New Delhi, April 18 (IANS) Amid the West Asia crisis and geo-political tensions, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Saturday approved the proposal for creation of a domestic insurance pool with a sovereign guarantee of Rs 12,980 crore, to facilitate continuous maritime insurance coverages for Indian flagged or controlled vessels or vessels destined to or starting from India.The pool, called ‘Bharat Maritime Insurance Pool’ (BMI pool), ensures that Indian trade con…
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New Delhi, April 5 (IANS) External Affairs Minister (EAM) S. Jaishankar on Sunday said he received a call from his Iranian counterpart, Abbas Araghchi, during which the two leaders discussed the prevailing situation in the region.EAM Jaishankar, in a post on X, said: “Received a call from Foreign Minister @araghchi of Iran. Discussed the present situation.” He, however, did not elaborate on the specifics of the conversation.The interaction comes amid rising tensions in West Asia, particularl…