RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade
DGS seeks govt nod for setting up maritime fund; move aims at helping small, mid-size entrepreneurs in sector
The purpose of the proposed maritime fund is aimed at raising the long-term funds in domestic and international markets and create an equity corpus.
CBI cracks down on loan defaulters in over 61 locations, files 17 FIRs involving funds of Rs 1,139 crore
The figure, which stood at around Rs 640 crore, swelled to Rs 1,139 crore as the agency continued filing of FIRs
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’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
Banerjee said on Wednesday that people prefer government jobs as they are well paid and have no very strong obligation to work.
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.
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
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.
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
RBI doesn't target any range on rupee, intervenes only to curb volatility, says deputy governor Mundra
Foreign investors have pumped in about US $6 billion in capital markets so far this month, buoyed by expectations that BJP's victory in just held assembly polls would lead to more "bold, reformist policies" in India.
Cote D'Ivoirie sought investment from India's private sector particularly in cocoa processing to further strengthen its trade ties with India.
India has decided to set up Project Development Company in Africa to promote and develop infrastructure projects.
Decisions ranged from gold schemes to spectrum trading besides approving a policy for capital infusion in the EXIM Bank.
The capital infusion was made to support the future growth plans of the bank.
The upgrade in the outlook comes at a time when banks in the country are looking at raising money from abroad, especially for the new instrument of tier-I bonds under the Basel-III capital framework