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NEW DELHI, March 31 : Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz. Brent crude futures for May were down $1.22, or 1.08 per cent, to $111.56 per barrel at 0210 GMT after rising 2 per cent earlier in the session. The May contract expires on Tuesday and the more active June contract was at $105.76. U.S. West Texas Intermediate f ...Read More >
(RTTNews) - Indian stock markets remain closed today for Mahavir Jayanti. On Monday, benchmark indexes Sensex and Nifty both fell over 2 percent as Brent crude prices topped $115 a barrel on fears of more disruptions to shipping lanes, posing a significant risk to inflation, the current account and fiscal deficits. Both the indexes plummeted around 11 percent in March, marking their worst monthly loss since the COVID-19-led rout in March 2020. The Indian rupee hit a record low past 95 to the d ...Read More >
BENGALURU, March 31 : Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war. Brent crude futures for May rose $2.26, or 2 per cent, to $115.04 a barrel at 0002 GMT, after reaching their highest since March 19 during the prior session. The May contract expires on Tuesday and the more active June contract ...Read More >
NEW DELHI: In a big boost to India's maritime strength amid the increasing presence of China in the Indian Ocean Region, the Indian Navy on Monday received deliveries of two warships, including a stealth frigate, and one large survey ship from Garden Reach Shipbuilding and Engineers Ltd (GRSE) in Kolkata in just one day.While Dunagiri is the fifth warship of Nilgiri class made under the Project 17A and delivered to the Navy in the last 16 months, Agray is the fourth of eight Arnala class anti-su ...Read More >
New Delhi, Mar 30 (PTI) As many as 19 ships with LPG, crude oil and LNG meant for India are currently stranded in the Strait of Hormuz due to the escalating war in West Asia. At an inter-ministerial briefing on the fallout of developments in West Asia, Rajesh Kumar Sinha, Special Secretary in the Ministry of Ports, Shipping, and Waterways, said 10 foreign-flagged vessels with energy cargo for India are currently stranded. These include 3 vessels with LPG, four crude oil tankers and three lique ...Read More >
A total of 24 Indian-flagged vessels with 677 Indian seafarers are currently located to the west of the Strait of Hormuz, while four vessels with 101 Indian seafarers are to the east of the crucial waterway, Rajesh Kumar Sinha, special secretary in the shipping ministry, told a briefing on developments in West Asia. Indians constitute almost 12% of the global seafaring workforce, with a total of more than 320,000 active sailors, and attacks on merchant vessels during recent conflicts in West As ...Read More >
Iran has cut off transit in the Strait of Hormuz to the majority of vessels as part of its fight back against the United States and Israel, saying that not a single liter of oil will get through to those countries. Its forces have used missiles and drones to strike at least 19 different ships attempting the passage since the war began on February 28. Only a handful of non-Iranian commercial ships have made it through - including some which declared themselves as either owned, operated or crewe ...Read More >
* Iran has allowed India-flagged tankers to pass through the Strait of Hormuz after talks. * Two Indian tankers, Pushpak and Parimal, are safely transiting the strategically vital strait. * A Liberian-flagged tanker with an Indian captain cleared the strait and docked in Mumbai. Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Iran has dismissed reports claiming Tehran has allowed India-flagged tankers to pass through the Strait of Hormuz amid a worsening global energ ...Read More >
Mumbai: A Liberia-flagged tanker, Shenlong Suezmax, carrying Saudi crude, has reached Mumbai Port, becoming the first India-bound vessel to pass through the Strait of Hormuz since the Iran-US conflict began. The tanker had loaded crude from Ras Tanura port in Saudi Arabia on March 1 and departed on March 3. Maritime tracking data showed the vessel in the Strait of Hormuz on March 8 before it temporarily went off tracking systems. The tanker reportedly switched off its Automatic Identification S ...Read More >
India LPG Shortage: India's ongoing LPG shortage is no longer just a concern for household cooking, as the war between the United States, Israel, and Iran entered its 12th day on Wednesday. Experts say the situation could also indirectly affect services such as mobile networks and internet connectivity. LPG is used in certain industries and also serves as a backup fuel for generators that power telecom towers and data centres. If the supply disruption continues, operations in areas that rely on ...Read More >
Iran-Israel War: A bomb-carrying drone boat struck a Marshall Islands-flagged oil tanker in the Gulf of Oman on Monday, killing one mariner on board. The state-run Oman News Agency reported the attack off the coast of Muscat, the capital of Oman. The vessel involved was identified as the MKD VYOM. The deceased crew member was reported to be from India. Iran has been issuing threats against vessels approaching the Strait of Hormuz, the narrow gateway to the Persian Gulf, and is suspected of hav ...Read More >
Sonowal, who was in Tuticorin to oversee port operations, inaugurated over Rs 160-core projects , including VOC maritime heritage museum focussing on historical legacy of the port, a few road projects improving transportation, digital twin project for AI-driven operations and maintenance. The minister also laid foundation stone of projects worth Rs 1,340 crore such as setting up of 8 MW wind farm with 5 MW storage, 2 MW green hydrogen facility and 2 MW ground mounted solar plant, along with an ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
Thoothukudi (Tamil Nadu) [India], February 23 (ANI): The Kamarajar Educational Trust, with support from the under its Corporate Social Responsibility (CSR) initiative, distributed 10 electric "Pink Autos" to economically disadvantaged fisherwomen at Thoothukudi on Monday. The vehicles were formally handed over by Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, highlighting the government's focus on sustainable transport and women's economic empowerment in coastal regions. ...Read More >
New Delhi, Feb 17 (PTI) The National Green Tribunal's nod to the Great Nicobar project is disappointing and unfortunate and may have disastrous ecological impacts, according to environment enthusiasts. The National Green Tribunal (NGT) on Monday cleared the proposed International Container Transhipment Terminal in the Great Nicobar Island, saying adequate safeguards had been provided in the environmental clearance (EC) conditions. The eastern zonal bench of Kolkata, headed by NGT Chairperson J ...Read More >
Udupi Deputy Commissioner T.K. Swaroopa said here on Tuesday that all tourist boats in the district should submit the necessary documents and register with the tourism department within 45 days and obtain permission to operate. The boat operators should obtain permission from the departments of port, police, coastal security police, local authorities, and the tourism department, she said. Holding a meeting in her office to review safety measures in view of the death of two tourists in a boat t ...Read More >
NEW DELHI: Marking the first-ever visit of an Indian Coast Guard (ICG) Ship to the port of Chabahar ICGS Sarthak, an Offshore Patrol Vessel, entered the Chabahar port in Islamic Republic of Iran. The ship is on a four-day visit from 16-19 December 2025 to Iran. Chabahar is a strategically placed deep-water port that offers India a direct maritime gateway to Iran, Afghanistan and Central Asia. ICG on Wednesday said that the visit "underscores India's growing maritime engagement in the region an ...Read More >
Bhubaneswar: Odisha has recorded its highest-ever mass nesting of Olive Ridley sea turtles, with 15.11 lakh turtles laying eggs along the coast during the 2024-25 season, prompting the State Government to step up conservation measures ahead of the 2025-26 nesting period. The development was reviewed at a meeting of the high-powered committee on Olive Ridley conservation chaired by Chief Secretary Manoj Ahuja at Lok Seva Bhawan on Wednesday. The meeting assessed past protection measures and disc ...Read More >
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In a significant step toward strengthening maritime ties, the Indian Coast Guard's Offshore Patrol Vessel ICG Ship Sarthak arrived at Iran's strategic port of Chabahar on December 16, making it the first-ever visit by an Indian Coast Guard ship to the facility, as reported by CNN-News18. The port call, which will last until December 19, is part of the vessel's ongoing deployment to Gulf countries. Officials say the visit will provide a platform for professional interactions between Indian and I ...Read More >
New Delhi: Indian Coast Guard's ship 'Sarthak' has entered the strategic port of Chabahar in Iran as part of its ongoing overseas deployment to Gulf countries, officials said on Wednesday. During the port call, Sarthak, an offshore patrol vessel, will engage in a range of activities to strengthen institutional linkages and enhance mutual understanding in maritime safety and security, they said. The ship entering the Chabahar port marks the "first-ever visit of an ICG ship" to the port, undersco ...Read More >
Chennai, Dec 17 (SocialNews.XYZ) Producers of three iconic agricultural products from Thoothukudi district of Tamil Nadu -- Thoothukudi salt, Authoor Poovan banana and Villiseri lemon -- have applied for the Geographical Indication (GI) tag, aiming to secure legal protection, preserve traditional practices and enhance market visibility for the region's produce. The applications were facilitated by the National Bank for Agriculture and Rural Development (NABARD), Chennai, along with the NABARD-M ...Read More >
Next phases of construction will see an investment of ₹9,700 crore by the concessionaire. Approach road to port from National Highway-66 will also be inaugurated With the model code of conduct withdrawn after the local body elections, the Kerala government is planning to hold the inauguration of the second phase development of the Vizhinjam International Seaport in the second week of January. Speaking to the media after a review of the performance of the Vizhinjam seaport here on Tuesday, Por ...Read More >
T'puram: The construction for the next phase of Vizhinjam international seaport is set to begin in Jan, said minister of ports V N Vasavan.Speaking to reporters after a review of the work at the port on Tuesday, Vasavan said preparations for the second, third and fourth phases of construction are complete. "In the second phase, the existing 800m berth will be extended by 1,200m, making it a 2,000m berth, allowing larger ships to dock simultaneously. Additionally, the current 2.96km breakwater wi ...Read More >
Visakapatnam, Dec 16 (PTI) Andhra Pradesh government on Tuesday announced establishing an integrated Aviation, Aerospace and Defence EduCity near the upcoming Bhogapuram International Airport in Vizianagaram district. The GMR-MANSAS Aviation EduCity, spread over about 136 acres, is aimed at addressing the global and domestic shortage of skilled aviation professionals while positioning the state as a major hub for aviation education, research and training. "The Andhra Pradesh government has sig ...Read More >
New Delhi: State-run BEML Limited has announced to the exchanges that it has signed a strategic MoU with Sagarmala Finance Corporation Limited (SMFCL) to unlock dedicated financial support for India's domestic maritime manufacturing ecosystem. Sagarmala Finance Corporation Limited (SMFCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC). It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025. SMFCL is a Mini Ratna Category-I ...Read More >
New Delhi, December 5: India and Russia have agreed on an economic cooperation programme aimed at expanding trade till 2030, Prime Minister Narendra Modi said on Friday at a press conference along with Russian President Putin. "We are trying for an early conclusion of the FTA with the Eurasian Economic Union. India and Russia have agreed on an economic cooperation program to expand trade till 2030," PM Modi said after talks with President Putin. Both countries are working towards ambitious targ ...Read More >
New Delhi [India], November 20 (ANI): India's export sector has delivered a powerful message of resilience and global competitiveness in by far in 2025-26, recording its highest-ever quarterly exports in both Q1 and Q2, and culminating in the highest-ever export performance for the first half of any financial year.This achievement comes at a time when global trade continues to be weighed down by geopolitical tensions, supply-chain disruptions, inflationary pressures, and uneven demand recovery a ...Read More >
New Delhi, Nov 4 (PTI) India and Israel on Tuesday explored ways to build a global approach of "zero tolerance" to combat terrorism and enhance cooperation in areas of trade, infrastructure and connectivity even as New Delhi hoped that the US-brokered Gaza peace plan will bring durable peace to the region. The issues figured in talks between External Affairs Minister S Jaishankar and his Israeli counterpart Gideon Sa'ar that came as the two sides are looking at the possibility of a visit to Ind ...Read More >
New Delhi: In a major development, the Pakistan Navy is expecting its first Chinese-designed submarine to enter active service next year. The information was shared by the country's top admiral to Chinese state media, bolstering Beijing's bid to counter regional rival India and project power toward the Middle East. It is important to note that under the deal Islamabad will take delivery of eight Hangor-class submarines by 2028. Admiral Naveed Ashraf told the Global Times in an interview publish ...Read More >
NAGAPATTINAM: The Sri Lankan Navy arrested a total of 35 fishermen from Tamil Nadu on Monday for allegedly crossing the International Maritime Boundary Line (IMBL) while fishing in the Sri Lankan waters. The arrested include 31 fishermen from Akkaraipettai, Nambiyar Nagar, and Velankanni in Nagapattinam, and four others from Ramanadhapuram. Sources said that three mechanised boats, belonging to P Anandakumar, R Pari, and P Raja, respectively, were captured and seized by the Sri Lankan Navy, le ...Read More >
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