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ONDC will make it easier for smaller players to get on the platform without paying a big cut to the e-commerce platform and also choose a logistics player and a payment partner from several available on the platform
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The current account returns to deficit territory after being in surplus in April-June 2021.
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With the Taliban takeover in Afghanistan, India is working with Central Asian nations to safeguard the region from negative repercussions in terms of radicalisation, increased terrorist activity and drug trafficking. However, it is also re-working an independent Central Asia policy Gulshan Sachdeva
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The US, European Union and Great Britain have announced separate infrastructure development plans to counter China’s Belt and Road Initiative. These moves are more about geopolitical rivalry than business although they might prove to be of some benefit to India
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Moneycontrol’s Jash Kriplani talks with Tarun Birani of TBNG Capital Advisors
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The financial performance of Hero MotoCorp in Q2FY22 improved on a QoQ basis driven by pickup in demand, improvement in realisation and cost reduction efforts undertaken by the company. In terms of demand outlook, customers’ preference towards personal mobility, positive rural sentiment, and new products, especially in the premium segment, are likely to aid demand. Here’s why MC Pro is betting on the stock
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Move could benefit exporters upset with the government cutting significant refunds under the Services Exports from India Scheme (SEIS), which can be claimed only till the 2019-20.
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Home to the world's largest semiconductor and microprocessor manufacturing sector, Taiwan is also a hub for electronics and precision tools. India wants a steady supply of these key items and would like more Taiwanese companies to shift operations to India.
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Indicators such as auto sales, consumer and capital goods output, cement production, steel consumption, and freight traffic have seen strong sequential recoveries though they continue to remain below their pre-COVID-19 levels
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For foreign businesses operating in the Middle Kingdom, it may be best to plan for uncertainty
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India needs to reshape its carbon mitigation policies to extract maximum benefits from bilateral or multilateral trade negotiations
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Tehan said that while being part of the Quad grouping has brought the two-nations closer, the latest discussions are being guided by bilateral ambitions and not relations with China.
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S&P Global Ratings have kept their growth forecast for India unchanged at 9.5 percent while ICRA has updated its forecast from the earlier 8.5 percent to 9 percent.
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Geopolitically, AUKUS has added another pressure point on China to moderate its behaviour. To make this move effective, Quad and AUKUS partners, particularly India and the United States, will also need to add trade initiatives in the Indo-Pacific
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China’s manufacturing shows a deceleration, but the Baltic Dry Index keeps rising
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As the government prepares to allow the shipment of Covid-19 vaccines overseas, intense negotiations are underway on which countries will get them first. India has already promised its partners in the Quadrilateral Security Dialogue, or QUAD, which also comprises the US, Australia and Japan, that it will export eight million doses by October-end. But the global COVAX initiative is yet to receive the vast majority of the 90 million vaccines it has ordered from Pune-based Serum Institute of India (SII).
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Developed nations in the World Trade Organization, including the United States, Canada, Australia, and members of the European Union, oppose public stockholding of food crops and want developing countries such as India to cap the minimum support price (MSP) paid to farmers, as well as limit input subsidies for fertiliser, seeds, pesticides and irrigation.
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India had recently announced that a trade deal with Australia would be signed by 2021-end. But sources say the existing differences continue to plague the discussions
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Adani Ports aims to double its cargo volume by FY25, capturing as much as 40 percent of India’s Exim trade
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Most Production-Linked Incentive (PLI) schemes until now have been targeted at high-value goods or those that would cut import dependence. Synthetic fibres, which include rayon, nylon, polyester and acrylic, and technical textiles don’t come under either category. Moneycontrol takes a look at why the government is focused on these products.
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As Afghanistan under the Taliban will be an extension of Pakistan, India’s Afghanistan policy will now have to be dealt within its complex ties with Pakistan and China as well as domestic politics. Still, a comprehensive understanding of the Taliban may open some avenues for engagement
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The Commerce Department wants more raw materials be transported through bulk carriers, which are massive ships that are designed specifically to carry industrial and agricultural cargo.
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At a time when global markets are booming, the government has removed key segments such as Special Economic Zones and Export Oriented Units from the ambit of the remission of Duties and Taxes on Exported Products (RoDTEP) scheme. These are now also not covered by the erstwhile MEIS scheme, which creates a double whammy, they say.
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Official statistics show exports of all mor revenue earners such as engineering goods, petroleum, gems nda jewellery, all rose in August
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The GDP figures have revealed that in the first quarter of 2021-22, India's exports have climbed back to their pre-Covid levels. Exports are also now 23.7 percent of India's economy, up from 20.5 percent a year back
