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
Category: EXIM
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
For the nth time, we’ve a demand problem, fixing supply side won’t help | Deccan Herald
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
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
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