BUSINESS
Trump’s aim may be to force India to lower tariffs, not reciprocate rates
India’s growing bilateral trade surplus appears to be the factor that has catalyses charges of unfair practice. A law proposed by US Congress representatives gives the President the option to use tariffs as tools to force another country to lower its levies. This is likely to be first choice approach of the US, aiming to increase its exports and eventually wiping out its bilateral trade deficit with India
BUSINESS
Foreign Trade Policy 2023 fails to provide a blueprint to integrate India with the global markets
In most parts, the policy instruments spelt out in FTP 2023 are not those that can prepare India to participate effectively in the global markets even at the present juncture. Making India future ready seems to be some distance away
BUSINESS
In 2023, headwinds created by global uncertainties to work against India’s export sector
With India’s merchandise imports expanding by over 20 percent during July to November as against a negative growth in exports, the current account situation could be under considerable strain, unless commercial services exports are able to defy the existing bearish sentiments
BUSINESS
India needs to take urgent steps to get exports back on track
The year had begun with exports continuing their surge carried forward from the previous year. However, after a period of reasonably impressive growth, exports lost their growth momentum completely during the second quarter
BUSINESS
Has the WTO ministerial conference met India’s long-term concerns?
India should be disappointed as a permanent solution on public stockholding of food grains was not discussed at the 12th Ministerial Conference
WORLD
Is increase in non-dollar trade a death knell for globalisation?
The increasing possibilities of bilateral trade deals bypassing the US dollar, including using the CIPS, could have implications for the future of globalisation, the rules of which were written in Washington
ECONOMY
2022 could be the year of free trade pacts for India
India’s exports in 2021-22 have every chance of hitting the $400 billion target. This has given it the confidence to pursue FTAs
BUSINESS
30 Years Of Reforms | The gap between aspirations and reality
In 1991, Manmohan Singh spoke of the need to increase the efficiency and international competitiveness of industrial production of domestic entities, as did his successors, but there was little government support that was crucial for realising this objective
BUSINESS
Without its special status, Hong Kong loses its sheen
While Chinese authorities would be looking for further strengthening of the RMB in the post-COVID-19 world, whether Hong Kong will be able to play its part under the changed political circumstances will be watched with interest
TECHNOLOGY
COVID-19 | The economic package must promote jobs in rural sector
India has seen one of the largest reverse migrations back to the villages, and, the government must urgently redraw its development priorities to address this reality
WORLD
COVID-19 | The threat of a China-led model of globalisation
Given such large-scale economic disruption, most countries can expect at best a ‘U-shaped’ recovery. Most of the stimulus packages announced by countries focus on reviving domestic enterprises, especially the small and medium enterprises
ECONOMY
Budget 2020 | FM should re-prioritise spending to lift exports
The FM needs to adopt a fresh approach to add dynamism to export growth though her Budget. There are at least three areas she could focus on.
POLITICS
JNU violence | The importance of keeping higher education affordable
Decades after it has been established that education is one of the fundamental prerequisites for empowerment and development, individuals and institutions have to constantly agitate to make the government pay heed to the importance of bringing higher education to the masses.
ECONOMY
RCEP is history but India must still set its export house in order
In 2020, the government must examine why domestic enterprises are hesitant to stand up to the global high trade
WORLD
Trade Talk | What is ailing India-US trade relations
The US has consistently used unilateral actions to force changes in India’s framework of policies and laws
