News for 'shipping'

Trump announces Iran peace deal, to be signed in Switzerland on Friday

Trump announces Iran peace deal, to be signed in Switzerland on Friday

Rediff.com15 Jun 2026

US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif have announced a landmark peace deal between the US and Iran, which includes the crucial reopening of the strategically important Strait of Hormuz and the immediate cessation of military operations in Lebanon.

West Asia Crisis Impact: FM Warns of Higher Fuel Costs, Economic Challenges

West Asia Crisis Impact: FM Warns of Higher Fuel Costs, Economic Challenges

Rediff.com25 May 2026

Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.

It's 60-day ceasefire, not peace deal: Israeli expert

It's 60-day ceasefire, not peace deal: Israeli expert

Rediff.com15 Jun 2026

Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.

Raut alleges Rs 15-cr offer to poach Maha MPs amid Sena-UBT split buzz

Raut alleges Rs 15-cr offer to poach Maha MPs amid Sena-UBT split buzz

Rediff.com17 Jun 2026

Speculation is rife about a potential rebellion among MPs of the Uddhav Thackeray-led Shiv Sena (UBT), with ruling Sena leader Pratap Sarnaik hinting at welcoming dissidents. Despite a Sena (UBT) MP meeting a rival minister and several skipping a party meeting, senior leaders Sanjay Raut and Anil Desai have dismissed the defection rumours, asserting the unity of their parliamentarians.

Amazon To Deepen Automation In India With Advanced Robotics

Amazon To Deepen Automation In India With Advanced Robotics

Rediff.com14 Jun 2026

Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.

'Trump Genuinely Likes India'

'Trump Genuinely Likes India'

Rediff.com22 Jun 2026

'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'

2nd Iranian ship heads towards Sri Lanka after US submarine attack

2nd Iranian ship heads towards Sri Lanka after US submarine attack

Rediff.com5 Mar 2026

Amidst escalating regional tensions, Sri Lanka is carefully considering its response after a second Iranian ship requested entry into its waters following a reported US submarine attack on an Iranian frigate near Galle.

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com20 Jun 2026

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Rediff.com16 Mar 2026

An Indian-flagged crude oil tanker, Jag Laadki, safely sailed from the UAE's Fujairah port despite an attack on the terminal and is scheduled to reach India. The Indian government is working to ensure the safe passage of remaining Indian-flagged vessels in the region.

How did India secure Hormuz passage for ships? Jaishankar reveals

How did India secure Hormuz passage for ships? Jaishankar reveals

Rediff.com16 Mar 2026

Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.

Can reform in Mexican football break their FIFA World Cup 'curse'?

Can reform in Mexican football break their FIFA World Cup 'curse'?

Rediff.com1 Jun 2026

Mexico have failed to progress beyond the Round of 16 for the last 32 years. With the 2026 FIFA World Cup on home soil, they hope to finally end the 'quinto partido' curse.

US launches new strikes on Iran after Trump vows to hit 'hard'

US launches new strikes on Iran after Trump vows to hit 'hard'

Rediff.com11 Jun 2026

The United States Central Command (CENTCOM) has launched self-defence strikes against multiple targets in Iran, citing ongoing Iranian aggression. This action has led to Iran's Red Crescent placing emergency centres on high alert amidst reports of explosions in several Iranian cities. Concurrently, Iraqi media claims Iran retaliated with a missile strike on a US air base in Erbil.

Trump by his side, Modi raises Indian sailors' deaths at G7

Trump by his side, Modi raises Indian sailors' deaths at G7

Rediff.com17 Jun 2026

Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

Dhamaal Trailer Launch Is Fun, 4 Times Over!

Dhamaal Trailer Launch Is Fun, 4 Times Over!

Rediff.com16 Jun 2026

The Dhamaal 4 trailer was unveiled at a carnival-themed launch event at the Imagicaa Theme Park, near Mumbai, bringing together Ajay Devgn, Arshad Warsi, Jaaved Jaaferi and Ravi Kishan.

Operation Tiger: 6-7 Uddhav MPs to form separate bloc; Sena issues whip

Operation Tiger: 6-7 Uddhav MPs to form separate bloc; Sena issues whip

Rediff.com17 Jun 2026

The Shiv Sena-UBT is facing a significant internal crisis, with reports suggesting that 'six to seven' of its nine Lok Sabha MPs are preparing to form a separate group. MP Arvind Sawant has formally requested Lok Sabha Speaker Om Birla not to recognise any such breakaway faction, emphasising the primacy of the political party over its legislative wing.

'First after WWII': US submarine sinks Iranian ship off Sri Lanka

'First after WWII': US submarine sinks Iranian ship off Sri Lanka

Rediff.com4 Mar 2026

At least 101 people are missing and 78 are injured after a suspected submarine attack on an Iranian naval ship off Sri Lanka's southern coast on Wednesday, Reuters quoted sources in Sri Lanka's Navy and defence ministry as saying.

India: World's Biggest Plastic Polluter

India: World's Biggest Plastic Polluter

Rediff.com10 Jun 2026

India generates 9.3 million tonnes of plastic waste annually, nearly 20 per cent of the world's total.

'In Situation Room, to make final determination': Trump on Iran truce

'In Situation Room, to make final determination': Trump on Iran truce

Rediff.com30 May 2026

In a development that could reshape West Asia's security landscape, US President Donald Trump announced Friday that he will convene an emergency meeting in the White House Situation Room to make a final decision on a broad, multi-part peace deal with Iran.

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Rediff.com18 Jun 2026

Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Rediff.com27 May 2026

As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Coordination with us must to pass Hormuz: Iran FM in Delhi

Coordination with us must to pass Hormuz: Iran FM in Delhi

Rediff.com14 May 2026

Iranian Foreign Minister Seyyed Abbas Araghchi stated that the Strait of Hormuz remains open to all commercial vessels, requiring ships to coordinate with Iranian naval forces due to regional tensions and a US blockade.

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

Rediff.com29 May 2026

A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.

Trump is not going to make a 'bad deal': Marco Rubio

Trump is not going to make a 'bad deal': Marco Rubio

Rediff.com25 May 2026

US Secretary of State Marco Rubio stated that significant progress has been made in negotiations with Iran to reopen the Strait of Hormuz, a critical global shipping lane. However, President Donald Trump remains cautious, vowing not to accept a 'bad deal' regarding Iran's nuclear programme and regional stability.

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.

Iran sought nod to dock 3 ships in Indian ports, was approved: Jaishankar

Iran sought nod to dock 3 ships in Indian ports, was approved: Jaishankar

Rediff.com9 Mar 2026

It is for the first time that a senior minister has said that Iran requested permission for docking three of its ships in Indian ports.

West Asia Tensions Drive Crude Oil To Record Highs

West Asia Tensions Drive Crude Oil To Record Highs

Rediff.com3 Jun 2026

Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

India A capitalise on stunning Lankan meltdown to win tri-series opener

India A capitalise on stunning Lankan meltdown to win tri-series opener

Rediff.com9 Jun 2026

Vaibhav Sooryavanshi's first outing for India A in one-day cricket ended with a muted 14 but his team hung in there till the end against a self-destructing Sri Lanka A to pull off an eight-run win in the tri-series opener in Dambulla on Tuesday.

Omar, NC MLAs head to off-site location amid defection rumours

Omar, NC MLAs head to off-site location amid defection rumours

Rediff.com3 Jun 2026

Jammu and Kashmir Chief Minister Omar Abdullah led his party MLAs and supporting independents to an off-site meeting, reportedly at Dachigam National Park, amidst claims by the Leader of Opposition that several ruling party MLAs were on the verge of defecting.

US, Iran close in on 60-day truce deal; Hormuz reopening on cards

US, Iran close in on 60-day truce deal; Hormuz reopening on cards

Rediff.com24 May 2026

A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Rediff.com13 Mar 2026

24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the Strait of Hormuz, and four vessels with 101 Indian seafarers were stationed east of the strategic waterway.

Indian crew member dies in Dubai maritime incident: Indian mission

Indian crew member dies in Dubai maritime incident: Indian mission

Rediff.com9 May 2026

An Indian crew member was killed in a maritime incident in Dubai, according to the Indian Consulate.

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Rediff.com22 May 2026

Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.

'Deal largely negotiated', claims Trump; Iran responds

'Deal largely negotiated', claims Trump; Iran responds

Rediff.com24 May 2026

Donald Trump claims a peace deal with Iran is 'largely negotiated' after calls with Israel and other allies, but Iran rejects Trump's claim on Strait of Hormuz.

Middle East conflict: 2 Indians killed, 1 missing after attacks on ships

Middle East conflict: 2 Indians killed, 1 missing after attacks on ships

Rediff.com11 Mar 2026

Two Indian nationals have been confirmed dead and one is missing following attacks on merchant vessels amidst the ongoing conflict in West Asia. The Indian government has reiterated its commitment to the welfare of its citizens in the Gulf region.

BJP Must Be Wary About Inducting Fleeing TMC Leaders

BJP Must Be Wary About Inducting Fleeing TMC Leaders

Rediff.com11 Jun 2026

Both the political executive in New Delhi and the newly elected political dispensation in Kolkata must be careful to ensure that their image is not tarnished by induction of undesirable elements in the name of political expediency, asserts Vice Admiral Biswajit Dasgupta (retd).

Dropping Fertility Rates: Chance For India To Be Pandavas

Dropping Fertility Rates: Chance For India To Be Pandavas

Rediff.com10 Jun 2026

The falling Total Fertility Rate offers India a chance to become the Pandavas -- fewer in number, but each citizen genuinely empowered, educated, and capable of contributing to a civilisation worth building, asserts Amberish K Diwanji.