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Asit Ranjan Mishra is the Economics Affairs editor at Business Standard. With two decades of experience in digital and print media, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra, who is based in New Delhi, has previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
Asit Ranjan Mishra is the Economics Affairs editor at Business Standard. With two decades of experience in digital and print media, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra, who is based in New Delhi, has previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
India and the US, despite their robust diplomatic ties, have quibbled on trade issues over the years and across administrations
India for conservative norms, but EU wants more liberal criteria
Saudi Arabia's entry almost certain; Indonesia, UAE, Egypt also in the fray
Since India is a key supplier of refined petroleum products, this has changed the pecking order of key export destinations
Similarly, the US-dominated as the source of shelled walnuts for India at 70% share in FY18 with Chile at a distant second with a 29.7% share
Between FY12 and FY23, the US share in India's import basket rose from 4.8 per cent to 7 per cent
OECD said 2022-23 (FY23) ended on a positive note for India with 7.2% growth, due to higher-than-expected agriculture output and strong government spending
Global growth forecast lifted to 2.1%
Medicines put up for retail sales led the decline in exports
85% of 11,000 products offered at zero tariff remains unutilised
Manufacturing and construction sectors surprise on the upside
However, no mention of a proposal made earlier by US seeking advance notices on tariff changes and export curbs from partner countries, before firming up their positions
A trade expert said India's appeal only against the Japan case and not against the EU one could be to avoid EU retaliation
Das said the central bank has more than adequate quantity of printed notes already available with RBI and the currency chests to meet any increased demand for lower denomination currency notes
No sign yet of Rs 1,000 note making a comeback
Clarification on travel, education and medical treatment expenses to be issued later
The US has also proposed possible business-academia tie-ups to increase the availability of skilled workers and consultations with business and worker associations to develop policies
India's merchandise exports had risen 6.7 per cent to $450.4 billion in FY23
Fears reduction in policy elbow room; wants industry's views
Lunch with BS: Meet Subhrakant Panda, Ficci president