Logo

Logo

Spike

Freight rates from Asia spike by 53 pc amid Red Sea crisis, say data

The disruption assumes significance as Bab-el-Mandeb Strait, which connects the Mediterranean Sea to the Arabian Sea via the Red Sea and the Suez Canal, is vital for 30 per cent of global container traffic and India relies on the route to trade with parts of West Asia, Africa, and Europe.

Odisha reports 42% spike in new Covid cases

The COVID-19 tally rose to 13,29,203, a bulletin issued by the department said, adding that Sundargarh district with 61 cases topped the daily Covid tally followed by Khordha at 54.