Clipped from: https://www.financialexpress.com/industry/sme/msme-loans-nbfc-lenders-stare-at-significant-dip-in-lending-for-at-least-three-months-amid-covid-2-0/2241981/ Credit and Finance for MSMEs: Recently industry association for NBFCs Finance Industry Development Council (FIDC) had written to RBI seeking another round of
Category: EXIM
Atmanirbharta: Making a case for stainless steel – The Financial Express
lipped from: https://www.financialexpress.com/opinion/atmanirbharta-making-a-case-for-stainless-steel/2241314/ Increase the usage of stainless steel and ensure no dumping takes place It is a misnomer that the price of Indian companies’ stainless
Barrier-free Trade: Solar imports from China seen surging in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/solar-imports-from-china-seen-surging-in-fy22/2239995/ The pace of solar capacity addition slowed 45% annually to 4.8 GW in April-January FY21. Import of solar cells and modules had dropped
Unfair charge | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unfair-charge-121042600012_1.html India is not using currency to gain unfair advantage The US treasury department’s latest assessment of currency practices and macroeconomic policies has kept India on
Who’s manipulating the currency, US?–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/whos-manipulating-the-currency-us/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. America’s decision to place India on its currency
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dpiit-notifies-pli-scheme-for-acs-led-lights-mere-assembly-of-finished-goods-not-to-be-incentivised/articleshow/82114195.cmsSynopsis Earlier this month, the government approved a production linked incentive (PLI) scheme for white goods – Air Conditioners (ACs) and LED Lights –
India Exports Trade: In slow lane: India’s exports are stuck in the $300 billion range for about a decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/in-slow-lane-indias-exports-are-stuck-in-the-300-billion-range-for-about-a-decade/articleshow/82059261.cms SynopsisExport growth has been anemic and the country now seems to be stuck at the $300 billion range in global trade. For a
DGFT’s ‘Trade Facilitation’ mobile app to promote exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dgfts-trade-facilitation-mobile-app-to-promote-exports/article34304996.ece?homepage=true The app provides real-time trade policy updates and notifications Exporters and importers in India can now have access to a mobile app that
Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-falls-below-75-to-dollar-on-massive-equity-sell-off-rbi-intervenes-121041201044_1.html Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too The
How the RBI intervened to arrest rupee’s fall – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/how-the-rbi-intervened-to-arrest-rupees-fall/articleshow/82035521.cms SynopsisThe central bank, according to market sources, net sold an estimated $600 million in the exchange traded futures market to arrest the rupee’s
Over Rs 35,000-crore export aid held up amid trade recovery – The Financial Express
lipped from: https://www.financialexpress.com/economy/over-rs-35000-crore-export-aid-held-up-amid-trade-recovery/2231100/ The RoDTEP scheme is on a “solid-footing” and is in sync with best global practices, so the government shouldn’t worry about any challenge
Exporters remain optimistic with weaker rupee and low interest rates | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-remain-optimistic-with-weaker-rupee-and-low-interest-rates-121041100938_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Covid-19 continues to pose the greatest threat to trade outlook, as new waves of infection could easily undermine any hoped-for recovery, said the
PLI for white goods: The key to Atmanirbhar Bharat – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pli-for-white-goods-the-key-to-atmanirbhar-bharat/2230327/ PLI is key to boosting India’s manufacturing and export capabilities through backward integration Now, the AC industry; in 2020, the AC market was
Forex: Who moves my rupee or dollar? Check out the movers & shakers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/who-moves-my-rupee-or-dollar-check-out-the-movers-shakers/articleshow/82001364.cmsSynopsis One key to capturing the forex moves lies in one basic principles – how growth differential drives inflation differential, which finally moves interest
Amazon India’s MSME sellers so far: 2.5M cumulatively digitised, $3B worth exports, 1M jobs created – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-indias-msme-sellers-so-far-2-5m-cumulatively-digitised-3b-worth-exports-1m-jobs-created/2229542/ Ease of Doing Business for MSMEs: Amazon had announced plans in January last year to invest $1 billion for digitizing 10 million Indian
70,000 Indian sellers export goods worth $3 billion on Amazon–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/corporate/70000-indian-sellers-export-goods-worth-3-billion-on-amazon/story/436105.html The company also said that with more than 2.5 million MSMEs working with Amazon in India including sellers, artisans and weavers, the focus
RBI status quo on policy supportive of economic growth; liquidity measures in right direction: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-status-quo-on-policy-supportive-of-economic-growth-liquidity-measures-in-right-direction-experts/articleshow/81953118.cmsSynopsis The six-member Monetary Policy Committee (MPC) unanimously decided to continue with the accommodative stance as long as necessary to sustain growth on a
Germany hails US move on corporate tax as ‘great step forward’ – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/international/business/germany-hails-us-move-on-corporate-tax-as-great-step-forward/articleshow/81932849.cmsSynopsis The optimism comes a day after US Treasury Secretary Janet Yellen said Washington was pushing in the G20 for a global minimum corporate
global economy news: Why shortages of a $1 chip sparked crisis in the global economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/why-shortages-of-a-1-chip-sparked-crisis-in-the-global-economy/articleshow/81924485.cmsSynopsis The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China
Real exchange rate: Why the RER is so important – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-exchange-rate-why-the-rer-is-so-important/2228278/ Maintaining a competitive RER is necessary for the economy to achieve its full growth potential The reason why market forces cause the rupee
aniltikotekar4sme.com 