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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.
PM Modi has called a meeting of Commerce and External Affairs Ministries to discuss ways to counter Pakistan through an economic offencive
This is well below WTO's April forecast of 2.8%; forecast for 2017 also revised downwards, to 1.8-3.1% from from 3.6% previously
Prime Minister Narendra Modi has called a meeting with top officials on Thursday for a review
The ambitious $100 billion Delhi-Mumbai Industrial Corridor project stretching across seven states of 1,483 km
Imports from South Korea, Russia, South Africa, Iran and Singapore under radar
Number of export items given incentives increased to 7,913 from the current 5,012
Uttarakhand, Rajasthan lead the reforms implementation charts
Uttarakhand, Rajasthan lead in implementation; Arunachal, J&K and Meghalaya show zero score
Business has started moving to diamond bourse in Mumbai
New National Council for River Ganga replaces National Ganga River Basin Authority, will oversee pollution prevention and rejuvenation
The loan includes $500 mn for financing infrastructure and a $125 million component to help policy interventions by the government
Commerce and Industry Minister Nirmala Sitharaman said review of FTAs is a continuous process and this one was also on those lines
The Wanda Group plans to invest $10 bn in the country, the vast majority of which would go into an industrial park at Kharkhoda near Sonepat in Haryana
Basic customs duty on import of marble and travertine blocks increased to 40%, from 10% at present
In apparel manufacturing, hiring and production increase is yet to happen under the new norms
Subsidies for local manufacturing, higher government procurement on the cards
RBI has made it clear in the past that its primary focus is on bringing down currency volatility and it is not for any particular value of the rupee
Govt expects trade gains from APTA to flow in soon to counter fall in merchandise exports
Country will look to gain a stronger foothold amongst RCEP nations in the next round of talks