenges for trade...

Transworld launches Dedicated Air Charter Initiative to Strengthen India–UAE Food Supply Corridor amid Middle East Crisis

Air cargo
DUBAI: In a move aimed at strengthening food security and ensuring uninterrupted supply of essential commodities, Transworld Group has announced a new logistics initiative...

Saudi Arabia launches initiative to reroute Gulf cargo to Red Sea ports

Foreign Ports
RIYADH: Saudi Arabia has launched an initiative to redirect shipping from ports in the Arabian Gulf to its Red Sea ports amid the ongoing...

IMO calls Extraordinary Council meeting to discuss situation in Middle East

Global Trade
LONDON: The International Maritime Organization (IMO) will hold an Extraordinary Session of its Council to address the impacts on shipping and seafarers of the...
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