News for 'shipping'

Indian tanker clears Hormuz; New Delhi raises concerns with Iran post attacks

Indian tanker clears Hormuz; New Delhi raises concerns with Iran post attacks

Rediff.com19 Apr 2026

India has raised concerns with Iran over the safety of merchant shipping after two vessels were fired upon in the Strait of Hormuz, prompting them to turn back.

Trump rejects Iran's peace plan as 'totally unacceptable'

Trump rejects Iran's peace plan as 'totally unacceptable'

Rediff.com11 May 2026

US President Donald Trump has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

US moves planes with ammo to Israel, readies for Iran strike

US moves planes with ammo to Israel, readies for Iran strike

Rediff.com6 days ago

Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.

Did Trump, Xi Reset US-China Relations?

Did Trump, Xi Reset US-China Relations?

Rediff.com15 May 2026

US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Rediff.com25 Apr 2026

The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com1 days ago

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com15 May 2026

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

India tests advanced Agni missile capable of hitting multiple targets

India tests advanced Agni missile capable of hitting multiple targets

Rediff.com9 May 2026

India has successfully conducted a flight test of an advanced Agni missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) technology off the coast of Odisha.

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Rediff.com6 May 2026

Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.

IPL 2026: How Klaasen Became SRH's Mr Indispensable

IPL 2026: How Klaasen Became SRH's Mr Indispensable

Rediff.com2 days ago

Heinrich Klaasen has emerged as the cornerstone of Sunrisers Hyderabad's batting lineup in IPL 2026, consistently delivering impactful performances and justifying his hefty price tag.

US redirects 48 vessels in Persian Gulf amid blockade on Iran

US redirects 48 vessels in Persian Gulf amid blockade on Iran

Rediff.com2 May 2026

The United States has redirected 48 vessels in the Persian Gulf, particularly in the Strait of Hormuz, over the past 20 days amid ongoing enforcement actions related to restrictions on Iranian maritime assets by the US Navy.

Man Detained At Assam Swearing-In With Live Ammunition

Man Detained At Assam Swearing-In With Live Ammunition

Rediff.com12 May 2026

A man was detained at the swearing-in ceremony of the new Assam government after being found with live bullets during security screening. The incident occurred shortly before the oath-taking ceremony, attended by high-profile BJP leaders and other dignitaries.

One Indian oil tanker crosses Hormuz, four others turn back

One Indian oil tanker crosses Hormuz, four others turn back

Rediff.com18 Apr 2026

One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.

'A little bit of movement' seen in Iran peace talks: Marco Rubio

'A little bit of movement' seen in Iran peace talks: Marco Rubio

Rediff.com2 days ago

US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Rediff.com6 days ago

Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.

India summons Iranian envoy after Hormuz firing incident

India summons Iranian envoy after Hormuz firing incident

Rediff.com18 Apr 2026

India summoned the Iranian envoy after two Indian vessels had to reverse course in the Strait of Hormuz following an incident of firing by Iran's Revolutionary Guards.

US releases video of Marines boarding Iranian vessel

US releases video of Marines boarding Iranian vessel

Rediff.com20 Apr 2026

US Central Command (CENTCOM) released footage of a maritime operation where Marines boarded an Iranian-flagged vessel, the Touska, in the Gulf of Oman, leading to heightened tensions and threats of retaliation from Iran.

RBI 'keeping close watch' on West Asia conflict for policy action

RBI 'keeping close watch' on West Asia conflict for policy action

Rediff.com6 days ago

RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.

Drones fired at warship, US troops retreat, claims Iran

Drones fired at warship, US troops retreat, claims Iran

Rediff.com20 Apr 2026

Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.

'Clock is ticking': Trump warns Iran to move FAST or...

'Clock is ticking': Trump warns Iran to move FAST or...

Rediff.com7 days ago

Donald Trump issued a fresh warning to Iran as negotiations remained deadlocked over uranium stockpiles, sanctions relief and war compensation. The US President's sharp remarks came just hours after Iranian media revealed Washington's core conditions for resuming negotiations.

Chelsea appoint Alonso as manager seeking stability after turbulent spell

Chelsea appoint Alonso as manager seeking stability after turbulent spell

Rediff.com7 days ago

Xabi Alonso will take over as Chelsea's new manager, the Premier League club said on Sunday, with the Spaniard signing a four-year deal beginning on July 1.

'Worst own goal': Mani Shankar Aiyar slams Cong-TVK tie-up

'Worst own goal': Mani Shankar Aiyar slams Cong-TVK tie-up

Rediff.com8 May 2026

Veteran Congress leader Mani Shankar Aiyar has criticised his party's decision to ally with the TVK in Tamil Nadu, calling it 'dreadful' and 'low political opportunism'. He fears it could facilitate the entry of the BJP into Tamil Nadu's Dravidian political landscape.

Iran imposes strict navigation rules in Strait of Hormuz

Iran imposes strict navigation rules in Strait of Hormuz

Rediff.com18 Apr 2026

Amid ongoing tensions with the US, Iran's IRGC Navy has issued new directives restricting maritime movement through the Strait of Hormuz, allowing only civilian vessels on Iranian-designated routes and barring all military ships.

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

Rediff.com1 May 2026

Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com5 days ago

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

US missile-destroyer intercepts Iranian tanker amid Hormuz tensions

US missile-destroyer intercepts Iranian tanker amid Hormuz tensions

Rediff.com28 Apr 2026

The American warship stopped the tanker "after it attempted to sail to an Iranian port," according to a statement released by CENTCOM.

Amid West Asia tensions, Iran FM Araghchi dials Jaishankar to discuss crisis

Amid West Asia tensions, Iran FM Araghchi dials Jaishankar to discuss crisis

Rediff.com30 Apr 2026

Iranian Foreign Minister Seyed Abbas Araghchi spoke with Indian counterpart S Jaishankar to discuss the West Asia crisis, following discussions with Russian President Vladimir Putin.

Not blocking Strait of Hormuz, clarifies US

Not blocking Strait of Hormuz, clarifies US

Rediff.com16 Apr 2026

The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.

US mulls special forces op in Iran as Tehran holds firm

US mulls special forces op in Iran as Tehran holds firm

Rediff.com30 Apr 2026

The US military is considering a new wave of military operations in Iran, including potential strikes on infrastructure and securing Iran's stockpile of enriched uranium, amid a fragile ceasefire and stalled nuclear talks.

'Keep Hormuz open': Xi Jinping steps in as Iran asserts control

'Keep Hormuz open': Xi Jinping steps in as Iran asserts control

Rediff.com20 Apr 2026

Chinese President Xi Jinping has called for the Strait of Hormuz to remain open for normal passage of ships, describing it as an 'international waterway' amid rising tensions between the US and Iran.

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

Rediff.com9 May 2026

Occasionally, the silence of the night shift would be shattered by an ear-splitting alarm: 'ALERT, ALERT... This is a security warning.' We were drilled to move away from the windows and avoid the lifts, recalls Krishna Kumar NP, a veteran Dubai-based journalist.

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

Rediff.com15 May 2026

India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.

'7 claims, 7 lies': Iran slams Trump, threatens to close Hormuz

'7 claims, 7 lies': Iran slams Trump, threatens to close Hormuz

Rediff.com18 Apr 2026

Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com6 days ago

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

Mumbai Nurse Duped Of 1 Lakh In Online Dress Scam

Mumbai Nurse Duped Of 1 Lakh In Online Dress Scam

Rediff.com26 Apr 2026

A nurse in Mumbai was allegedly cheated of 1 lakh after attempting to purchase a dress online for 299, highlighting the risks of online shopping scams.

Mumbai Nurse Duped Of 1 Lakh In Online Shopping Fraud

Mumbai Nurse Duped Of 1 Lakh In Online Shopping Fraud

Rediff.com25 Apr 2026

A nurse in Mumbai was allegedly cheated of 1 lakh after attempting to purchase a dress online for 299, police said.

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.