by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“ Export Credit Guarantee Corporation of India (ECGC) currently provides 90 per cent insurance cover for exporters with a credit limit of up to Rs 50 crore. This coverage could be extended to Rs 100 crore, and more banks could be brought into the fold to ensure...
by AIP Online Bureau | Jan 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
The commerce ministry has also set up an internal strategic group, comprising additional secretaries of the ministry, to discuss global issues impacting the country’s trade on a daily basis and prepare a strategy so that India’s response can be quick and...
by AIP Online Bureau | Oct 8, 2023 | Indian News, Non-Life, Policy, Reinsurance, Risk Management
”For merchandise exports of India, the war may lead to higher insurance premiums and shipping costs. India’s ECGC may charge higher risk premiums from Indian firms exporting to Israel,” think tank Global Trade Research Initiative (GTRI) said on...
by AIP Online Bureau | Jun 24, 2023 | Eco/Invest/Demography, Indian News, Non-Life
Piyush Goyal,Commerce and Industry Minister Commerce and Industry Minister Piyush Goyal added that in the next four months, all procedures at the company would be made completely digital and grievance redressal mechanism to be implemented over video conference ECGC...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life
“ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,”said PHDCCI President, Saket Dalmia New Delhi: A number of...
