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With Prime Minister <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> all set to visit Australia for G20 summit, Indian exporters hope that the new government will be able to ink the prolonged bilateral agreement with Australia. 
	 “We really hope that the FTA is implemented this time. The bilateral Free Trade Agreement (FTA) between India and Australia has already been through five rounds of negotiations, with the last discussion held in May 2013,” said <keyword id="192507" type="PERSON" weightage="20" keywordseo="Ajay-Sahai">Ajay Sahai</keyword>, director general and CEO of Federation of Indian Export Organisations (<keyword id="154579" type="CITY" weightage="20" keywordseo="FIEO">FIEO</keyword>) exclusively to BI India. 
	 
	He added that the trade between both the countries has rapidly grown in the last decade from $5.1 billion in 2003 to $15.2 billion in 2013. “As far as our exports are concerned, I believe we need some diversification in our exports. Australia offer a new market for our exporters including the traditional export sectors such as leather, textiles, engineering, pharmaceuticals among others. The FTA is expected to immensely benefit these sectors,” noted Sahai. 
	 Talking about the challenges in the trade with Australia, <keyword id="356114" type="PERSON" weightage="20" keywordseo="Subhash-Goyal">Subhash Goyal</keyword>, member of the managing committee and chairman of the services sector, FIEO, pointed out that one of the major issues faced by Indian exporters especially in the services sector, is the accreditation. “In number of services exchanged between India and Australia, we have been facing accreditation problems. So we hope the PM discusses the issue and some arrangement can be worked out so that our respective accreditation is mutually recognized by respective countries”, said Goyal. 
	 
	Apart from discussing the challenges in the bilateral trade, Sahai asserted that PM Modi’s visit could also result in considerable joint ventures. “We can look for some joint ventures in some of the services. Tourism being one of them as there is a large outflow of Indian tourists to Australia,” he said. 
	 
	FIEO has stated that it has received tremendous response from several Indian companies for India Expo at Melbourne’s Australian International Sourcing Fair slated to be held from November 18-November 20, 2014.

PM Modi’s
Visit To Expedite India-Australia FTA Process: FIEO

Last week, the President of the United States, <keyword id="19919748" type="General" weightage="20" keywordseo="joe-biden" source="keywords">Joe Biden</keyword>, announced significant tariffs on a range of <keyword id="20139085" type="General" weightage="20" keywordseo="Chinese-products" source="keywords">Chinese products</keyword> to protect American workers from unfair trade practices. The targetted measures include a 100% tariff on <keyword id="6354973" type="General" weightage="20" keywordseo="electric-vehicles" source="Orion">electric vehicles</keyword>, a 50% tariff on semiconductors and solar cells, and a 25% tariffs on batteries, steel and aluminium products, some critical minerals, and essential health equipment like medical gloves, syringes and needles. In his address from the Rose Garden of the White House, Biden said America can continue to buy any kind of car they want, "but we're never going to allow China to unfairly control the market for these cars. Period." He claimed that the Chinese government has been investing state funds in various Chinese companies for years, spanning industries across the above-mentioned sectors. How does this brewing geopolitical <keyword id="20736760" type="General" weightage="20" keywordseo="trade-war" source="keywords">trade war</keyword> impact <keyword id="20742235" type="General" weightage="20" keywordseo="Indian-firms" source="keywords">Indian firms</keyword>? Experts say the impact could be in two ways, benefitting some sectors, while harming the few others. Let’s start with the bad news. <cmsannotation type="cmsannotation" annotationid="Threat to Indian firms" comment="subhead" text="Threat to Indian firms">Threat to Indian firms</cmsannotation> Beijing offers significant subsidies on most of these products, leading to surplus production that exceeds domestic and even regular export demand. Subsequently, Chinese companies are known to flood the global markets with surplus products at unreasonably low prices, forcing local manufacturers out of business in many countries, including <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword>. A prime example of this in practice can be found in the steel sector, where weak domestic demand is pushing the world’s largest steel producer China to offload surplus production into Indian markets at cheaper prices. Indian steel manufacturers are already struggling to compete with a glut of cheaper Chinese steel, with shipments nearly doubling year-on-year in the financial year ending March 2024. “India is already under grave threat of import because all major steel consuming economies are shutting their doors on these steel producing countries. We are highly vulnerable to surging and predatory import,” said Alok Sahay, secretary general of the Indian Steel Association, to Reuters. Global trade experts say that a majority of Chinese products are sold at unreasonably low prices in global markets because the companies in these sectors do not have to worry about profits. They are heavily subsidised by the Chinese government. <keyword id="20279291" type="General" weightage="20" keywordseo="Steel-Authority-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Steel Authority of India" meta.hostid="261" meta.entityid="Steel Authority of India">Steel Authority of India</keyword>’s (SAIL) chairman Amarendu Prakash also said that they are keenly watching Chinese imports after the US tariff increases. Additionally, China has been accused of employing anti-competitive strategies like compelling foreign companies to transfer their technology in order to operate in China. These factors have led to the US effectively shutting its door on several Chinese products through heightened tariffs, and other developed markets like Canada are also likely to follow suit. White House also emphasised that it continues to consult with its partners and allies who are facing similar threats from China’s unfair trade practices and are keen on taking action. If more and more global markets restrict entry of Chinese products, the risk of the majority of such products being dumped in neighbouring India increases drastically. Trying to block Chinese excess production "is like squeezing a balloon. It shrinks in one place and pops out in another," William Reinsch, a trade expert at the Center for Strategic and International Studies in Washington, tells Reuters. <cmsannotation type="cmsannotation" annotationid="An opportunity also arises" comment="subhead" text="An opportunity also arises">An opportunity also arises</cmsannotation> While some products risk being dumped into the Indian market, in a few other cases, Indian firms could benefit from fresh openings in the lucrative US market. "Of the products affected, India has opportunities in face masks, PPE, syringes &amp;needles, medical gloves, aluminium, iron, and steel. Opportunity may come in China also with retaliation, provided we have market access in products targeted by China," Ajay Sahai, Director General of the Federation of Indian Export Organisations (FIEO), told ANI. However, China is not likely to retaliate against the US tariffs at the moment, say experts, though the country’s Ministry of Commerce said it would take 'resolute measures to safeguard its own rights and interests' "China's economy is fragile. With household spending and the property market on the wane, manufacturing for export markets is one of its few bright spots. Beijing will not want to cut off its nose to spite its face. More broadly, China is desperately trying to encourage new foreign investment. Rash retaliatory action could spoil its case," Moody's Analytics explained in a recent report. Out of China's USD 420 billion exports to the US, only USD 18 billion is impacted due to the latest hike in tariffs — representing slightly over 4% and therefore considered marginal. But Sahai says that this market will continue to grow with time and provides an opportunity to India and other competitors to chip in the supply gap. Ajay Srivastava, the founder of the Global Trade Research Initiative (GTRI), also echoes Sahai’s opinions. He emphasised that the increased duties on Chinese face masks, syringes, needles, medical gloves, and natural graphite offer a substantial opportunity for India, as quoted by ANI. "By ramping up production and export of these in-demand products, India could enhance its trade footprint in the US market," he added. In terms of products like electric vehicles and semiconductors, India remains a net importer, and therefore, may not be in a position to capitalise right now. In the long term, however, as India begins semiconductor production at scale in 2025, there will be opportunities to export some of it to the US and other European countries, offering fresh impetus for domestic manufacturing. As the security risks associated with importing Chinese semiconductors prompts more and more trade barriers from the Western countries, demand for supply from India is likely to grow. Efforts are already underway for the establishment of four large semiconductor plants in India, with three located in Gujarat and one in Assam. Last fiscal year, Indian exports to the US dipped marginally by 1.32 per cent to $77.5 billion as against $78.54 billion in 2022-23. The new development now gives an unique opportunity to turn the tide over the next few years. Overall, some sectors like steel and aluminium do face a serious challenge due to the fresh US tariffs on Chinese products. However, the development will open new avenues for Western market entry and expansion for several other products. (With inputs from agencies)

US-China tariff war could benefit several sectors in India while harming a few others

New Delhi, Apr 14 () With traditional export markets going into lockdown and imposing travel restrictions to control Covid-19 outbreak, exporters and importers of the country are finding it difficult to connect with global buyers to keep their business going. And even if the situation normalises in near future, domestic and global traders would be apprehensive about travelling for participating in international trade fairs and exhibitions which are key in getting new orders and expanding customer base.To deal with these emerging issues, domestic exporters are working on an innovative way to engage with global buyers - to turn to virtual trade fairs and exhibitions.Organising virtual or online trade shows would help Indian exporters to showcase their products and keep the economic activity wheel moving, Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai observed. To take the concept to reality, the FIEO is working on India's first international online sourcing show - India Sourcing Week 2020 - this year, he commented.Sahai explained that buyers would like to see products online to source products as Indian suppliers would face challenges in participating in international trade shows due to travel restrictions in different countries.Global buyers would also not like to attend events or make factory visits due to health risks. Also, in such a crisis like situation, India's key traditional markets like the US and Europe will take over a year to recover from this outbreak, he said .Sahai said that virtual shows would help in attracting new buyers in emerging markets like Africa, Asean and Latin America and support Indian exporters."Through this, we would like to create a short-term and targeted event for quick results for suppliers to generate additional or new revenue. We can organise region focussed events to grow Indian suppliers'' base and increase exports," he told .Sharing similar views, Export Promotion Council for Handicrafts (EPCH) Director General Rakesh Kumar said they are also working on similar lines to organise a virtual trade show for global buyers.He said that they have recently cancelled the spring edition of IHGF (Indian Handicrafts and Gifts Fair), Asia's largest show, which was slated to be held from April 15, due to the spread of coronavirus infection. "It was expecting 7,000 overseas volume buyers and over 3,200 small and medium handicraft manufacturers and exporters as exhibitors from various parts of the country . The fair normally generate export orders worth Rs 6,000 crore and thereby source of livelihood to seven millions of craft persons," Kumar said.He added that an online platform would be created for this where exhibitors will display their products and some items can be showcased in three-dimension for a better feel of the product visually.Another exporter said that although foreign buyers will miss the touch and feel in a virtual trade show, but "we cannot stop business as it will impact lives and livelihoods of millions of people who are engaged in the export business. Even after situation gets normal, people will not like to travel".Indian exporters organise over 60 trade fairs and exhibitions annually and participate in about 500 such events globally every year. Rough estimates peg the market size of this business at about USD 500 million in India and USD 21 billion globally.Ludhiana-based engineering exporter S C Ralhan, however, said that this practice may help certain sectors like handicrafts and clothing but not all as it will increase internal competition among exporters and hit their profit margins.Similarly, Trade Promotion Council of India Chairman Mohit Singla, who organises a global food and beverage show - Indus Food every year, said that virtual trade fairs should be open for buyers throughout the year, but it must enroll only verified suppliers in order to develop trust between seller and buyer."Payment would be an issue in such events as it would not be the job of the marketplace to ensure payments," he said. RR MR

Exporters look to virtual trade fairs, exhibitions to connect with global buyers amid Covid-19 outbreak

New Delhi, Mar 9 () With the RBI imposing moratorium on Yes Bank, exporters' body FIEO on Monday said it will urge the central bank to allow to shift all outstanding foreign currency payments and receipts of exporters to their Nostro account with other banks. "We are taking up with the RBI that payment pending in Nostro account of Yes Bank or to be received as inward remittance or for documents sent on collection now should be sent to Nostro of exporters' account with other bank or credited to exporters account but withdrawal to be allowed," FIEO Director General Ajay Sahai told . Nostro accounts are used to facilitate international transactions and to settle transactions that hedge exchange rate risk. The Reserve Bank of India (RBI) on March 5 imposed a moratorium on capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account and superseding its board with an immediate effect. The RBI's action came after the banking regulator found out risky credit culture and serious governance issues at Yes Bank. Following this, the country's largest lender State Bank of India (SBI) on Saturday said it will invest Rs 2,450 crore in the troubled private sector bank against 245 crore shares. Separately, the Gems and Jewellery Export Promotion Council (GJEPC) has also said that in view of the recent action taken by the RBI on Yes Bank, all exhibitors and visitors are advised not to deposit any cheques/NEFT/RTGS/IMP in that bank with immediate effect. "GJEPC may not be able to provide credit for cheque's deposited in Yes Bank after March 5, 2020, in view of the restrictions imposed on transaction with Yes Bank," it added. RR HRS

FIEO to urge RBI to shift exporters' Yes Bank Nostro account to other banks

Mumbai, May 13 () The Reserve Bank on Wednesday said a scheme providing interest subsidy for post and pre-shipment export credit has been extended by a year till March 31, 2021, a move which would provide relief to exporters. Exporters get the subsidy under the 'Interest Equalisation Scheme for pre and post shipment Rupee Export Credit'. The scheme ended on March 31 this year. "...Government of India has approved the extension of Interest Equalisation Scheme for pre and post shipment Rupee export credit, with same scope and coverage, for one more year i.e. upto March 31, 2021," the RBI said in a notification. The extension shall take effect from April 1, 2020 and end on March 31, 2021, covering a period of one year, it added. In November 2018, the interest subsidy was increased to 5 per cent from 3 per cent with an aim to boost MSME sector exports. Later, the government included other merchant exporters too under the scheme and allowed them interest equalisation at the rate of 3 per cent on credit for export of certain products. Exporters had been demanding extension of the scheme, particularly at a time when they are facing huge problems due to the COVID-19 crisis. Welcoming the decision, Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said this is a huge relief to exporters as the cycle of exports has elongated with slowdown in demand and liquidity. "The exporters have to borrow for longer period and therefore reduction in interest rate by 5 per cent to MSME manufacturers and 3 per cent for all in selected tariff line is very timely," he said. Council for Leather Exports (CLE) Chairman P R Aqeel Ahmed said the move will greatly help exporters to be competitive at this critical juncture. India's exports dropped by a record 34.57 per cent to USD 21.41 billion in March, while it declined by 4.78 per cent to USD 314.31 billion for 2019-20. NKD RR ABM ABMMRMR

RBI extends interest subsidy scheme for exporters till March 31, 2021

New Delhi, Jan 5 () Further escalation in the tension between the US and Iran will have implications on India's exports to the Persian Gulf nation, apex exporters body FIEO said on Sunday.
 Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said so far exporters have not flagged any concerns related with exports to Iran.
 "However, if the tensions will continue, it may have affect on India's exports to Iran," he said.
 He added that due to existing trade sanctions on Iran, Iranian shipping lines are only taking Indian consignments to that country.
 Tensions between Iran and the US increased after an American drone strike killed top Iranian general Qasem Soleimani last week.
 Iran is a key trading partner of India. Its major exports to India are oil, fertilisers and chemicals, while it imports cereals, tea, coffee, basmati rice, spices and organic chemicals, among others.
 India's exports to the Persian Gulf nation in 2018-19 were worth USD 3.51 billion (about Rs 24,920 crore), while imports were valued at USD 13.52 billion (about Rs 96,000 crore).
 The trade imbalance is mainly because of India's import of oil from Iran.
 Both the countries are holding negotiations for a bilateral preferential trade agreement (PTA) to increase trade.
 Unlike a free trade pact, where two trading partners significantly reduce or eliminate duties on maximum number of goods traded between them, PTA involves removal of duties on certain identified products.
 FIEO had earlier said that Iran holds huge export opportunities in sectors such as agriculture, chemicals, machinery, pharmaceuticals, paper and paper products, man-made fibre and filament yarn and essential oils. RR ABM
RVK

Further escalation in US-Iran tension may affect India's exports: FIEO

New Delhi, Mar 27 () Exporters have demanded a host of steps such as allowing them to operate their factories with minimum workforce, subsidy on interest rates, and extension of incentive schemes in order to deal with the coronavirus crisis. These demands were raised during a video conference meeting called by Commerce and Industry Minister Piyush Goyal on Friday with representatives from various Export Promotion Councils (EPCs) from across the country, to assess the impact of coronavirus and lockdown in the country. The councils apprised of the impact of the pandemic on their activities and businesses, and made a range of suggestions to overcome the hardships. Goyal said in the meeting that export-import is an important activity of the country, and at the same time, lockdown was necessary for the safety and health of 130 crore Indians. So, a fine balance has to be maintained and solutions found to reduce the difficulties. He said the suggestions made in the conference will be taken up in right earnest, and action will be taken soon. He assured the councils that the government will try to be accommodative with their reasonable demands, and come out with practical outcomes. During the meeting, the Federation of Indian Export Organisations (FIEO) suggested that "All manufacturing companies in exports should be allowed to operate with 50 per cent of the manpower with full sanitation and safety with social distancing norms as loss in exports will result in market loss which will be extremely difficult to recover". FIEO Director General Ajay Sahai said, "Our loss will be China's gain which is using all means to gain greater market access with increased incentives." The other recommendations made by them include extension of the Foreign Trade Policy 2015-2020 by one year; extension of interest subsidy scheme for 2020-25 with effect from April 1, 2020; amnesty scheme for regularisation of default by payment of only customs duty without interest and penalty to lessen the burden on industry. It also said all agencies involved in exports and imports including customs, freight forwarders, transporters, shipping lines, courier companies, plant quarantine, certificate of origin issuing agencies should function with minimal staff, since if one of them is not functioning, the export-import chain is broken. It has asked for extension in pre- and post-shipment credit by a minimum of 180-270 days, Waiver of PF/ESI charges for all industry from March to June 2020 as industry will bear the wage cost during the period of lockdown with no or less business affecting their liquidity. Ludhiana-based exporter S C Ralhan said fixed charges levied may be waived and industry may be charged only on the actual consumption of electricity and immediate refund of IGST will help exporter in dealing with liquidity issues. "These measures are important for the export sector as it contributes significantly in the country's economic growth. Without these measures, the sector will face major problems," leading footwear exporter and chairman of Chennai-based Farida Group, Rafeeq Ahmed, said. Export Promotion Council for SEZs and EOUs Vice-Chairman Bhuvnesh Seth said steps need to be taken for special economic zones and export oriented units (EOUs). He pitched for extension of income tax benefits and other incentives till March next year, continuation of MEIS export incentive scheme and zero rent at least for MSME for lockdown period. "In view of lockdown, we humbly request for extensions of sunset clause for SEZs till March 31, 2021; direction should be given to clear import containers or demur-rages applicable of shipping companies or ICD (Inland Container Depot) to be waived off during the lockdown period. "Units export consignments worth crores are palletised ready to stuff in containers for dispatch with time-bound delivery. Request to issue instructions to MHA (Ministry of Home Affairs), state governments and customs to move such containers for dispatch," he added. The organisations that took part in the video conference included from sectors such as leather, apparel, sports, electronics, telecom, silk, gems and jewellery, cashew, and plastics. RR HRS

Exporters urge govt to allow them to operate factories with minimum workforce, seek other measures

Lot of money in <a href="http://www.businessinsider.in/searchresult.cms?query=service+tax+refunds">service tax refunds</a> is stuck, hurting the cash flow of companies. But, the issue won’t be there any longer as the government is going to expedite refunds. 
 
The government wants to start afresh for <a href="https://www.google.co.in/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=3&amp;cad=rja&amp;uact=8&amp;ved=0CCgQFjACahUKEwjOiPvLqsHIAhVIjo4KHVRIAuY&amp;url=http%3A%2F%2Fwww.businessinsider.in%2FGST-Means-India-Is-Keen-On-Adopting-Global-Practices%2Farticleshow%2F45757825.cms&amp;usg=AF">goods and services tax</a>. 
 For this, the apex indirect taxes body, <keyword id="6361265" type="ORGANIZATION" weightage="20" keywordseo="Central-Board-of-Excise-and-Customs">Central Board of Excise and Customs</keyword>, is also working on an overhaul of the refund mechanism for the <a href="http://www.businessinsider.in/searchresult.cms?query=BPO">BPO</a>, IT and ITES sectors. 
 
Reportedly, indirect tax collections shot up 35.8% to Rs 3.24 lakh crore in the first six months of the current financial year. 
 
This is over 50% of the budgeted estimate as the government expected Rs 6.47 lakh crore collections from indirect taxes in 2015-16. 
 
When <a href="http://www.businessinsider.in/searchresult.cms?query=Narendra+Modi">Narendra Modi-led government</a> stormed into power, it had promised a stable tax regime and keeping back refunds was against that spirit. 
 The <keyword id="888634" type="UNKNOWN" weightage="20" keywordseo="Service-tax-refunds">service tax refunds</keyword> that are stuck are hurting the cash flow of companies. 
 
Exporters can claim refunds on duties paid on imported inputs used to manufacture goods. 
 
"Very encouraging move...This would aid liquidity for exporters and thereby their business," said Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations. 
 
(Image: Indiatimes)

Government wants clean slate for GST, to end pending service tax refunds

The ongoing <keyword id="107481" type="UNKNOWN" weightage="20" keywordseo="cross-border">cross border</keyword> tension between <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword> and <keyword id="3001" type="COUNTRY" weightage="20" keywordseo="Pakistan">Pakistan</keyword> in <keyword id="6354495" type="CITY" weightage="20" keywordseo="kashmir">Kashmir</keyword> has disrupted the trade in the valley and their counterparts in Pakistan. 
	 
	“As far as the cross border trade is concerned, it has totally come to a standstill. In general, the trade got severely affected because of the floods and the traders suffered a substantial loss. We cannot quote a figure because we still do not know the magnitude of the loss,” Rakesh Gupta, president of Jammu Chamber of Commerce told BI India. 
	 
	He added that the trading communities in both the countries have not exchanged any communication because of the ongoing tension. 
	“Nothing was practically done even before to address the absence of a proper banking system on both the sides of the LOC. In the present scenario, we cannot expect anything to even move an inch because the armies from both the ends are trading fires at each other,” noted Gupta. 
	 
	The facilities provided to the traders were also withdrawn because of the cross border firing. Commenting on the issue, Ajay Sahai, director general and CEO of Federation of Indian Export Organisations (FIEO) said that it has been working closely with the government and the industry bodies in Pakistan to enhance the trade relations between the two countries. 
	 
	“This kind of tension discourages those who are new in the business. But what is worse is the fact that the border tension has postponed the number of talks that were lined up between the governments for better facilitation of trade. The future has been put on the back burner,” noted Sahai. 
	 
	On being questioned on the measures taken by the apex body of the exporters, Sahai told BI India that the government knows best in the present situation. 
	 
	Last month, the association had, in fact, facilitated an exhibition for Karachi Chamber of Commerce in Mumbai, which had seen massive participation from Pakistan’s traders. “We are planning a trade fair in Pakistan in February or March next year and are expecting 75 to 100 participants,” Sahai added. 
	 
	Apart from the border tension, the recent flash flood in the state has also disrupted the cross border trade between the two countries. Gupta averred that due to the flash floods, the payment system in the valley has come to a halt. “Everything was destroyed in the floods. Also, the sales in the main markets in the state are also negligible. People are purchasing bare minimum necessities,” stated Gupta. 
	 
	According to the statistics by ministry of commerce and industry, the total export to Pakistan in 2013-14 was $2,274.26 million, registering a growth of over 10% over $2,064.79 million. The exports to Pakistan make up less than 1% of the total exports of the country. 
	 
	On the other hand, the imports from Pakistan were only $426.88 million in FY 14, posting a decline by 21.22% over $541.87 million in FY 13. The import from Pakistan comprised a negligible amount of the total imports of India. 
	 
	India exports cotton, soya oil meal, vegetables, tomatoes and tea to Pakistan through rail and road routes. A total of 21 items which includes 
	fruits, vegetables, dry fruits, spices, fabric, carpets and many others are allowed to be traded across the LOC. 
	 
	The total trade between India and Pakistan has grown by 3.62% from $2,606.66 million in 2012-13 to $2,701.15 million in 2013-14. 
	 
	Image: Indiatimes.com

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PM Modi’s Visit To Expedite India-Australia FTA Process: FIEO

Purba Das

US-China tariff war could benefit several sectors in India while harming a few others

Deekshith Pinto

Exporters look to virtual trade fairs, exhibitions to connect with global buyers amid Covid-19 outbreak

PTI

FIEO to urge RBI to shift exporters' Yes Bank Nostro account to other banks

PTI

RBI extends interest subsidy scheme for exporters till March 31, 2021

PTI

Further escalation in US-Iran tension may affect India's exports: FIEO

PTI

Exporters urge govt to allow them to operate factories with minimum workforce, seek other measures

PTI

Government wants clean slate for GST, to end pending service tax refunds

BI India Bureau

India-Pak Border Firing Disrupts Cross-LOC Trade In Kashmir

Purba Das

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