Back to Geopolitics
Livemint·

India plans ₹51,000 crore push to procure 62 ships amid West Asia crisis

India plans ₹51,000 crore push to procure 62 ships amid West Asia crisis

The government wants to significantly scale up India’s shipping capacity, including container vessels, LPG carriers, crude oil tankers, and environment-friendly green tugs, as geopolitical tensions disrupt maritime trade routes.

You are reading a snippet

Read the full article on Livemint

Open on Livemint

Originally published by Livemint

More from Geopolitics

Is PM Modi Preparing India For A Fuel Price Hike? With No Immediate Assembly Polls, Centre May Bite The Bullet Hiding Behind Trump's Iran Standoff
Free Press Journal14h ago

Is PM Modi Preparing India For A Fuel Price Hike? With No Immediate Assembly Polls, Centre May Bite The Bullet Hiding Behind Trump's Iran Standoff

With the 2026 state elections concluded, the Centre is leveraging a strategic five-month window until the next Assemply polls and global energy volatility to implement aggressive austerity measures, potentially using the escalating US-Iran naval standoff as geopolitical cover for an imminent…

Gold Falls to $4,657: Why Rising Oil Prices and Trump-Xi Tension Are Hurting the Yellow Metal
Republic World14h ago

Gold Falls to $4,657: Why Rising Oil Prices and Trump-Xi Tension Are Hurting the Yellow Metal

Gold prices tumbled on Monday, dropping 1.2% to $4,657.89 per ounce as the market reacted to stalled U.S.-Iran peace talks. While geopolitical tension usually helps gold, the resulting spike in crude oil prices has shifted the focus to inflation.

way bill generation falls 5% in April after March peak amid West Asia crisis
CNBC TV1814h ago

way bill generation falls 5% in April after March peak amid West Asia crisis

Industry observers say that while the April decline is largely seasonal, the geopolitical uncertainty may have also prompted companies to adopt a cautious approach toward inventory movement and fresh dispatches in the early weeks of the new financial year.

ROI-Volatility, not high prices, will define Big Oil’s next chapter: Bousso
Devdiscourse14h ago

ROI-Volatility, not high prices, will define Big Oil’s next chapter: Bousso

The loss of more than 13% of global oil supply and roughly a fifth of LNG flows, combined with the extensive damage to energy infrastructure across the Gulf, will ‌likely have long-lasting consequences that put a floor under prices for years. ⁠If supply losses are structural and geopolitical risk…