)
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.
The report by the High Level Advisory Group (HLAG) on growing India's trade, argued despite existing challenges RCEP can be 'particularly beneficial for India
"India can't be isolated. You can't have a situation where you expect all the benefits of multilateralism but will not give any benefit to anyone," Goyal said
In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters
The decision to extend MEIS benefits is expected to draw the biggest cheer from the industry
Minister bats for 'much larger engagement' like a bilateral trade agreement
As imports also fall for 4th straight month, trade deficit reduces to 7-month low
India aims to finalise import cap mechanism, tariff reduction before Nov 4 deadline
Technical textiles are functional fabrics used in multiple industries such as automobile, construction, and agriculture
Aimed at developing a cadre of indigenous entrepreneurs in the MSMEs, the EDCs will be similar to incubators for start-ups, according to a official documents reviewed by Business Standard
The draft amendments are likely to be notified soon by the revenue department after legal vetting
Sources said they pointed out added competition from Chinese cheaper goods may put pressure on domestic sales at a time international business has been under threat from Bangladesh and Vietnam
The Steel Import Monitoring System (SIMS) will provide advance information about steel imports to both the government and stake holders
The commerce department clarified that the ECGC would cover not only outstanding principal of loans but also unpaid interest
From the next year, the Remission of Duties or Taxes on Export Products (RoDTEP) will replace the Merchandise Exports from India Scheme (MEIS) for all exported goods except textiles
Make sense of all the announcements made by Finance Minister Nirmala Sitharaman for the exports sector
Delhi may keep duties on some products, stick to an import ceiling
The current account deficit is likely to decline substantially to $10-11 billion in the second quarter
Scheme to ease the availability of export credit, especially for small businesses'
Sources have clarified that seven of the 20 negotiating chapters in the deal, while discussions on two more are technically completed
Struck by liquidity crunch, low foreign exchange, African nations want to swap copper, gold for infra projects