Exporters

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Exporters - Total results - 53
Home, DPIIT secretaries talk to industry associations for speeding up economic, industrial activities: Govt
Business

Home, DPIIT secretaries talk to industry associations for speeding up economic, industrial activities: Govt

The DPIIT in a tweet said that the conference with industry associations was "to facilitate permits for industrial activities in order to boost economic activities."

Coronavirus Outbreak: MSME exporters have no liquidity to pay wages for April, says industry body
Business

Coronavirus Outbreak: MSME exporters have no liquidity to pay wages for April, says industry body

Apex exporters body FIEO on Tuesday said the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to their employees for the month of April as they are unable to conduct any business activity during the lockdown

Coronavirus Outbreak: Exports sector may witness 15 million job losses, increase in NPAs, says industry body
Business

Coronavirus Outbreak: Exports sector may witness 15 million job losses, increase in NPAs, says industry body

About 15 million people face job losses in India's exports sector following cancellation of over half of the orders and gloomy forecast for global trade due to the Covid-19 pandemic, exporters' body FIEO said on Friday

Exporters to meet Piyush Goyal today; opening factories with 50% workforce, wage issues to be discussed
Business

Exporters to meet Piyush Goyal today; opening factories with 50% workforce, wage issues to be discussed

Exporters will seek immediate roll out of support measures and permission for opening up their factories with 50 percent of workforce during a video conference meeting called by Commerce and Industry Minister Piyush Goyal on Wednesday

Commerce ministry creates online platform for issuance of 'certificate of origin' for exporters
Business

Commerce ministry creates online platform for issuance of 'certificate of origin' for exporters

The commerce ministry has designed an online platform for the issuance of a key document required for exports to those countries with which India has trade agreements, with a view to facilitate shipments during the COVID-19 crisis

Apparel exporters seek Narendra Modi's intervention for stimulus package; say overseas buyers cancelling orders
Business

Apparel exporters seek Narendra Modi's intervention for stimulus package; say overseas buyers cancelling orders

He said that about 70 percent of the apparel units are in the MSME sector and it is imperative to note that the member-exporters strictly comply with national and international norms.

RBI announces more measures to deal with economic fallout of coronavirus outbreak
Business

RBI announces more measures to deal with economic fallout of coronavirus outbreak

The Reserve Bank of India (RBI) on Wednesday announced more measures, including the extension of the period for realisation and repatriation of export proceeds, to deal with the economic fallout of the Covid-19 pandemic

CBIC asks DGFT to tighten accreditation process of star exporters for curbing tax fraud
Business

CBIC asks DGFT to tighten accreditation process of star exporters for curbing tax fraud

The Central Board of Indirect Taxes and Customs (CBIC) has asked the Directorate General of Foreign Trade to make the accreditation system for star exporters more robust to curb tax fraud

Simplifying procedures, funds at competitive rates to help exporters: Piyush Goyal
Business

Simplifying procedures, funds at competitive rates to help exporters: Piyush Goyal

The government is looking at simplifying procedures and making available funds at competitive rates to exporters with a view to boost the country's shipments, Commerce and Industry Minister Piyush Goyal said on Wednesday

Govt identifies 5,106 'risky exporters' who fraudulently claimed GST refunds based on bogus invoices
Business

Govt identifies 5,106 'risky exporters' who fraudulently claimed GST refunds based on bogus invoices

The government on Thursday said it has identified 5,106 "risky exporters" so far who have claimed GST refunds based on bogus invoices, and would manually check their claims before issuing refunds

Automated GST refunds for exporters by next month as revenue department plans to introduce faceless scrutiny
Business

Automated GST refunds for exporters by next month as revenue department plans to introduce faceless scrutiny

Since the GST Network (GSTN) systems are integrated with Customs, hence, refunds are generally transferred to the bank accounts of such exporters within a fortnight.

Rupee rises 5 paise at 69.62 on some dollar selling by banks, exporters amid crude oil concerns
Business

Rupee rises 5 paise at 69.62 on some dollar selling by banks, exporters amid crude oil concerns

Some dollar buying by exporters, however, helped the rupee recover its lost ground at the fag-end. The domestic currency finally settled at 69.62, up by 5 paise over its previous close.

Rupee rises 15 paise to 68.81 in opening trade on fresh selling of greenback by exporters
Business

Rupee rises 15 paise to 68.81 in opening trade on fresh selling of greenback by exporters

At the Interbank forex market, the rupee opened higher at 68.88 and strengthened further to 68.81 against the US dollar, higher by 15 paise over its previous close.

Rupee opens marginally higher in early trade on weak dollar, higher opening of domestic equity market
Business

Rupee opens marginally higher in early trade on weak dollar, higher opening of domestic equity market

Besides the greenback's weakness against some currencies overseas, increased selling of the American currency by exporters as well as banks supported the rupee, forex dealers said.

Rupee rises 20 paise to 69.14 in early trade on sustained foreign fund inflows, higher opening of domestic equities
Business

Rupee rises 20 paise to 69.14 in early trade on sustained foreign fund inflows, higher opening of domestic equities

The rupee on Thursday had strengthened by 20 paise to close at 69.34 against the US dollar.

Exporters may get incentives based on R&D, specific clusters under new foreign trade policy
Business

Exporters may get incentives based on R&D, specific clusters under new foreign trade policy

Exporters are likely to get incentives based on parameters like research and development, product-specific clusters and production pattern under a five-year foreign trade policy (FTP) to be released later this year

Rupee gains for 6th straight session, rises 21 paise to close at 71.46 against dollar as crude oil prices soften
Business

Rupee gains for 6th straight session, rises 21 paise to close at 71.46 against dollar as crude oil prices soften

This is the sixth straight session of gains for the rupee as the US dollar weakened against some currencies overseas

Rupee recovers 42 paise to 73.15 against dollar, buoyed by easing crude prices and selling by exporters
Business

Rupee recovers 42 paise to 73.15 against dollar, buoyed by easing crude prices and selling by exporters

At the Interbank Foreign Exchange, the rupee opened up at 73.18 and further advanced to quote 42 paise higher at 73.15 on increased selling of the American currency by exporters and banks.

Rupee gains 8 paise at Rs 73.24 against dollar in early trade aided by easing crude prices
Business

Rupee gains 8 paise at Rs 73.24 against dollar in early trade aided by easing crude prices

Forex dealers said weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the rupee.

GST refunds: Finance Ministry refutes 'exaggerated, inaccurate' reports; says actual pending amount is Rs 2,077 cr
Business

GST refunds: Finance Ministry refutes 'exaggerated, inaccurate' reports; says actual pending amount is Rs 2,077 cr

While a large number of exporters were granted GST refunds, a few claims are pending due to deficiencies found in claims, the Finance Ministry said.