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NEW DELHI: Apex exporters' body FIEO sought "drastic" measures from Reserve Bank like directly selling dollars to oil companies, to arrest the weakness in rupee. Instruments like Millennium Bond may be introduced as with ECBs and FCCBs maturing shortly ...
May 24, 2012 at 04:38 | Source: Silicon India
Worrisome with free fall of domestic currency and slowdown in western markets, Indian exporters body, FIEO, is expecting more procedural simplifications in the foreign trade policy (FTP), scheduled for June 5. Rafeeque Ahmed, President, Federation of ...
May 29, 2012 at 06:19 | Source: smetimes.in
Proactive policy initiatives through the forthcoming Foreign Trade Policy and rationalisation of interest rates are the needs of the time that can save the Indian economy from the ongoing crisis, said exporters body Federation of Indian Export ...
May 25, 2012 at 05:48 | Source: smetimes.in
Exporters' body FIEO has called for faster and decisive action on rupee front. "The RBI and government have to take drastic measures to augment dollar supply so that mismatch in demand and supply is addressed. Instruments like RIB or a millennium bond ...
May 23, 2012 at 14:11 | Source: in.com
The country''s apex exporters body Fieo, however, said the continuous fall in the domestic currency would not help exporters much. "Global buyers are putting pressure for more and more discounts. They are asking for about 10-15 per cent. They want to re ...
May 21, 2012 at 13:38 | Source: MSN India
New Delhi,May 23 : Expressing alarm over depreciation of rupee having crossed the Rs 56 mark to the US dollar, India's leading body of exporters, FIEO, today urged the Union government and Reserve Bank to act immediately to protect exporters, especially ...
May 24, 2012 at 06:18 | Source: New Kerala
"The excitement of the depreciating rupee is shortlived, because buyers have started pressurising us to offer maximum discounts on exports," Ajay Sahai, director-general of the Federation of Indian Export Organisations (Fieo), said. "The falling rupee is ...
May 24, 2012 at 08:48 | Source: in.news.yahoo.com
Sakthivel has asked the minister to give 2 percent interest subsidy to the garment sector. Apex exporters body FIEO has asked for further simplification of procedures to reduce transactions cost. "Over the year the government has taken various initiatives ...
May 29, 2012 at 13:50 | Source: zeenews.india.com
Exporters' body FIEO has called for faster and decisive action on rupee front. "The RBI and government have to take drastic measures to augment dollar supply so that mismatch in demand and supply is addressed. Instruments like RIB or a millennium bond ...
May 23, 2012 at 13:43 | Source: Outlook India
They are asking for about 10-15 per cent. They want to re-negotiate the deals,” Director-General of FIEO Ajay Sahai said. The Associated Chambers of Commerce and Industry of India (Assocham) said this was a “serious” situation as it would further ...
May 21, 2012 at 17:56 | Source: The Hindu