Govt increases duty refunds to exporters despite of approaching global recession
NEW DELHI : The Budget has increased the duty refunds to exporters, amid a looming global recession.The allocation under Remission of Duties and Taxes on Export Products (RoDTEP) scheme has been raised 10 per
Export Refinance Facility for augment export credit and increase in interest subvention under IES to 5 and 3 percent respectively for MSMEs & eligible categories need of the hour : President, FIEO
NEW DELHI : Reacting to the increase in the Repo Rate by 25 basis points with immediate effect to 6.5 percent, FIEO President, Dr A Sakthivel said this increase is in line with the
MID WEEK CAPSULE : Union Budget 2023-24
By Mr. Babu Ezhumavil Dear Subscribers/Readers, It remained always a joy for us to engage our readers in enriching their knowledge through our Online Portal and E-Newsletter. Harping on this, we started a new
India keen on expanding exports to Russia in FY 2023-24
NEW DELHI : India is looking to grab a larger share of the Russian export market in the next financial year 2023-24 to tide over the headwinds in the global market. Moscow is keen
Cut In Customs Duty, Support To MSMEs In Budget To Help Boost Manufacturing, Exports: Exporters
NEW DELHI : The announcements for tweaking customs duties in certain sectors and measures to support MSMEs will help in boosting domestic manufacturing and the country’s outbound shipments, exporters said on Thursday. Increase in
A growth oriented, long-term, employment intensive Budget to facilitate India’s march as a fastest growing economy: Dr A Sakthivel, President, FIEO
NEW DELHI : Hailing the Union Budget, Dr A Sakthivel, President, FIEO said that the budget has focused on growth potential of the Indian economy by focusing on investment & infrastructure to help the
India’s growing and diversifying merchandise trade, led to an increase in goods exports by 9-10 percent during the current fiscal : President, FIEO
NEW DELHI : Commenting on the Economic Survey 2022-23, Dr A Sakthivel, President, FIEO said that the survey has rightly highlighted India’s growing and diversifying merchandise trade, as the goods exports increased to USD
India-UAE trade gap widens to $5 bn post FTA
NEW DELHI : Eight months into a free trade agreement with the United Arab Emirates, India’s trade gap with the Gulf nation has widened by more than $5 billion, lifted by elevated global crude