New Delhi, April 17 (IANS) In view of the evolving geopolitical situation in West Asia and its continuing impact on maritime logistics across the Gulf and adjoining regions, the government has expanded the list of eligible destinations under RELIEF – Resilience & Logistics Intervention for Export Facilitation, a time-bound intervention under the Export Promotion Mission (EPM), the Commerce Ministry announced on Friday.With this expansion, Egypt and Jordan have been added to the list of eli…
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New Delhi, March 29 (IANS) Apex business chamber CII on Sunday lauded the swift action taken by the Government of India for a coordinated and well-calibrated response to the disruptions arising from the West Asia crisis, and called on industry to complement these efforts through responsible and constructive action.CII observed that the present situation represents a supply-side disruption, with pressures transmitted through energy costs, logistics and working capital cycles. While the policy res…