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The commerce ministry on Friday will meet stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade and address related issues, an official said. The industry official said that the meeting will be chaired by Commerce Secretary Sunil Barthwal. "The meeting is today. We will raise issues related to freight rates," the official said. Barthwal has earlier stated that India is keeping a close watch on the situation. Exporters have stated that the war, if escalated further, would impact world trade and push both air and sea freight rates. They have expressed apprehensions that the conflict may impact the movement of merchant ships from the Strait of Hormuz and the Red Sea. Nearly two-thirds of India's crude oil and half of its LNG imports pass through the Strait of Hormuz, which Iran has now threatened to close. This narrow waterway, only 21 miles wide at its narrowest point, h
Indian Rupee today: The domestic currency rose 9 paise to open at 86.64 against the dollar, according to Bloomberg data
A Russian missile strike on a nine-story Kyiv apartment building was a sign that more pressure must be applied on Moscow to agree to a ceasefire, Ukrainian President Volodymyr Zelenskyy said Thursday, as Moscow intensifies attacks in the war. The drone and missile attack on Kyiv early Tuesday, the deadliest assault on the capital this year, killed 28 people across the city and wounded 142 others, Kyiv Military Administration head Tymur Tkachenko said. Zelenskyy, along with the head of the presidential office, Andrii Yermak, and Interior Minister Ihor Klymenko, visited the site of the apartment building in Kyiv's Solomianskyi district on Thursday morning, laying flowers and paying tribute to the 23 people who died there after a direct hit by a missile brought down the structure. This attack is a reminder to the world that Russia rejects a ceasefire and chooses killing, Zelenskyy wrote on Telegram, and thanked Ukraine's partners who he said are ready to pressure Russia to feel the rea
Countries are evacuating their nationals from Israel and Iran by air, land and sea as conflict rages between the bitter rivals. Days of attacks and reprisals by the two enemies have shuttered airspace across the Middle East, severely disrupting commercial flights and leaving people unable to get in or out of the region easily. Some governments are using land borders to get their citizens out by road to countries where airports remain open. Thousands of foreigners have already left since the conflict started last week when Israel launched surprise missile strikes on Iran. Bulgaria Bulgaria has moved all its diplomats from Tehran to the capital of Azerbaijan, Baku, the Balkan country's prime minister said Thursday. We are not closing the embassy, ??but moving it to Baku until the danger passes, said Prime Minister Rosen Zhelyazkov. A group of 89 Bulgarians was evacuated from Israel by plane to Sofia, along with 59 nationals from Slovenia, the US, Belgium, Albania, Kosovo and ...
An Iranian missile hit the main hospital in southern Israel early Thursday, wounding people and causing extensive damage but no serious injuries, the medical facility said. Israeli media aired footage of blown-out windows and heavy black smoke. Other missiles hit a high-rise apartment building in Tel Aviv and other sites in central Israel. At least 240 people were wounded by the Iranian missiles, four of them seriously, according to Israel's Health Ministry. Israeli Defence Minister Israel Katz blamed Iran's Supreme Leader Ayatollah Ali Khamenei and said the military has been instructed and knows that in order to achieve all of its goals, this man absolutely should not continue to exist. Israel, meanwhile, carried out strikes on Iran's Arak heavy water reactor, its latest attack on Iran's sprawling nuclear programme. Iranian state television said there was no radiation danger whatsoever and that the facility had been evacuated before the attack. Here's the latest: 19 killed in Isr
Violence against children caught in multiple and escalating conflicts reached unprecedented levels" last year, with the highest number of violations in Gaza and the West Bank, Congo, Somalia, Nigeria and Haiti, according to a United Nations report released late Thursday. Secretary-General Antonio Guterres' annual report on Children in Armed Conflict detailed a staggering 25% surge in grave violations against children under the age of 18 from 2023, when the number of such violations rose by 21%. In 2024, the UN chief said, Children bore the brunt of relentless hostilities and indiscriminate attacks, and were affected by the disregard for ceasefires and peace agreements and by deepening humanitarian crises. He cited warfare strategies that included attacks on children, the deployment of increasingly destructive and explosive weapons in populated areas, and the systematic exploitation of children for combat. Guterres said the United Nations verified 41,370 grave violations against ...
Hezbollah leader accused the world of opposing Iran not because of its nuclear programme, but because it stands for faith, knowledge, and freedom
Kremlin spokesperson Dmitry Peskov warned that direct US involvement in the ongoing Israel-Iran conflict would further destabilise the region
The Iranian regime finds itself in its most difficult position 46 years after the revolution that brought it to power. But does it mean the end?
Donald Trump was briefed on Israel's operation in Iran, said White House
Highlights: Catch all the news developments from around the world here
Among the key concerns is the Haifa Port in northern Israel, which the Adani Group acquired in early 2023
conducted today amid tight security arrangements. Counting of votes is scheduled for June 23.
Under Operation Sindhu, India will evacuate citizens from Israel amid rising tensions with Iran. MEA has urged Indians in Israel to register with the embassy and follow safety guidelines
The threat comes after an Iranian missile attack hit Soroka hospital in southern Israel on Thursday, prompting both Katz and Netanyahu to issue statements; Iran has denied targeting the hospital
Hackers with possible links to Israel have drained more than USD 90 million from Nobitex, Iran's largest cryptocurrency exchange, according to blockchain analytics firms. The group that claimed responsibility for the hack leaked on Thursday what it said was the company's full source code. ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN, the group wrote on its Telegram account. The stolen funds were transferred to addresses bearing messages that criticised Iran's Revolutionary Guard, Blockchain analytics firm Elliptic wrote in a blog post. It said the attack likely was not financially motivated as the wallets the hackers had poured the money into effectively burned the funds in order to send Nobitex a political message. The hackers group, Gonjeshke Darande Predatory Sparrow in Farsi accused Nobitex of having helped Iran's government to evade Western sanctions over the country's rapidly advancing nuclear programme and transfer money to militants, in a post on X claiming the
Israel has a world-leading missile interception system but its bank of interceptors is finite
The FTSE 100 barely reacted, trading 0.2 per cent lower on the day, roughly where it had been prior to the BoE decision, while two-year gilt yields fell to session lows at 3.886 per cent
Indian Rupee today: The domestic currency depreciated 27 paise to close at 86.74 against the dollar, the lowest level since March 17 this year
Iranian missile attack comes as the West Asia conflict enters day seven with no end in sight. The missile barrage hit Tel Aviv, Ramat Gan and Holon, injuring 16 people so far