Clipped from: https://www.business-standard.com/article/opinion/a-lost-year-121010701547_1.html Indian economy will need careful policy handling According to the first advance estimates released by the Union Ministry of Statistics and Programme Implementation,
Category: EXIM
Exports: A post-Covid opportunity | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exports-a-post-covid-opportunity-121010700058_1.html In order to obtain 7 per cent growth, among other things, India has to tackle the stagnation in exports and the next Budget
Vietnam – the third biggest exporter of rice – buys from India for the first time in decades – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/vietnam-the-third-biggest-exporter-of-rice-buys-from-india-for-the-first-time-in-decades/articleshow/80107844.cmsSynopsis The purchases highlight tightening supplies in Asia, which could lift rice prices in 2021 and even force traditional buyers of rice from Thailand
Rupee falls to 73.18 on wider trade deficit worries – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rupee-falls-on-wider-trade-deficit-worries/2165091/ The rupee fell to 73.18 on Tuesday, losing 0.2% to the dollar, the most in seven weeks amid concerns India’s trade deficit would
Panel to fix rates for exporters’ duty refund scheme to submit report in few weeks: Finance Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/panel-to-fix-rates-for-exporters-duty-refund-scheme-to-submit-report-in-few-weeks-finance-secretary-ajay-bhushan-pandey/articleshow/80113181.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis RoDTEP , duty refund, The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far
export: Exporters in a post-Covid world need finance and favourable trade winds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exporters-in-a-post-covid-world-need-finance-and-favourable-trade-winds/articleshow/80091475.cmsSynopsis From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that
India’s pharma export shoots up amid coronavirus pandemic; ‘China plus one’ policy helps – The Financial Express
Clipped from: https://www.financialexpress.com/industry/indias-pharma-export-shoots-up-amid-coronavirus-pandemic-china-plus-one-policy-helps/2164710/ India’s formulation surged 18 per cent while the bulk drug exports rose 9 per cent on-year during H1 FY21. India’s pharmaceutical industry significantly
UK PM Boris Johnson announces new national lockdown in England | World News,The Indian Express
Clipped from: https://indianexpress.com/article/world/coronavirus-uk-pm-boris-johnson-announces-new-national-lockdown-in-england-7133019/ Boris Johnson said a new, more contagious variant of the coronavirus was spreading at great speed and urgent action was needed to slow
export: Exporters in a post-Covid world need finance and favourable trade winds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exporters-in-a-post-covid-world-need-finance-and-favourable-trade-winds/articleshow/80091475.cmsSynopsis From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that
India’s exports of basmati rice to Belgium and Netherlands soar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/indias-exports-of-basmati-rice-to-belgium-and-netherlands-soar/articleshow/80100668.cmsSynopsis Rising demand for basmati rice in these European countries has resulted in a better price realisation for farmers, mainly from the basmati rice-growing
MEA cautions Commerce Ministry about increasing phishing attacks against exporters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/mea-cautions-commerce-ministry-about-increasing-phishing-attacks-against-exporters/article33493968.ece?homepage=true DGFT advises export organisations, regional authorities to help implement security protocols The Ministry of External Affairs (MEA) has warned the Commerce Ministry on
After Brexit: India and UK must catalyse an FTA based on their strategic vision
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/after-brexit-india-and-uk-must-catalyse-an-fta-based-on-their-strategic-vision/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
Exporters left in cold over flawed RoDTEP scheme | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-left-in-cold-over-flawed-rodtep-scheme-121010400026_1.html The main objective of RoDTEP is to refund the duties and taxes that are not rebated or exempted through schemes for duty drawback,
Revamped ecosystem will generate higher growth, goods and services tax, employment and exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/spin-llps-to-hear-richer-music/articleshow/80085474.cms Synopsis–Most MSME units were mainly operating as partnership firms, and some as limited liability partnerships (LLPs), or private companies. The Atmanirbhar Bharat scheme,
Imports go up for 1st time since last Feb, exports dip 0.8% – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/imports-go-up-for-1st-time-since-last-feb-exports-dip-0-8/articleshow/80078545.cms NEW DELHI: Indicating a pick-up in economic activity, imports went up for the first time since February, rising 7.6% to $42.6 billion in
Exporters complain of delay in GST refunds despite government timeframe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/exporters-complain-of-delay-in-gst-refunds-despite-govt-timeframe/articleshow/80063900.cms SynopsisThe tax department had come out with a guideline to process these within a deadline and recently the authorities had said that the
Even with Biden: Trend against globalisation is dampening India’s prospects, headwinds will only increase
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/even-with-biden-trend-against-globalisation-is-dampening-indias-prospects-headwinds-will-only-increase/Manoj Joshi The writer is a Distinguished Fellow, Observer Research Foundation It is now conventional wisdom to say that 2021 will be better than
taxes: RoDTEP scheme on all export goods from January 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-extends-benefits-of-tax-refund-scheme-to-all-export-goods/articleshow/80050267.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being
India’s exports may reach $290 bn by fiscal-end: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-may-reach-290-bn-by-fiscal-end-fieo/articleshow/80025553.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “We are confident that a V- shaped recovery will be witnessed in world trade and we will recover much more from what we
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
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