``It is quite clear, if an employee on or after 1st day of November...
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Govt plans sovereign guarantees on loans to businesses hit by Iran war, sources say
India is planning to provide a guarantee of about 90 per cent on...
If West Asia crisis continues Indian exports to other parts of world will get impacted: Official
Even if the war ends, the impact of the crisis will be there for...
India may secure US marine cover for vessels shipping oil from Middle East
U.S. President Donald Trump has ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. New Delhi:India is in talks with the United States to secure marine cover for...
Iran vows to attack any ship trying to pass through Strait of Hormuz
"The strait (of Hormuz) is closed. If anyone tries to pass, the heroes of the Revolutionary Guards and the regular navy will set those ships ablaze," Ebrahim Jabari, a senior adviser to the Guards commander-in-chief, said in remarks carried by state media. CAIRO:...
Rising tensions in Middle East may impact trade, push up freight, insurance costs
``The disruption in the Strait of Hormuz threatens a major share of India's crude oil and LNG imports, raising freight costs, insurance premiums, and fuel prices, while a surge in global oil prices could widen the current account deficit and fuel inflation''GTRI...
Govt to meet shipping firms and exporters on Monday to assess impact of Iran tensions on trade
Iran's state media said on February 28 that the Islamic Republic has shut the Strait of Hormuz - one of the world's most critical energy chokepoints through which about a fifth of global oil and gas supplies transit - in response to US and Israeli missile strikes. "We...
Healthcare should be affordable to all; Ayushman Bharat scheme fulfills vision: PM Modi
Prime Minister Narendra Modi PM Modi highlighted the potential of Puducherry to emerge as a major medical tourism hub, pointing out that the region already has nine medical colleges Puducherry:Prime Minister Narendra Modi on Sunday said healthcare should be...
Middle East conflict: Exporters fear rise in logistics, insurance costs, impact on shipments
"Air routes are being altered, and maritime trade through the Red Sea and key Gulf straits faces heightened uncertainty. If diversions become prolonged, shipments may increasingly have to reroute via the Cape of Good Hope, adding an estimated 15â20 days to transit...
US and Israel launch military attack against Iran, could last days
The attack pushes the Middle East into a renewed military confrontation and further dims hopes for a diplomatic solution to Tehran's long-running nuclear dispute with the West. U.S. and Isreal have launched military strikes against Iran on Saturday plunging the Middle...
Climate multilateralism a matter of survival for us: Maldives Minister Muaviyath Mohmed
"For Maldives, multilateralism is not an abstract ideal, but a matter of survival. It is a low-lying country, with more than 99 per cent of the territory comprising oceans. The sea levels could rise by a metre by the end of this century, which can have economic and...
India’s economic growth slips to 7.8%, but still leads major nations, to cross USD 4 trn mark: CEA
``…we are improving our GDP growth outlook for FY27 from 6.8 to 7.2 previously to 7 to 7.4 per cent under the new series…the economy is more likely to achieve a number closer to 7.4 per cent rather than 7 per cent," Chief Economic Advisor V Anantha Nageswaran said...
New GDP series to include data on GST, e-Vahan, household services
The GDP data for third quarter (October-December 2025) based on new series will be released on Friday. New Delhi:The new series of Gross Domestic Product (GDP) with base year 2022-23 will include data of goods and services tax, e-Vahan and household services provided...