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2 mins read
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
2 mins read
Tea companies to witness 8% dip in revenue on decline in exports: Report
Profitability had fallen 150 bps last fiscal, primarily because of an increase in wages, the rep…
PTI
2 mins read
Wheat exporters to now face more stringent compliances and verification process
The Directorate General of Foreign Trade has directed all regional authorities to physically verify…
3 mins read
India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA
Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…
3 mins read
India’s GDP forecast raised but El Nino, export contraction threats hover
Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…
2 mins read
Government banks are bailing out shadow banks with Rs 2.5 lakh crore
For this, the government will provide a one-time six months' partial credit guarantee to PSBs for f…
PTI
3 mins read
N Chandrasekaran hopes for export duty rollback but prepares Tata Steel for the worst
Tata Steel is back in favour with ratings agencies and analysts, who are bullish on the steel secto…
2 mins read
Reliance has to pay ₹6 per litre of petrol & ₹13 for diesel exported as tax — but rising margins may cushion it
India’s new windfall taxes on energy companies will see export-oriented oil refiners like Reliance …
2 mins read
Fitch warns a Russian debt default is 'imminent' as it cuts the country's credit rating again
A Russian default is 'imminent', the credit ratings agency said as it downgraded from to a C rating…
Adam Morgan McCarthy
1 min read
Efforts being made to boost exports: Minister
New Delhi, Dec 10 () The government is aware of the problems faced by exporters and efforts are bei…
PTI
5 mins read
India's GDP is likely to rebound to 8.5% in 2022, S&P says, but a forgotten community struggles to find any glimmer of hope
Despite India's $264 billion economic stimulus, the country's migrant labourers and struggling comm…
Shalini Nagarajan
1 min read
Gems, jewellery exports stare at steep fall in Q1 next fiscal: Report
There could be heavy loss for domestic jewellery retailers as well, who were already distressed wit…
PTI
3 mins read
Exporters urge govt to allow them to operate factories with minimum workforce, seek other measures
During the meeting, the Federation of Indian Export Organisations (FIEO) suggested that "All manuf…
PTI
2 mins read
Bank fraud: ED attaches Rs 5-cr assets of Rajasthan gems exporting firm, promoters
New Delhi, Nov 27 () The ED has attached assets worth over Rs 5 crore in connection with an alleged…
PTI
1 min read
India extends USD 75 mn line of credit for solar parks in Cuba
Mumbai, Jan 3 () India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba …
PTI
1 min read
India may lose Rs 6,300 Crores in pharma exports
India is set to suffer at least $1 billion (Rs 6,300 crore) of losses in pharmaceutical exports th…
4 mins read
David and the changing face of Goliath
There was a clear division between consulting companies and fulfilment partners (the so-call…
2 mins read
Indian companies about to increase spending and investment in 2017, according to American Express
The survey further revealed that about 37% Indian finance executives expect their company’s leve…
4 mins read
S&P: Brexit won't give UK exports a boost as big as Leave campaigners touted
"One of the Brexiters' key arguments was that a weaker pound exchange rate would benefit exports an…
Will Martin
5 mins read
How a Geneva-based commodity trader became the largest exporter of Russian oil
Against this background of high debt, a fall in the price of oil weakens the balance sheets of prod…