Clipped from: https://www.financialexpress.com/opinion/rethinking-rcep-indias-absence-from-such-a-market-would-disadvantage-both-its-consumers-and-firms/3681510/ The RCEP is a free-trade agreement between the 10 ASEAN countries and the advanced economies of South Korea, Japan, China, Australia, and New
Category: EXIM
👌👌👌India readies various strategies to tackle ‘US first’ trade policy
Clipped from: https://www.business-standard.com/economy/news/india-readies-various-strategies-to-tackle-us-first-trade-policy-124120100262_1.html The government is closely assessing Trump’s election speeches and actions during his previous tenure, the official told Business Standard During his election campaign,
👌👌👌👌👌India’s potential GDP growth is in range of 6.5-7%, says CEA Nageswaran | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-s-potential-gdp-growth-is-in-range-of-6-5-7-says-cea-nageswaran-124120200525_1.html Economic Survey projected India’s GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the
👌👌👌👌👌100% tariff on BRICS countries if dollar countered: Trump – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-100-tariff-on-brics-countries-if-dollar-countered-trump-3681389/ Move couter-productive, impractical, say experts. 100% tariff on BRICS countries if dollar countered: Trump. (Image: Getty) US President-elect’s Donald Trump has threatened nine
👌👌👌Q2 GDP Growth Data 2024: India’s growth rate dipped to 5.4% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-shocker-growth-rate-dipped-to-54/article68926855.ece Real GVA increased by 5.6 per cent in Q2 of FY25, down from 7.7 per cent growth rate in Q2 of the previous
👌👌👌👌👌Q2 growth disappointing but 6.5% GDP target for FY25 ‘not in danger’, says CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/q2-growth-disappointing-but-65-gdp-target-for-fy25-not-in-danger-says-cea/article68928133.ece It is too early to extrapolate to full fiscal GDP growth figure, says Nageswaran Chief Economic Advisor V Anantha Nageswaran on Friday described
👌👌👌👌👌Why American governments dislike India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-american-governments-dislike-india/article68924061.ece Key factors: They don’t like to be defied, can’t accept India’s rise, and American firms not allowed to make much money here “Once
👌👌👌👌👌US Fed November 6-7 FOMC meeting minutes releasing today – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-minutes-of-the-us-fed-fomc-meeting-held-on-november-6-7-to-be-made-public-today-3677702/?ref=abroad_hp Before the elections, markets expected the US Federal Reserve to continue its aggressive rate-cutting campaign. The rates were cut by 50 basis points
More FTAs on the horizon to propel economic growth and exports: Govt official – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/more-ftas-on-the-horizon-to-propel-economic-growth-and-exports-govt-official/article68919189.ece Engineering exports may surpass the target in FY25 Atul Anand, IAS, Principal Secretary, MSME, Department, Government of Tamil Nadu, releases a short film
👌👌👌India must adapt to evolving global trade norms for meaningful FTAs | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/standards-on-trade-124112701270_1.html Both countries have been negotiating to arrive at a mutually beneficial agreement since 2022 News reports suggest that India and the United Kingdom
👌US Fed November 6-7 FOMC meeting minutes releasing today – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-minutes-of-the-us-fed-fomc-meeting-held-on-november-6-7-to-be-made-public-today-3677702/ Before the elections, markets expected the US Federal Reserve to continue its aggressive rate-cutting campaign. The rates were cut by 50 basis points
Trump threatens tariff war on Canada, Mexico, China: Should India be wary? | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/trump-threatens-tariff-war-on-canada-mexico-china-should-india-be-wary-124112600669_1.html President-elect Trump’s tariff threats against Canada, Mexico, and China have unsettled global markets, raising questions about how these moves might impact India’s trade
👌👌👌👌👌Across the aisle by P Chidambaram: The Trump effect on India – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-the-trump-effect-on-india/3675444/?ref=opinion_hp On the pharmaceutical front, pharma stocks have risen in the U.S. in anticipation of lesser regulation and higher prices. Prices of drugs will
👌👌👌CBIC should review its MOOWR instructions to ease operations for units
Clipped from: https://www.business-standard.com/opinion/columns/cbic-should-review-its-moowr-instructions-to-ease-operations-for-units-124112400747_1.html Irritants persist for MOOWR units, although over five years have passed since the introduction of MOOWR 2019 regulations Representative Picture In October 2019,
Trump tariffs alone may not derail exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/trump-tariffs-alone-may-not-derail-exports/article68894979.ece India’s trade deficit is a result of income-sensitive key exports, weak global demand and an inefficient manufacturing ecosystem On the night of November
Inflows in NRI deposits almost doubled to $10.2 billion in H1FY25: RBI | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/inflows-in-nri-deposits-almost-doubled-to-10-2-billion-in-h1fy25-rbi-124112001139_1.html NRO deposits also saw inflows worth $ 2.19 billion from April-September 2024, compared to $ 1.88 billion during the same period a year
No evidence of exchange rate policy hurting exports: RBI report | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/no-evidence-of-exchange-rate-policy-hurting-exports-rbi-report-124112001227_1.html Rupee depreciated by 7.8 per cent during FY23 and by 1.4 per cent in FY24. And so far in FY25, it has depreciated
CAD is manageable as India is doing well in services exports: Piyush Goyal | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/cad-is-manageable-as-india-is-doing-well-in-services-exports-piyush-goyal-124111901284_1.html Commerce and Industry Minister Piyush Goyal on Tuesday said that India’s current account deficit (CAD) is manageable as it is doing well in
Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy | World News – Business Standard
https://www.business-standard.com/world-news/fed-chair-jerome-powell-says-no-need-to-hurry-rate-cuts-with-economy-strong-124111500088_1.html US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered the policy rate again by a quarter
India’s foreign exchange reserves drop $29 billion in the past six weeks | News on Markets – Business Standard
https://www.business-standard.com/markets/news/india-s-foreign-exchange-reserves-drop-29-billion-in-the-past-six-weeks-124111501398_1.html The week ended Nov 15 saw a decline of $6.48 billion, largely due to foreign investment outflows and a decline in the value of