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Posted in Economy

India inks terms of reference with Philippines, Maldives for trade pact talks

India has inked terms of reference with the Philippines and the Maldives to start negotiations for free trade agreements (FTAs), the Commerce Ministry said on…

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Support measures for exporters on anvil to deal with West Asia crisis

The commerce ministry is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on…

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Shipping wars stitch higher costs into India’s apparel exports

The ongoing conflict in West Asia is increasing costs for India’s apparel exporters, adding between ₹12 and ₹55 per garment because of longer shipping routes…

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Unemployment rate eases to 4.9% in February

New Delhi: India’s unemployment rate eased slightly to 4.9% in February from 5% in January, driven by a notable decline in female jobless rate, official…

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India may soften new grid-supply rules for renewable power producers

NEW DELHI, – India may ease proposed ​penalties on wind and solar ​power producers who fail to meet stricter grid-supply ​commitments, government minutes showed, after…

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India jobless data
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India’s February unemployment rate eases to 4.9% y/y

India‘s unemployment rate ‌eased ⁠to ⁠4.9% in February from 5% in ⁠January, as per the government ‌data released on ⁠Monday. The urban unemployment rate among…

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CCI plans to check abuse in AI space

NEW DELHI: The Competition Commission of India is preparing to act against anti-competitive practices that may emerge in the artificial intelligence space, chairperson Ravneet Kaur…

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India needs outcome-driven urban policy, says EAC-PM paper

India should undertake a structured approach towards urbanisation through financing, governance and land reforms along with reclassification of urban settlements, all aimed at improvement in…

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Iran war begins to bomb the GST bonanza. What can happen?

The GST rationalisation last year had begun to deliver what policymakers hoped for — lower prices, improved affordability and stronger sales volumes across sectors ranging…

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King Fahad Industrial Port is in Yanbu, Saudi Arabia. (Photo:X/@OneBahri)
Posted in Business

There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work

There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…

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