Long discarded policies like deficit monetisation, loan restructuring, higher tariffs and import licensing had not yielded great results even the first time around, points out T N Ninan
The successful bidders designated as freeports will ultimately be legally outside UK customs territory, with goods imported, manufactured or re-exported without incurring national tariffs
Arvind Panagariya also pointed out that Covid-19 pandemic may lead to integration of global labour market
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Now, banks are sitting on a lot of liquid cash. Similarly, our corporate houses have liquidity in their systems. They have to invest, he said
Angered by Washington's refusal to exempt it from higher steel and aluminium tariffs, New Delhi said in June that it would raise import tax from August 4 on some US products