Iran Unrest Stirs Unease Among Punjab, Haryana Rice Exporters
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
Category : Search result: forex payments for exporters
US Threatens 25% Tariff on India-Iran Trade, Rice Exporters Warn
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 Calm Amid US Tariff Threat on Iran
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.
Trump's 25% Duty on Iran Trade Worries Indian Exporters
Indian exporters express concern after former US President Donald Trump announces additional 25% tariffs on countries trading with Iran, compounding existing 50% US duties.
Trump Tariffs Hit India's Tea, Rice Exports to Iran
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 Rice Exports Hit by Iran Crisis and US Tariffs
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-EU Reach Deal on Electric Vehicle Exports
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 Fisheries Action Plan Aims to Boost Exports
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.
Rs 3,361 Crore Sanctioned Under Export Credit Guarantee Scheme
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.
₹3,361 Crore Sanctioned to Exporters Under New Credit Scheme
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.
PAYG Gets RBI Approval for Offline, Cross-Border Payments
PAYG Payments Pvt Ltd receives RBI's in-principle approval for offline and cross-border payment aggregation licenses, marking a key expansion in India's fintech landscape. Learn more about this strategic move.
India's Forex reserves fall by $9.8 billion to $686.8 bn
India's foreign exchange reserves declined by $9.809 billion to $686.801 billion for the week ending January 2, as per RBI data. Read the full analysis of the components and what this means for the economy.
Skydo Gets RBI Nod as Payment Aggregator for Exporters
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.
IDFC Bank's New Zero-Forex Credit Card for Travelers
IDFC FIRST Bank unveils the Diamond Reserve Credit Card with 0% forex markup, premium travel rewards, and lifestyle benefits for affluent global travellers. Annual fee waiver on spends over ₹6 lakh.
EU's Carbon Tax Hits Indian Steel, Aluminium Exports
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.
Rice Exporters Seek Major Tax Relief in Budget 2026
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 Exporters Slash Prices to Keep US Orders Amid Tariff Woes
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.
Payments Board's First Meet Reviews Vision 2028 Draft
The newly constituted Payments Regulatory Board held its inaugural meeting, reviewing the draft 'Payments Vision 2028' document. The board discussed key themes for India's digital payments future. Read more.
Rupee slides to 90.28 vs USD on geopolitical tensions
Indian rupee depreciated for the fourth consecutive session, closing 8 paise lower at 90.28 against the US dollar. Geopolitical tensions and a strong dollar weighed on the currency, despite support from lower crude oil prices and foreign fund inflows.
IREF Demands Fiscal Measures in Budget 2026 for Rice Exports
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.
₹7,295 Crore Export Support Package Announced for MSMEs
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.
India's Forex Reserves Rise to $696.61 Billion
India's foreign exchange reserves surged by $3.293 billion to $696.61 billion as of December 26, RBI data shows. Gold holdings led the increase. Read the full analysis.
DGFT Details Interest Subvention for MSME Exporters
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.
Govt's Rs 4,531 Crore Export Boost for MSMEs, New Markets
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.
Govt Rolls Out Rs 4,531 Crore Export Support Scheme
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.
₹4,531 Crore MAS Scheme Launched to Support Indian Exporters
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.
New MAS Scheme to Help Indian Exporters Enter Global Markets
India's Commerce Ministry rolls out Market Access Support scheme under Niryat Disha to help MSMEs and first-time exporters showcase products overseas. Learn how this ₹25,060 crore mission will transform exports.
Mumbai cargo halt may push exporters to Delhi, Bengaluru
A proposed 10-month freighter suspension at Mumbai airport could spike air freight costs, forcing Maharashtra exporters to reroute via Delhi or Bengaluru. Navi Mumbai airport not yet a viable alternative.
Speed raises $8M for Lightning Network payments in India
Indian startup Speed raises $8 million from Tether and Ego Death Capital to build a global Lightning Network payment infrastructure, aiming to make instant, low-cost transactions a reality.
Rupee at 90/$: Mixed Impact on India's Food Industry for 2026
The rupee touching 90 against the dollar defines India's 2026 food trends. While exporters face hurdles, it's the perfect time to discover and champion made-in-India foods. Explore the opportunities.
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