Union Budget 2025-26 – ‘A big booster for India’s foreign trade sector especially …
NEW DELHI : Hailing the Union Budget 2025-26, presented by the Union Finance Minister, Ms Nirmala Sitharaman, FIEO President, Mr Ashwani Kumar said that the Budget has unveiled a series of strategic initiatives aimed
FIEO Welcomes Economic Survey’s Positive Outlook on India’s External Sector: Mr Ashwani Kumar, Presi…
NEW DELHI : Mr Ashwani Kumar, President, Federation of Indian Export Organisations (FIEO) welcomed the Economic Survey 2024-25, which highlights India’s external sector resilience amid global uncertainties. FIEO President commended the government’s efforts in
A milestone in augmenting the flow of credit and modernising and augmenting the production of MSMEs …
NEW DELHI : The approval of the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) is a landmark decision, said Mr Ashwani Kumar, President, FIEO. This will significantly enhance the financial accessibility of our micro,
Rupee depreciation: A complex challenge, not a simple export boost – FIEO President
NEW DELHI : The President of FIEO, Mr Ashwani Kumar, stated that the recent depreciation of the Indian Rupee against the US Dollar represents a complex economic scenario with mixed outcomes. While it is
India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Bud…
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,
Comm Min may seek 5 year extension of interest equalisation scheme for exporters
NEW DELHI : The Commerce Ministry is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments,
Piyush Goyal reveals a new export strategy aiming for $2 trillion by 2030
NEW DELHI : The government is working on an export strategy to further accelerate the country’s goods and services shipments, Commerce and Industry Minister Shri Piyush Goyal has said. He said the ministry is
India’s exporters grapple with liquidity squeeze : CII
NEW DELHI : Indian exporters are grappling with significant liquidity challenges due to high interest rates and a decline in export finance, which are undermining their competitiveness, according to Sanjay Budhia, Chairman of the