Exports

The performance of India Inc continued to weaken under multiple headwinds during Q3 FY2020, said ICRA Ltd on 6 Feb 2020.

The banking sector is reading positive notes from the 2020 Budget tabled in parliament on 1 Feb 2020 by Finance Minister Nirmala Sitharaman.

The Union budget has attempted at structural changes in agriculture, horticulture and pisciculture, through 16 Action Points, to make India a major player in agro and allied sectors exports in medium to long term basis besides simultaneously doubling our farmers...

Trade between India and Brazil is expected to grow to US$15 billion by 2022, Commerce and Industry Minister Piyush Goyal said in Delhi on 27 Jan 2020.

Japan’s Technological Development of Information Processing Co Ltd (TDI) will introduce Artificial Intelligence, IoT, and Robotics in India through a strategic alliance with Cogniscient Business Solutions Pvt Ltd (CBS).

It is also clear that the draft rules to regulate all medical devices in India will take the center stage in 2020, according to a report by Nishith Desai Associates, a Mumbai headquartered legal consultancy.

The Cabinet has approved the signing of the Memorandum of Understanding (MoU) between Republic of India and Brazil on cooperation in the field of oil and natural gas.

The Federation of Indian Export Organizations (FIEO) has presented its wishlist for 2020-21 Budget, calling for double tax deduction scheme for internationalization of MSMEs and more shipping capacity in the country.

India has not been able to take advantage of the Free Trade Agreements (FTAs) due to the poor quality of Indian goods or due to Non-Tariff Barriers (NTBs), Commerce and Industry Minister Piyush Goyal has said.

The Indian exports is passing through a very tough and challenging times, said FIEO President Sharad Kumar Saraf, adding that global players including China was also losing its sheen in exports.