Forex traders said, besides the US-China trade concerns, foreign fund outflows, heavy selling in domestic equities and rising crude oil prices also kept pressure on the Indian rupee.
Tirupur: The Apparel Export Promotion Council (AEPC) has sought a clarification on disbursal of the recently-announced rebate of state and central taxes and levies (RoSCTL) on export of garments and made-ups from the Union commerce ministry.
The Commerce Ministry and Indian High Commissions and Embassies of eleven African countries arranged an interaction over Digital Video Conference (DVC) over two days, on 3rd and 6th May, with the Indian business community in Africa.
A news agency report has reported that the 15th Finance Commission will discuss the transfer of the Reserve Bank of India's surplus capital to the government, among other issues.
Prime Minister Narendra Modi on Monday visited the State of Odisha to review the situation arising out of Cyclone Fani that hit the State on 3rd May, 2019.