[ad_1] The Indian rupee extended its rally, rising 0.3% today after a 0.2% gain on Monday, making it one of the better-performing emerging market currencies. With a 0.5% weekly gain and a 1.5% rise from its February 10th low of 87.95, the rupee has effectively erased one and a half months of losses. Market optimism […]
India asks its missions in 20 countries to step up market intelligence to expand exports – CNBC TV18
[ad_1] India has asked its missions in 20 countries to step up market intelligence efforts to identify export opportunities and broaden the scope for goods and services exports. The intelligence will focus on tailoring local strategies to promote exports in emerging sectors and pinpointing new sub-sectors for potential growth, government sources told CNBC-TV18. Company Value […]
India aims to double exports of organic products to over $1 billion by FY25-26 – CNBC TV18
[ad_1] India is aiming to double its exports of organic products to over $1 billion by FY 2025-26, from $0.5 billion currently. Stating that quality issues among edible products being exported are a bigger concern than tariff barriers, government sources told CNBC TV18 that India is looking to sign Mutual Recognition Agreements (MRAs) in export […]
Govt lifts curbs on rice exports, removes floor price for non-basmati grain – CNBC TV18
[ad_1] Lifting curbs on rice exports, the government on Wednesday removed the floor price for non-basmati rice shipments and exempted parboiled and husked (brown) rice from export duty. The government has removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice and has exempted parboiled rice and husked […]
India’s September trade gap narrows as import bill declines – CNBC TV18
[ad_1] India’s trade deficit narrowed to the lowest in four months in September as the nation reined in its import bill. The gap between imports and exports stood at $20.78 billion in September, Trade Ministry data showed Wednesday, lower than the $24.63 billion deficit forecast by economists in a Bloomberg survey. India reported a trade […]
Indian innerwear & athleisure industry sees steady growth with strong performance by key players – CNBC TV18
[ad_1] The Indian innerwear and athleisure industry is steadily growing, with companies like Dollar Industries and Rupa & Company showing consistent performance. Growth is being driven by volume, and earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins are expected to stay in double digits. In an interview with CNBC-TV18, Vinod Kumar Gupta, MD of […]