On December 31 2020, the newsrack service will be shut down permanently.

It has been a nice long run from the Sarai days in 2004 to being hosted on its own domain around 2006. Beside maintenance, there has been no real active development on the code or the features since early 2008. Since 2015, even all that maintenance was pretty bare bones. A lot of news sources no longer provide reliable RSS feeds and since mid 2018, there were growing issues with the service and I only kept it alive to assist a handful of users.

So, it is time to shut this down. The internet world in 2020 is vastly differently from 2003 when I first conceptualized this service. Thanks for using this all these years.

If you need to access any data, email me: subbu at newsrack.in

 
User: ifinews Topic: IFIs
Category: ECAs :: Indian ECAs
Last updated: Dec 14 2018 15:23 IST RSS 2.0
 
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Fiscal impact of stimulus to be 0.25-0.6% of GDP 15.11.2020 Rediff: Business
Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
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Anil Ambani tells his side of the story to UK court 26.9.2020 Rediff: Business
Asked about his fleet of luxury cars and other references to his lavish lifestyle as the counsel for the banks cross-examined him, the Reliance Communications chief dismissed them as "speculative" media stories.
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More bad news for India's manufacturing sector 17.9.2020 Rediff: Business
Exim Bank pointed out that recent performance of the manufacturing sector in India is indicative of an underlying inertia.
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Chinese banks may get Rs 7K cr from Anil Ambani firms 21.8.2020 Rediff: Business
Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.
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COVID-19 caused huge demand destruction overseas: Bankers 5.7.2020 The Assam Tribune
COVID-19 caused huge demand destruction overseas: Bankers
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Highlights of RBI guv Shaktikanta Das's announcements 22.5.2020 Rediff: Business
These are the highlights of RBI Governor Shaktikanta Das's statement and resolution of the Monetary Policy Committee (MPC):
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BHEL secures order for hydroelectric project in Nepal 3.2.2020 Projects Monitor

Bharat Heavy Electricals (BHEL) has secured order for the electro mechanical (EM) works for 40 MW Rahughat Hydroelectric Project in Nepal. The order has been placed on BHEL by the Raghuganga Hydropower (RGHPL), a company 100 percent owned by the Nepal Electricity Authority (NEA), the sole public power utility in Nepal and owned by the […]

The post BHEL secures order for hydroelectric project in Nepal appeared first on India's first NewsPortal on Projects.

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Govt to provide high insurance cover for exporters 1.2.2020 Rediff: Business
Under the scheme, also called the Export Credit Insurance Scheme, the insurance guaranteed could cover up to 90 per cent of the principal and interest.
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Export Strategy 29.1.2020 Central Chronicle
A decade back due to prolonged global recession and Greece bankruptcy the turmoil in Euro nations has affected the Indian export trade very adversely. Almost same situation prevailed in all other nations also. The European nations all engaged themselves to save the Greece one of the Euro country. Despite all such economic jerks the renowned Economist Prime Minister of India Mr.Manmohan Singh and his Finance Minister Mr.Pranab Mukherjee fortified the Indian economy to minimum impact of that situation. Our internal economy was able to sustain itself on those adverse global condition. But export is a external factor based in the imports of other countries from India. Due to Greece and Euro crisis our exports declined sharply and we are still feeling the aftermath of it. But now our experts are picking fast Union Commerce Minister Mr.Suresh Prabhu has taken up the task of increasing the exports and his ministry will soon finalize a comprehensive export strategy that will increase exports by 100 billion ...
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Export Strategy 26.1.2020 Central Chronicle
A decade back due to prolonged global recession and Greece bankruptcy the turmoil in Euro nations has affected the Indian export trade very adversely. Almost same situation prevailed in all other nations also. The European nations all engaged themselves to save the Greece one of the Euro country. Despite all such economic jerks the renowned Economist Prime Minister of India Mr.Manmohan Singh and his Finance Minister Mr.Pranab Mukherjee fortified the Indian economy to minimum impact of that situation. Our internal economy was able to sustain itself on those adverse global condition. But export is a external factor based in the imports of other countries from India. Due to Greece and Euro crisis our exports declined sharply and we are still feeling the aftermath of it. But now our experts are picking fast Union Commerce Minister Mr.Suresh Prabhu has taken up the task of increasing the exports and his ministry will soon finalize a comprehensive export strategy that will increase exports by 100 billion ...
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India's merchandise exports to grow at 12.3 pc in Q2: Exim Bank 11.1.2020 Central Chronicle
New Delhi, India's merchandise exports would grow at a rate of 12.3 per cent during July-September 2018, compared to the corresponding period of the previous year, the Exim Bank forecast on Wednesday. The non-oil exports of the country would increase at 12.4 per cent during the second quarter of the current financial year, the Export-Import Bank of India said here. The bank said its Export Leading Index (ELI) are continued to show a positive growth momentum, which indicates that India's total merchandise exports and non-oil exports would increase. The Exim Bank has developed an in-house model to generate an ELI for India to track and forecast the movement in its exports on a quarterly basis. The ELI gauges the outlook for the country's exports and is essentially developed as a leading indicator to forecast growth in total merchandise and non-oil exports of the country, on a quarterly basis, based on several external and domestic factors that could impact exports of the ...
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Export Strategy 11.1.2020 Central Chronicle
A decade back due to prolonged global recession and Greece bankruptcy the turmoil in Euro nations has affected the Indian export trade very adversely. Almost same situation prevailed in all other nations also. The European nations all engaged themselves to save the Greece one of the Euro country. Despite all such economic jerks the renowned Economist Prime Minister of India Mr.Manmohan Singh and his Finance Minister Mr.Pranab Mukherjee fortified the Indian economy to minimum impact of that situation. Our internal economy was able to sustain itself on those adverse global condition. But export is a external factor based in the imports of other countries from India. Due to Greece and Euro crisis our exports declined sharply and we are still feeling the aftermath of it. But now our experts are picking fast Union Commerce Minister Mr.Suresh Prabhu has taken up the task of increasing the exports and his ministry will soon finalize a comprehensive export strategy that will increase exports by 100 billion ...
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Govt taking steps helping India to inch up its ease of doing business ranking 24.12.2019 Central Chronicle
New Delhi, India has recorded continuous improvement in its ease of doing business ranking issued by the World Bank on account of steps taken by the government in this regard including new Export Credit Insurance Scheme for exporters, National Logistics Policy and Startup India Initiative among others. India ranks 63rd among 190 countries improving by […]
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Kirloskar Oil Engines awarded CII EXIM Bank Award for Business Excellence 2019 28.11.2019 Projects Monitor

Kirloskar Oil Engines Limited (KOEL) was declared ‘AWARD’ Winner of the CII EXIM Bank Award for Business Excellence 2019, becoming the first Diesel Engines / Gensets Company to win this prestigious award. The award acknowledges excellence in Total Quality Management in the following areas: Leadership, strategy, people, partnerships, customer-driven processes, performance in creating value for […]

The post Kirloskar Oil Engines awarded CII EXIM Bank Award for Business Excellence 2019 appeared first on India's first NewsPortal on Projects.

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Centre announces Rs 20,000 cr support for stuck housing projects 16.9.2019 Projects Monitor

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman announced various incentives for affordable and middle-class housing. An announcement was made for a special window to provide last-mile funding for housing projects with a fund of Rs 20,000 crore. Such a special window will provide last mile funding for housing projects which are non-NPA and […]

The post Centre announces Rs 20,000 cr support for stuck housing projects appeared first on India's first NewsPortal on Projects.

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9th Session of India-Kenya Joint Trade Committee Held in New Delhi 21.8.2019 Govt of india: PIB
The 9thSession of the India-Kenya Joint Trade Committee (JTC) was held on 19th – 20th August 2019 in New Delhi. The Indian delegation was led by Union Minister of Commerce & Industry and Railways, Piyush Goyal.
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Risk of Non-Realisation of Export Proceeds 3.7.2019 Govt of india: PIB
The Central Government has an undertaking known as “ECGC Limited” under the control of Department of Commerce, Ministry of Commerce & Industry, to support the Indian exporters and bankers by providing cost-effective insurance and trade related services against the risk of non-realisation of export proceeds.
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Complaints of Exporters 3.7.2019 Govt of india: PIB
The Government has approved the recapitalization of the Export-Import Bank of India (Exim Bank). The Government of India will issue Recapitalization Bonds to the tune of Rs. 6,000 crore for capital infusion in the Bank.
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UNDP consultation on social entrepreneurship 21.6.2019 The Assam Tribune
UNDP consultation on social entrepreneurship
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RBI asked to look into possibility of providing $ 25 billion as export credit 8.6.2019 Sify Finance
In a bid to lower finance cost, Union Minister Piyush Goyal on Friday said the Reserve Bank of India has been asked to study the possibility of providing $25 billion line of credit for exporters.
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