International News
Exporter Mentorship Programme highlights export finance & risk mitigation
GJEPC successfully conducted the 9th session of its Exporter Mentorship Programme (EMP) on 13th February 2025. The session, led by Mr. Amit Mulani, Owner of Atlantico International, an international trade advisor, provided aspiring exporters with crucial insights into international trade in gems and jewellery.
Participants gained valuable knowledge on pre-export and post-export financing, export credit insurance, and risk mitigation strategies. The session covered advance payment methods, direct finance, bill discounting, and export credit insurance, along with hedging strategies for exchange rate fluctuations.
A key focus was on the risk covered by the Export Credit Guarantee Corporation of India (ECGC) in supporting exporters. ECGC, a government-owned entity, provides export credit insurance to safeguard businesses against payment defaults, country risks, and currency fluctuations. The session highlighted various ECGC policies available to exporters and how they help mitigate financial uncertainties in global trade.
International News
US Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
While Overall Buying Power Remains High, Ongoing Inflation and Rising Household Costs Mean Some Families Will Have To Watch Their Spending More Carefully Than Others
The National Retail Federation (NRF) predicts Americans will spend $1.01 trillion on holiday shopping in November and December. That is a 4.2% jump from $972 billion last year.
NRF said its forecast was based on economic modeling that incorporates consumer spending, employment, wages and ​historical retail sales data. It excludes automobile, gasoline and ​restaurant sales
​Extra Hiring: To handle the surge in shoppers, stores plan to hire 325,000 to 375,000 temporary holiday workers.
​Mixed Budget Impact: Higher gas prices and inflation could still strain some family budgets, affecting low- and high-income shoppers differently.
​Retailers expect a strong shopping season because people continue to make holiday spending a priority.
Store owners are ready to attract shoppers by offering competitive prices, deals, and choices for every budget.
While overall buying power remains high, ongoing inflation and rising household costs mean some families will have to watch their spending more carefully than others.
Belgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
Limelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
Joyalukkas Opens Its 2nd Bengaluru Showroom in Jayanagar
US Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
Belgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
Limelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
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International News24 hours agoUS Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
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National News17 hours agoBelgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
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National News18 hours agoLimelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
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New Premises19 hours agoJoyalukkas Opens Its 2nd Bengaluru Showroom in Jayanagar
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