FIEO President calls for increased export development funds for MSMEs
NEW DELHI : Ashwini Kumar, President, the Federation of Indian Export Organisations (FIEO), has expressed concerns over the grossly inadequate budgets allocated for market development schemes aimed at increasing exports. He highlighted that the
Exports of marine products drop 9 pc to USD 7.37 billion in 2023-24
NEW DELHI : Exports of marine products contracted by 8.74 per cent to USD 7.37 billion during 2023-24 due to demand slowdown in key markets of the US and Europe, according to the Commerce
FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted
Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to
Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The first (attack) targeted the American ship
A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group
India records Trade Deficit with 9 out of 10 Trade Partners in FY24
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies
India’s use of crude tankers to export diesel slows in May
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade