India steps into ships insurance business: Cabinet approves 'Bharat Maritime Insurance Pool'
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India steps into ships insurance business: Cabinet approves 'Bharat Maritime Insurance Pool'
New Delhi, April 18, 2026 (ANI): India to step into ships insurance business as Cabinet approved ‘Bharat Maritime Insurance Pool’ for commercial ship, learning from Middle East Crisis caused by US-Israel-Iran war. Union Minister Ashwini Vaishnaw explained the scheme in a press briefing after the Cabinet Meeting. He said, “A major decision ...
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