https://www.thehindubusinessline.com/opinion/brics-a-rising-economic-force/article67228110.ece Clipped from: https://www.thehindubusinessline.com/opinion/brics-a-rising-economic-force/article67228110.ece World economic power equations have changed. BRICS has emerged as the most powerful bloc since 2020 The reorientation of economic prowess across
Category: EXIM
Outward remittances under RBI’s LRS rise 50% to $9.1 billion in Q1
https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html Clipped from: https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in
For a country which wants to lead in exports, you need follow global best practices: David Ward of Global NCAP – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/for-a-country-which-wants-to-lead-in-exports-you-need-follow-global-best-practices-david-ward-of-global-ncap/article67224033.ece Clipped from: https://www.thehindubusinessline.com/news/for-a-country-which-wants-to-lead-in-exports-you-need-follow-global-best-practices-david-ward-of-global-ncap/article67224033.ece The Indian consumer market is very sophisticated… you have all the ingredients to spread messages quickly, and that is why you saw
India’s restrictive trade policy is working great, but for Vietnam
https://www.business-standard.com/india-news/india-s-restrictive-trade-policy-is-working-great-but-for-vietnam-123082100074_1.html Clipped from: https://www.business-standard.com/india-news/india-s-restrictive-trade-policy-is-working-great-but-for-vietnam-123082100074_1.html One way to think about this is that India is first damaging its competitiveness, and then compensating firms to set up factories
Computer import curbs not part of FTP Principles of Restrictions
https://www.business-standard.com/opinion/columns/computer-import-curbs-not-part-of-ftp-principles-of-restrictions-123082000605_1.html The duty rates on computer software and hardware were cut to zero after India became a signatory to the Information Technology Agreements (ITA-1 and
Does Brics exist only because a good acronym cannot be allowed to die?
https://www.business-standard.com/opinion/columns/does-brics-exist-only-because-a-good-acronym-cannot-be-allowed-to-die-123081800644_1.html There is nothing like a good acronym to give currency to a dodgy idea, and so it has been with Brics. Coined by economists
👍China is slowing. What does it mean for India?
https://www.thehindubusinessline.com/blexplainer/china-is-slowing-what-does-it-mean-for-india/article67209252.ece Chinese investors and households are cutting back on spending, leading to a deflationary situation | Photo Credit: THOMAS PETER What are the latest numbers
Rupee ends at record closing low as US Treasury yields hit 15-year high
https://www.business-standard.com/finance/news/rupee-falls-to-near-10-month-intraday-low-in-early-trade-appreciates-later-123081700226_1.html excerpts The rupee hit an all-time closing low and the yield on the benchmark 10-year Indian government bond rose to a four-month high on
💐Exports to UK holding up among top 10 destinations of Indian exports
https://www.business-standard.com/economy/news/exports-to-uk-holding-up-among-top-10-destinations-of-indian-exports-123081600764_1.html Among India’s top 10 export destinations, India’s merchandise exports in the first four months (April-July) of 2023-24 expanded only to the United Kingdom (UK)
Protectionist backsliding: Don’t forget that India’s licence raj started with good intentions but soon paved the road to economic hell
https://www.financialexpress.com/opinion/protectionist-backsliding-dont-forget-that-indias-licence-raj-started-with-good-intentions-but-soon-paved-the-road-to-economic-hell/3210617/ Just four years after India’s independence, Gulzarilal Nanda, then minister for planning, had declared in Parliament that “there should be absolutely no apprehension that
Goods exports fall 16% in July, imports shrink 17%
https://www.financialexpress.com/economy/goods-exports-fall-16-in-july-imports-shrink-17/3210666/ India’s merchandise exports declined for the sixth straight month in July with outbound shipments down 15.9% on year $ 32.25 billion. The decline in
Ahead of I-Day, optimism, but concerns abound
https://www.business-standard.com/opinion/columns/disclosure-requirements-of-data-law-may-create-woes-of-genai-models-123081300471_1.html One of our major achievements is self sufficiency in food grain production, thanks to the green revolution of the early seventies. Now, we not
India-Australia trade pact utilisation at average 90% in first six months
https://www.business-standard.com/economy/news/india-australia-trade-pact-sees-90-utilisation-rate-in-first-six-months-123081300397_1.html excerpts The utilisation rate of the India-Australia trade pact is estimated at an average of 90 per cent during the first six-months since implementation
Establishing an international currency requires stability, acceptance and widespread use.
https://www.thehindubusinessline.com/opinion/path-to-a-brics-currency-is-challenging/article67177273.ece BRICS, comprising Brazil, Russia, India, China and South Africa, was envisioned as a powerful economic grouping but has faced challenges in forming an effective
Worried over rising wheat prices, Govt to sell 50 lakh tonnes in open market
https://www.thehindubusinessline.com/economy/agri-business/worried-over-rising-wheat-prices-govt-to-sell-50-lakh-tonnes-in-open-market/article67176955.ece Worried over the ₹118/quintal surge in the selling price of wheat within a span of 43 days since the open market sale scheme (OMSS)
Rising pace of exports led to ban on export of white rice, says Centre
https://www.thehindubusinessline.com/economy/agri-business/rising-pace-of-exports-led-to-ban-on-export-of-white-rice-says-centre/article67175966.ece Explaining the reasons behind the ban on the export of non-Basmati white (raw) rice from July 20, the Centre has said the export of
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