QatarEnergy has ceased all liquefied natural gas production following Iranian drone strikes on its Ras Laffan and Mesaieed facilities, causing global gas prices to surge by 45% and oil prices to jump significantly.
Indian basmati rice exports to Iran face severe disruptions as regional conflict halts new deals and shipments are held up at ports and in transit, impacting trade.
India's LNG imports face crisis as Qatar suspends exports after Iran strikes. Petronet and GAIL consider spot tenders, while tanker rates double. Government prioritizes household supply.
The Strait of Hormuz, a critical oil chokepoint, faces escalating tensions threatening 20% of global supply. India, heavily reliant on imports, is highly vulnerable to price shocks and supply disruptions.
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Union Minister Jyotiraditya Scindia spearheaded the Indian delegation at Mobile World Congress 2026, holding strategic discussions with top global CEOs to boost India's telecom and tech sectors.
Canadian Prime Minister Justin Trudeau and Reliance Industries Chairman Mukesh Ambani met in Mumbai to explore potential partnerships between Reliance and Canadian businesses, focusing on trade and investment opportunities.
The Confederation of All India Traders (CAIT) and Rasna have signed a Memorandum of Understanding to promote indigenous trade and support MSMEs, focusing on local products and economic growth.
The Indian government has pledged flexibility and trade facilitation measures to support exporters facing challenges from the West Asia conflict, including logistics and payment issues.
Singapore Business Federation chairman Prasoon Mukherjee invites CII West Bengal to explore investment opportunities in the state, highlighting USEL Group's Rs 8,200 crore commitment and job creation plans.
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Syama Prasad Mookerjee Port in Kolkata handled 64 million tonnes of cargo from April 2025 to February 2026, exceeding the previous fiscal's total with a month to spare, driven by growth at both dock systems.
Union Textiles Minister Giriraj Singh urged Noida garment exporters to aim for Rs 75,000 crore in annual apparel exports by 2030, emphasizing 30% growth from current levels and highlighting government initiatives to boost raw material production and marke
Dry fruits like figs and almonds are set to become more expensive in Bengaluru as the ongoing conflict in Iran disrupts imports, particularly affecting popular Mazafati dates during Ramzan.
Zaki Vision, a Hong Kong-based offshore support vessel, diverted to Kollam port due to escalating Middle East conflict. The ship with 12 crew members will stay for approximately five days under strict port regulations.
Sanjay Mishra, Railway Board's Additional Member for Tourism and Catering, conducted a comprehensive review of passenger amenities at Banaras Railway Station in Varanasi. The inspection focused on service quality and revenue initiatives, including IRCTC f
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Bhopal's historic itra (perfume) industry confronts unprecedented challenges as geopolitical tensions disrupt exports to West Asia during peak Ramzan demand, causing cancelled orders and financial losses.
Saudi Arabia's crude oil exports to India surged 30% in February, narrowing the gap with Russia as the top supplier. Imports reached over 1 million barrels daily, the highest in nearly six years, amid geopolitical tensions in the Gulf.
Airfares on European carriers from London to Mumbai skyrocketed to Rs 2.9 lakh for economy and Rs 9 lakh for business class due to Gulf conflict disruptions, with over 700 flights cancelled daily and stranded passengers facing chaos.
The escalating Middle East conflict has severely impacted Gujarat's manufacturing and export sectors, with disruptions at the Strait of Hormuz and a $2,000 per container conflict surcharge affecting key industries like ceramics and engineering goods.
Airfares from Europe to India skyrocketed to Rs 2.9 lakh in economy and Rs 9 lakh in business class as airlines bypass conflict-ridden Gulf sectors, causing mass cancellations and passenger distress.
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A contractor for Nagpur's ₹998-crore Indora-Dighori flyover project allegedly endangered lives by dismantling a crane without safety barricades near Pachpaoli railway crossing, with pedestrians walking below suspended loads.
Electric vehicle owners in Madurai are calling for more charging stations and service centers to support growing EV adoption. The city corporation has formed a nine-member EV cell to implement Tamil Nadu's EV policy and transform Madurai into an 'EV city'
IndiGo announces a new direct daily flight from Kolkata to Shanghai, enhancing trade and tourism despite aviation disruptions from West Asia conflicts. The service starts with competitive fares.
The Central Board of Indirect Taxes and Customs (CBIC) has rolled out a new deferred customs duty facility, allowing eligible importers to postpone duty payments, enhancing cash flow and trade efficiency.
Air India has temporarily suspended all flights to and from the Middle East on March 3, 2025, citing operational reasons. The airline is reviewing its schedule and will provide updates soon.
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Assam's GI-certified Karbi Anglong fresh ginger makes its debut in the London market with a 1.2 metric ton shipment, facilitated by APEDA and the state agriculture department, marking a significant milestone for agricultural exports.
India and Canada have officially commenced negotiations for a Comprehensive Economic Partnership Agreement (CEPA), with a bold goal to elevate bilateral trade to $50 billion by 2030, marking a significant step in strengthening economic ties.
Industry bodies warn of severe disruptions to India's imports of edible sunflower oil and fertilizer, along with exports of agricultural goods to the Middle East and Europe, due to escalating tensions in West Asia.
The Indian government has convened a high-level meeting to assess the geopolitical situation in West Asia and its potential effects on the nation's export-import cargo flows and broader export ecosystem.
India is reviewing its fuel supply chains to ensure availability and affordability amid the Iran-Israel conflict, focusing on stable crude imports and price stability.
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Export of fruits and vegetables from Kerala to Gulf nations has come to a complete standstill due to flight cancellations amid escalating West Asia tensions, severely impacting local traders and Ramadan supplies.
