FM Sitharaman on trade deficit with China: You have to look at both sides
FM Nirmala Sitharaman interview: We should be conscious not to have to consume things which come overly from only one destination but that doesn’t mean that I am imposing any view
Budget 2023: Higher capex, lower taxes; positive for equity markets
The budget speech focused on key announcements for hard-working middle-class income-earners, women, and the youth. Overall, it was a good budget
Budget 2023: Managing the tradeoffs
In a climate of slowing growth and myriad other global challenges, what this budget does is focus resolutely on lifting the capex cycle and greening it
GAIL says supply from Gazprom to start soon
Gazprom had halted supplies of natural gas to GAIL since May 2022; as a result, the gas distributor had to cut supplies to clients.
Where to invest in debt in a rising interest rate regime
Fixed deposits may look attractive now but gilt funds are also a low-risk option that could offer higher returns than FDs
'There's a need to exchange knowledge on 5G between the UK and India': Mike Short, of the UK department of international trade
Chief scientific adviser Mike Short and technology specialist Chris Moore, at the UK department of international trade, on the opportunities, challenges and way forward for the UK-India cooperation in technology and allied sectors. The UK is keen on attracting Indian IT companies.
Recession worries seem to have replaced inflation concerns
A global slowdown will impact the Indian economy. But that impact will be limited compared to other countries as the Indian economy is driven by local consumption
Made in China continues to trump Made in India
Trade deficit with China widened in 2022, with imports touching $118.5 billion and exports $17.48 billion. The share of India’s imports from China, however, has largely remained unchanged from pre-pandemic levels. This is now leading to calls for higher tariffs in the budget.
Chart of the Day: Imports resilient, non-petroleum exports better than expected
Despite the fall in commodity prices, imports other than of crude oil and of gold and silver were up 1.5 percent from a year ago
Budget 2023: RSS affiliate seeks protectionist measures to counter China
The government should significantly increase tariffs in the upcoming budget, Ashwani Mahajan of the Swadeshi Jagran Manch says.
Make money first. Geopolitics can wait
US card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit before parochialism
The age of pro-cyclical de-leveraging
With easy money a thing of the past, it is very likely that the markets will see de-leveraging
Will ensure Quad continues to be force for good: Joint statement by US, Japan
According to the joint statement, Japan and the US will continue supporting ASEAN centrality and unity as well as the ASEAN Outlook on the Indo-Pacific.
Budget 2023 faces three challenges in marshalling banks to catalyse growth
The FM is expected to keep the capex tap turned on this year in the Union Budget 2023 and banks will be asked to step up their financing of infrastructure and other term loans
Copper, zinc prices on a tear on China reopen, brace for volatility as well
With the US Federal Reserve dialing down its aggressive monetary tightening, contributing to a sharp fall in the US dollar index, investors are more positive on commodities than they have been in recent times.
Marketing Musings: What’s a media brand—the message or the messenger
The connection between chefs, the quality of food and media brands
Does a strong dollar really boost technology stocks?
Windfall currency gains no longer translate into higher earnings for exporters, thanks to renegotiation clauses
A tweak in trade diplomacy that can add heft to India-US ties
Being accommodative in the bilateral relationship can help New Delhi deepen commercial engagements with Washington at a time India’s export growth is losing momentum
Australian India Business Council hails trade pact as a 'watershed moment'
The Australia India Business Council’s leadership team is visiting six cities in India over nine days in January 2023 to boost ties.
Why India urgently needs an economic security policy
Aggressor states are not above using economic dependencies as a means of coercion and thereby indirect war, as recent events have demonstrated
Corporate governance: Time to give greater say to aam aadmi shareholders
The western model of corporate governance is inappropriate for India’s ownership structure. A new approach is required that acknowledges India’s unique promoter-public shareholder ecosystem
Trading in a new era requires a flexible mindset
There’s a rebalancing act that will play out in markets, among sectors but also among two important asset classes
Exports need navigational aid to sail through choppy waters
Growth in India’s outbound shipments has slowed because of geopolitics and the global economic milieu; the government needs to cobble up steps to give a boost to exports and rein in the fiscal deficit
Buyback Norms: Welcome amendments but more needs to be done
Buybacks through stock markets have often been abused and their phasing out is welcome. But Sebi needs to incorporate more safeguards to ensure fair treatment to all
