India Warns Shipping Firms on Predatory Pricing Amid War
India's Directorate General of Shipping issues advisory against non-transparent pricing as freight costs surge due to Middle East conflict, urging fairness in EXIM trade.
India's Directorate General of Shipping issues advisory against non-transparent pricing as freight costs surge due to Middle East conflict, urging fairness in EXIM trade.
Farmers in Haryana's Pundri, Ambala, and Kurukshetra districts held a protest march against the India-US trade deal, citing concerns over agricultural impacts and market competition.
Shipping giant Maersk has suspended all bookings for reefers, dangerous goods, and oversized cargo to and from eight Gulf nations, including UAE and Saudi Arabia, due to a blockade in the Strait of Hormuz.
The India-EFTA trade agreement marks its second anniversary, with both sides targeting $100 billion in investment and 1 million jobs in India over 15 years. The deal focuses on boosting trade in goods and services.
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RecommendedAir India and IndiGo canceled 64% of their 1,230 scheduled flights to key regions over 10 days due to the Iran conflict and Pakistan airspace restrictions, according to Cirium data.
Online retail giant Coupang is highlighting its American identity as it faces investigations in South Korea over a data breach, lobbying US officials and navigating trade tensions.
Norwegian Cruise Line has officially welcomed the Norwegian Luna to its fleet, marking a significant expansion in its cruise offerings. This addition enhances the company's capacity and modernizes its services for global travelers.
Maharashtra's agricultural sector faces severe trade disruptions due to the West Asia crisis, prompting state officials to urgently request interest subvention and freight subsidies from the central government to support exports.
JNPA announces a 15-day waiver on storage and reefer charges for Middle East-bound export containers stranded due to geopolitical issues, easing financial burdens on exporters.
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RecommendedIndia's energy imports, including oil, LPG, and LNG, face disruptions due to Middle East conflicts and Strait of Hormuz closure. Government implements emergency measures, prioritizes domestic LPG, and explores alternative sources to mitigate impact.
India will supply 5,000 tons of diesel to Bangladesh via pipeline starting Tuesday as part of a 180,000-ton annual agreement. Bangladesh faces fuel shortages due to illegal hoarding and smuggling.
Pakistan implements sweeping austerity measures, including salary cuts and work-from-home policies, to conserve fuel as global oil supplies face disruptions from the Middle East crisis.
The ongoing conflict in West Asia has severely disrupted fruit exports from Maharashtra, leaving nearly 1,000 containers of commodities stranded and impacting supply chains for exporters and producers.
Jawaharlal Nehru Port Authority establishes a task force to address vessel schedule delays and export cargo issues affecting trade with the Middle East, involving port authorities and stakeholders.
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RecommendedThe escalating West Asia conflict has disrupted commercial LPG supplies in major Indian cities like Bengaluru, Mumbai, and Chennai, forcing restaurants and hotels to consider shutdowns as authorities prioritize domestic household supplies.
Commerce Minister Piyush Goyal announced that India's global trade agreements will create new export opportunities for farmers and MSMEs, boosting economic growth and competitiveness.
India's Directorate General of Shipping issues advisory to shipping companies and vessel operators to avoid predatory pricing and multiple ancillary charges amid the West Asia conflict, following stakeholder complaints in EXIM trade.
A world-first trial in Australia uses agricultural waste to produce green steel, marking a key step in the Australia-India partnership's efforts to decarbonize the steel industry and boost sustainable trade.
The 40th edition of Aahar in 2026 will strengthen India's position in the global food economy through a structured B2B platform, fostering trade and innovation.
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RecommendedTwo IndiGo flights were diverted to Bhopal after loose bitumen was found on Indore Airport's runway during recarpeting work. Operations resumed within 20 minutes.
The 40th edition of AAHAR in 2026 aims to strengthen India's role in the global food economy through a structured B2B platform, fostering trade and innovation.
Air India and Air India Express will operate scheduled flights to Jeddah and Muscat on March 10, 2026, with 14 flights each, while suspending other West Asia routes until March 13. The group also plans 32 ad-hoc flights to the UAE, subject to approvals.
Airspace closures in the Middle East have stranded garment shipments from Bangladesh and India, disrupting exports to global retailers like Zara. Airlines cancel flights, causing cargo delays and rising freight costs across South Asia's apparel industry.
The Iran-Israel conflict has severely disrupted India's banana export trade, with vessels returning from Iran and freight charges surging. Exporters in Madhya Pradesh's banana belt face paralysis during peak Ramzan demand, causing domestic prices to crash
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RecommendedFlight operations at Ghaziabad's Hindon civil terminal continue at reduced capacity with several routes suspended since winter disruptions. Airlines have not restored services despite earlier promises.
India's maritime regulator has issued a circular demanding transparency in shipping charges after exporters complained of predatory pricing and retrospective war surcharges affecting billions in trade.
The Union petroleum ministry has suspended commercial LPG cylinder distribution due to West Asia conflict disruptions, impacting Kolkata's restaurants, bakeries, and hospitality sector.
Cargo services at Kempegowda International Airport in Bengaluru have seen a sharp 30% drop in volumes, directly linked to the ongoing conflict in West Asia, disrupting key trade routes and logistics.
Southern Railway announces an e-auction to operate a new multi-level parking facility at Egmore station's multi-functional complex, enhancing passenger amenities and infrastructure.
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RecommendedA call sign confusion involving a wet-leased Norse Atlantic Boeing 787 led to IndiGo's Delhi-Manchester flight turning back over Africa, landing in Delhi after 13 hours due to airspace restrictions.