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.
The Reserve Bank has extended the scheme for providing concessional credit to exporters for two more months till June 30, as they are still to fully recover from the demand slowdown overseas.
If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.
iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.
The deficit for the month stood at $6.7 billion, the lowest level since March 2011, compared with $10.9 billion in August, the trade ministry said.
India's Directorate General of Foreign Trade on March 25 banned the export of Hydroxychloroquine but said that certain shipments on humanitarian grounds may be allowed on a case-by-case basis. With more than three lakh confirmed cases of coronavirus infection and over 8,000 fatalities, the US has emerged as the worst sufferers of the deadly coronavirus diseases to which there has been no cure.
Triumphalism, premature declaration of victory meant no one checked if India had enough vaccines, oxygen, remdesivir, bringing us back to a crisis where we need foreign aid after four decades, asserts Shekhar Gupta.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
RBI should monitor export credit offtake and how well banks implement its instruction.
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
The country's largest carmaker Maruti Suzuki India on Wednesday said its flagship export model, A-Star, has crossed one lakh-mark of overseas shipments in less than a year of selling the car in the global markets.
The company, headed by NRI billionaire Laxmi N Mittal, had clocked $0.345 billion net loss in the January-March quarter of the last year.
Worldwide personal computer shipments in 2004 rose 14.7 per cent year-on-year to touch 177.5 million units but in 2005, the growth is expected to slow down to 10 per cent, according to analyst firm IDC.
Quanta also manufactures laptops for Hewlett-Packard and is the main assembler for the smartwatch released recently by Apple.
Rising tensions over eating beef in Hindu-majority India are starting to hit the multi-billion dollar buffalo meat trade.
India's rice export is estimated to have reduced by a half to nearly 2.5 million tonnes in 2008-09 against the previous fiscal, though overseas shipment of the commodity has remained at about the same level in value.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.
The trade gap - difference between imports and exports - was $11.39 billion in March 2015.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
The company shipped the first lot of 140 units of its hatchback Chevrolet 'Beat' from the Mumbai port to Chile last Thursday.
Cumulative exports during April-August of 2017-18 rose by 8.57 per cent to $118.57 billion
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
According to a report in the Daily quoting a senior administration official, there was a "tiny slice" of personal protective equipment left over.
'Had a very fruitful meeting with Iranian defence minister Brigadier General Amir Hatami in Tehran. We discussed regional security issues including Afghanistan and the issues of bilateral cooperation,' Singh said in a tweet.
The massive coal mine in Queensland state has been a controversial topic, with the project expected to produce 2.3 billion tonnes of low-quality coal.
The rule required firms to mandatorily export 20 per cent of the gold they had imported.
Among other things, the e-commerce players will have to display the total 'price' of goods and services offered for sale, mention the 'expiry date' of goods and the 'country of origin' of goods and services.
COVID-19 has emerged as an important form of diplomatic currency around the world as nations try to showcase their soft power gains. In this race, India has an edge as India is already a pharmaceutical giant having produced some 60 per cent of global vaccines and now justly seeking to strengthen ties and expand its influence in its neighbourhood and beyond, observes Dr Rajaram Panda.
'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'
A number of smartphone players such as Xiaomi, Samsung, LG and Micromax also have smart TVs in their product portfolio.
The rupee export credit interest rate scheme, under which exporters get loan at 250 basis points lower than the prime lending rate, has been extended till April 30, 2009. It was to expire by this month-end.
Major IT firms such as Tata Consultancy Services, HCL Technologies, Infosys, Cyient, and L&T Technology Services have direct exposure to Boeing or its suppliers' ecosystem, which comprises engine manufacturers, body suppliers, and avionics providers. These firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme.
As the coronavirus outbreak enters its fifth month, the UN Children's Fund (UNICEF) requested $1.6 billion to support its humanitarian response for children impacted by the pandemic. The health crisis is 'quickly becoming a child rights crisis. And without urgent action, a further 6,000 under-fives could die each day', it said.
October shipments to India, the world's No.2 gold consumer behind China, jumped to about 150 tonnes from less than 25 tonnes a year earlier and 143 tonnes in September, a finance ministry official said last week.
Gold-silver ratio indicates more upsurge possible for the white metal.
Shares of Ranbaxy Laboratories on Friday slumped as much as 20 per cent in the morning trade after the USFDA prohibited the company from producing and distributing drugs for the American market from its Toansa plant in Punjab.
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