insurance costs

New Delhi, April 8 The announcement of a ceasefire between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday.US President Donald Trump announced a two-week suspension of military...

Mumbai, March 22 Engineering, procurement and construction major Larsen & Toubro has not seen any major business impact due to the ongoing Middle East conflict, as nearly 95 per cent of the projects are continuing to function, a top official has said.The company, which gets over 35 per cent of...

New Delhi, March 19 – The government on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme, with an outlay of ₹497 crore, to assist exporters facing disruptions due to the ongoing conflict in West Asia.The scheme, implemented by the Export Credit...

New Delhi, March 7 India's agricultural and food product exports worth USD 11.8 billion to West Asia are at risk as the conflict in the region is disrupting shipping routes, raising insurance costs, and creating uncertainty in logistics, think tank GTRI said on Saturday.In 2025, India exported...

March 07, New Delhi: India's Minister of Trade and Commerce, Piyush Goyal, stated on Friday that the newly formed Inter-Ministerial Group has been in regular contact with exporters amid tensions in the Middle East that have disrupted trade and shipping routes.Speaking to the media, the...

New Delhi, March 6 – Union Commerce Minister Piyush Goyal said on Friday that talks were underway with the Shipping Ministry and shipping companies to facilitate the release of cargo stranded due to the conflict in the Middle East.The government will explore ways to ease the burden on...

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...

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...

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...

With a joint attack by the US and Israel on Iran triggering a major military confrontation in the Middle East, Indian exporters on Saturday said that this is expected to increase transportation and insurance costs, potentially disrupting shipments to the US and Europe.They stated that any...

New Delhi, February 28 With a joint attack by the US and Israel on Iran triggering a major military confrontation in the Middle East, Indian exporters said on Saturday that this development is expected to increase transportation and insurance costs, potentially disrupting shipments to the US and...