M Rafeeque Ahmed discusses revenue deficit, exports and leather trade with Rediff readers.
Rising cost of credit and infrastructure bottlenecks are hurting the export sector, says Rafeeque Ahmed, President, Federation of Indian Export Organisations.
The leather industry is looking for export destinations other than the crisis-hit Europe, which accounts for 60 per cent of its revenue.
Karnataka High Court has set aside the conviction of Jayalalithaa.
India imports about 25 million tonnes of oil from Iraq each year.
TN sources hides from Aurangabad, Kalyan, etc.
India Inc on Tuesday expressed disappointment over the Reserve Bank increasing the key rate by 0.25 per cent and hoped that banks would refrain from hiking lending rates as such a move will scuttle economic recovery.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
150,000 people are being rendered jobless.
Many economists say only a substantial rise from October would point to a real recovery.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.