New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other policies and procedures, and it has not been identified as a nodal bank for the purpose.

New Delhi [India], September 15 (ANI): India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesday.

Mumbai (Maharashtra) [India], August 10 (ANI/PNN): Jogani Group, a diversified conglomerate and a pioneer in all types of reinforcement fibres and fabrics, is celebrating the upcoming 75th Independence Day in a novel way by committing to 75 innovations in the next five years.

Chennai Mar 18 PTI Welfare measures announced in the Tamil Nadu Budget presented by the Finance Minister of the State Palanivel Thiaga Rajan would help in its overall economic development an official of the Federation of Indian Export Organisations southern region FIEO-SR said on Friday FIEO-SR president A Sakthivel said the budget was futuristic with long-term vision of Chief Minister M K Stalin to reach USD 100 billion by 2030 The budget will help in creating a large number of job opportunities by attracting new investments and encouraging existing entrepreneurs to do more he said in a press release He congratulated the Chief Minister for steering the State through the path of progress irrespective of the challenges posed by Covid-19 pandemic The Naan Mudhalvan Scheme envisaged by the Chief Minister will help industry to get right kind of talent pool for enabling industries to absorb the talents he said The proposed policy to strengthen the leather and footwear sector would also generate employment opportunities besides boosting exports he said While presenting the budget Rajan said a new footwear and leather industry development policy would be released to promote these employment-intensive sectors PTI VIJ NVG NVG

New Delhi [India], February 2 (ANI): India's merchandise export in January 2022 grew to USD 34.06 billion registering a 23.69 per cent growth over the USD 27.54 billion of merchandise shipments in January 2021, pushed by robust performance by engineering, petroleum as well as gems and jewellery sectors.