trade finance

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    Exporters Face Challenges: India Announces Support Measures

    New Delhi, April 2 The government has implemented a series of measures to protect exporters from the impact of the conflict in the Gulf region, a key market for India's exports, including gems and jewellery, rice, and pharmaceuticals, which were valued at approximately USD 57 billion in 2024-25...
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    INR Avenues for Russian Trade Partners Explored

    Mumbai, March 19 The Reserve Bank of India (RBI) is working on providing more avenues for the use of Indian rupees (INR) accumulated by Russian trade partners, a senior official said on Thursday.The central bank is exploring options to either settle Indian rupees held by Russian trade partners...
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    EXIM Bank's Role in Reindustrializing America and Securing Supply Chains

    Washington, March 18 – The United States is repositioning the Export-Import Bank as a “frontline economic tool,” its chief told lawmakers, underscoring a sharper push to bolster American exporters and counter global competition led by China.Testifying before a House subcommittee, EXIM...
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    Banking Challenges Rise Amid West Asia Shipping Disruptions

    New Delhi, March 10 On Tuesday, exporters raised concerns about potential payment delays due to the ongoing West Asia crisis during a meeting with the Department of Financial Services, which assured them that the matter would be looked into, according to FIEO.Delays in shipments due to...
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    Goyal: Government Offers Insurance Support for West Asia Exporters

    New Delhi, March 10 Commerce and Industry Minister Piyush Goyal said on Tuesday that the government is looking to provide assistance to exporters in the form of insurance to help them deal with the ongoing crisis in West Asia.He said an inter-ministerial group is monitoring developments on a...
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    DFC Announces $20 Billion Plan to Stabilize Shipping in the Gulf

    Washington, March 7 – The United States has unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilizing trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance...
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    Supporting E-Commerce Exports with Government Credit Scheme

    New Delhi, March 6 MSMEs with a proven track record of at least six months of exports through postal or courier channels and having inventory in overseas warehouses for e-commerce fulfillment will be eligible for credit assistance under the Rs 25,060 crore Export Promotion Mission, the DGFT said...
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    Bilateral Trade Expansion: India and Canada Commit to USD 50 Billion Goal

    New Delhi, March 2 India and Canada have agreed to expand their bilateral trade to USD 50 billion by 2030, Prime Minister Narendra Modi said on Monday.Bilateral trade between the two countries stood at around USD 8 billion during the January-October period of 2025."We want to take our...
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    India's Export Promotion Mission: Eight Components Set to Launch

    New Delhi, February 12 The commerce ministry is likely to launch eight components of the Rs 25,060-crore Export Promotion Mission, including e-commerce, factoring services, and warehousing, a senior government official said.In November last year, two schemes were approved by the Union Cabinet...
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