News for 'shipping'

Iran calls India a 'trusted partner'; asserts control over Hormuz

Iran calls India a 'trusted partner'; asserts control over Hormuz

Rediff.com14 Apr 2026

Iran's ambassador to India, Mohammad Fathali, has described India as a "reliable and compassionate" partner while asserting Tehran's territorial authority over the Strait of Hormuz amidst ongoing regional tensions.

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

Rediff.com12 May 2026

The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.

Modi condemns drone attack on UAE that injured Indians

Modi condemns drone attack on UAE that injured Indians

Rediff.com5 May 2026

Prime Minister Narendra Modi has strongly condemned the attacks on the United Arab Emirates' port city of Fujairah, which resulted in injuries to three Indian nationals, and reiterated India's support for peaceful resolution through dialogue.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com13 May 2026

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com12 May 2026

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

Amid US blockade of Hormuz, India emphasises safe maritime passage

Amid US blockade of Hormuz, India emphasises safe maritime passage

Rediff.com16 Apr 2026

External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

Rediff.com19 Apr 2026

The Iranian Embassy in South Africa has launched a biting social media attack on US President Donald Trump, using a viral maritime audio clip to label him an "idiot".

IPL 2026: Why Did CSK Drop Hosein Against LSG?

IPL 2026: Why Did CSK Drop Hosein Against LSG?

Rediff.com16 May 2026

Chennai Super Kings suffered a damaging defeat to Lucknow Super Giants as Mitchell Marsh, Nicholas Pooran and Akash Singh exposed tactical flaws and pushed CSK to the brink of IPL 2026 playoff elimination.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Iran offers deal to reopen Strait of Hormuz to end US blockade: Report

Iran offers deal to reopen Strait of Hormuz to end US blockade: Report

Rediff.com29 Apr 2026

Iran has submitted a fresh proposal to regional intermediaries offering to cease its military operations in the Strait of Hormuz, contingent upon a complete cessation of hostilities and the removal of the US blockade on Iranian maritime hubs.

Trump orders US Navy to shoot and kill mine-laying boats in Hormuz

Trump orders US Navy to shoot and kill mine-laying boats in Hormuz

Rediff.com23 Apr 2026

US President Donald Trump on Thursday said that he has directed the country's Navy to take decisive action against any vessels attempting to lay mines in the strategically vital Strait of Hormuz amid escalating tension over the virtual control of the waterway between Tehran and Washington.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Iranian forces open fire in Strait of Hormuz; Indian vessels turn back

Iranian forces open fire in Strait of Hormuz; Indian vessels turn back

Rediff.com18 Apr 2026

Iran has reimposed restrictions on the Strait of Hormuz, with its forces opening fire on a passing tanker and forcing at least two Indian vessels to reverse course, escalating tensions in the region and raising concerns over energy supplies.

Why India's Israel-UAE Bet Looks Risky

Why India's Israel-UAE Bet Looks Risky

Rediff.com15 May 2026

Frankly, was it really necessary in the middle of a fratricidal war for External Affairs Minister S Jaishankar to travel to Abu Dhabi for a one-on-one with the sheikh on April 12?Or, for National Security Advisor Ajit Doval to follow up on April 26? Or, for PM Narendra Modi to follow through today? There are no easy answers, notes Ambassador M K Bhadrakumar.

US, Iran likely to resume talks in Islamabad next week

US, Iran likely to resume talks in Islamabad next week

Rediff.com9 May 2026

The United States and Iran could resume negotiations as early as next week in Islamabad, according to a report by The Wall Street Journal citing people familiar with the matter.

Trump signals Iran talks within 36-72 hours, extends ceasefire

Trump signals Iran talks within 36-72 hours, extends ceasefire

Rediff.com22 Apr 2026

US President Donald Trump has indefinitely extended the ceasefire with Iran at the request of Pakistan, aiming to allow Tehran's leadership time to form a unified proposal to end the seven-week war.

Saif Ali Khan: 'Life Has Been Very, Very Good To Me'

Saif Ali Khan: 'Life Has Been Very, Very Good To Me'

Rediff.com12 May 2026

'What I want right now in life is more of the same. I just want to do good work and balance it very well with living my life with my family and friends and travel.'

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire

Rediff.com11 Apr 2026

An India-flagged LPG tanker, Jag Vikram, has successfully crossed the Strait of Hormuz following a temporary ceasefire between the United States and Iran, marking a significant development for India's energy security.

How An Indian Sailor Survived The Strait Of Hormuz

How An Indian Sailor Survived The Strait Of Hormuz

Rediff.com14 Apr 2026

'We kept our bags packed, ready to jump into the sea. Many times, I felt it could be my last day.'

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Rediff.com2 May 2026

Iran's representative in India, Abdul Majeed Hakeem Ilahi, describes the ongoing tensions between Iran and the US-Israel alliance as a state of 'no war, no peace,' calling for an immediate halt to the conflict and questioning the lack of pressure on the US and Israel to cease aggression.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Starmer Expresses Relief After Shooting Near Trump

Starmer Expresses Relief After Shooting Near Trump

Rediff.com26 Apr 2026

British Prime Minister Keir Starmer contacted US President Donald Trump to express his relief following a shooting incident near the White House Correspondents Dinner. The leaders also discussed the need to restore freedom of navigation in the Strait of Hormuz.

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Rediff.com4 May 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

India Imports 361,000 Tonnes Of LPG From US

India Imports 361,000 Tonnes Of LPG From US

Rediff.com4 May 2026

'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'

Amid uncertainty over US-Iran talks, India says...

Amid uncertainty over US-Iran talks, India says...

Rediff.com10 Apr 2026

External Affairs Minister S Jaishankar addresses the Indian Ocean Conference, expressing deep concern over the West Asia conflict and its economic repercussions on energy, trade, and food security. India calls for a swift return to peace and opposes targeting civilians and infrastructure.

Who Will Win Kerala's Game Of Thrones?

Who Will Win Kerala's Game Of Thrones?

Rediff.com11 May 2026

Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Why Congress-DMK split threatens INDIA bloc's existence

Why Congress-DMK split threatens INDIA bloc's existence

Rediff.com9 May 2026

The INDIA bloc faces a significant challenge as the Congress and DMK part ways, raising questions about the alliance's future and unity.

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Rediff.com23 Apr 2026

...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.

US negotiators to head to Pakistan for Iran peace talks on Tuesday

US negotiators to head to Pakistan for Iran peace talks on Tuesday

Rediff.com19 Apr 2026

Ahead of the expiry on Tuesday of the two-week ceasefire declared by US President Donald Trump in the conflict with Iran, US media outlets reported on Sunday that negotiators Steve Witkoff, special envoy for peace missions and Jared Kushner will head to Islamabad for talks with Iran.

Iran submits new proposal for talks with US via Pak

Iran submits new proposal for talks with US via Pak

Rediff.com1 May 2026

Iran has submitted its latest proposal aimed at advancing negotiations to end the ongoing West Asia conflict with the US, days after the Islamic Republic submitted a fresh proposal through regional intermediaries to cease its military operations in the Strait of Hormuz, which is likely to get rejected by Washington.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Petrol, diesel prices likely to rise soon: Govt sources

Petrol, diesel prices likely to rise soon: Govt sources

Rediff.com1 May 2026

Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.

China, Pakistan unveil five-point peace plan for West Asia

China, Pakistan unveil five-point peace plan for West Asia

Rediff.com31 Mar 2026

China and Pakistan have jointly proposed a five-point peace plan to address the ongoing conflict in West Asia, focusing on de-escalation and safe passage through the Strait of Hormuz.

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Rediff.com12 Apr 2026

The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.