fieo

Equalisation of interest for MSMEs extended till August 31

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Equalisation of interest for MSMEs extended till August 31

New Delhi: The Centre on Friday extended the interest equalisation scheme on pre- and post-shipment rupee export credit by two months for the micro, small and medium enterprises (MSMEs). The scheme, which seeks to promote outbound shipments by providing interest benefits to exporters, was to end on June 30. It has now been extended to … Read more

Increasing global uncertainties may impact demand, India’s exports: FIEO

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Increasing global uncertainties may impact demand, India’s exports: FIEO

New Delhi: The escalating geopolitical tension may have implications for the country’s exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body FIEO said. The global uncertainties caused by continuing war between Russia and Ukraine has impacted India’s outbound shipments in 2023-24, which recorded a decline of … Read more