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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
India summons Iran’s Ambassador over shooting incident on...
2026-04-19 · via Business News Today: Latest Business News, Finance News
Mohammad Fathali, Ambassador of Iran to India

Mohammad Fathali, Ambassador of Iran to India | Photo Credit: Ravi Choudhary

The Ministry of External Affairs (MEA) summoned Iran’s Ambassador to India Mohammad Fathali on Saturday for a meeting with Foreign Secretary Vikram Misri over the shooting incident involving Indian vessels transiting the Strait of Hormuz (SoH).

During the meeting, the Foreign Secretary conveyed India’s deep concern at the shooting incident yesterday involving two Indian-flagged ships in SoH. He noted the importance that India attached to the safety of merchant shipping and mariners.

“Reiterating his concern at this serious incident of firing on merchant ships, Foreign Secretary urged the Ambassador to convey India’s views to the authorities in Iran and resume at the earliest the process of facilitating India-bound ships across the Strait,” the MEA said.

In the past 24 hours, two Indian vessels—a very large crude carrier (VLCC) Sanmar Herad and bulk carrier Jag Arnav—reported a firing incident while transiting the SoH, following which they returned to the Persian Gulf. No injury to any crew has been reported, the Shipping Ministry said.

Meanwhile, the Indian-flagged crude oil tanker Desh Garima safely crossed the Strait of Hormuz on April 18, 2026. The vessel, with 31 Indian seafarers onboard, is expected to arrive at Mumbai on April 22.

Domestic LPG cylinder deliveries remain normal against bookings with more than 53.5 lakh domestic LPG cylinders delivered on Saturday. Since March 23, 2026, more than 18.33 lakh 5 Kg FTL cylinders have been sold.

Similarly, a total of 1,67,775 tonnes of commercial LPG, which is equivalent to more than 88.3 lakh of 19 Kg LPG cylinders, have been sold since March 14, 2026. This includes more than 9,600 tonnes of Auto LPG.

Published on April 19, 2026