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CCEA announces relief to exporters affected due to rupee appreciation



New Delhi, Feb 21 : The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for providing immediate relief to exporters by way of providing interest subvention to mitigate hardships on account of unanticipated and steep rupee appreciation.

The measure will ensure mitigation of the effect of rupee appreciation across the export sectors and will make them internationally competitive and will also enable them to achieve export targets.

ANI

Question Sonia in Bofors case: Fernandes

New Delhi, Feb 26:  Describing the recovery agents employed by the Multinational Banks (MNBs) as thugs, hooligans and gangsters, the Supreme Court today held that this country is governed by the ''rule of law'' and the banks cannot employ goondas to take possession of property or vehicles by force.A bench comprising Justices A R Laxmanan and Altamas Kabir, while disposing of the petition of 75-year-old widow Prakash Kaur from Kanpur, described these recovery agents as modern day Shylocks who.....
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