Exporters requested a ₹750-crore marketing fund over three years to leverage a $25-billion export potential in the US, and a higher cap for interest subvention under export promotion schemes. They sought support amid declining goods exports and aimed to capitalize on opportunities from potential high US tariffs on Chinese goods.
Rupee ends at 87.01 vs US dollar, gains 20p from previous close
India’s rupee strengthened by 20 paise against the US dollar, closing at 87.01 following positive retail inflation data. February’s CPI reduced to 3.61% from January’s