Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/clearing-the-suez-canal-took-days-figuring-out-the-costs-may-take-years-/articleshow/81812405.cmsSynopsis Teams from the German company that hired the crew and a consortium of insurers for the ship’s owner are just starting to investigate
Category: Economy
The stuck container ship on the Suez Canal was a metaphor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-stuck-container-ship-on-the-suez-canal-was-a-metaphor/articleshow/81815390.cmsSynopsis Long-distance supply chains hide costly risks and those risks may help usher in a new stage of global commerce The March 23 grounding
Target inflation? Just smell as sweet–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/target-inflation-just-smell-as-sweet/ET Edit As sweet cometh the hour, cometh the policy, whether clothed as inflation targeting, recession fighting or financial sector stabilising. What the conduct
India’s March trade deficit widens to $14.11 billion – govt – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-march-trade-deficit-widens-to-14-11-billion-govt/articleshow/81848841.cmsSynopsis Merchandise exports rose 58.23% in March from a year earlier to $34 billion, while imports were up 52.89% to $48.12 billion, the data
Exports jump 58.23% to $34 billion in March; 7.4% dip in 2020-21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-58-23-per-cent-to-usd-34-billion-in-march-7-4-per-cent-dip-in-2020-21/articleshow/81851617.cmsSynopsis In March 2020, the exports stood at USD 21.49 billion, which was a decline of about 34 per cent over March 2019 due
What happens when political compulsions come in the way of fiscal prudence? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-what-happens-when-political-compulsions-come-in-the-way-of-fiscal-prudence/articleshow/81855947.cms Synopsis–The action to sharply cut interest returns on State-backed small savings schemes (SSS), and a quick correction to reverse it — in what
India’s March gold imports surge 471% to a record 160 tonnes: Government source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-march-gold-imports-surge-471-to-a-record-160-tonnes-says-government-source/articleshow/81851788.cmsSynopsis Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17% from an all-time high of
American exporters still face significant tariff, non-tariff barriers in India: USTR–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/american-exporters-still-face-significant-tariff-non-tariff-barriers-in-india-ustr/story/435443.html In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said while the Indian government pursued
Government reverses decision to cut small savings rates | Business News,The Indian Express
lipped from: https://indianexpress.com/article/business/interest-rates-small-saving-schemes-nirmala-sitharaman-withdraws-order-7253695/ Finance Minister Nirmala Sitharaman said Thursday morning that the “orders issued by oversight shall be withdrawn”. Union Finance Minister Nirmala Sitharaman (File Photo)
Covid year in review: Four areas where India acquitted itself well during the worldwide pandemic crisis–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/covid-year-in-review-four-areas-where-india-acquitted-itself-well-during-the-worldwide-pandemic-crisis/ At the end of one year since the onset of Covid-19 crisis, India can take pride in its accomplishments in at least four
Navigating the political economy’s pitfalls: No easy options for government after small savings scheme interest rate cut fiasco–TIMES OF INDIA
lipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/navigating-the-political-economys-pitfalls-no-easy-options-for-government-after-small-savings-scheme-interest-rate-cut-fiasco/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
‘Wall Street didn’t build this country’: Joe Biden unveils mega investment plan – Times of India
Clipped from: https://timesofindia.indiatimes.com/world/us/wall-street-didnt-build-this-country-joe-biden-unveils-mega-investment-plan/articleshow/81812962.cms WASHINGTON: President Joe Biden has said his $2 trillion investment proposal, touted as a “once-in-a-generation” plan, would boost the US’s global competitive edge, modernise aging infrastructure and
Is RBI fighting the wrong battle? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/is-rbi-fighting-the-wrong-battle-967411.html Forgotten in this tug of war is the question of whether interest rates really matter under Indian conditions RBI Governor Shaktikanta Das. Credit:
PLI deadline: Device makers likely to knock on PMO door for extension | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-deadline-device-makers-likely-to-knock-on-pmo-door-for-extension-121040100018_1.html The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September The move comes close
Slippery slope | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/slippery-slope-121033101333_1.html Guaranteeing DFI debt will increase systemic risk Parliament has cleared the way for setting up the National Bank for Financing Infrastructure and Development
Inflation targeting has been a success – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/inflation-targeting-has-been-a-success/article34208320.ece This policy has done well to reduce inflation and improve transparency, and the Centre is rightly continuing with it In May 2016, the
Can’t let PLI scheme go bust, nurture it – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rational-expectations-cant-let-pli-scheme-go-bust-nurture-it/2224379/ This includes carrying over FY21’s PLI due to force majeure, allowing Chinese players in & ensuring WTO compatibility Since such localisation targets are
PLI scheme for IT hardware: Deadline to file application extended to April 30 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-scheme-for-it-hardware-deadline-to-file-application-extended-to-april-30/2224259/ The scheme aims at providing incentive of 4% to 1% on net incremental sales over base year (2019-20) to the selected companies. “The
India records 0.2 pc current account deficit in December quarter – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-records-0-2-pc-current-account-deficit-in-december-quarter/2224170/ In the current fiscal, the current account had been in surplus in the previous two quarters, at USD 15.1 billion and USD 19
Why MSMEs are still looking for more government support? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/why-msmes-are-still-looking-for-more-government-support/2223993/ Ease of Doing Business for MSMEs: As the new fiscal begins, MSMEs share their asks from the government to help them get their
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