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Exim Bank wants RBI to hike its leverage ratio by 50%

Exim Bank wants RBI to hike its leverage ratio by 50%

Last Updated: Sunday, July 27, 2014, 12:31

Currently, RBI allows the Exim Bank to leverage only 10 times of its net-owned funds, which it wants to be hiked to at least 15 times.

Rupee down 2 paise at 60.14 against US dollar

Last Updated: Thursday, July 17, 2014, 09:33

Dealers said increased demand for dollar from importers mainly put pressure on the local unit.

Apparel Exporters ask govt to expedite India-EU FTA

Last Updated: Monday, July 14, 2014, 15:18

Apparel exporters today sought expeditious finalisation of the India-EU Free Trade Agreement to enable better market access for Indian exporters whose total outbound shipments stood at USD 15.7 billion last year.

Rupee down for fourth straight week, closes at 60.18 vs dollar

Last Updated: Friday, June 20, 2014, 18:02

The partially convertible rupee ended at 60.1850/1950 per dollar versus its previous close of 60.08/09. 

Extend MNREGS scheme to garment sector: Exporters Association

Last Updated: Friday, June 06, 2014, 19:47

Tirupur Exporters Association on Friday asked the Centre to extend the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to the garment sector, which is vibrant now and ready to provide more employment.

Exporters appeal for zero excise duty for man-made fibres

Last Updated: Wednesday, June 04, 2014, 08:57

Tirupur Exporters' Association (TEA) has urged the Centre to make zero excise duty for man-made fibres and special machinery to manufacture synthetic garments.

RBI extends loan tenures for exporters to 10 years

Last Updated: Wednesday, May 21, 2014, 19:07

The Reserve Bank Wednesday allowed banks to provide loans with tenures of up to 10 years to exporters to help them ensure capital flows to fulfil long-term contracts.

Exporters slump on rupee strength

Last Updated: Monday, May 19, 2014, 12:22

Shares in India`s exporters, which led the rally late last year and into early this year, slump after the rupee hits its strongest in 11 months against the dollar.

Exporters unhappy with rupee rally, seek intervention: CII

Last Updated: Thursday, May 15, 2014, 19:01

The recent rally in rupee vis-a-vis the US dollar has made a section of exporters unhappy, as the strengthening of the local currency makes Indian exports "uncompetitive" in the global marketplace, CII on Thursday said.

Ind-Ra assigns stable outlook for jewellery exporters for FY15

Last Updated: Sunday, May 11, 2014, 13:52

India Ratings and Research (Ind-Ra) has maintained a stable outlook on gems and jewellery exporters for FY 2015, while revising it on domestic retailers to stable from negative.

EU's import ban on Indian mangoes comes into force

Last Updated: Thursday, May 01, 2014, 18:07

The 28-member European Union's ban on the import of Indian mangoes came into force Thursday, despite widespread criticism from exporters and consumers.

RBI eases forex hedging rules for exporters, importers

Last Updated: Thursday, March 27, 2014, 18:12

The Reserve Bank of India (RBI) relaxed some of the forex hedging rules for importers and exporters, to allow greater operational flexibility, the central bank notified on Thursday.