India supported a global carbon tax on shipping. The UN agency, IMO, passed the measure to cut ship emissions. Ships must use cleaner fuels or pay a pollution fee. The tax aims to generate funds for decarbonizing the shipping sector. Some nations opposed the move. Technical details are yet to be finalized. Post navigation Indian semiconductor market to double by 2030, hitting $108 billion: UBS report Trump’s tariff rattles US importers; Woldenberg’s CEO calls it ‘end of days’