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Srinagar Roadshow Promotes Bharat Tex 2024, a Global Textile Expo in New Delhi

Srinagar hosted a roadshow to raise awareness about Bharat Tex 2024, a significant textile expo scheduled in New Delhi from February 26-29. The event aims to attract manufacturers and exporters from Kashmir and showcase a wide range of textile products from over 40 countries....

Exporters Demand, Fiscal Incentives, Credit At Affordable Rates In Budget

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of ...

FM Asks States, To Lessen Logistics Burden On Exporters

Union Finance Minister Nirmala Sitharaman on Friday asked States to adopt a multi-modal approach and ensure logistics did not become a burden on exporters. She said the PM Gati Shakti was a beautiful protocol with which a synergy could be brought ...

Exporters Keeping Fingers Crossed, As Recession Clouds Loom Over EU

Exporters are keeping their fingers crossed due to "visible" recessionary trends in the European Union (EU) as it could affect demand for domestic goods in that market in the coming months. The EU is one of major export destinations for Indian ...

Leather Goods Exporters Disappointed, With GST Rate Hike

Leather products exporters have expressed resentment over the hike in the Goods and Services Tax (GST) on finished leather from 5 per cent to 12 per cent, asserting that the step will demand higher working capital at a time when the ...

India May Consider Alternative Pay System For Exporters, If Russia-Ukraine War Continues For Long

India may consider alternative payment mechanisms for exporters if the Russia-Ukraine conflict continues for a long time and key trade sectors such as gems and jewellery face a problem in international cash transfer, government sources said on Tuesday. This ...

'Tea Exporters' Worried About Payment Issues With Russia

Tea exporters on Monday expressed concern over how to solve payment issues for their shipments to Russia since the CIS country's several banks have been blocked to access to a global financial system SWIFT, in the wake of the Russian-Ukraine crisis. ...

GST Exporter Refunds Deposit In Account Notified With Customs

So far exporters made an outcry due to the disadvantage they were landed in due to the implementation of GST. But considering their demands and the loss the sector had suffered, the government is fast gearing to rule out the ...

Rupee up 18 paise to 60.12 against dollar in early trade

Mumbai: The rupee recovered by 18 paise to trade at 60.12 against the US dollar in early trade on Friday on selling of the American currency by banks and exporters amid sustained foreign capital inflows. Besides, a higher opening in ...

Rupee up 14 paise against dollar in early trade today

MUMBAI: The rupee today appreciated by 14 paise to 62.43 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters. Forex dealers said a higher opening in the ...

Commerce Ministry for easing gold import norms for exporters

Seeking to push exports, the Commerce Ministry has asked its Finance counterpart to ease restrictions on import of gold, imposed by the RBI. In a letter to Economic Affairs Secretary, Arvind Mayaram, Commerce Secretary S.R. Rao has asked him to ...

Rupee is now at its real value: Mayaram

NEW DELHI, DEC 9: With rupee firming to 60.90 against the US dollar, Economic Affairs Secretary Arvind Mayaram today said it has reached its real value. "The rupee is now at its real value," he told reporters. He, however, ...

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