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DFC says its insurance products will support private sector operations in Gulf region

US President Donald Trump said he has ordered DFC to provide, at a very reasonable price, political risk insurance and guarantees for the Financial...

Trump says will provide insurance to ships in Gulf

This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as...

Petronet LNG issues Force Majeure notices, amid Middle East situation

Considering the prevailing security situation and the material risks posed to maritime navigation, Petronet LNG said it has issued a Force Majeure Notice to...

Inter-Ministerial Group formed for Supply Chain Resilience: Piyush Goyal

Today, a consultation meeting was held with all stakeholder Ministries, key logistics and trade facilitation partners to review the emerging geopolitical situation and its...

Middle East crisis: Govt says well stocked with crude, other products

Puri’s remark came amid concerns about impact on Indian crude imports, amid the US-Israel-Iran war. 85 per cent of India’s crude imports is dependent...

Middle East conflict: What precautions businesses can take?

Freight and Insurance Many Indian exporters who had fixed-price overseas delivery contracts now face challenges if freight/insurance surcharges are not recovered from the buyers. Demurrage Charges One...

Univ. of Western Australia Chennai campus to open in September

The University is investing Rs 560 crore for both the Chennai and Mumbai campuses, the Chennai campus will be located in Porur DLF City....

Strait of Hormuz- All you need to know

What is the significance of Strait of Hormuz? According to S&P Global 20.8 million barrels of oil and products transit the Strait this year. 15.4...

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LMW mulls new sectors including pharma

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Cabinet okays Rs 3,030 crore scheme for chemical sector

The Scheme was announced in the Union Budget of...

HCL to set up Rs 14,257 cr AI Data Centre in Odisha

This investment will boost India’s sovereign AI play and...

HCL to set up Global Technology Centre in Bhubaneswar

The Technology Centre will complement HCLTech’s proposed AI Data...

US announces fresh section 301 tariff, 10% levy on India

Ambassador Jamieson Greer took final action, at the direction...