shipping costs

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    US-Iran Ceasefire & Hormuz Reopening Ease Shipping Disruptions

    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...
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    Exporters Face Challenges: India Announces Support Measures

    New Delhi, April 2 The government has implemented a series of measures to protect exporters from the impact of the conflict in the Gulf region, a key market for India's exports, including gems and jewellery, rice, and pharmaceuticals, which were valued at approximately USD 57 billion in 2024-25...
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    India's RELIEF Scheme Addresses West Asia Disruption Concerns

    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...
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    India's Commerce Minister on Export Support and Shipping Challenges

    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...
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