KARACHI: In the first quarter of current fiscal year, textile exports fetched $3.3 billion. In the best case scenario, the country can end the year in June 2020 with $13.8 billion in textile earnings, up from $13.3 billion in FY19.
Finance Minister Nirmala Sitharaman on Saturday invited those who are interested in providing suggestions on simplifying and easing the Goods and Services Tax (GST) filing process.
MUMBAI : Transmission of cuts in repo rates into lower bank lending rates is expected to improve going forward as floating rates come for renewal and the share of old base rate loans decline, said Reserve Bank of India’s (RBI) monetary policy committee (MPC) on Thursday.
Minister of State for Skill Development and Entrepreneurship R.K. Singh on Friday said that the government is taking a number of steps to promote entrepreneurship in the country.
In a surprise move, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) stood pat on policy rates on Thursday, as it waited for the full pass-through of past policy rate reductions.
New Delhi: Boosting the handloom sector country-wide, the Centre received the proposal of 294 more Block Level Clusters (BLCs) under the National Handloom Development Programme (NHDP) from state governments, textile minister Smriti Irani informed the Lok Sabha in a written reply on Friday.