Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/engineering-goods-exports-to-china-singapore-malaysia-fall-sharply-in-june-eepc/articleshow/84668621.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Exports to China, world’s largest buyer of raw material, in value terms declined 33% to US$ 501.9 million in June, 2021 from US$
Category: EXIM
Semiconductor: Global chip shortage will easily drag into 2022: Stellantis CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-chip-shortage-will-easily-drag-into-2022-stellantis-ceo/articleshow/84667762.cmsSynopsis The global chip shortage comes as demand for cars has spiked during the global economy’s recovery from the coronavirus crisis, driving up prices
Cabinet approves ₹6,322 crore PLI scheme for specialty steel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cabinet-approves-6322-crore-pli-scheme-for-specialty-steel/article35473666.ece Decision to help create more than 5,25,000 jobs in the country To cut down import dependence and promote the Made-in-India campaign, the Union
Labour Pains: Export hubs face worker shortage – The Financial Express
Clipped from: https://www.financialexpress.com/industry/labour-pains-export-hubs-face-worker-shortage/2293720/ Export hubs of key labour-intensive industries, already struggling to cope with a liquidity squeeze, are facing a shortage of workers, as most migrant
Gems, jewellery exports bounce back to pre-pandemic levels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/gems-jewellery-exports-bounce-back-to-pre-pandemic-levels/articleshow/84403840.cmsSynopsis The overall gross exports of gems and jewellery witnessed a growth of 8.46% to Rs. 67,265.66 crore during April – June of 2021
China-India trade on rise despite chill in bilateral ties, crosses USD 57 billion in H1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/china-india-trade-on-rise-despite-chill-in-bilateral-ties-crosses-usd-57-billion-in-h1/articleshow/84386496.cmsSynopsis According to data released by China’s Customs, India’s exports to China reached USD 14.724 billion, up 69.6 per cent year on year in
raghuram rajan: Indian needs foreign exchange reserves buffer to tackle exchange rate volatility: Raghuram Rajan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indian-needs-foreign-exchange-reserves-buffer-to-tackle-exchange-rate-volatility-raghuram-rajan/articleshow/84388271.cmsSynopsis “We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends. Even the European Union (EU) went to get
How India can harness the full potential of its production-linked incentive scheme – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-india-can-harness-the-full-potential-of-its-production-linked-incentive-scheme/2289329/ The PLI scheme is not holistic, as it is based on a partial equilibrium framework in which its impact is being seen only
exports: In competing with China and Vietnam, Indian exporters confront half-baked incentive schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/in-competing-with-china-and-vietnam-indian-exporters-confront-half-baked-incentive-schemes/articleshow/84365966.cms SynopsisWhen the WTO took aim at India’s export incentive schemes, the government quickly came up with a better alternative. But the new scheme
PLI scheme: Samsung may apply for PLI scheme if government extends the deadline – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/samsung-may-apply-for-scheme-if-govt-extends-the-deadline/articleshow/84357346.cmsSynopsis The Centre had expressed its dissatisfaction multiple times to the top brass of the Korean giant before the Cabinet reshuffle for not applying
Samsung gives PLI scheme for IT hardware and telecom equipment a wide berth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/samsung-gives-pli-scheme-for-it-hardware-and-telecom-equipment-a-wide-berth-121071200022_1.html It has bet big on Vietnam as its key global manufacturing hub for exports This decision has raised questions on whether the South
Suspension of benefits under incentive schemes to affect exporting community’s confidence: PHDCCI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/suspension-of-benefits-under-incentive-schemes-to-affect-exporting-communitys-confidence-phdcci/articleshow/84268906.cmsSynopsis PHDCCI President Sanjay Aggarwal said, “The temporary suspension of disbursement of these scrips will have some impact on their confidence. This is a
Tyre exports rebound with 10% growth to cross ₹14 crore in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-rebound-with-10-growth-to-cross-14-crore-in-fy21/article35212226.ece?homepage=true Industry credits govt’s sector-specific support for tiding over a tough pandemic year In one of the most robust export performances in the auto
Government suspends issuing export benefits under key schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/government-suspends-issuing-export-benefits-under-key-schemes/articleshow/84244260.cmsSynopsis The Directorate General of Foreign Trade (DGFT) said that benefits under the Merchandise Exports from India Scheme, Service Export from India Scheme, Rebate
Three valuable lessons India of 2021 can learn from 1991 economic reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/do-escape-from-old-ideas/articleshow/84214182.cmsSynopsis There has understandably been despair in the years since then that reforms have become hostage to the pressures of our boisterous democracy and
Oil on the boil | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/oil-on-the-boil-121070800017_1.html Domestic production of oil and gas has been lagging Disputes within the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ have led
India economic reforms: View: Real reforms are policy changes that make the economy run better with less political meddling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/not-another-anniversary/articleshow/84151949.cmsSynopsis M Singh I made reforms respectable. Since then, politicians love to claim they are reformers. Anything can now be called a reform, and
Small businesses face brunt of Covid second wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/small-businesses-face-brunt-of-covid-second-wave/article35183838.ece?homepage=true Many look to adopt digital modes, some take fresh loans Small businesses are looking at new ways to survive amidst the economic distress
‘MSMEs are engines of growth’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/msmes-are-engines-of-growth/article35200392.ece?homepage=true Webinar series by Sundaram Finance and MSME DI to promote Udyam registration kicks off Sundaram Finance and MSME Development Institute (MSME DI) –
Strong dollar, rising crude price hurt rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/strong-dollar-rising-crude-price-hurt-rupee/article35185030.ece?homepage=true Also, the dollar outflows from the struggling equity market can weigh on the rupee BL Research Bureau The rupee (INR), which has been