RBI's New Forex Rules for Service Exporters Explained
The RBI has unified foreign exchange regulations for goods and services trade. This move simplifies compliance and improves monitoring for India's growing services export sector.
The RBI has unified foreign exchange regulations for goods and services trade. This move simplifies compliance and improves monitoring for India's growing services export sector.
Karnataka's leather development corporation is promoting 'Maharaja Maharani' chappals inspired by Mysuru's royal heritage. The initiative has seen early success with plans for a Rs 25 crore production cluster to support artisans.
CBIC announces export incentive schemes like duty drawback, RoDTEP, and RoSCTL will now apply to postal shipments, boosting MSME competitiveness and cross-border e-commerce.
The DGFT has revised the Niryat Protsahan scheme, narrowing eligibility, clarifying compliance, and limiting interest support for MSME exporters to ensure smoother implementation.
Aritas Vinyl IPO commenced on January 16, offering shares at ₹40-47 each. The issue saw 30% subscription on day one, with retail portion at 7%. The company produces artificial leather for automotive and fashion sectors.
The CBIC extends export incentives for small-scale exporters through the postal benefit framework, empowering them with easier access to government support.
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
Indian rice exporters face potential losses as US threatens 25% tariff on trade with Iran. Basmati rice exports worth ₹2,000 crore are stuck, creating port backlogs and payment delays.
Indian exporters remain confident despite US threats of tariffs on countries trading with Iran. They cite strong global demand and diversified markets as key buffers.
Indian exporters express concern after former US President Donald Trump announces additional 25% tariffs on countries trading with Iran, compounding existing 50% US duties.
US President Donald Trump imposes 25% tariffs on nations trading with Iran, creating fresh challenges for Indian tea and rice exporters already facing market pressures.
India's basmati rice exports face mounting pressure from Iran's internal turmoil and US tariff threats, causing price drops and payment delays in domestic markets.
China and the EU finalise a deal on EV exports, setting minimum price guidelines. The agreement's impact on existing high tariffs remains uncertain. Read the full details.
Goa's stakeholders draft a fisheries action plan to tackle production challenges and boost exports. Key focus on deep-sea fishing and a 'mother-child vessel' model to tap over 1 lakh tonnes of untapped potential.
Ranveer Singh and Deepika Padukone returned to Mumbai from a New Year holiday in New York. The couple twinned in black leather jackets, sparking fan frenzy. Details inside.
Government's new Credit Guarantee Scheme for Exporters sees strong uptake, with Rs 3,361.83 crore sanctioned to 774 applicants in one month. Read how this supports Indian exporters against global headwinds.
Indian lenders sanctioned ₹3,361.83 crore to 774 exporters under the new Credit Guarantee Scheme, boosting exports amid US tariff challenges. Scheme operational till March 2026.
Bengaluru fintech Skydo receives RBI's Payment Aggregator-Cross Border licence, empowering 30,000+ MSMEs with faster, cheaper international collections. Discover how this boosts Indian exports.
Indian leather exporters warn Parliament panel that 50% US tariffs are crippling exports and jobs. They urge government intervention and market diversification. Read more.
The EU's new carbon border tax (CBAM) targets Indian steel & aluminium exports from 2026, imposing a 16-22% levy. Experts call it a trade barrier. Why India needs urgent government support for exporters.
Visionary entrepreneur Ramesh Kumar Juneja is the new Chairman of India's Council for Leather Exports. He took charge at the 184th Administration Committee meeting in Chennai. Learn about his plans for the sector.
Ahead of Budget 2026, Indian rice exporters demand tax relief and freight support to boost competitiveness. Key proposals aim to counter global rivals and secure market share.
Indian leather and garment exporters are absorbing heavy discounts to retain US buyers, as 50% tariffs threaten orders. Industry eyes EU trade pact while hoping for a US deal. Read more.
Indian Rice Exporters Federation urges govt for fiscal support in Union Budget 2026 to tackle ecological stress, boost competitiveness, and sustain India's 40% global rice trade share. Read key demands.
Indian government launches a ₹7,295 crore export support package with interest subvention and collateral guarantee schemes for MSME exporters, running from 2025 to 2031. Read details.
The DGFT has released operational guidelines for the Interest Equalisation Scheme, offering 2-3% support to MSME and manufacturer exporters. Learn eligibility and how to apply.
North Korean youth are emulating Kim Jong Un's leather and faux fur look, creating a booming market for affordable replicas. Discover the surprising fashion shift inside the hermit kingdom. Read more.
DGFT unveils a Rs 4,531 crore Market Access Support scheme to help Indian exporters, especially MSMEs, diversify into new products and markets like Africa and Latin America. Learn about the benefits.
The Indian government has unveiled a major Rs 4,531 crore scheme to boost exports. The initiative will provide financial aid for trade fairs, buyer meets, and more. Read how this impacts India's trade goals.
The Indian government has operationalised a ₹4,531 crore Market Access Support scheme to help exporters participate in global fairs and counter tariff challenges. Learn how MSMEs and priority sectors will benefit.