Govt assures incentives to boost exports: Exporters
The government has assured that it will soon announce incentives, including extension of interest subsidy scheme, to boost exports, which are in negative zone since December last year, exporters said Wednesday.
Oct 07, 2015, 19:59 PM IST
Govt may extend interest subsidy scheme for exporters by 3 years
The ministries of commerce and finance are discussing the issue and their decision is likely to be sent soon to the Union Cabinet for approval, sources said.
Sep 13, 2015, 12:06 PM IST
Exports of 10 key agricultural products in negative zone in July
Cereals, oil meals, oil seeds, fruits and vegetables, marine products, dairy and poultry products too recorded negative growth during the month, according to the Commerce Ministry.
Sep 07, 2015, 15:46 PM IST
Govt mulling interest rate sops to leather industry
The Commerce Ministry has circulated a draft note on providing benefits of interest subvention scheme to exporters and the Cabinet is expected to take a decision on the sops by the end of this month, an official said.
Aug 16, 2015, 11:20 AM IST
Exporters worried as outbound shipments continue to slide
With India's outbound shipments contracting for the eighth month in a row, exporters on Friday expressed concern over the continuous slide, saying government needs to immediately step in and chalk out a strategy to give them a competitive edge.
Aug 14, 2015, 23:59 PM IST
Commerce Ministry moves Cabinet note on interest subvention scheme
To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme.
Aug 09, 2015, 10:53 AM IST
Govt to soon announce interest subvention scheme for exporters
Concerned over a continuous decline in exports, the government on Friday said it will soon announce an interest subsidy scheme for exporters.
Jul 17, 2015, 13:53 PM IST
Banks can factor export receivables to improve cash flow: RBI
The Reserve Bank on Thursday allowed banks to factor export receivables on a non-recourse basis, so as to enable exporters to improve their cash flow and meet their working capital requirements.
Jul 16, 2015, 23:09 PM IST
Exotic forex derivative issue surfaces again
The 'exotic forex derivative' issue which allegedly cost nearly Rs 400 crore to exporters here, has again surfaced, as a major bank recently initiated the process of auctioning a running textile unit in this knitwear town to recover some Rs 23 crore from the owners.
Jun 16, 2015, 23:35 PM IST
'Exporters need to focus on non-trade barriers to boost biz'
Exporters are facing non-trade barriers and they need to focus on them to enhance their product competitiveness in the global market as well as boost shipments, a senior Commerce Ministry official said on Wednesday.
Apr 22, 2015, 14:37 PM IST
'Global slowdown hits Indian exports'
Persistent slowdown in global markets has hit Indian exports which fell sharply by 21 percent in March, the industry said Friday.
Apr 17, 2015, 21:24 PM IST
Rupee trims early gains, still up by 14 paise Vs USD
The rupee pared its early gains, but was still higher by 14 paise against the US dollar at Rs 62.14 in late morning trade today on sustained bouts of dollar selling by banks and exporters.
Feb 13, 2015, 11:44 AM IST
Ease of doing biz: Exporters can use credit cards to pay fee
To further improve the ease of doing business in India, the Commerce Ministry is taking steps that include allowing exporters and importers to make the payment of fee through debit or credit cards.
Feb 03, 2015, 13:37 PM IST
Govt notifies new duty drawback rates for exporters
The government has notified revised rates duty drawback for exporters as country's outward shipments slipped into red for the first time in six months in October.
Nov 19, 2014, 22:48 PM IST
Exim Bank wants RBI to hike its leverage ratio by 50%
Currently, RBI allows the Exim Bank to leverage only 10 times of its net-owned funds, which it wants to be hiked to at least 15 times.
Jul 27, 2014, 12:31 PM IST
Rupee down 2 paise at 60.14 against US dollar
Dealers said increased demand for dollar from importers mainly put pressure on the local unit.
Jul 17, 2014, 09:33 AM IST
Rupee down for fourth straight week, closes at 60.18 vs dollar
The partially convertible rupee ended at 60.1850/1950 per dollar versus its previous close of 60.08/09.
Jun 20, 2014, 18:02 PM IST
