Clipped from: https://www.thehindubusinessline.com/companies/api-supply-concerns-from-china-fuel-alembic-pharmas-global-prospects/article34481925.ece Company’s segment revenues surge 35% during the year The Covid-led supply disruptions of Active Pharmaceutical Ingredients (API) from China last year has proved
Category: EXIM
Hopeful of export potential, Centre unlikely to extend solar after PLI period – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/hopeful-of-export-potential-centre-unlikely-to-extend-solar-after-pli-period/article34481073.ece ‘Nations want to buy from India due to unreliability of Chinese suppliers’ The government is not likely to extend the basic customs duty
Pricing pressure in US market to impact margins of pharma companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pricing-pressure-in-us-market-to-impact-margins-of-pharma-companies-121050401041_1.html Lack of new launches due to inspection delays, intensifying competition key headwinds Representational image The margins of Indian generic drug makers could be
For solar atmanirbharta, rethink duties – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-solar-atmanirbharta-rethink-duties/2245864/ A CEEW-CEF analysis shows India can achieve greater self-reliance in solar manufacturing through time-bound application of BCD at much lower rates—around half of
PLI scheme guidelines for food processing don’t have measures to benefit MSMEs, says industry body AIFPA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pli-scheme-guidelines-for-food-processing-dont-have-measures-to-benefit-msmes-says-industry-body-aifpa/2245750/ Ease of Doing Business for MSMEs: The Ministry of Food Processing Industries on Monday had issued the PLI guidelines for the food processing
Electronics, handset cos slash production – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-handset-cos-slash-production/articleshow/82396211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Some component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De Technology, Rashmi Rare
Indian exports: Several key sectors stare at export impact as pandemic rages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/several-key-sectors-stare-at-export-impact/articleshow/82396215.cms Synopsis–“People are scared to buy from India and uncertain if we can deliver the orders,” said Sharad Kumar Saraf, president of the Federation
Rupee: Forwards premium on Rupee-Dollar soars up to 360 bps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/forwards-premium-on-soars-up-to-360-bps/articleshow/82378740.cms Synopsis–The cost of covering unhedged currency risks in the derivative markets surged on Monday, potentially affecting companies with large import bills, with the
Real estate projects to feel the pinch as steel, cement prices rise | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/real-estate-projects-to-feel-the-pinch-as-steel-cement-prices-rise-121050400003_1.html Road transport & highways ministry charges a 10x toll rate for major bridges, structures Photo: Bloomberg An increase in prices of raw materials
Let us pray: RBI needs to pull out all the stops to prevent another sharp drop in the rupee – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/let-us-pray-rbi-needs-to-pull-out-all-the-stops-to-prevent-another-sharp-drop-in-the-rupee/2245323/ The rupee, on the surface, appears to be playing its own game. Since the start of 2020, it has taken two major hits,
Intel CEO says chip shortage will persist for ‘couple of years’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/intel-ceo-says-chip-shortage-will-persist-for-couple-of-years/articleshow/82364203.cmsSynopsis Demand for semiconductors was boosted in 2020 as consumers scooped up home gadgets during the pandemic. But meeting that increase has been hard,
India Trade Deficit: Record growth in April exports, trade deficit swells to $15.24 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-april-trade-deficit-at-15-24-billion/articleshow/82351264.cmsSynopsis Major export commodities which have recorded positive growth in April include gems and jewellery, jute, carpet, handicrafts, leather, electronic goods, oil meals, cashew,
Second wave of coronavirus pandemic: What RBI can do to help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
PLI scheme going under utilised, says Niti Aayog vice chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pli-scheme-going-under-utilised-says-niti-aayog-vice-chairman/2242724/ He stressed that the share of manufacturing in GDP should increase and limiting manufacturing only to small scale would not suffice. The Niti
Four reasons why India’s coronavirus crisis will derail the world economy | Business Standard News
lipped from: https://www.business-standard.com/article/current-affairs/four-reasons-why-india-s-coronavirus-crisis-will-derail-the-world-economy-121050100373_1.html The virulence of the second wave in India seems to be related to a confluence of factors: government complacency, driven by poor data
MSMEs seek easing of NPA, compliance rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-seek-easing-of-npa-compliance-rules/articleshow/82287398.cmsSynopsis The Federation of Indian Small and Medium Enterprises (FISME) also pitched for creation of a “war-room” to monitor prices of key raw materials
India’s manufacturing industries pin hope on a speedy recovery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/indias-manufacturing-industries-pin-hope-on-a-speedy-recovery/articleshow/82346948.cms SynopsisThere is still uncertainty on the demand front, and manufacturers are also hit by a shortage of raw material, restrictions on movements, diversion
Buyers abroad shun costlier Indian soyameal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/buyers-abroad-shun-costlier-indian-soyameal/article34442794.ece Shipments slow down after 166% growth last fiscal, but may gather pace after Oct Shipments are set to gain momentum once the new
Joe Biden calls for United States to enter a new superpower struggle – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/joe-biden-calls-for-united-states-to-enter-a-new-superpower-struggle/articleshow/82328965.cmsSynopsis In fact, he is facing the worst relations in two decades with very different superpower adversaries that are seeking to exploit America’s visible
A pandemic is not the time to worry about fiscal deficit | The Indian Express
lipped from: https://indianexpress.com/article/opinion/columns/a-pandemic-is-not-the-time-to-worry-about-fiscal-deficit-7295959/ Given that a timely deficit may not have adverse macroeconomic consequences, surviving this pandemic first by enhancing the required spending is crucial Kasturba
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