Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/stainless-steel-msmes-will-be-on-the-verge-of-bankruptcy-due-to-excessive-import-dumping-from-china-indonesia-issda/articleshow/81212911.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government reversed six trade remedies out of which three relate to stainless steel, which is just 3% of the overall steel industry
Category: EXIM
PLI scheme: Govt clears PLI scheme to boost manufacturing of laptops, tablets, PCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-pli-scheme-for-electronics-medical-devices/articleshow/81189374.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The development comes just a week after the Cabinet approved the PLI scheme for telecom equipment. The Cabinet has approved an incentive scheme
Fuelled by exports, leather units to turn the corner: CRISIL SME Tracker | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/fuelled-by-exports-leather-units-to-turn-the-corner-crisil-sme-tracker-121022300723_1.html Leather exports plummeted in the first quarter, following lockdowns and restrictions in importing nations. Leather exports plummeted in the first quarter following lockdowns
Indian pharma firms go local seeking to end reliance on China | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/indian-pharma-firms-go-local-seeking-to-end-reliance-on-china-954457.htmlRepresentative image. Credit: iStock Photo Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them
Hyderabad has potential to become $100-billion pharma hub by 2030: Telangana Industries Minister KT Rama Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/hyderabad-has-potential-to-become-100-billion-pharma-hub-by-2030-telangana-industries-minister-kt-rama-rao/article33902931.ece ‘Life sciences sector attracted ₹3,700-crore investment in one year’ As a pharma and life sciences hub of the world, Hyderabad is poised to grow
Both kinds of currencies will evolve | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/both-kinds-of-currencies-will-evolve-121022100822_1.html Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money Cryptocurrencies are coming together as alternative
Without legislative backup, govt must not amend rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/without-legislative-backup-govt-must-not-amend-rules-121022100867_1.html The GST Council should prevail on the government to avoid such practices as they lead to unnecessary litigation The Finance Bill, 2021, proposes
Judge Biden stimulus on speed of return to pre-Covid unemployment: Yellen | Business Standard News
Clipped from: https://www.business-standard.com/article/international/judge-biden-stimulus-on-speed-of-return-to-pre-covid-unemployment-yellen-121022201195_1.html Speaking to a New York Times Dealbook online event, Yellen also played down the increased debt levels that would be incurred from Biden’s
New scheme for service exports with max sops for MSMEs proposed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/new-scheme-for-service-exports-with-max-sops-for-msmes-proposed/articleshow/81149883.cmsSynopsis The scheme is touted as a replacement for the Service Export from India Scheme and is on the same lines as Remission of
India to clear 45 investments from China, likely to include Great Wall, SAIC: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-to-clear-45-investments-from-china-likely-to-include-great-wall-saic-sources/articleshow/81151147.cmsSynopsis About 150 investment proposals from China worth more than $2 billion were stuck in the pipeline. Companies from Japan and the U.S. routing
petrol prices: The curious case of petrol prices in India: Why international factors matter so little now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/the-curious-case-of-petrol-prices-in-india-why-international-factors-matter-so-little-now/articleshow/81085823.cmsSynopsis This year the trend has become even more stark in view of the pandemic. With the Centre increasingly looking to ride on the
Reducing the compliance burden – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reducing-the-compliance-burden/article33844150.ece?homepage=true A master document of all requirements and setting up single-window systems can be the starting point A reduction in regulatory compliance burden on
January exports growth hits 22-month high: Commerce ministry data – The Financial Express
Clipped from: https://www.financialexpress.com/economy/january-exports-growth-hits-22-month-high-commerce-ministry-data/2195485/ Imports, too, recorded a second successive month of growth (2% year-on-year) in January but the pace of rise slowed from 7.6% in December
Exporters send an SOS after Budget jolt – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/exporters-send-an-sos-after-budget-jolt/article33804150.ece Moves to disallow IGST refunds, allow confiscation of goods will hurt India’s image as supplier: FIEO India’s exporters have red-flagged proposals in the
India shifts oil imports from Middle East to Africa, North America due to OPEC cuts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/india-shifts-oil-imports-from-middle-east-to-africa-north-america-due-to-opec-cuts/articleshow/80923760.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Middle East oil tends to yield more diesel, while crude from the North Sea, West Africa and US shale fields usually produce more
China overtakes US as EU’s biggest trading partner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/china-overtakes-us-as-eus-biggest-trading-partner/articleshow/80926110.cmsSynopsis Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and the
Triggering growth: Are free trade agreements the answer? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/triggering-growth-are-free-trade-agreements-the-answer/2194845/ We need to restart our FTA journey urgently and scale it up rapidly with the past experience serving both as a lesson and
Budget 2021-22 proposal on digital tax likely to land up in court | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2021-22-proposal-on-digital-tax-likely-to-land-up-in-court-121021200053_1.html Foreign players in a fix as they will now come under levy’s ambit The central government’s clarification on the 2 per cent equalisation
Strategic tech: Becoming Atmanirbhar in batteries and chips is a national security imperative–THE TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/strategic-tech-becoming-atmanirbhar-in-batteries-and-chips-is-a-national-security-imperative/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
How can India save $60 billion in forex every year? Start an international shipping line – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-can-india-save-60-billion-in-forex-every-year-start-an-international-shipping-line/articleshow/80779511.cms Synopsis–It is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards
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