Exporters

Friday, Apr 19, 2024 | Last Update : 08:38 AM IST

Efforts are also being undertaken to increase our exports to emerging markets of Africa, Latin America through PTAs/FTAs (preferential/free trade agreements)," the Minister of State for Commerce Hardeep Singh Puri said. (Photo: File)

Efforts being made to boost exports: Minister

We are trying to provide whatever support you, as exporters, need from the government, MoS Hardeep Singh Puri said.

10 Dec 2019 2:15 PM

Commerce and Industry Minister Piyush Goyal. (Photo: ANI)

Govt mulling to provide forex loan at cheaper rate to exporters: Goyal

Govt is considering a proposal to provide higher insurance coverage to the banks on their export-credit-disbursement.

20 Nov 2019 5:03 PM

Addressing members of the CII, Piyush Goyal said there are ways to resolve the problem of inadequate and expensive credit without putting a significant stress to the exchequer. (Photo: File)

Discussing with banks to provide foreign currency loans to exporters: Goyal

Government is taking steps to boost growth of economy with an aim to take it to USD 5 trillion in next 5 years, said Piyush Goyal.

21 Jun 2019 8:14 PM

The introduction of manual checks in IGST refunds is aimed at preventing unscrupulous exporters from defrauding the exchequer, the CBIC added. (Photo: Representational)

Govt identifies 5,106 'risky exporters' who have fraudulently claimed GST refunds

According to sources, such fraudulent claims of Integrated GST (IGST) refunds by exporters could exceed Rs 1,000 crore.

20 Jun 2019 1:10 PM

"My own experience in the last five years is that wherever we have done away with subsidies, industry and business have progressed, grown and prosper,' Commerce and Industry Minister Piyush Goyal said. (Representational Image)

Industry, exporters should not depend on subsidies; work on competitiveness: Goyal

The minister emphasised on need to increase strengths of the industry as it would help in boosting manufacturing and exports.

06 Jun 2019 3:26 PM

Decision to set up a panel was taken during a meeting last week between senior officials of steel and commerce ministries and exporters.

Govt panel under DGFT to look at steel availability for engineering exporters

Engineering goods exporters are demanding that they should get steel at global prices as domestic rates are higher.

12 May 2019 1:45 PM

Since 2011-12, India's exports have been hovering at around USD 300 billion. (Representative Image)

Protectionism, commodity prices, inadequate liquidity challenges for exporters: FIEO

"Protectionism will continue to rise and it will impact global demand for goods," said FIEO Director General Ajay Sahai.

10 Apr 2019 3:43 PM

India's exports to the US in 2017-18 stood at $ 47.9 billion, while imports were $ 26.7 billion. The trade balance is in favour of India. (Representational Image)

India extends deadline to impose high import duties on 29 US products

The govt has extended this deadline over half a dozen times since June 2018.

31 Mar 2019 5:16 PM

A few countries are emerging as potential markets for Indian apparel exports, registering significant growth in off take.

Four promising apparel markets open up for India

The United Kingdom has reported 51 per cent growth in exports in 2018 to $ 2.38 billion from $ 1.57 billion in 2017.

28 Mar 2019 2:02 AM

Exporters claim that most of these firms are in the SME segment and don’t have the resources to pursue their cases with the tax department.

45 per cent of tax credit refunds are stuck

India’s exports had risen by 17.86 per cent in October to $26.98 billion.

10 Dec 2018 1:53 AM

As per the current norms, banks can only be a consignment or channelising agent in the import of bullion for jewellers and exporters.

Banks to get green signal for gold business

Allowing bullion banking will be a main step towards developing gold infrastructure in India and establishing gold as an asset class.

26 Nov 2018 10:33 AM

As much as Rs 3,096 crore worth of IGST refund claims are held up on account of various deficiencies.

Rs 82,775 cr GST refunds to exporters done; Rs 5,400 cr is pending

The disposal rate of GST refunds is 93.8 per cent as on October 31.

10 Nov 2018 10:59 AM

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Exporters need support

A softening of oil prices has also eased the pressure on the Indian rupee.

03 Nov 2018 1:51 AM

The rupee strengthened by 8 paise to 73.24 against the dollar in early trade on Monday on increased selling of the US currency by exporters and banks amid easing crude prices.

Rupee gains 8 paise to 73.24 against US dollar in early trade

Weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the rupee.

22 Oct 2018 9:43 AM

PHDCCI president-designate Rajeev Talwar on Thursday expressed hope the rupee will stablise with pick up in the economic growth though the depreciating currency is "music to exporters" at present. (Photo: DC)

Falling Rupee 'music to exporters': PHDCCI president-elect Rajeev Talwar

Talwar, who is the CEO of realty major DLF, would be assuming the post of president of industry body PHDCCI next month.

13 Sep 2018 7:46 PM

GST refunds of exporters has been cleared in the first nine days of the ongoing special refund fortnight.

Tax dept clears Rs 7,000 crore GST refunds of exporters

About Rs 14,000 crore of refunds of exporters were stuck due to various mismatches.

09 Jun 2018 11:28 AM

Ministry of Finance to address problems received from trade associations which have hindered sanction of refund of Integrated Goods and Service Tax.

Finance ministry ensures ease of doing business for MSMEs

The exporters have committed mistakes while filing GSTR-1 and GSTR-3B.

31 May 2018 2:45 PM

The finance ministry on Wednesday said GST refunds worth Rs 14,000-crore to exporters are pending with the government and "solutions" are being put in place to fast-track clearances.

Exporters' GST refund: Fin Min says only Rs 14,000 crore pending

Solutions are being put in place to fast-track clearances.

30 May 2018 6:19 PM

As much as Rs 20,000 crore is pending with the government on account of GST refund.

Rs 20,000 crore GST refund pending with govt, says FIEO

FIEO President Ganesh Gupta said the delay in refund is mainly impacting small exporters.

29 May 2018 7:18 PM

CBEC sanctions Rs 12,700-crore GST refund claims

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

01 Apr 2018 11:31 AM

1 of 2

Columns

Mohan Guruswamy

exporters