Exim Bank

Industry, exporters should not depend on subsidies; work on improving competitiveness: Piyush Goyal

On export credit, Goyal said it was discussed in detail and a meeting has been called Friday to further deliberate on the matter

Sino-US trade dispute: India should seize opportunities to increase exports in tariff-affected markets

The tariff war is set to create distortions in both regional and global value chains, and its adverse impact is likely to spread to other developing countries, worsening their existing balance of payment challenges.

Jet Airways faces imminent shutdown without emergency funds from lenders: Report

Jet’s management had advised the airline’s board to temporarily suspend the company’s operations, according to reports

Jet Airways defaults yet again, delays payments to foreign banks this time; emergency funding may decline to Rs 200 crore

The debt-laden Jet Airways had missed the due date in end March and reportedly approached the MNC banks to avert any stern action against the airline.

Cabinet approves Rs 6,000-crore capital infusion in Exim Bank to augment capital adequacy, support Indian exports

Exim Bank is the principal export credit agency in India and the infusion will give an impetus to new initiatives

10% quota for upper castes: Make govt jobs less cushy, says MIT economist Abhijit Banerjee

Banerjee said on Wednesday that people prefer government jobs as they are well paid and have no very strong obligation to work.

Exim Bank says export growth to surge 7% in Oct-Dec; Nov merchandise shipment shrinks

The Exim Bank estimate said merchandise exports will go up to $82.39 billion for the third quarter of the fiscal year, as against $77 billion.

SBI raises $650 mn in maiden green bond sale; to finance projects that do not emit toxic elements

With this issue, SBI will become compliant with the global standards as prescribed by the Climate Bonds Initiative, a global not-for-profit investor-focused organisation

Bad loans crisis: Nearly 24 lenders sign new NPA resolution framework under Project Sashakt

ICA to aid banks, financial institutions fighting bad loans that are sniffing at 12 percent of the system, to take concerted efforts towards resolving dud loans under Rs 500 crore.

India, Myanmar discuss ways to boost trade, investments in sixth Joint Trade Committee meet

Indian commerce and industry minister Nirmala Sitharaman sought cooperation of Myanmar in enhancing road, sea and air connectivity between the countries to increase bilateral trade