Seoul, April 25 (IANS) President Lee Jae Myung returned home from his two-nation swing to India and Vietnam, where he focused on expanding strategic cooperation in energy and supply chains to address uncertainties stemming from the Middle East conflict.Lee wrapped up the six-day trip after holding summits with leaders of the two countries, aimed at deepening economic and strategic ties across various areas, reports Yonhap news agency.On Monday, Lee held a bilateral summit with Indian Prime Minis…
Latest Shipbuilding News & Updates
New Delhi/Hanoi, April 24 (IANS) President Lee Jae Myung’s state visits to India and Vietnam this week highlighted South Korea’s growing focus on securing energy supplies and strengthening raw material supply chains as global markets face mounting uncertainty from the conflict in the Middle East.Lee wrapped up the six-day trip Friday after holding summits aimed at deepening economic and strategic cooperation with the leaders of the two fast-growing economies, seen as critical to Seoul’s efforts …
Seoul, April 23 (IANS) The government here said on Thursday it will maintain the current price ceilings on fuel products for another two weeks considering international oil prices and demand-side controls.Maximum prices for regular gasoline, diesel and kerosene supplied to gas stations by local oil refineries will remain unchanged at 1,934 won (US$1.3), 1,923 won and 1,530 won per litre, respectively, for the next two weeks, according to the Ministry of Trade, Industry and Resources.It marks the…
New Delhi/Seoul, April 21 (IANS) HD Hyundai, South Korea’s leading shipbuilding conglomerate, said on Tuesday it has forged a partnership with Indian government-backed entities to establish a joint shipyard in India.HD Hyundai said it signed a memorandum of understanding (MOU) with NSHIP TN and Sagarmala Finance Corporation Ltd. (SMFCL) of India in New Delhi on Monday (local time) to cooperate in building a joint venture shipbuilding company, reports Yonhap News Agency.NSHIP TN (National Shipbui…
New Delhi, April 20 (IANS) South Korean President Lee Jae Myung said on Monday that he and Prime Minister Narendra Modi agree that India and South Korea can be most ideal partners for comprehensive cooperation to promote mutual growth and innovation. While addressing a joint press meet with PM Modi following their talks in New Delhi, President Lee announced that India and South Korea have agreed to upgrade economic cooperation framework to create new drivers for mutual growth. He stated that Ind…
New Delhi, April 20 (IANS) South Korean President Lee Jae Myung on Monday paid tributes to Mahatma Gandhi at Raj Ghat in New Delhi. In a post on X, the Ministry of External Affairs (MEA) said, “For peace, harmony, and a better world. President Lee Jae Myung of Republic of Korea paid homage to Mahatma Gandhi at Raj Ghat, honouring values of peace and non-violence.”Earlier in the day, President Lee was accorded a ceremonial welcome at the forecourt of Rashtrapati Bhavan. President Droupadi Murmu a…
Seoul, April 18 (IANS) South Korean President Lee Jae Myung’s three-day visit to India starting Sunday is likely to serve as a significant milestone in enhancing India-South Korea bilateral relationship, extending beyond the economic sphere to include security, culture, and people-to-people connections, a report said on Saturday. According to international magazine ‘The Diplomat’, unlike 2023 and 2025, the year 2026 is likely to be remembered as a landmark year for ushering in a new phase in t…
Kozhikode, April 2 (IANS) CPI(M) candidate State Tourism Minister and son-in-law of Chief Minister Pinarayi Vijayan, P.A. Mohamed Riyas, is to approach the Election Commission with a complaint against UDF nominee P.V. Anvar in Beypore, alleging character assassination in an intensifying electoral contest in the historic port constituency.The complaint alleges that Anvar has been targeting Riyas and members of Vijayan’s family through repeated references to “nepotism” and “Pinarayism”, …
Washington, April 1 (IANS) In contrast to its measured tone on India, a new U.S. trade report portrays China as a far more entrenched and systemic challenge — one defined not just by market barriers but by what Washington describes as a state-led model aimed at global dominance. A new report by the Office of the United States Trade Representative (USTR) said China’s policies go beyond traditional trade barriers and reflect a broader strategy to dominate key industries.The 2026 National…
New Delhi, March 25 (IANS) Amid the West Asia crisis, the Indian government is leaving no stone unturned when it comes to the safety of Indians in conflict zone, gas and fuel availability, long-term energy security measures and push for self-reliance across sectors.Prime Minister Narendra Modi informed the Rajya Sabha that the government’s first concern is safeguarding citizens and more than 3.75 lakh Indians have been repatriated from the conflict zone (including over 700 medical students fro…