Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/we-should-target-340-350-billion-in-exports-for-fy-22-contraction-in-trade-lower-than-expected-fieo/articleshow/80787035.cmsSynopsis Addressing a range of issues that are impeding growth for the exports sector, FIEO said that economic growth is not possible without a
Category: EXIM
Honda raises full-year profit forecast helped by car sales rebound, cost cuts | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/honda-raises-full-year-profit-forecast-helped-by-car-sales-rebound-cost-cuts-949310.html Honda’s latest profit forecast is up from the 420 billion yen profit it predicted three months ago and higher than an average 463.6
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
Basic Customs Duty on mobile phone components to spur localisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/basic-customs-duty-on-mobile-phone-components-to-spur-localisation/articleshow/80768190.cmsSynopsis Sandeep Narula, Chairman of ESC said: “The imposition of customs duty is designed to make India a strong assembling hub, and will considerably
Government may issue clarification on e-commerce sector: Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-considering-certain-clarifications-on-fdi-in-e-commerce-sector-piyush-goyal/articleshow/80771632.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Separately, the minister also said that India is waiting for the confirmation of the new United States Trade Representative before starting a dialogue
Meenakshi Ahamed’s book shows why Indo-US ties have progressed despite personal inclinations of those in office–VIKRAM S MEHTA WRITES:–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/joe-biden-india-us-relationsforeign-policy-modi-govt-7179011/ The pace of the further development of relations will depend crucially on the quality, knowledge and influence of the people that President Biden
Under President Biden, US foreign policy offers change — and also continuity on key issues. Delhi must seize the possibilities–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/us-president-joe-biden-donald-trump-paris-accord-us-foreign-policy/ Under President Biden, US foreign policy offers change — and also continuity on key issues. Delhi must seize the possibilities Remarks by US
Pharma sector to grow to $130 b by 2030: Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pharma-sector-to-grow-to-130-b-by-2030-gowda/article33782758.ece?homepage=true It is among the 10 top attractive sectors for FDI in the country The pharma industry is expected to grow to $130 billion
Exports from UK to EU down 68% since Brexit trade deal, say hauliers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/exports-from-uk-to-eu-down-68-since-brexit-trade-deal-say-hauliers/article33775555.ece Port cranes are seen at Cherbourg Harbour, France, January 20, 2021. Brexit delays and customs checks have led to a surge in demand
Why is it so annoying to send money abroad? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/why-is-it-so-annoying-to-send-money-abroad/articleshow/80732962.cmsSynopsis I remember returning to New Delhi after a semester at Yale University in Connecticut some years back and trying to move what I
PLI schemes for 10 sectors to be notified by March 31: DPIIT Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-schemes-for-10-sectors-to-be-notified-by-march-31-dpiit-secretary/article33762483.ece Identification of beneficiaries, who could enjoy 4-6% incentives, to take another 2-3 months The Centre is hopeful that the Production Linked Incentive (PLI)
25 countries in queue for ‘Made in India’ Covid-19 vaccine: Jaishankar | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/25-countries-in-queue-for-made-in-india-covid-19-vaccine-jaishankar-121020600734_1.html India has so far supplied Covid-19 vaccine to 15 countries India has so far supplied COVID-19 vaccine to 15 countries and another 25
With $590 bn forex reserves in kitty, India now ‘net creditor’: MoS Thakur | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/with-590-bn-forex-reserves-in-kitty-india-now-net-creditor-mos-thakur-121020601064_1.html India now has forex reserves of over $590 billion, the highest ever, up by $119 billion over the previous year India now has forex
What India’s new Foreign Trade Policy can and needs to do – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/what-indias-new-foreign-trade-policy-can-and-needs-to-do/articleshow/80718689.cmsSynopsis The new Foreign Trade Policy will need to be beefed up to help exporters combat the double whammy of Covid-19 and protectionism. This
The big Budget push to ramp up domestic manufacturing and improve export competitiveness – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/the-big-budget-push-to-ramp-up-domestic-manufacturing-and-improve-export-competitiveness/articleshow/80725638.cms Dinesh NarayananEditor, The Economic Times–I started my career two decades ago in Hyderabad and worked in five cities and seven different publications. I
PLI scheme to be launched on April 1 – WHITE GOODS: –The Financial Express
Clipped from: https://www.financialexpress.com/industry/white-goods-pli-scheme-to-be-launched-on-april-1/2189033/ Under the scheme, eligible investors are now proposed to get incentives of 4-6% on incremental sales (to be calculated over the base year
Common Customs Electronic Portal: Government plans to launch Common Customs Electronic Portal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/common-customs-portal-in-works/articleshow/80693555.cms Synopsis–The proposed portal will facilitate registration, filing of bills of entry, shipping bills, payment of duty, and viewing and response to show cause
We are fast achieving pre-COVID-19 levels in exports: Commerce secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/we-are-fast-achieving-pre-covid-19-levels-in-exports-commerce-secretary/articleshow/80682095.cmsSynopsis The secretary said measures like production-linked incentive scheme would expand the manufacturing base and that will take exports to the true potential. New
Exporters worried over losing tax flexibility after IGST tweak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/exporters-worried-over-losing-tax-flexibility-after-igst-tweak/articleshow/80693703.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Earlier, exports could be made either on payment of the integrated tax or under bond. Citing liquidity crunch and higher transaction time and
No rethink on Google tax, clarity on NRI tax residency once travel resumes: CBDT chief
Clipped from: https://www.businesstoday.in/current/economy-politics/no-rethink-on-google-tax-clarity-on-nri-tax-residency-once-travel-resumes-cbdt-chief/story/430217.html On the direct tax collection targets for 2021-22, CBDT Chairman PC Mody said that the projections are “realistic and not ambitious”; we are