Industrial units face multiple challenges to resume operations despite relaxations in lockdown norms: FIEO
The revised guidelines require the stay of workers to be within the premises or in the adjacent building or requires their transportation in a dedicated vehicle.
India's exports plunged by a record 34.57 per cent in March due to a steep decline in shipments of leather, gems and jewellery and petroleum products, dragging the total exports in 2019-20 down to $314.31 billion, official data showed on Wednesday
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
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
Coronavirus Lockdown: Small businesses struggle to pay wages; defer, cut salaries to workers this month
Small businesses account for nearly one-quarter of the country's $2.9 trillion economy and employ more than 500 million workers, according to government estimates
Trade suspension with India to hurt Pakistan more as neighbouring country imports essential items, say experts
Pakistan's decision to suspend bilateral trade ties with India would hit the neighbouring country more as they import essential items like onion, tomatoes and chemicals, according to experts
Union Budget 2019: Exporters' body seeks FIEO for employment-linked tax benefits, cut in corporate tax
Exporters' body FIEO on Tuesday urged the government to announce various measures such as employment-linked income tax benefits and set up a fund for marketing purposes to boost the country's outbound shipments in the upcoming Budget
The government's focus to improve logistics, ease of doing business and modern trade infrastructure will help exports to touch USD one trillion in the next three years, exporters body FIEO said on Tuesday
Rising protectionism, commodity prices, inadequate liquidity are major challenges for exporters: FIEO
Sahai said that the other two challenges include fluctuation in commodity prices and inadequate availability of credit as banks are not coming forward to lend exporters.
GSP duty benefit withdrawal by US will have marginal impact on few sectors, says exporters body FIEO
he US decision to withdraw duty benefits under its Generalized System of Preferences (GSP) programme will have a marginal impact on few domestic sectors such as processed food, leather, plastic, and engineering goods, exporters body FIEO said on Tuesday
India's withdrawal of MFN status after Pulwama terror attack will affect Pakistan's exports worth $488 mn
After the withdrawal of the MFN status, India can raise customs duties on several goods being imported from Pakistan.
Lower logistics cost to help boost exports by 5-8%; govt plans national policy to promote free movement of goods: FIEO
The cost of logistics for India is about 14 percent of its GDP and it is far high as compared to other countries.
Exporters body FIEO on Tuesday expressed concerns over slow growth in exports and demanded support from the government in the forthcoming interim budget to boost outbound shipments
Exports to China had stood at $6.37 billion in June-November 2017.
Centre, states, industry representatives to discuss ways to boost export on 10 Jan; Suresh Prabhu to chair meet
Since 2011-12, India's exports have been hovering at around $300 billion. During 2017-18, the shipments grew by about 10 percent to $303 billion.
Govt to provide Rs 600 cr subsidy sops to merchant exporters; move likely to boost outbound shipments
The proposal will entail benefits of around Rs 600 crore to exporters on interest equalisation for the remaining period of the scheme, an official release said.
Industry terms Narendra Modi's measures for MSMEs as Diwali gift; says these step would ensure easier access to credit
"We are confident that these measures will certainly go a long way in mitigating the pains of the MSME sector and also give them new energy and vigour,” Assocham Secretary General Uday Kumar Varma said.
World Bank's ease of doing business ranking: Corporate India praises reforms undertaken by Narendra Modi govt
India jumped 23 places to the 77th position in the World Bank's 'ease of doing business' ranking released on Wednesday.
Iran is one of the major trading partners of India as new Delhi imports huge quantity crude oil from the Persian Gulf country.