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    Just in:   • Petrol, diesel prices unchanged for fifth day in a row  • Tata Group's ready-to-eat food arm to scale up biz  • Banks sanction Rs 1.10L cr loan to MSMEs  • Interest on late payment to MSMEs for GeM purchase: FM  • Jio killer app serves Rs 13,500 p.a. spoiler on Zoom party 
    Last updated: 05 Jul, 2020  
     Editorials
    Exports.9.Thmb.jpg Exports challenges
    Bikky Khosla | 30 Jun, 2020
    India's exports sector has continued its sharp fall with the COVID-19 crisis refusing to cease. Our overseas shipments plunged 34 percent in March, 60 percent in April, and 36 percent in May on a year-on-year basis. 
      Read more....
    RBI.Thmb.jpg Rate cut transmission
    Bikky Khosla | 23 Jun, 2020
    Amid the ongoing COVID-19 crisis, the Reserve Bank of India (RBI), in an out-of-turn Monetary Policy Committee (MPC) meeting last month, reduced the key interest rate or the repo rate by 40 bps. In another relief to commercial borrowers, the central bank extended the loan repayment moratorium for another three months till August 31.  
      Read more....

    Rupee.9.Thmb.jpg Loan disbursal under ECLGS
    Bikky Khosla | 14 Jun, 2020
    Public sector banks have sanctioned loans worth Rs 29,490.81 crore under the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) as of 11 June, 2020. Of this, an amount of Rs 14,690.84 crore has already been disbursed. 
      Read more....
    msme-THMB-2010.jpg MSMEs redefined
    Bikky Khosla | 08 Jun, 2020
    In a notification issued last week, the Micro, Small and Medium Enterprises (MSMEs) ministry revealed that the new definition of MSMEs will come into effect from July 1, 2020. So, the long wait is over now. 
      Read more....

    India.Growth.9.Thmb.jpg GDP data: Economy needs more support
    Bikky Khosla | 02 Jun, 2020
    India's GDP growth rate fell to 3.1 percent in the last quarter of FY 2019-20 against 5.7 percent rise reported for the like period of the previous fiscal, resulting in 4.2 percent fall in overall growth for the whole fiscal 
      Read more....
    RBI.Thmb.jpg Welcome measures by RBI
    Bikky Khosla | 25 May, 2020
    The Reserve Bank of India last week reduced lending rates by 40 basis points to 4 percent from 4.40 percent after a yet another out-of-turn Monetary Policy Committee meeting. 
      Read more....

    msme-THMB-2010.jpg MSME stimulus
    Bikky Khosla | 19 May, 2020
    The micro, small and medium enterprise (MSME) sector, which has been hit hard by the economic shock caused by the Coronavirus pandemic, received a major relief in the form of a tailor-made stimulus package 
      Read more....
    Exports.9.Thmb.jpg Exports opportunities arising out of COVID-19
    Bikky Khosla | 12 May, 2020
    A global rating agency last week said that the Indian economy will not grow in the current financial year due to the “deep shock” triggered by the Coronavirus outbreak. No doubt, the ongoing nationwide lockdown has severely impacted the economy 
      Read more....

     

    Archives: 2020 ( 26 )    2019 ( 52 )    2018 ( 53 )    2017 ( 53 )    2016 ( 51 )    2015 ( 53 )    2014 ( 360 )    Index
     
      Customs Exchange Rates
    Currency Import Export
    US Dollar
    66.20
    64.50
    UK Pound
    87.50
    84.65
    Euro
    78.25
    75.65
    Japanese Yen 58.85 56.85
    As on 05 Jul, 2020
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    COVID-19 has directly affected your business
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      Commented Stories
    » Starting an import export business: Basic guide for beginners(3)
    » Govt. approves subsidy for 2,221 cold storages(1)
    » China's forex reserves reach USD 2.85 trillion(1)
     
     
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