Clipped from: https://www.financialexpress.com/opinion/geopolitical-risks-overdone-rbis-fx-reserves-will-shield-bop-from-any-oil-shock-due-to-rising-geopolitical-tensions/2442956/ The govt will have to cut oil taxes to contain inflation at a time when consumption demand is already weak We also posit
Category: EXIM
ECGC withdraws coverage for shipments to Russia; huge setback for exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ecgc-withdraws-coverage-for-shipments-to-russia-huge-setback-for-exporters/articleshow/89846333.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis ECGC in a communication said “based on the near-term commercial outlook, it has been decided to modify the country risk classification of
Pharma exporters feel the pinch – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/pharma-exporters-feel-the-pinch/article65082160.ece KARNATAKA : BENGALURU : 28/01/2022 : BBMP Health worker vaccinating for COVID-19 at Shivajinagar Health worker in Bengaluru on Friday 28 January 2022.
Russia, Ukraine crisis might give India opportunity to export more wheat – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/russia-ukraine-crisis-might-give-india-opportunity-to-export-more-wheat/articleshow/89817349.cms Synopsis More than a quarter of the world’s wheat export comes from Russia and Ukraine. Russia is the world’s largest exporter of wheat,
It’s time India realises the economic perils of rising protectionism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-its-time-india-realises-the-economic-perils-of-rising-protectionism/articleshow/89757084.cms Synopsis Aatmanirbhar rests on two pillars: a production-linked incentive (PLI) for 14 selected industries, and a phased manufacturing programme (PMP) that raises import
Looking outward, again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/looking-outward-again/article65075529.ece The trade and investment pact with UAE signals the welcome return of FTAs in trade policy India’s free trade pact with the United
Anti-dumping rejections due to public interest: CBIC chairman Vivek Johri | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/anti-dumping-rejections-due-to-public-interest-cbic-chairman-vivek-johri-122022100012_1.html Differences over data interpretation another key factor, says CBIC chairman The finance ministry has cited public interest and differences over data interpretation for
Amend clause on criminalising customs data publication – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/amend-clause-on-criminalising-customs-data-publication/article65002173.ece Ambiguity needs to be removed so that analysing data from various sources is not hindered A six-month imprisonment is no trivial matter. More
Multidimensional approach key for India to achieve $1 trn exports by 2030: CII – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/multidimensional-approach-key-for-india-to-achieve-1-trn-exports-by-2030-cii/articleshow/89545720.cms Synopsis “With a holistic and aggressive approach, the aim to achieve USD 1 trillion in merchandise exports by 2030 is indeed achievable if
Reducing edible oil imports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reducing-edible-oil-imports-122020802054_1.html India needs a stable policy framework Just days after Union Finance Minister Nirmala Sitharaman spoke in her Budget speech about boosting the output
container shortage: Global container shortage ‘will remain a persistent problem’: Economic Survey 2021-22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-container-shortage-will-remain-a-persistent-problem-economic-survey-2021-22/articleshow/89242862.cmsSynopsis The survey adds that the production of the new containers has slowed since 2019. The supply chain bottleneck in the form of shipping container
Budget 2022 will be MSME and Export Oriented: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2022-will-be-msme-and-export-oriented-fieo/articleshow/89216282.cmsSynopsis FIEO President A Sakthivel suggested that container manufacturing should be encouraged more so as we are also pushing coastal shipping in our country.
Pocketing even 1% market share from China means India gets a $10-billion opportunity in textiles, says industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/pocketing-even-1-market-share-from-china-means-india-gets-a-10-billion-opportunity-in-textiles-says-industry/articleshow/89193697.cmsSynopsis China-plus-one has created a growth window for the Indian textiles segment, and the PLI Scheme can give the sector a boost. There might
Global trade cloud over current account – The Financial Express
Clipped from: https://www.financialexpress.com/editorial/global-trade-cloud-over-current-account/2415924/ A wider external account deficit likely in FY22; risks of FDI & portfolio outflows are a worry. The current account—which is the broadest
India’s exports to China jump 34% to $22.9 billion in 2021, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-to-china-jump-34-to-22-9-billion-in-2021-shows-data-122012801852_1.html Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021 India’s exports to China have increased about 34 per cent to USD
Gold imports hit 10-year high as jewellery demand doubles | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/gold-imports-hit-10-year-high-as-jewellery-demand-doubles-122012900070_1.html Celebrations picked up in full swing in the three months through December, more than doubling full-year imports to 925 tonnes Gold imports in the
Ambition to reality | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/ambition-to-reality-122012501771_1.html Govt’s high expectations from electronics exports need work On Monday, the Union Ministry of Electronics and Information Technology released a further instalment of
Crisil calls for tariff cuts to spur exports – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/crisil-calls-for-tariff-cuts-to-spur-exports/article38320643.ece ‘Lower duties needed on inputs, raw materials to stop importing inflation’ The government should lower import tariffs on inputs and raw materials to
Towards fuller capital convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-fuller-capital-convertibility/2409931/ The path to full convertibility will not be linear and India looks set to continue moving gradually The process of capital account convertibility
MSMEs largely outside the ambit of PLI scheme, many small businesses left out of ECLGS. Can Budget 2022 do a course correction? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-largely-outside-the-ambit-of-pli-scheme-many-small-businesses-left-out-of-eclgs-can-budget-2022-do-a-course-correction/articleshow/88986888.cmsSynopsis Faced with lingering Covid blues, the MSME sector wants the FM to reduce compliances, address rigid banking norms and announce a PLI-like scheme
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