Enforcement agency attaches assets worth Rs 2,748 cr in ABG Shipyard case

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Mumbai (Maharashtra) [India], March 12: Mumbai witnessed an unforgettable explosion of colour, music and celebration as RANGVERSE 2026 turned the city into a vibrant canvas of joy and energy. Hosted at the iconic Country Club, Andheri West, the event emerged as one of Mumbai's biggest and most talked-about Holi celebrations this year, bringing together celebrities, music lovers and thousands of revellers for an electrifying festival atmosphere.