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
Category: EXIM
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
An imagined past is the future – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-imagined-past-is-the-future/2285221/ Globally, driven by young people and, now, institutions, there is an amoeba-like movement afoot for cultural change Muslims, perennially discriminated against, but no
Tea industry fumes as imports surge sharply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tea-imports-up-by-139-during-jan-march-irks-industry/article35151587.ece?homepage=true Shipments – mainly from Nepal, Kenya, Vietnam – up 139% in January-March The tea industry is worried over rising imports of the beverage
Mixed bag: on Indian merchandise exports – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/mixed-bag-on-indian-merchandise-exports/article35137859.ece Restoring health of every constituent sector is a must for long-term growth in exports India’s merchandise exports reached an all-time quarterly high of $95
Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls
Clipped from: https://indianexpress.com/article/opinion/editorials/pandemic-economic-contraction-international-food-prices-inflation-7388932/ Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls India’s annual consumer food inflation in May,
View: Trusting private parties with foreign exchange reserves is like putting a fox to guard the chickens – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/for-a-few-dollars-more/articleshow/84121724.cmsSynopsis Early June, reserves touched a record high of $608 billion, making India the world’s fifth-largest reserve-holding country. By any yardstick, we’ve come a
Plastic exports may jump 20-25 pc in FY22: PLEXCONCIL Chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/plastic-exports-may-jump-20-25-pc-in-fy22-plexconcil-chairman/article35130829.ece?homepage=true Says Government support needed The country’s plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal
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