Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/setback-for-pli-scheme-on-it-hardware-as-peeved-manufacturers-cut-investment-commitments/articleshow/82799574.cmsSynopsis Manufacturers are piqued over the low incentive structure of the scheme which offers only 1%-4% reward and does not compensate for the disabilities
Category: EXIM
Covid ‘infects’ leather exporters’ biz – NEWS – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34610861.ece Skeletal staff andshortage of sea containers emerge major concerns Leather exporters have enough orders on hand, but skeletal staff strength and shortage of
We expect a massive disruption in supply-chain: Bosch India chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/we-expect-a-massive-disruption-in-supply-chain-bosch-india-chief/article34608200.ece ‘Nobody knows what impact the second wave of Covid will have on the industry’ India’s leading auto parts manufacturer Bosch posted a sharp
Don’t tinker with FDI e-comm rules – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/dont-tinker-with-fdi-e-comm-rules/article34599745.ece Clearing the air The government must take a clear stand on its e-commerce policy – /iStockphoto Clearing the air The government must take
Foreign Exchange Policy; Intervention isn’t manipulation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-foreign-exchange-policy-intervention-isnt-manipulation/articleshow/82778237.cmsSynopsis The criteria for branding currency manipulators are rather simple. The US Treasury looks at three criteria: (1) foreign exchange intervention in terms of
Can’t afford to rest on recent exports showing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cant-afford-to-rest-on-recent-exports-showing/2255222/ India still lags its true potential, thanks to protectionist policies, rigid land/labour laws and poor infrastructure Unfortunately, though, India’s exports have never really
Commerce Ministry likely to ask RBI to extend Interest Equalisation Scheme beyond June 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/commerce-ministry-likely-to-ask-rbi-to-extend-interest-equalisation-scheme-beyond-june-2021/article34586295.ece Exporters say access to cheaper credit essential in retaining competitiveness The Commerce Ministry may ask the RBI to extend the Interest Equalisation Scheme
Chip shortage crisis enters ‘danger zone’, wait time reaches all time high | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/chip-shortage-crisis-enters-danger-zone-wait-time-reaches-all-time-high-121051900130_1.html The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research. Chip shortages are rippling
Wider Coverage: Commerce Ministry weighing proposal to revamp scheme for services exports – The Financial Express
Clipped from: https://www.financialexpress.com/economy/wider-coverage-commerce-ministry-weighing-proposal-to-revamp-scheme-for-services-exports/2254487/ The revamped Service Exports From India Scheme (SEIS) may be part of the new five-year Foreign Trade Policy (FTP), which will be effective
Finance Ministry pins hope on pent-up demand to lift recovery this fiscal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-ministry-hopes-pent-up-demand-to-boost-recovery-this-fiscal/article34587203.ece?homepage=true Economists remain cautious; heath spends likely to go up, says SBI research The Finance Ministry pins hope on ‘pent-up demand’ to boost economic
Encouraging exports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/encouraging-exports-121051801435_1.html Govt must take steps to sustain the rebound India’s merchandise exports went up nearly 200 per cent in April, year-on-year, to $30.21 billion. While a
Covid Second Wave Impact: India’s cost of uncertainty – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/covid-second-wave-impact-indias-cost-of-uncertainty/2253697/ The second wave Could hurt interstate trade, better-off city folk, rural demand and producer margins. The ensuing uncertainty could last longer than the
Sovereign rating risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sovereign-rating-risk-121051701487_1.html Govt must take steps to avoid a downgrade Daily Covid-19 cases are showing initial signs of stabilising, with India reporting less than 300,000
Using reserves: When, if not now? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/using-reserves-when-if-not-now-121051800014_1.html India continues to be in urgent need of various supplies to deal with Covid-19 Though we have had some improvement in the last
The world economy is suddenly running low on everything | Business Standard News
Clipped from: https://www.business-standard.com/article/international/covid-19-the-world-economy-is-suddenly-running-low-on-everything-121051800034_1.html Surging corporate demand is upending global supply chains Now India’s massive Covid-19 outbreak is threatening its biggest ports A year ago, as the
Anti-dumping probe initiated on solar cell imports from China, Thailand and Vietnam – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/anti-dumping-probe-initiated-on-solar-cell-imports-from-china-thailand-and-vietnam/article34579821.ece The DGTR said it has accepted a petition by ISMA to probe if material injury is being caused to the domestic manufacturing industry
Solar power: Levy of basic customs duty may hit tariff trajectory – The Financial Express
lipped from: https://www.financialexpress.com/industry/solar-power-levy-of-basic-customs-duty-may-hit-tariff-trajectory/2253036/ The role of imports in solar capacity addition is evident from the numbers for the April-January period of the last fiscal. In December,
India launches probe against China, Thailand and Vietnam – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-launches-probe-against-china-thailand-and-vietnam/2253094/ Solar cells are the basic ingredient used in the manufacturing of solar modules and Chinese products are 15-20% cheaper than their Indian counterparts.
Liquidity Woes: Services exporters hit as benefits held back – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-woes-services-exporters-hit-as-benefits-held-back/2252982/ The SEIS was introduced in the Foreign Trade Policy (FTP) for 2015-20; the validity of the FTP has now been extended up to
Tractor sales to be hit as second Covid wave impacting rural areas: Escorts – The Economic Times
Synopsis The company, which has a joint venture with Japan’s Kubota, is looking at around 55 per cent growth in exports in 2021-22 with Europe
