freight costs

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    West Asia Conflict Impacts Bikaner Snack Exports

    Jaipur, April 4 The ongoing conflict in West Asia has begun to impact exporters in the Bikaner region. Shipments of popular food items, such as bhujia, papad, and spices to Gulf and European countries are facing severe disruptions, traders said.Bikaner, known for its namkeen industry, exports...
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    Profitability Pressures Expected for Cement Sector in FY27

    New Delhi, April 1 The cement industry is expected to grow by 7-8 per cent in the current fiscal year, supported by sustained demand from the housing and infrastructure sectors, a report by rating agency ICRA said.However, profitability will remain under pressure due to rising input costs and...
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    West Asia Crisis: India Considers Further Economic Relief

    New Delhi, March 29 The government may announce more relief packages for vulnerable segments of the economy, including the MSME sector, to help them sustain and keep inflation under control in the domestic market if the West Asia crisis continues, sources said.The government has announced a...
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    Kolkata Port Faces Container Congestion Due to Trade Disruptions

    Kolkata, March 26 The West Asia crisis has increased freight costs for cargo bound for Europe by 60-80 per cent, with exports falling by as much as 50 per cent for some exporters while hundreds of containers were stranded at the Kolkata port, industry representatives said on Thursday.Calcutta...
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    India's Trade Resilience Amid West Asia Geopolitical Shifts

    New Delhi, March 24 The government is closely monitoring the situation in West Asia and the Gulf region, including its impact on India's external trade, shipping routes, and logistics chains, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce...
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    Export Sector Faces Challenges: India's Response to West Asia Crisis

    New Delhi, March 16 The Ministry of Commerce is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on Monday."Hopefully, within this week, we will provide you with a detailed briefing on the steps the...
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    Rising Oil Prices Drive Sunflower Oil Supply Concerns in India

    New Delhi, March 12 India's imports of crude sunflower oil fell by 51 per cent to 1,45,000 tonnes in February, an industry body said on Thursday, as the ongoing conflict in West Asia and disruptions to shipping routes in the Black Sea pushed prices sharply higher.The Solvent Extractors'...
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    Steel Industry Faces Cost Inflation Amid Global Conflict

    New Delhi, March 8 The global steel industry, including India, is expected to face multiple market-related challenges in the coming days as the escalating crisis in the Middle East impacts fuel costs, which has led to increased freight rates, according to BigMint Research.Military tensions in...
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    India's Pharma Industry Grapples with Rising Freight Costs and Supply Disruptions

    New Delhi, March 5 The domestic pharmaceutical industry is facing potential losses ranging from Rs 2,500 crore to Rs 5,000 crore due to various supply and freight disruptions caused by the conflict in the Middle East, according to the Pharmaceuticals Export Promotion Council of India...
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    Iran Crisis Disrupts Rice Trade, Exporters Request Support

    New Delhi, March 5 Rice exporters on Thursday sought urgent relief measures from the government, such as waivers on port-related charges and payment adjustments, to deal with the crisis following the joint attack by the US and Israel on Iran.They have requested waivers on port-related charges...
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    Strait of Hormuz Crisis: Pakistan Takes Steps to Maintain Fuel Supplies

    Islamabad, March 5 Pakistan is considering various measures, including weekly revisions to petroleum prices, compensating oil companies, and mandatory work-from-home arrangements, to "maintain market liquidity" amid disruptions in trade following the closure of the Strait of Hormuz, a media...
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    India's Trade Exposed: How the Middle East Crisis Impacts Key Industries

    According to Crisil Ratings, a prolonged war in the Middle East could adversely affect several Indian sectors with direct trade exposure to the region, including basmati rice, fertilizers, diamond polishing, airlines, and travel operators.The rating agency said that sectors dependent on...
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    Middle East Conflict: Companies Anticipate Price Increases

    New Delhi, March 2 Biscuit maker Parle Products expects the conflict in the Middle East following US and Israeli airstrikes in Iran to lead to a rise in the cost of packaging materials and freight.Parle Products Vice President Mayank Shah told
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    Rice Exporters Urged to Avoid CIF Contracts Amid West Asia Tensions

    Kolkata, March 1 An association of Indian rice exporters advised its members on Sunday to avoid entering into new "cost, insurance, and freight" (CIF) contracts with Iran and Gulf destinations amid escalating tensions in West Asia, warning that the situation could disrupt shipments and sharply...
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    Rising Oil Prices and Trade Disruption: India’s Concerns

    Rising tensions in the Middle East, following attacks by the US and Israel on Iran, are expected to disrupt trade flows, increase freight and insurance costs, delay cargo shipments, and drive up global oil prices, thereby increasing India's import bill, according to experts.While India's trade...
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    Shipping Costs at Risk: India's Rice Exporters Adjust to Regional Instability

    New Delhi, March 1 The Indian Rice Exporters Federation has advised its members to avoid making fresh cost, insurance, and freight (CIF) commitments for Iran and parts of the Gulf, as the security situation in the region deteriorates and fears of restricted movement through the Strait of Hormuz...
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