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New Delhi: The Federation of Indian Micro and Small & Medium Enterprises (FISME) has asked the government to "thoroughly" review the role of institutions meant to support exports such as Exim Bank and Export Promotion Councils (EPC).

The rupee depreciated nearly 9 paise to 71.31 against the US currency in early trade on Thursday following some buying in American currency by banks and importers.

FIEO President Sharad Kumar Saraf on Tuesday said that the global situation is becoming extremely challenging as rising protectionism is leading to uncertainty in global trade which will have adverse impact on it.

Goods and services tax (GST) collection crossed the Rs 1 trillion mark for the second straight month in December, but fell short of the Rs 1.1 trillion target set for the last four months of 2019-20.

In order to encourage women's entrepreneurship, the Union MSME Ministry with the MSME Development Institute here and the Swayampurna Bahuuddeshiya Sanstha (SBS) will begin a four-day expo this week to help women become financially independent, it was announced on Wednesday.

The gross GST (Goods and Services Tax) revenue collection for December 2019 has crossed Rs 1-lakh crore mark, showing a 16 per cent rise in revenue YoY. 

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