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Subhayan Chakraborty is a Special Correspondent with Business Standard. He is based out of New Delhi and writes on the oil & gas, and the telecom sectors. Earlier, he has closely tracked international trade and industry, macro-economic policy, and foreign affairs. An alumnus of Indian Institute of Mass Communication, his previous stints include Moneycontrol, and Paytm.
Subhayan Chakraborty is a Special Correspondent with Business Standard. He is based out of New Delhi and writes on the oil & gas, and the telecom sectors. Earlier, he has closely tracked international trade and industry, macro-economic policy, and foreign affairs. An alumnus of Indian Institute of Mass Communication, his previous stints include Moneycontrol, and Paytm.
Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme
Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India
Minister's remarks come a day after Bezos announced $1 billion investment
Imports in the category jumped three times to $ 180 million in 2018-19, from only $51.3 million in the preceding year
Keynote speaker Infosys co-founder NR Narayana Murthy, who has business relations with Amazon, was clearly upset with the event starting late
Commits to exporting $10 billion India-made goods by 2025
Policymakers worried over dwindling imports, which contracted for 7th month
The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20
The looming threat of all-out war has sent global crude oil prices soaring beyond $70 per barrel, a four-month high
Through the move, the commerce department plans to restrict imports costing an estimated Rs 4 trillion, primarily from China
Sources said the Prime Minister's Office (PMO) held detailed discussions with each sectoral grouping and will soon provide final inputs on ministries' final vision documents
The government had decided to discontinue MEIS--its largest export promotion scheme--after the WTO said it distorted trade.
Among EU nations, the Netherlands has historically been the fourth biggest source of foreign direct investments (FDI) for India, pegged at $29 billion since 2000
But weak market conditions keep firms spooked and business optimism low
Sector players say Commerce ministry move to halve MEIS to 2% goes against national goal to export 100 million handsets worth $110 billion every year by 2025
According to the eighth edition of the CriSidEx survey, sentiment fell during Q2 to 106. It was 120 in Q1
In September, the railways had announced several incentives to boost freight traffic
'Achieving a $5-trillion economy is absolutely possible', said PM Modi
The ministry of micro, small and medium enterprises (MSME) has begun an investigation into why placements through the portal have not picked up, sources said
When it comes to putting equity in business versus putting debt, equity should be more important, he said