The Cotton Association of India (CAI) has lowered its import estimate for the season in view of actual shipments reaching Indian ports being lower than estimated previously.
The Narendra Modi-government’s decision to start a fresh round of consultations with industry to help them tide over the crippling effects of a slowdown needs to be welcomed.
New Delhi, Sep 10 (KNN) The Commerce Ministry has clarified that export incentive scheme Merchandise Exports from India Scheme (MEIS) has not been discontinued from August 1 this year and an inter-ministerial consideration is going on for continuation of 2 percent increase for labour intensive sectors.
Mumbai: The rupee opened on a cautious note and fell 13 paise to 71.84 against the US dollar in early trade on Wednesday amid rising crude oil prices and unabated foreign fund outflows.
Nashik: State minister for co-operation, marketing and textile Subhash Deshmukh on Monday appealed to all the office-bearers and members of co-operative bodies to work as trustees for the growth of the co-operative sector.
New Delhi: The Reserve Bank of India mandating banks to link certain loans to the external benchmark-based interest rate from 1 October is credit negative to the lenders as it will limit their flexibility in managing risks, Moody's Investors Service said on Tuesday.