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11 Indian merchant ships clear Strait of Hormuz; 13 await safe passage, says MEA

11 Indian merchant ships clear Strait of Hormuz; 13 await safe passage, says MEA

Indian diplomacy has enabled 11 home-flagged ships to leave the Strait of Hormuz, but 13 vessels are still inside the Gulf as tensions linger. Higher insurance costs and routing detours are complicating supply chains for Indian importers and exporters.

May 12, 2026
Modi urges citizens to limit foreign trips and embrace domestic travel to conserve forex

Modi urges citizens to limit foreign trips and embrace domestic travel to conserve forex

With the rupee at a record low, Prime Minister Modi has appealed to Indians to cut non-essential overseas travel and gold purchases, framing the move as a way to protect foreign-exchange reserves. The call could reshape corporate travel budgets and boost domestic tourism in the short term.

May 12, 2026

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