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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
India protests use of ‘deadly force’ by US on commercial ...
By Amiti Sen · 2026-06-13 · via Economy News, Latest Economic News Today | The HinduBusinessLine
US Chargé d’Affaires Jason Meeks arrives at the Ministry of External Affairs after being summoned by the MEA to lodge a protest against attacks on commercial vessels off the coast of Oman, in New Delhi on Friday

US Chargé d’Affaires Jason Meeks arrives at the Ministry of External Affairs after being summoned by the MEA to lodge a protest against attacks on commercial vessels off the coast of Oman, in New Delhi on Friday | Photo Credit: ANI

India summoned US Chargé d’Affaires Jason Meeks on Friday, the second time in three days, and lodged a “strong protest” against the continuing attacks by US naval forces on commercial vessels carrying Indian mariners in the Gulf of Oman, which resulted in the loss of three lives.

“The Ministry once again conveyed its deep concern over the use of lethal and deadly force against civilian shipping. Such actions are unacceptable and undermine the safety, security and stability of international maritime commerce in a sensitive region at a difficult time,” the MEA said in a statement.

Diplomatic meeting

The high-level diplomatic meeting followed American forces “disabling” three commercial ships in the Gulf of Oman this week. The attack on one of the ships, oil tanker MT Settebello, killed three Indian mariners. 

In its defence the US Central Command, on Thursday, stated that the vessels had violated the blockade against Iran. The operator of Settebello said it had no connections with Iranian oil.

“The US Chargé d’Affaires was requested to convey India’s strong concerns to his authorities and to ensure that US forces operating in the region take all necessary measures to prevent the loss of civilian life,” the MEA statement noted.

Iran condemns attacks

Iran’s Foreign Ministry spokesperson Esmail Baghaei, condemned the US  attacks. “The brutal US attacks on Indian commercial vessels which have killed at least three Indian nationals, stand as clear evidence of America’s ongoing policy of armed robbery and State piracy, Baghaei said in a post on ‘X’.

He said the international community must hold the US accountable for its “lawless conduct”, which threatened global peace and security while endangering the freedom of navigation.

The All India Seafarers Union (AISU), in an official statement, expressed its deep concern over the recent attacks on merchant ships and the growing security threats faced by seafarers across international waters.

It called upon governments, international maritime organisations, shipowners, and stakeholders, to take “immediate steps” to ensure the safety and security of all crew members operating in high-risk regions.

Published on June 12, 2026