Commerce Ministry may seek five-year extension of interest equalisation scheme for exporters

[ad_1] The Commerce Ministry is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments, an official has said.Also read:100-day plan: Commerce Department...

Indian coffee exports top ₹10,000 crore in FY24 on soaring robusta prices

[ad_1] Thanks to the surging trend in global Robusta prices, India’s coffee exports for the financial year ending March 2024 touched a new high in value terms. Also read:Indian coffee exporters fear robusta price rally could lead to flight of...

Grapes exports will likely rise 10% this year despite high freight costs

[ad_1] India’s fresh grape exports are seen rising by over a tenth in the 2023-24 season on strong demand from Europe, its main market. The increase in shipments is notwithstanding the higher freight costs, which have more than doubled to...