Piyush Goyal asks Textile industry to aim to increase textiles exports three times from present export value of 33 billion dollar to 100 billion dollar

September 3, 2021 5:20 PM

Piyush Goyal asks Textile industry to aim to increase textiles exports three times from present export value of 33 billion dollar to 100 billion dollar

Textiles Minister Piyush Goyal has asked the Textile industry to aim to increase textiles exports three times from present export value of 33 billion dollar to 100 billion dollar at the earliest. Interacting with the leaders of Textile Industry in New Delhi on Friday, Mr. Goyal said, we must all collectively resolve to reach the target of 44 billion dollar of exports in 2021-22 for Textiles and Apparel including Handicrafts. He said that his Ministry is working closely with Ministry of Finance t...

Rupee up by 17 paise to close at Rs 68.80 against dollar

July 19, 2019 6:51 PM

Rupee up by 17 paise to close at Rs 68.80 against dollar

The rupee snapped its three-day losing streak to close 17 paise higher at 68 rupees and 80 paise against the US dollar as market participants pinned their hopes on an aggressive rate cut by the US Federal Reserve later this month. Forex traders said the rupee along with most Asian currencies strengthened following dovish comments from New York Fed officials, offsetting the impact of soaring crude oil prices amid fresh geopolitical tensions in West Asia.

Rupee settles 23 paise higher at Rs 69.35 to dollar

June 24, 2019 7:36 PM

Rupee settles 23 paise higher at Rs 69.35 to dollar

After opening on a weak note, the rupee today recovered the lost ground and finally settled 23 paise higher at 69 rupees and 35 paise to the US dollar amid weakening of the greenback against major currencies. At the interbank foreign exchange (forex), the domestic currency witnessed heavy volatility.