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,
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
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,
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,
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
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
NEW DELHI : The liberal use of threats of tariffs by US President elect Donald Trump before his inauguration in January puts all forecasts of how world trade would shape up in the coming
NEW DELHI : The trade war between the United States (US) and China under the Donald Trump presidency could create an additional $25-billion export opportunity in the US for Indian exporters, the Federation of
NEW DELHI : The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is crafting a strategy to boost exports to the United States in five key sectors. This comes in response
NEW DELHI : The Indian rupee’s depreciation to an all-time low of Rs 85.10 per US dollar has brought a mixed bag of outcomes for exporters and import-reliant industries. While sectors like garments, handicrafts,