Interest Equalisation Scheme News Today

New Delhi, Apr 29 (PTI) 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 Indias outbound shipments in 2023-24, which recorded a decline of 3.11 per cent to USD 437 billion. Imports too dipped by over 8 per cent to USD 677.24 billion.

India Business News: 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 d

The Reserve Bank of India (RBI) on Thursday issued a notification to all the banks, stating that the government has allowed the extension of the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit (Scheme) up to June 30, ...

The EU has decided to impose carbon tax - CBAM - from January 1, 2026 on seven carbon-intensive sectors, including steel, cement, and fertiliser.

Get latest articles and stories on India at LatestLY. India should seek deferment on imposition of carbon tax by the European Union (EU) on engineering sector's MSMEs by three years as domestic manufacturers may not have the financial resources to counter the duty, according to a parliamentary panel's report. India News | Parliament Panel Suggests Govt to Seek 3 Years Deferment on EU's Carbon Tax for MSMEs.

Despite various challenges, Indias goods and services exporters have managed to tap opportunities in developed as well developing economies.

Exports: Despite various challenges, Indias goods and services exporters have managed to tap opportunities in developed as well developing economies.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Exporters get subsidies under the 'Interest Equalisation Scheme for pre and post-shipment rupee export credit