The industry is urging the government to allow production across the entire supply chain at different hubs. Without this, the export orders can’t be honoured,
Category: EXIM
Shift gears: Revenue shortfalls cripple the ability of states to fight both contagion and economic downturn–Times of India
Prime Minister Narendra Modi’s video conference with chief ministers saw the emphasis shift towards restarting economic activity even as many CMs betrayed nervousness over the
The rise of discretion | Business Standard Column
Recent decisions in the wake of Covid-19 have hurt India’s FDI policy About 10 days ago, the Union government took two important economic policy decisions
Hope shipping rules extended to minor ports | Business Standard Column
Some shipping lines or their agents did not feel bound by the advisories, leading to complaints from the importers and exporters The government has come
Here’s how some banks plan to support exporters, but procedural delays play spoilsport – The Economic Times
Stigmatisation of Covid-19, those infected, suspected of being infected, cured and those providing care to the afflicted is a problem that hampers the fight against
Volkswagen AG: Factories fire up in Europe to pull economy back from the abyss – The Economic Times
The restart is crucial to pull the European economy out of a tailspin that’s forced governments to pledge hundreds of billions of euros to keep
Here’s how some banks plan to support exporters, but procedural delays play spoilsport – The Economic Times
Summary Exporters have made a pitch to the govt to also allow them to rollover the forward contracts without any penalty. KOLKATA | MUMBAI: Government-owned lenders
Lives vs livelihoods | Business Standard Column
The low virus-related mortality rates for India and other tropical countries do not support the case for stringent lockdowns, which would also destroy businesses and
Trade is off: Why Modi govt’s lockdown leeway is poor consolation for India’s exporters – The Economic Times
While manufacturing can resume partially, exporters will have to contend with a shrinking global economy. India is a relative minnow in inter-country trading, responsible for
Better to file bill of entry before arrival of vessel, say expert | Business Standard News
It is always desirable to file the bill of entry well before arrival of the vessel and get the assessment through Q. Due to the
INR16 lakh crore hit; dual demand, supply shocks. The ravaged economy needs a big, swift stimulus. – ET Prime
It’s cataclysmic, and a double whammy for those at the helm of the Indian economy — Nirmala Sitharaman and Shaktikanta Das. Consider the daunting odds.
Resetting balance | The Indian Express
Delhi’s decision on FDI from China is part of its own learning curve on linkages between commerce and national security. Delhi’s concerns are similar to
DPIIT, Finance Ministry locked horns before tweak in FDI guidelines | Business Standard News
Because of the differences, senior ministers, including the ministry of external affairs, had taken part in deliberations before the Cabinet gave its approval The government’s
Will more foreign financing be needed? | Business Standard Column
The capital inflow into India is the gap between investment and savings. In the coming one to two years, large changes in both investment and
Govt does a U-turn, says e-tailers still barred from sale of non-essentials – The Financial Express
The move to allow e-tailers to sell/deliver non-essential items was strongly opposed by small businesses led by The Confederation of All India Traders (CAIT). In
Exporter moves Supreme Court against payment of full wages to workforce – The Financial Express
These government orders are passed beyond the legislative competence of the Respondents (government) and, therefore, ultra vires the 2005 Act,” the petition stated. A Mumbai-based
Behind the curve? India’s competitors in export markets aided by fiscal bounties – The Financial Express
Competitors, including China, Vietnam, Bangladesh, Indonesia Malaysia and even Hong Kong, already announced a series of fiscal packages — some up to 3% of GDP.
Exporters say RBI steps to help small units, but bigger revival package needed – The Hindu BusinessLine
Unprecedented’ challenge in the global market as China recovers, world trade plummets Exporters said the RBI’s decision to relax bad loan classification and provide refinance
IMF’s projection of 1.9% GDP growth for India highest in G-20, says RBI Governor Das
IMF, in its global growth projections for 2020, said the world economy is expected to plunge into the worst recession since the Great Depression Reserve
Exporters say RBI steps to help small units, but bigger revival package needed – The Hindu BusinessLine
Exporters said the RBI’s decision to relax bad loan classification and provide refinance facility would help the sector to some extent, especially the smaller units,
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