New Delhi, Sep 10 (KNN) The Commerce Ministry has clarified that export incentive scheme Merchandise Exports from India Scheme (MEIS) has not been discontinued from August 1 this year and an inter-ministerial consideration is going on for continuation of 2 percent increase for labour intensive sectors.
New Delhi: The Reserve Bank of India mandating banks to link certain loans to the external benchmark-based interest rate from 1 October is credit negative to the lenders as it will limit their flexibility in managing risks, Moody's Investors Service said on Tuesday.
Mumbai: The rupee opened on a cautious note and fell 13 paise to 71.84 against the US dollar in early trade on Wednesday amid rising crude oil prices and unabated foreign fund outflows.
CHENNAI: The CBI has filed cases pertaining to a duty drawback scam of Rs 12 crore at the Tuticorin Port, where textile manufacturers based in Hosur and Tirupur and several other facilitating companies, have been accused of cheating and fraud.
A joint statement of the 16th AEM-India Consultations revealed that two-way merchandise trade between ASEAN and India grew by 9.8 per cent from USD 73.6 billion in 2017 to USD 80.8 billion in 2018.
Nashik: State minister for co-operation, marketing and textile Subhash Deshmukh on Monday appealed to all the office-bearers and members of co-operative bodies to work as trustees for the growth of the co-operative sector.