All stories by Subhayan Chakraborty
India Inc's biz sentiment has recovered: CII surveyRediff.com7 hours ago
It bounced back from the historic low of 41 recorded in the April-June quarter, during the initial days of the pandemic and lockdown.
More bad news for India's manufacturing sectorRediff.com4 days ago
Exim Bank pointed out that recent performance of the manufacturing sector in India is indicative of an underlying inertia.
Govt's plan to enter e-retail still in limboRediff.com5 days ago
The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.
Changes in export policy can help India become $5 trillion economyRediff.com27 Aug 2020
Created over the past 12-15 months, Niti's new Export Preparedness Index flagged the major intra-and inter-regional disparities in export infrastructure, problems in trade support and lack of unique exports as the main challenges hampering export growth.
More bad news: Core sector output shrinks for 4th monthRediff.com1 Aug 2020
Infra segment, refinery product impacted the most, even as contraction narrows in latest month.
Experts caution govt on trade deals with USRediff.com29 Jul 2020
Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.
What does India export the most to China?Rediff.com14 Jul 2020
Though the government has been pushing for exports of high-value manufactured goods across major markets in place of raw materials and input goods, India's top exports to China remain in the raw materials category.
Govt likely to fast-track import restrictions on 371 Chinese goodsRediff.com30 Jun 2020
The government has been gearing up to place tighter restrictions on the import of 371 items - ranging from toys and plastic goods to sports items, and furniture worth $127 billion.
What US companies want from India: Stable policyRediff.com27 Jun 2020
Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.
Indian exporters feel the heat of India-China tensionRediff.com26 Jun 2020
The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.
How real is Modi govt's concern for MSMEs?Rediff.com17 Jun 2020
While the Narendra Modi government has stuck to its stand that pending payment is Rs 12,343 crore, MSMEs calim outstanding amount is Rs 2-3 trillion. Moreover, MSME ministry's SAMADHAN portal has been of little help.
Thanks to shutdown, April's factory output falls 55%Rediff.com13 Jun 2020
The government clarified that the majority of industrial establishments had reported nil production, and cautioned that the numbers should not be compared with those of previous months. "It is not appropriate to compare the IIP of April 2020 with that of earlier months, and users may like to observe the changes in the IIP in the following months," said the ministry of statistics & programme implementation.
Why Cayman Islands is a big headache for taxmen in IndiaRediff.com1 Jun 2020
Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.
In Noida's mega industrial zone, even essential businesses struggle to openRediff.com10 Apr 2020
Up to 95 per cent of units in the Noida-Greater Noida mega industrial zone are currently shut.
Millions of job at stake, apparel exporters hit panic buttonRediff.com4 Apr 2020
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
Coronavirus: India Inc's 5-point wishlist for ModiRediff.com24 Mar 2020
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Have traders lost faith in Modi government?Rediff.com2 Mar 2020
CAIT has attributed its displeasure to the economic downturn, and indifferent attitude of ministers/officials towards domestic trade.
Coronavirus: India mulls imposing duties on Chinese importsRediff.com1 Mar 2020
The issue is set to be discussed early next week as the commerce department meets with industry bodies to discuss the widening supply gap for key imports.
India to go slow on trade deal with USRediff.com27 Feb 2020
Trump had said a comprehensive trade agreement with India would take much longer to finalise than earlier expected.
12 urgent ways to decriminalise business offencesRediff.com10 Feb 2020
Covering 37 different legislations such as the Partnership Act of 1932, Insolvency and Bankruptcy Code, and laws on environmental protection, consumer protection and labour interests, the recommendations have been shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
How govt plans to tighten the screws on importsRediff.com3 Feb 2020
A string of measures includes specific provisions in rules governing anti-dumping, safeguards, and basic Customs duties.
Exporters want Budget to address slow tax refundsRediff.com25 Jan 2020
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
Asean bloc invites India for RCEP dialogue in Bali next monthRediff.com22 Jan 2020
The Asean secretariat hopes the meet may be able to iron out existing wrinkles raised by India. Since there had been no significant progress on the matter over the past two years on most issues, New Delhi is yet to decide on the invite.
Modi's 5-year vision: What's it all aboutRediff.com13 Jan 2020
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
Growth finally back in services sector; PMI stood at 52.7Rediff.com5 Dec 2019
While manufacturing firms cut jobs for the first time in 20 months to sharply reduce costs, services providers continued their hiring spree.
Piyush Goyal's agenda in USRediff.com14 Nov 2019
Among the major ones are fewer restrictions on market access for US medical device manufacturers, as well as access for other key products.
Will Piyush Goyal manage to clinch a trade deal with USRediff.com11 Nov 2019
The high point of the trip will be Goyal's meeting with US Trade Representative Robert Lighthizer on November 13, which is expected to see the USTR push India towards lower import duties in a broad range of areas.
Is GeM a threat to Flipkart and Amazon?Rediff.com8 Nov 2019
Initially, private buyers will be able to make bulk purchases on Government e-marketplace, it will subsequently be broadened to small-ticket buying as well.
India holds out at final RCEP talks, all eyes on ModiRediff.com3 Nov 2019
The agenda prepared by ministers will be discussed by Prime Minister Narendra Modi and other RCEP leaders in Nonthaburi, a city north of Bangkok, on November 4, the official deadline to close talks.
RCEP can be particularly beneficial for India, says reportRediff.com31 Oct 2019
The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.
Sops to exporters under MEIS may be extended till March 31Rediff.com22 Oct 2019
Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.
Who is benefitting from India's Free Trade Agreements?Rediff.com30 Sep 2019
Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.
Indo-US trade deal caught in ICT webRediff.com26 Sep 2019
ICT products make up a minuscule $ 407 million, out of the $ 35.54 billion of total inbound shipments from the US, as of now.
Nitin Gadkari's mega plan for small bizRediff.com3 Sep 2019
The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.
Flipkart 'beaten' by govt e-commerce platformRediff.com5 Aug 2019
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
Exports fall in June, 2nd time in one yearRediff.com16 Jul 2019
According to data released by the commerce and industry ministry, exports stood at $25.01 billion in the month. The fall is only the second time exports contracted in the past year.
UAE urges India to revise air services pactRediff.com25 Jun 2019
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
India hits back at Uncle Sam with tariff hikesRediff.com15 Jun 2019
The commerce department has said that earnings through the new tax will equal the losses faced by Indian industry after the US tariffs on steel and aluminium.
India likely to be among top 20 global FDI sources by 2021Rediff.com14 Jun 2019
While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.
Goyal focuses on exports, industry growthRediff.com8 Jun 2019
Work on a dozen decisions to start by next week.