NEW DELHI:
Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that the department of commerce has been "struggling" to convince the finance ministry regarding the relevance of the Interest Equalisation Scheme (IES) and the extent to which it is maintaining manufacturing competitiveness.
Sarangi said there are many studies which suggest that very high collateral demand by financial institutions is a big deterrent for MSMEs (micro, small, and medium enterprises) to access institutional finance and that deters them from getting into the export market.
Denne historien er fra December 19, 2024-utgaven av Hindustan Times West UP.
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Denne historien er fra December 19, 2024-utgaven av Hindustan Times West UP.
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Ashwin: Player who never believed in playing it safe
The off-spinner decided to retire from international cricket at the end of the third Test against Australia
Rain plays spoilsport as Test ends in draw
India escaped with a crucial draw in the weather-hit third Test against Australia after intermittent rain wiped out the majority of play on Day 5, leaving the five-match series tantalisingly locked at 1-1.
INDIA TO FACE PAK IN INAUGURAL KHO KHO WORLD CUP OPENER ON JAN 13
Hosts India will face arch rivals Pakistan in the opening match of the inaugural Kho Kho World Cup on January 13, the organisers announced on Wednesday.
With T20I series on line, India look to make amends vs WI
India will look to make amends in all areas and counter the West Indies' power game when the two teams face off in the decider of the women's T20I series on Thursday, with regular skipper Harmanpreet Kaur's participation still shrouded in uncertainty.
Will go to MCG with confidence: Rohit lauds late order fightback
Indian skipper Rohit Sharma hailed the resilience of the lower-order batters after his team managed to salvage a crucial draw in the rain-hit third Test against Australia here on Wednesday, saying it has given the side renewed confidence for the remaining series.
NET DIRECT TAX COLLECTION GROWS 16.45% TILL DECEMBER 17
Net direct tax collection grew 16.45% year-on-year (y-o-y) to over ₹15.82 lakh crore till December 17 this fiscal, buoyed by higher advance tax mop-up, government data showed.
Trump threatens to impose reciprocal tax on India
INDIA'S EXPORTS STOOD AT $77.51 BN, WHILE IMPORTS AGGREGATED AT $42.2 BN IN THE LAST FISCAL
Institutional investments in Indian RE hit peak at $8.87 bn
Institutional investment in Indian real estate (RE) rose 51% to a record $8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL.
Markets extend losses into third session on foreign fund outflows
Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows.
Nissan and Honda consider merger
Honda Motor Co. and Nissan Motor Co. are exploring a merger, according to people familiar with the matter, that would create a singular rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world.
