The commerce ministry in India is expected to seek an extension of the interest equalisation scheme for five more years in the upcoming Budget. This scheme assists exporters in obtaining competitive rupee export credits, particularly benefiting MSMEs during challenging economic times. Exporters and organizations like FIEO are supporting the extension, emphasizing its importance for maintaining competitiveness.
Godavari Biorefineries is investing Rs 130 crore in a new 200 KLPD corn/grain-based distillery to boost ethanol production. The facility, expected to be operational by […]
Gold has outshined the Nifty 50 index, but financial experts advise against chasing its gains. They predict a potential slowdown in gold’s growth and recommend […]
Foreign investors aggressively sold Indian stocks, causing the sensex to plummet by 1,190 points to 79,044. All sensex constituents except SBI closed in the red, […]
