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EXPORT CREDIT GUARANTEE CORPORATION OF INDIA
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...- Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...
- Mumbai, Marketplace, Moscow: Three 'M's for Russian exports to IndiaRussian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Addition...
- India's textile industry targets $350 billion by 2030 as exports rebound, costs rise: ReportIndia's textile industry has seen significant growth, expanding to nearly USD 190 billion in FY26. The sector aims for USD 350 billion by 2...
- 23 October 2028: Forget iPhone Duo, Ashwini Vaishnaw says India will have its own Apple and Samsung moment in 2 yearsAshwini Vaishnaw says India will have its own Indian-designed, manufactured and branded smartphones in the next two years by October 23, 20...
- Brookfield builds Qatar presence with Doha officeBrookfield has established a new office in Doha which focuses on its global credit platform and investment opportunities. This step aims to...
- IRS is sending up to $5,000 per adopted child - could your family qualify?The IRS has started sending adoption tax credit refunds of up to $5,000 per child to eligible families. The payments target taxpayers with ...
- RBI tightens leverage ratio rules, keeps minimum capital thresholds unchangedThe RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet expo...
- Shellz India SME shares to list today; GMP indicates 4% potential gainShellz India is set to list on the BSE SME platform on October 23, with a grey market premium of around 4%, indicating a potential listing ...
- Stocks in news: Swiggy, Infosys, HPCL, eMudhra, Adani Power, Shriram Finance, Tata Motors and NLC IndiaIndian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index sa...
- Data on value chain emissions will helpIndia is set to implement a requirement for exporters to report emissions data across their entire value chains. This initiative presents c...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawalsThe Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to...
- Commerce ministry organising FTA outreach initiatives to help states unlock export potential: Piyush GoyalIn a significant announcement, Commerce and Industry Minister Piyush Goyal introduced plans designed to optimize the use of free trade agre...
- These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
- RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressureThe Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collec...
- Bank of America arm seeks CCI nod for up to 49.9% in Jio CreditA summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. ...
- Textiles Ministry identifies 4,000 startups for export growth supportThe textiles ministry has identified over 4,000 textile-based startups for support to scale up and become export-ready over the next three ...
- Public sector banks' Rs 7.8 lakh crore corporate loan pipeline signals capex revivalPublic sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies a...
- World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
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