Month: April 2023
👍👍👍Government vows swifter nod for exporters – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/commerce-ministry-unveils-foreign-trade-policy-2023-exports-to-grow-over-70-in-2022-23/article66682615.ece New foreign trade policy aims at tripling goods and services exports by 2030; apart from a one-time amnesty, no major schemes announced Union Commerce
👍India and Malaysia announce trade in Indian Rupees – The Hindu
Clipped from: https://www.thehindu.com/news/national/india-and-malaysia-announce-trade-in-indian-rupees/article66687080.ece The announcement came in the backdrop of ongoing official efforts to Safeguard Indian trade from the impact of Ukraine crisis. India and Malaysia
👍👍👍Russian Oil: Why is India so thirsty for Russian oil? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/why-is-india-so-thirsty-for-russian-oil/articleshow/99150216.cms Synopsis New Delhi has resisted Western pressure to freeze out Moscow, opting instead to strengthen trade ties with its long-standing ally — with
👍👍👍New FTP draws mixed response from industry stakeholders; experts call for continuous action to reflect trade trends – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/new-ftp-draws-mixed-response-from-industry-stakeholders-experts-call-for-continuous-action-to-reflect-trade-trends/articleshow/99142888.cms Synopsis The country is likely to end this financial year with total exports of $760 billion compared to $676 billion in FY 22.
👍👍👍Boost to ‘merchanting trade’, Re settlement in new foreign trade policy | The Financial Express
Clipped from: https://www.financialexpress.com/economy/boost-to-merchanting-trade-re-settlement-in-new-foreign-trade-policy/3029318/ The government on Friday unveiled the new foreign trade policy (FTP) 2023, moving away from incentives to a remission- and entitlement-based regime, even
Behind rising manufacturing employment | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/behind-rising-manufacturing-employment/3029195/ Enterprises with 10+ workers had a higher rate of employment growth in 2020-21 and 2021-22 than own-account enterprises. So, factors other than distress—very
👍Why you should still invest in Public Provident Fund (PPF): 5 reasons | The Financial Express
lipped from: https://www.financialexpress.com/money/why-you-should-still-invest-in-public-provident-fund-ppf-5-reasons/3029476/ PPF investment: There are various reasons why investors should continue to park their savings in the PPF account Here’s why you should continue
👍👍👍NCLAT ruling confirms provisional penalty imposed on Google is final – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/nclat-ruling-confirms-provisional-penalty-imposed-on-google-is-final/article66683484.ece NCLAT strikes down the word ‘provisional’ used in imposition of penalty in the CCI order In what is seen as a big relief
👍👍👍Srei insolvency: Section 10A not applicable as defaults continued beyond moratorium period, argues Solicitor General of India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/srei-insolvency-section-10a-not-applicable-as-defaults-continued-beyond-moratorium-period-argues-solicitor-general-of-india/article66683487.ece Arguing against the very question of maintainability of application filed by erstwhile promoters of Srei group under Section 10A of IBC (Insolvency and Bankruptcy Code),
🙏🙏🙏India’s new FTP to boost exports to $2 trillion by 2030 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-new-ftp-to-boost-exports-to-2-trillion-by-2030/article66683931.ece With no expiry date, policy to ensure continuity; spotlight on MSMEs, e-commerce, district export hubs, amnesty scheme (From left) Minister of State Anupriya
👍Interest rate reduction on CGTMSE loans will spur entrepreneurship: Tiruppur Exporters’ Association – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rate-reduction-on-cgtmse-loans-will-spur-entrepreneurship-tiruppur-exporters-association/article66683731.ece Ceiling limit for guarantees has also been enhanced to ₹5 crore from ₹2 crore, earlier The Centre’s move in reducing interest rates on
🙏🙏🙏🙏🙏Non-food bank credit growth at 15.9% in Feb led by services, personal loans: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/non-food-bank-credit-growth-at-159-in-feb-led-by-services-personal-loans-rbi/article66684320.ece The rise was lower than the 16.7 per cent year- on-year growth seen in January, as per data released by the Reserve Bank
👍👍👍NCLAT raps Google, but not hard enough – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/nclat-has-rapped-google-but-not-hard-enough/article66684025.ece NCLAT has set aside CCI’s four critical directions which would have given the Indian start-up ecosystem a level playing field On the face
🙏Uncertainty looms as mandatory hallmarking for gold with unique ID comes into force – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/gold/uncertainty-looms-as-mandatory-hallmarking-for-gold-with-unique-id-comes-into-force/article66684267.ece Jewellers gear up but fear the rollout could be difficult as only 1/3rd of 773 districts in the country have assaying and hallmarking
🙏Challenging days ahead for stock broking business – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/challenging-days-ahead-for-stock-broking-business/article66684318.ece ASBA in secondary market, hike in STT for derivatives may impact trading volume Gone are the days when holding a membership of a
Foreign Trade Policy (FTP) 2023 Highlights – The Hindu BusinessLine
FTP HighlightsFour new towns of export excellence declaredContinuation of export promotion schemesReduction in user charges for MSMEs under EPCG/AA schemesRationalisation of status holder export thresholds
CAD declines to $18 billion in Q3 from $30.9 billion in Q2, $22 billion a year ago – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cad-declines-to-18-billion-in-q3-from-309-billion-in-q2-22-billion-a-year-ago/article66684730.ece The Q3 CAD was equivalent to 2.2 per cent of India’s GDP as against 3.7 per cent in the previous quarter and 2.7 per cent in the
Govt proposes FTP benefits, dedicated zones to boost e-commerce exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-proposes-ftp-benefits-dedicated-zones-to-boost-e-commerce-exports/article66684712.ece The government has proposed to boost e-commerce exports, which may touch an estimated $200-300 billion by 2030 from $5-10 billion at present, by extending Foreign Trade
👍Broker’s Call: ICICI Lombard (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-icici-lombard-buy/article66684827.ece Target: ₹1,490 CMP: ₹1,069.45 ICICI Lombard General Insurance Company has hosted its Analyst Day 2023 (Powering Experience with Technology) on March 28, 2023,
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