PM Modi and Iranian President Raisi Explore Chabahar Port's Potential

22 Aug 2023 CW Team

In a significant diplomatic move, Indian Prime Minister Narendra Modi and Iranian President Ebrahim Raisi engaged in discussions to harness the complete potential of the Chabahar Port. The talks centered around strategies to amplify the port's role as a vital trade gateway, connecting India to Afghanistan and Central Asia while circumventing Pakistan.

Chabahar Port, strategically located in southeastern Iran, has been a focal point of India's efforts to bolster connectivity and trade with the region. The leaders deliberated on enhancing infrastructure, streamlining trade processes, and addressing logistical challenges to optimise the port's operations.

The discussions underscored the joint commitment of India and Iran to regional development and cooperation. By leveraging Chabahar's capabilities, both nations aim to foster economic growth and stability in Afghanistan and beyond.

The Chabahar Port project exemplifies the multi-dimensional potential of diplomacy, trade, and connectivity. It aligns with India's larger vision of the International North-South Transport Corridor (INSTC), which seeks to establish efficient trade routes linking the Indian Ocean to the Caspian Sea through various modes of transport.

As geopolitical dynamics evolve, the collaboration between India and Iran over Chabahar Port reinforces their shared commitment to circumvent challenges and promote trade-led development. The discussions between PM Modi and President Raisi lay the foundation for realising the port's transformative influence on regional trade, connectivity, and prosperity.

Real Estate

14 May 2026

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..