Business News

Asset manager DWS on Monday said it has signed agreements to acquire a 40 percent equity stake in Nippon Life India AIF Management Limited (NIAIF), a subsidiary of Nippon Life India Asset Management Ltd (NAMI). Also read: US to finalise…
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From the killing of Supreme Leader Ali Khamenei to the destruction of missile launchers and energy sites, here’s a look at the major losses Iran has suffered in the ongoing conflict with Israel. Source link
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The Indian Navy has deployed two task forces of warships to assist merchant vessels and energy tankers transiting the Strait of Hormuz, according to news agency ANI. The warships are there to help ensure the safe passage of vessels…
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Israeli Prime Minister Benjamin Netanyahu has shared a new video on the social media platform X. Also read: 'At least three more weeks of war': Israel lays out plans as strikes hit Iran The footage, posted from Netanyahu’s official…
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The ongoing war in West Asia is expected to hit $2 billion worth of gems and jewellery exports in the near term, according to the Gem and Jewellery Export Promotion Council (GJEPC). “Of that $2 billion, we can divert $800 million of…
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Reliance Industries Limited (RIL) has signed a binding long-term supply and purchase agreement with Samsung C&T Corporation of South Korea to supply green ammonia for 15 years, the company said in a statement on Monday. Also read: …
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Iran has asked India to release three tankers seized earlier this year and supply certain medicines and medical equipment as part of discussions over the safe passage of India-bound vessels through the Strait of Hormuz, Reuters reported…
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Indian vessel Shivalik, carrying LPG and granted safe transit clearance through the Strait of Hormuz, reached Mundra Port on Monday. Another vessel, Nanda Devi, which is also carrying LPG, is expected to reach India on Tuesday. Also…
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Surabhi Commerce Secretary Rajesh Agarwal on Monday said the disruption caused to the movement of ships and air cargo because of the conflict in West Asia is likely to have some impact on India’s trade with the region as well. Also…
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India is awaiting clarity on the new tariff architecture by the US before signing the trade deal, said a top government official on Monday. "Whenever the US is ready with the new tariff architecture, India will sign it," a top official…
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