Economy

A few policy catalysts to boost bilateral cooperation There is a huge potential for diversifying India’s exports especially into project exports to the Gulf Cooperation Council (GCC) markets, says a study by Export-Import Bank of India. While India’s trade relations...

Essential to remove barriers in EU-India trade Commerce & Industry Minister Piyush Goyal hopeful of working with the European Union on a Free Trade Agreement (FTA), possibly starting with a Preferential Trade Agreement for an early harvest to get faster...

A steady economic recovery on the anvil India Inc is estimating a capacity utilisation of more than 50% in the second half of this financial year as the country emerges from COVID-19 lockdown, reported CII, citing CEOs of top 115...

Ruling to check on undue FTA claims The Government has introduced the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020) with effect from 21 September 2020 with a focus to prevent undue claims of Free...

Economic recovery to be long-drawn and uneven The aggregate consumption and investment demand is likely to remain dull in the near term amid the continued economic uncertainty and health concerns in India, said Jitin Makkar, Head-Credit Policy, ICRA Ltd. Weak...

Envoy highlights ambitious sustainable targets set by India-Netherlands. Stakeholders and influencers, including policymakers, industry bodies, OEMs, private enterprises, and sector experts will be collaborating under an arrangement between NITI Aayog and the Dutch Embassy in New Delhi. The comprehensive collaboration...

NSE-SGX to work on NSE IFSC-SGX Connect Major international capital market participants are set to boost trading at the Gujarat International Finance Tec-City (GIFT) which has formalized an agreement to cement key terms for operationalising the NSE IFSC-SGX Connect with...

Call for Govt support-handholding during the crisis Business sentiment has bounced back as the economy and business activity has resumed but a call has been made for the Government handholding. “It is heartening to note the recovery in CII’s Business...

Industry wants to unlock business potential The Indian Gem and Jewelery is accepting the concept of the virtual exhibition, following the two-day online show which also drew international participants including the US, UK, China, Hong Kong, Turkey, Middle East, Germany,...

Financial profiles of PSBs weak The proposed divestment of Public Sector Banks (PSBs), already having weak credit profiles, will require an amendment to the Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970/1980, which states that the Government holds not...