Clipped from: https://www.deccanherald.com/opinion/for-the-nth-time-we-ve-a-demand-problem-fixing-supply-side-won-t-help-1004628.html Basically, Indian industry on the whole has enough capacity currently and has no need to expand unless demand goes up dramatically Vivek Kaul
Category: EXIM
Across the Aisle: We had wings, learned to fly, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-we-had-wings-learned-to-fly-writes-p-chidambaram/2283471/ There was a political consensus on a State-controlled economy, monopoly or dominance of the public sector, import control, fixed exchange rate, licensing, and
Will dollar reverse from its high? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/will-dollar-reverse-from-its-high/article35124335.ece A further break below 92 is needed to see a much deeper fall The US dollar continued to trade strong and moved up
exports: India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-exports-have-an-aatmanirbharta-problem-it-doesnt-have-enough-shipping-containers/articleshow/83974755.cms SynopsisIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containers
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
New export strategy may focus more on key component – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-export-strategy-may-focus-more-on-key-component/2283110/ Mechanical machinery, electronics, medical and surgical equipment, sports goods, toys and certain farm commodities are among a number of products where India has
Five reasons why India needs to add to record forex pile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-reasons-why-india-needs-to-add-to-record-forex-pile/articleshow/84054476.cmsSynopsis The pile touched a record $608 billion last month, thanks mainly to the Reserve Bank of India soaking up dollars flowing in as
Five reasons why India needs to add to record forex pile – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/five-reasons-why-india-needs-to-add-to-record-forex-pile/article35091273.ece?homepage=true The pile touched a record $608 billion last month The rise in India’s foreign exchange reserves to above $600 billion may not be
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
A surplus India is happy to do without – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-surplus-india-is-happy-to-do-without/articleshow/84045002.cmsSynopsis For a lower middle-income, capital-scarce economy, it makes perfect sense to run up a current account deficit (CAD), investing more than domestic savings.
RBI extends interest subsidy scheme for exporters till September – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/rbi-extends-interest-subsidy-scheme-for-exporters-till-september/articleshow/84039262.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope
foreign trade policy: With $200 billion in exports, this sector deserves a special focus in the upcoming Foreign Trade Policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/with-200-billion-in-exports-this-sector-deserves-a-special-focus-in-the-upcoming-foreign-trade-policy/articleshow/84008359.cms SynopsisIndia wants to do $1 trillion in exports by 2025 and the services sector can be a huge contributor to this target. But
FX reserves strong enough to absorb shocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fx-reserves-strong-enough-to-absorb-shocks/article35041329.ece?homepage=true But the RBI, in its urge to maximise returns, should not invest the forex reserves in risky market instruments India today has above
Onus on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onus-on-banks/article35023455.ece?homepage=true Renewed credit push to informal sector welcome, but banks need to shed conservatism for the proposals to work The Centre’s credit-driven push to
India has managed its external sector well – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-has-managed-its-external-sector-well/article35023198.ece Forex reserves are healthy and CAD is sustainable, thanks to encouraging long-term non-debt creating capital inflows India has faced two major crises in
The post-Covid economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-post-covid-economy-121062801507_1.html There is a strong case for the government to shift its attention from the economy to public service management The Indian economy has clearly fallen
The credit push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-credit-push-121062801488_1.html Relief package is well-intentioned but won’t move the needle much Union Finance Minister Nirmala Sitharaman on Monday announced another set of measures to provide relief
No respite to the shipping crisis and that’s bad news for Indian SMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/no-respite-to-the-shipping-crisis-and-thats-bad-news-for-indian-smes/articleshow/83911708.cmsSynopsis In India, October is the onset of the holiday season, similar to that in the US. Hence, it is usually the time when
Handset PLI timeline extension will boost investor confidence: Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/handset-pli-timeline-extension-will-boost-investor-confidence-industry/articleshow/83921416.cmsSynopsis “This extension would not only support the Government’s efforts to establish India as an integral part of the Global Value Chain (GVC) in
Sustaining the nascent economic recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-the-nascent-economic-recovery/article35004715.ece Response to RBI’s liquidity stimulus has not been encouraging so far. It’s time for banks and private sector to push investments India is