Global Trade News

The historic BRICS Summit in New Delhi brought together core members and partner nations to address escalating global trade barriers, geopolitical conflicts, an

Economist Surjit Bhalla notes that while BRICS' share of world goods exports increased from 23% in 2011 to 25% in 2023, India's performance as the second-best B

Iran and Oman have agreed to establish new navigational routes in the Strait of Hormuz, building on previous agreements for a joint temporary corridor and mine

The BRICS New Delhi Declaration emphasized the importance of conflict prevention, addressing root causes, and reiterated the commitment of BRICS nations to peac

Yemen's Houthis have seized territory near the Bab al-Mandab Strait, a critical trade gateway, raising concerns about potential impacts on global trade and oil

Houthi forces are nearing control of the Bab el-Mandeb Strait, raising global concerns about trade security and energy supply chains, with India facing potentia

Congress MP Manish Tewari expressed concern over the weaponization of maritime chokepoints, specifically highlighting risks to the Bab-el-Mandeb Strait amid reg

PM Modi highlighted that BRICS nations' economic strength has grown twice as fast as the rest of the world, contributing significantly to global innovation, tra

Low rainfall and shrinking rivers are causing significant shipping bottlenecks globally, leading to higher prices and disruptions in international trade.

The Houthi capture of the Yemeni town of Mocha is significant due to its threat to global trade routes, disruption of vital supply lines, and displacement of th

Panama Canal authorities are considering further reductions in ship traffic if the strengthening El Niño phenomenon exacerbates the country's drought conditions

Yemen's Houthi militia is reportedly advancing towards a port city near the Bab al-Mandab Strait, a critical global trade route, as ground fighting intensifies.

A 95 percent drop in traffic through the narrow Strait of Hormuz has significantly disrupted the global shipping industry, which handles about 80 percent of the

India has urged the UN to ensure secure and predictable sea lanes, emphasizing their indispensability for global trade and the movement of vital commodities, an

India is developing its logistics infrastructure and ecosystem to become a central player in global supply chains, driven by geopolitical shifts and a focus on

European shares saw gains on Tuesday as investors reacted to the US sanctions warning against Iran, with defence stocks leading the rise. The measured implement

Commerce and Industry Minister Piyush Goyal presented India as an attractive destination for global data centers and technology investments, citing the country'

India is negotiating trade deals with 8-9 more groups of countries, aiming to cover 75% of global trade, according to Piyush Goyal.

Indian ministers Sitharaman, Goyal, and Agrawal are scheduled to visit six countries as India intensifies its global trade outreach efforts.

पीयूष गोयल ने कहा कि भारत 8 से 9 और व्यापारिक गुटों के साथ मुक्त व्यापार समझौतों (FTAs) पर बातचीत कर रहा है, जिसका लक्ष्य वैश्विक व्यापार का 75% कवर करना है। उन

The Panama Canal will reduce shipping volumes starting next month due to a drought exacerbated by the El Niño phenomenon, according to the canal's operator.

The Panama Canal will reduce the number of ships passing through it starting next month due to drought caused by the El Niño phenomenon. The Panama Canal Author

The Panama Canal will cap daily transits starting September 4 due to reduced water levels caused by El Nino, limiting traffic to 34 vessels and further reducing

The US Senate has approved a bill allowing President Trump to impose tariffs on nations, including India and China, that purchase Russian oil and gas. India cou