All posts tagged: Shipments

Will not allow illegal oil shipments from Iran, U.S. tells India

Will not allow illegal oil shipments from Iran, U.S. tells India

U.S. Secretary of State Marco Rubio. File | Photo Credit: AP On Friday (June 12, 2026), after India summoned U.S. Embassy representative Jason Meeks and lodged its “strong protest” against the missile attacks on ships carrying Indian crew, U.S. Secretary of State Marco Rubio told External Affairs Minister S. Jaishankar that violations of the American blockade and “illicit transport of Iranian oil” would not be tolerated. Recalling his discussion with Mr. Rubio, Mr. Jaishankar posted on X: “I reiterated India’s strong protest at the attacks by the U.S. Navy in the Gulf that killed three Indian mariners. Such lethal actions against commercial shipping are not justified.” West Asia war LIVE updates – June 13, 2026 The two discussed the Strait of Hormuz situation following U.S. missile strikes on three vessels — Marivex near Duqm, and Settebello and Jalveer near Shinas — that killed three Indian seafarers off the Oman coast. The U.S. State Department said Mr. Rubio further told Mr. Jaishankar that “all commercial vessels should immediately comply with orders from U.S. forces as they …

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

The US Department of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world’s most advanced chips – like Nvidia’s most sophisticated Rubin and Blackwell processors, as well as AMD’s MI350x – to Chinese entities located outside China. The Nvidia logo is seen at the company’s annual GTC developers conference at the SAP Center in San Jose, California, on March 16, 2026. (Representative image/AFP) The unexpected guidance suggests the United States’ best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year despite broader US efforts to starve Chinese firms of semiconductors needed to develop critical AI capabilities. The new guidance was posted on the Commerce Department’s website on Sunday. It is unclear how many of the chips have been exported in the year that the Trump administration left the door open. One chip industry source with deep supply-chain knowledge estimated it was in the hundreds of thousands. In …

India Weighs Security Assurances Before West Asia Fuel Shipments, Asks Navy To Remain On Standby | India News

India Weighs Security Assurances Before West Asia Fuel Shipments, Asks Navy To Remain On Standby | India News

Last Updated:March 09, 2026, 19:11 IST India is looking for alternative options and security assurances for urgent fuel shipments and has asked the Navy to remain on standby to escort ships, sources said. The Strait of Hormuz is virtually shut due to the West Asia conflict. (AFP/Representational Image) As the war between the US, Israel and Iran entered its eleventh day, India is now looking for options and security assurances for urgent fuel shipments, as the conflict in West Asia has sent oil prices soaring after major producers cut supplies. FOLLOW LIVE UPDATES Top government sources told CNN-News18 that the Ministry of Petroleum and Natural Gas is in talks with Iran and the United States and sought security assurances, while the Indian Navy is on standby for urgent LPG shipments. The Strait of Hormuz, which supplies roughly one-fifth of the world’s oil and liquefied natural gas, is virtually shut after the US-Israeli strikes on February 28 and Iran’s retaliatory attacks on Gulf countries. A prolonged war could leave businesses and consumers facing weeks or months of …

Reliance refutes reports of Russian crude oil shipments to Jamnagar refinery| India News

Reliance refutes reports of Russian crude oil shipments to Jamnagar refinery| India News

Reliance Industries said in a statement on Tuesday that it does not expect any Russian crude oil shipments in January and that no such cargo has reached its facilities in the last three weeks. The clarification came after a Bloomberg report claimed that at least three tankers carrying Russian crude oil had indicated a Reliance Industries Ltd refinery as their next stop. This undated handout picture from Reliance Industries shows a general view of a refinery at Jamnagar, some 400kms west of Ahmedabad. (AFP File Photo) In a post on X, the company described the report as “blatantly untrue”. It said, “Reliance Industries’s Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past three weeks approx. and is not expecting any Russian crude oil deliveries in January.” It further said, “We are deeply pained that those claiming to be at the forefront of fair journalism chose to ignore the denial by RIL of buying any Russian oil to be delivered in January and published a wrong report tarnishing our …

IndiGo chaos: Trade hit as high-value shipments to Lucknow face turbulence

IndiGo chaos: Trade hit as high-value shipments to Lucknow face turbulence

LUCKNOW The disruption in IndiGo flights, now stretching into its second week, has dealt a severe blow to Lucknow’s jewellery and apparels markets, with traders reporting losses and difficulties in movement of high-value goods. Sudden flight cancellations and chaotic rescheduling have impacted the flow of gold, silver, diamonds, designer fabrics, lehengas, and saris between Lucknow and major commercial hubs including Rajkot, Mumbai, Surat, Delhi, Kolkata and Bengaluru. A stranded passenger at T1 of IGI Airport due to cancellation of IndiGo flights in New Delhi. (HT Photo) According to industry estimates, the crisis has impacted jewellery supply chains, sparking anxiety across the city’s bullion and diamond markets. Traders say the damage is already done — and growing by the day. All-India Jewellers and Goldsmiths Federation convenor Vinod Maheshwari warned that this disruption is serious, and both small and large jewellers are struggling to stock material on time. ”Customer orders will get delayed and profit margins will shrink,” he added. Lucknow’s jewellery business relies heavily on daily shipments from Surat, Rajkot and Mumbai, which are now arriving …

Russia ready to continue uninterrupted fuel shipments to India: Putin

Russia ready to continue uninterrupted fuel shipments to India: Putin

Russian President Vladimir Putin, on Friday, assured India of uninterrupted fuel supplies as part of a broader push to strengthen bilateral ties between the two nations.  At a joint press meet with Prime Minister Narendra Modi here, Putin said that “We are ready to continue uninterrupted shipments of fuel for the growing Indian economy”. The announcement came as both the countries signed multiple agreements, covering sectors from fertilisers and food safety to shipping and maritime logistics, as Prime Minister Modi highlighted economic cooperation between the two nations, saying that, “India and Russia have agreed on an economic cooperation program to expand trade till 2030.” Russia expects to boost its oil exports to India again and views the current decline that has taken place due to Western sanctions as a very temporary phase, Kremlin spokesperson Dmitry Peskov said earlier this week. “There can be, for a very brief period of time, insignificant decreases in the volume of oil trade,” Peskov told Indian journalists via a video link. India had become the top buyer of Russia`s seaborne …

HP Tops Indian PC Market as Shipments Grow 8.1 Percent YoY in Q1 2025: IDC

HP Tops Indian PC Market as Shipments Grow 8.1 Percent YoY in Q1 2025: IDC

PC shipments in India witnessed an eight percent surge in the January-March period (Q1) in 2025, as per a report by market research firm IDC. HP enjoyed the lion’s share of domestic PC shipments with 29.1 percent market share in the mentioned period. Lenovo and Dell secured the second and third spots with Acer and Asus taking the fourth and fifth positions, respectively. Notebook and workstation categories witnessed growth, while the desktop category declined in the Q1. India PC Shipments Surged in Q1 2025 As per the latest Worldwide Quarterly Personal Computing Device Tracker report by IDC, India’s PC market grew 8.1 percent YoY in Q1 2025. The total shipments of desktops and notebooks, including workstations, touched 3.3 million units in the mentioned period. IDC states that the growth was aided by strong demand from enterprises and SMB. This marks the seventh consecutive quarter of growth for the domestic PC market. Notebook shipments grew by 13.8 percent YoY, while workstations grew by 30.4 percent YoY. The report notes that the desktop category declined by 2.4 percent YoY, while premium notebook …

iPhone Shipments Likely To Begin In June From Foxconn Bengaluru Unit

iPhone Shipments Likely To Begin In June From Foxconn Bengaluru Unit

New Delhi: Taiwanese electronics manufacturing major Foxconn’s facility in Bengaluru is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June, Karnataka Minister for Commerce and Industries, MB Patil, said on Saturday. The country is now achieving “Make in India” at a global scale, as reports suggest that tech giant Apple may shift the entire assembly of iPhones meant for the US to India by next year. According to Mr Patil, “Foxconn’s unit at Devanahalli ITIR is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June”. In a post on X social media platform, he said that this is not just a manufacturing milestone. “It marks a strategic shift. With rising geopolitical and tariff pressures, India is fast becoming Apple’s preferred production hub. This development strengthens Karnataka’s position in global manufacturing and opens the door to greater foreign investment – without compromising stakeholder interests,” said the state minister. Apple CEO Tim Cook has confirmed that for the June quarter, a majority of iPhones sold …

iPhone Shipments Likely To Begin In June From Foxconn Bengaluru Unit

Apple Clocks 28% Growth In iPhone Shipments In India: Report

New Delhi: Apple registered 28 per cent growth in iPhone shipments in India (year-on-year) in the first quarter this year (January-March period), industry data showed on Thursday. iPhone 16 series was the highest-selling Apple device, capturing 54 per cent market share, with iPhone 15 series garnering 36 per cent share in Q1 2025, according to data provided by said the report by CyberMedia Research (CMR). Apple iPads saw 18 per cent annual growth in Q1 2025 compared to the year-ago period. In the entire 2025, iPhones are likely to garner 11 per cent share in the Indian smartphone market, with iPads clocking 33 per cent, the data projected, as the tech giant doubles down on local manufacturing. Apple maintained its strong growth momentum in India, recording double-digit year-on-year growth and its highest-ever quarterly shipments in Q1. The iPhone 16 series, led by the more accessible iPhone 16e, was the key growth driver. “With nearly three million units shipped in Q1 2025 alone, Apple achieved its strongest first-quarter performance in the Indian market to date,” said …

Samsung Retains Top Spot as Global Smartphone Shipments Grew 0.2 Percent YoY in Q1 2025: Canalys

Samsung Retains Top Spot as Global Smartphone Shipments Grew 0.2 Percent YoY in Q1 2025: Canalys

Global smartphone shipments recorded a slight year-on-year (YoY) growth of 0.2 percent for the January-March period (Q1) in 2025, according to a new report by market research firm Canalys. Markets including India, Latin America, saw notable declines in Q1 2025, while China and the US recorded growth. Samsung secured top spot in the first quarter by grabbing 20 percent market share. Following past trends, Apple was in second place, followed by Chinese smartphone brands Xiaomi and Oppo in the top four positions. As per the latest Canalys research, the global smartphone shipments touched 296.9 million units in Q1 this year, recording just 0.2 percent YoY growth from the same period last year. The growth slowed for the third consecutive quarter as vendors prioritised healthier inventory levels. Samsung Retains Lead With 20 Percent Market Share Samsung maintained its lead over rival phone makers in Q1 2025, shipping 60.5 million units and capturing 20 percent market share. The South Korean tech brand’s growth was driven by the release of the latest Samsung Galaxy S25 series and new Galaxy A series smartphones. …