Wednesday, May 28, 2025

Creating liberating content

NEW DELHI: India’s data centre (DC) sector attracted investments totalling

Product Name: TruFlow Protocol: 31-Day Doctor Plan to Naturally Improve

Attendees view a Joby Aviation electric vertical take-off and landing

Related News

NEW DELHI: India’s data centre (DC) sector attracted investments totalling approximately $15 billion since 2020 and is expected to witness an additional $20–25 billion in funding over the next six

British American Tobacco Plc (BAT) on Wednesday divested a 2.5 per cent stake in Indian conglomerate ITC Ltd for Rs 12,941 crore through open market transactions, reducing its shareholding in

Product Name: TruFlow Protocol: 31-Day Doctor Plan to Naturally Improve ED Click here to get TruFlow Protocol: 31-Day Doctor Plan to Naturally Improve ED at discounted price while it’s still

Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air

Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after

N Chandrasekaran, Chairman of Tata Sons N Chandrasekaran, Chairman of Tata Sons, has stepped down from his roles as Chairman and Director of Tata Chemicals, effective May 29, 2025. The

Trending News

British American Tobacco Plc (BAT) on Wednesday divested a 2.5 per cent stake in Indian conglomerate ITC Ltd for Rs 12,941 crore through open market transactions, reducing its shareholding in

Vikram Singh Mehta named new Chairman of IndiGo IndiGo, India’s largest airline, appointed Vikram Singh Mehta as its new Chairman on Wednesday, replacing Venkataramani Sumantran. Mehta has served on the

The Cabinet Committee on Economic Affairs (CCEA), under Prime Minister Narendra Modi’s chairmanship, has sanctioned two significant railway multitracking projects in Maharashtra and Madhya Pradesh. These infrastructure developments, estimated at

PayPal Payments Pvt Ltd, the Indian arm of global fintech major PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to function as a Payment

NEW DELHI: K Krithivasan, TCS’s chief executive and managing director, received a total remuneration of Rs 26.52 crore in FY25, marking a 4.6% increase from the previous year, according to

The government has been encouraging farmers to diversify their crop production. (AI image) The Cabinet Committee on Economic Affairs on Wednesday approved a higher Minimum Support Price (MSP) for 14

Indian exports resume through Red Sea as route tensions ease

Word Count: 589 | Estimated Reading Time: 3 minutes


Indian exports resume through Red Sea as route tensions ease

Export shipments from India have started moving once again through the Red Sea corridor, marking a cautious return to normal shipping operations after months of disruption caused by regional unrest. The development was confirmed on Tuesday by the Federation of Indian Export Organisations (FIEO).The key maritime route, which includes the Bab-el-Mandeb Strait connecting the Red Sea and Mediterranean Sea to the Indian Ocean, had witnessed severe security concerns throughout the past year due to repeated attacks by Houthi militants based in Yemen. These threats had forced shipping lines to reroute vessels via the Cape of Good Hope, significantly extending travel times and raising logistics costs.“Consignments are gradually going through this important sea route. It will cut transportation time,” said FIEO Director General Ajay Sahai. He added that shipping costs have stabilised recently, partly due to a decline in vessel demand from China.The Red Sea corridor is a critical lifeline for Indian trade, carrying nearly 80 per cent of the country’s exports to Europe and a substantial share of shipments to the US. Together, these two regions account for 34 per cent of India’s total exports.Globally, the Red Sea is vital for commerce, facilitating 30 per cent of container movement and 12 per cent of international trade. At the height of the crisis, nearly 95 per cent of vessels had detoured around Africa, adding 4,000 to 6,000 nautical miles and delaying shipments by 14 to 20 days.The resumption of cargo movement through the Red Sea is expected to improve delivery timelines, reduce freight costs, and provide relief to Indian exporters navigating uncertain global trade conditions.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account