Clipped from: https://www.thehindubusinessline.com/opinion/editorial/game-on/article65296537.ece **EDS: IMAGE POSTED BY @PiyushGoyal ON WEDNESDAY, APRIL 6, 2022** Melbourne: Union Commerce and Industry Minister Piyush Goyal addresses a gathering at the
Category: EXIM
*Can India sustain its export growth? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/can-india-sustain-its-export-growth/article65294535.ece Choppy waters Exports have been growing recently but the outlook remains uncertain RAJESH N RAJESH N Choppy waters Exports have been growing recently
*Wheat exports hit record 7.85 million tonnes in FY22, say traders | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-exports-hit-record-7-85-million-tonnes-in-fy22-say-traders-122040501484_1.html India achieved its target of exporting 7 mt of wheat on March 21, according to the Indian government, which is yet to issue
*Explain Speaking: How is India’s exchange rate related to its current account deficit, forex reserves, and balance of payment? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-exchange-rate-current-account-deficit-forex-balance-of-payment-7851688/ Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance
*Implications of short-term gain of cheap Russia oil must be weighed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/implications-of-short-term-gain-of-cheap-russia-oil-must-be-weighed-122040300985_1.html So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances Last
*Exports rise 40% to touch $418 bn in FY22, surpass govt target by 5% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-rise-40-to-touch-418-bn-in-fy22-surpass-govt-target-by-5-122040300599_1.html The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products The value of goods exported from
*****PLI scheme: Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-mulls-modifications-in-pli-scheme-for-speciality-steel-extends-last-date-for-application-till-april-30/articleshow/90621192.cms Synopsis On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to
*****Current account deficit widens to 9-year high of $23 billion in Q3 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/current-account-deficit-widens-to-9-year-high-of-23-billion-in-q3/article65283006.ece As a percentage of GDP, the current account deficit was at 2.7 per cent during the October-December quarter of FY22 The country’s current
*****Opening up procurement | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/opening-up-procurement-122033101558_1.html UAE trade agreement took a welcome new direction As the Union Ministry of Commerce negotiates a slew of intermediate or “early harvest” trade
*****Testing times for PLI schemes: Covid-related delays put firms in pressure | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/testing-times-for-pli-schemes-covid-related-delays-put-firms-in-pressure-122040101519_1.html Companies have petitioned the government to double the incentive from 2.5 per cent to 5 per cent and extend the tenure This year,
What is Current Account Deficit?–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/everyday-explainers/explained-what-current-account-deficit-widened-q3-last-fy-7848400/ The widening of CAD in Q3 of 2021-22 was mainly on account of higher trade deficit, according to the Reserve Bank of India.
rbi: Exporters to Russia seek Centre, RBI’s help to clear stuck payments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-to-russia-seek-centre-rbis-help-to-clear-stuck-payments/articleshow/90580012.cms Synopsis The disruption to Indian companies’ cash flows could have a ripple effect with them delaying payments to workers and suppliers and possibly
A big milestone: Sustaining the export growth requires policy thrust to enhance competitiveness | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-big-milestone-sustaining-the-export-growth-requires-policy-thrust-to-enhance-competitiveness/2471065/ As commerce minister Piyush Goyal said, it was a result of detailed strategy, with the department of commerce disaggregating the $400 billion target
War, wheat and eggs give India a recipe for export victory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/war-wheat-and-eggs-give-india-a-recipe-for-export-victory/articleshow/90366814.cms SynopsisThe warring countries, Russia and Ukraine, are the world’s leading producer and exporter of wheat and other agri commodities. As their supply lines
Heartening milestone: The Hindu Editorial on India’s overseas shipments record – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/heartening-milestone-the-hindu-editorial-on-indias-overseas-shipments-record/article65260153.ece?homepage=true Beyond stopgap measures such as enabling rupee-rouble trade, India must expedite FTAs Beyond stopgap measures such as enabling rupee-rouble trade, India must expedite
india export: Exports of $400 billion may help India break into top 15 in global merchandise export ranking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-of-400-billion-may-help-india-break-into-top-15-in-global-merchandise-export-ranking/articleshow/90433064.cms Story outline India was seen to be exporting more of high-value and value-added products in this fiscal. It is expected that exports will
‘PLI schemes must be studied more closely’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/pli-schemes-must-be-studied-more-closely/article65257213.ece Raghuram Rajan, Former RBI Governor, delivering a lecture in Chennai on Thursday Bijoy Ghosh BIJOY GHOSH | Photo Credit: Bijoy Ghosh Raghuram Rajansays
Govt targets 12 mt wheat export in FY23 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/govt-targets-12-mt-wheat-export-in-fy23/article65257162.ece The Centre has set a target to export at least a million tonnes (mt) of wheat every month in 2022-23 as it wants
Beyond $400 billion | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/beyond-400-billion-122032401495_1.html Exports need policy support The ongoing export boom has enabled India to attain the $400 billion target set for the current fiscal year.
US recovery helped India achieve the $400-billion mark for exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/us-recovery-helped-india-achieve-the-400-billion-mark-for-exports-122032500006_1.html During the first 11 months of the fiscal year, outbound shipments to China grew at 7 per cent, with shipments valued at $19.8
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