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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...

US-Israel-Iran war may lead to biggest oil supply disruption: S&P Global

S&P Global said according to its Commodities at Sea data, on 1 March only 5 oil tankers transited the Strait compared with around 60...

India, Canada agree to double bilateral trade

Prime Minister Narendra Modi held discussions with Mark Carney Prime Minister of Canada in New Delhi. The leaders reviewed the entire spectrum of bilateral cooperation....

Mahindra Mitsubishi JV to exit agriculture machinery business in Japan

Since its founding in 1914, the Company has engaged in the agricultural machinery business with the aim of contributing to the stable supply of...

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