Clipped from: https://www.thehindubusinessline.com/opinion/advantage-msmes/article35841860.ece Pharma PLI rule tweak favours incumbents To promote industrial growth, the government, supporting ‘Atmanirbhar Bharat’ and ‘Make in India’, has come up with
Category: EXIM
High cost of containers to impact India’s exports: TPCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/high-cost-of-containers-to-impact-indias-exports-tpci/2307929/ It said that new records have been hit in container freight spot rates of all carriers and further rise is expected this month.
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
Build an indigenous semiconductor base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/build-an-indigenous-semiconductor-base/articleshow/85188103.cmsSynopsis Today, America and China are locked in a battle over microelectronics. The US wants to slow down, if not choke off, China’s access
Govt must ask exporters how diplomats can help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-ask-exporters-how-diplomats-can-help-121080900014_1.html The External Affairs Ministry and the Commerce Ministry should interact with the exporters and find out what they actually need from our diplomats
PLI scheme for specialty steel a game changer, to boost domestic output: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/pli-scheme-for-specialty-steel-a-game-changer-to-boost-domestic-output-govt/articleshow/85146289.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On the issues being faced by the domestic steel sector, Minister of State for Steel Kulaste told PTI, “The challenge is to develop
Sidbi: SIDBI launches Swavalamban Challenge Fund to promote entrepreneurship – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/sidbi-launches-swavalamban-challenge-fund-to-promote-entrepreneurship/articleshow/85093495.cmsSynopsis A challenge fund is a fund support mechanism to allocate funds for specific purposes using competition among organisations. Small Industries Development Bank of
PM Narendra Modi unveils strategy to boost exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pm-narendra-modi-unveils-strategy-to-boost-exports-121080601758_1.html Interacting with Heads of Indian Missions abroad and stakeholders of trade and commerce virtually, Modi pointed out four factors that are very important
PM suggests 4-point strategy to achieve $400-b exports in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pm-suggests-4-point-strategy-to-achieve-400-b-exports-in-fy22/article35775121.ece?homepage=true Rues that export basket remains limited to a few goods, destinations Prime Minister Narendra Modi today listed four factors to boost exports and
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
global trade: India wants to expand its share in global trade, but its exports basket is outdated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-wants-to-expand-its-share-in-global-trade-but-its-exports-basket-is-outdated/articleshow/84994545.cms SynopsisFor a country that has a contribution of less than 5% in global trade, India’s dreams of achieving a $1-trillion exports target by
Post-Covid growth strategy: For economic revival, public investment and exports will have to do the heavy lifting
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/post-covid-growth-strategy-for-economic-revival-public-investment-and-exports-will-have-to-do-the-heavy-lifting/ Three decades after the 1991 reforms, India’s growth imperative remains every bit as urgent, to help recover lost jobs, ameliorate scarred incomes and
Getting real about REER and exports – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/getting-real-about-reer-and-exports/2302036/ While a depreciating rupee helps boost India’s export competitiveness, rising inflation threatens to undermine it During the same period, the rupee has fallen
Stiff target: New Foreign Trade Policy aims for exports of $1 trillion by FY26 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/stiff-target-new-foreign-trade-policy-aims-for-exports-of-1-trillion-by-fy26/2301970/ To achieve the ambitious goal, exports must grow 15% CAGR, against barely 5% in the five years through FY20 This will warrant a
June Quarter gold demand 4th lowest since 2000–DECCAN CHRONICLE
Clipped from: https://www.deccanchronicle.com/business/market/300721/june-qtr-gold-demand-4th-lowest-since-2000.html Despite the lower demand, the imports surged to 120.4 tonnes against 10.9 tonnes in April-June 2020. (AFP) Chennai: Gold saw the fourth lowest quarterly demand
High tariffs faced by Indian exporters in EU, UK affecting exports performance: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/high-tariffs-faced-by-indian-exporters-in-eu-uk-affecting-exports-performance-govt/articleshow/84888176.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “High tariffs faced by Indian exporters in key markets such as the EU and the UK as compared to zero duty access given
Covid-19 hit MSMEs hard; credit availability, liquidity a challenge: Niti Aayog’s Rajiv Kumar – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/covid-19-hit-msmes-hard-credit-availability-liquidity-a-challenge-niti-aayogs-rajiv-kumar-302882-2021-07-30 Rajiv Kumar says the Centre is working towards a transition to cash-flow based funding for SMEs. Switch from inventory-based credit to cash-flow based
Finance ministry sticks to double-digit economic growth forecast | Business Standard News
clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-sticks-to-double-digit-economic-growth-forecast-121072901760_1.html Sanyal says ministry’s assessment of inflation remains on a par with RBI’s Principal Economic Advisor Sanjeev Sanyal Even when most global organisations have
Exports poised to see major growth in FY22: India Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/exports-poised-to-see-major-growth-in-fy22-india-ratings/articleshow/84861160.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “A glance at the FY21 data suggests that some of the major export destinations for India’s top 10 major commodities are also the
Govt must not micromanage | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-not-micromanage-121072801860_1.html The Centre should focus on broad policy framework rather than micromanaging industrial and developmental activities Micromanagement is when matters that should be left