Geopolitical conflict to keep oil prices up, CAD under stress: Govt to ParliamentThe current account in the Balance of Payments changed from a surplus of 0.9%of GDP in 2020-21 to a deficit of 1.2% in 2021- 22 on the back...
Iron and steel export from India rise by more than 100% in June: EEPC India reportA drop in domestic demand, disruption in supply chain and acute shortage of construction labour led several top steelmakers to export more ...
India may start exporting ventilators: Commerce and industry minister Piyush Goyal“There is not much requirement of ventilators… even those that were projected earlier, are not being used. We may start exporting ventilato...
Government has taken specific steps to boost exports: Nirmala SitharamanThe minister said textiles and all other sectors, which currently enjoy incentives up to 2 per cent over MEIS, will transit to RoDTEP. "In ...
Budget 2020-2021: Measures to boost supply chain finance for MSMEs is well-intendedThe core challenges that MSMEs requiring external finance face include high collateral requirements, high interest rates and complex applic...
NIRVIK scheme to provide high insurance cover for exporters: FMUnder the Export Credit Insurance Scheme (ECIS), the insurance guaranteed could cover up to 90% of the principal and interest.
Govt seeks industry suggestions to improve Gold Monetisation SchemeIn 2015, the government had launched the Gold Monetisation Scheme to mobilise the yellow metal held by households and institutions in the c...
Efforts are being made to boost exports: Hardeep Singh PuriAddressing an event organised by Engineering Export Promotion Council (EEPC), the minister said he had a meeting with member exporters from...
Expect 30% rise in export credit by March: Piyush GoyalThe commerce and industry ministry will soon approach the Cabinet for reduction in insurance premium rates to 0.6% for small exporters havi...
Govt to cut insurance premium rates for small exporters: Piyush GoyalFurther, premium rates for exporters having outstanding limit of over Rs 80 crore will be streamlined with a view to help them.