FIEO hails RELIEF initiative to support exporters amid Middle East crisis

IANS | March 19, 2026 5:40 PM

New Delhi, March 19 (IANS) The Federation of Indian Export Organisations (FIEO) on Thursday welcomed the government’s timely announcement of the RELIEF (Resilience and Logistics Intervention for Export Facilitation) initiative under the Export Promotion Mission, aimed at supporting exporters impacted by the ongoing disruptions in West Asia maritime trade routes.

Explained: RELIEF scheme to support exporters amid West Asia logistics disruptions

IANS | March 19, 2026 2:54 PM

New Delhi, March 19 (IANS) The time-bound Rs 497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme under the Export Promotion Mission (EPM) will support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor, the government said on Thursday.

Pakistan’s fragile economy faces turbulence due to Iran war

IANS | March 19, 2026 2:00 PM

New Delhi, March 19 (IANS) Pakistan’s fragile economy faces a major risk from the US-Israel war with Iran, as the country is heavily dependent on imported fuel and energy prices have shot up due the conflict which has spread across the Middle East countries.