Sunday, 22 July, 2018

Economy

Jawaharlal Nehru Port

Weak rupee not enough to tip the scale in favour of Indian exports

Demand-killing trade war threatens Indian exports that have already been hurt by policy disruptions over the past 2 years.
Commerce Secretary Rita Teaotia addressing a delegation in Barcelona | @DoC_GoI/ twitter

India may lose trade dispute with US in WTO, says commerce secretary Teaotia

US has dragged India to WTO for providing export subsidies even as the latter's income levels cross the subsidy threshold. 
(Photo for Representation)

Trade tensions no bar as India, South Asia set to retain spring in growth, says ADB

The bank said India's economy was on track to meet fiscal year 2018 projected growth of 7.3% and accelerate to 7.6% in 2019. 
Latest news on Samsung

The world simply isn’t impressed with Narendra Modi’s make in India

Samsung's shiny new plant in Noida is more exception than norm as India's manufacturing shrinks to 15% of GDP.
Arvind Subramanian

Judge me on my work, not country of residence, says Modi’s CEA Arvind Subramanian

Subramanian denies taking up the job only to embellish his CV, says would like to return to India as the CEA of all states.
(Photo for Representation)

India set to pump Rs 13,500 crore into state banks to meet capital requirements

Govt 's infusion comes as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds.
Sensex has risen more than 12% from its March low fueled by buying from local mutual funds | Adeel Halim/Bloomberg

$10 billion investment fund finds India a ‘good place to hide’ from trade war

Fund's director says India still an outperformer among emerging markets with relatively better international flows. 
Mukesh Ambani, chairman and managing director of Reliance Industries Ltd.

Reliance plans to expand consumer biz by raising Rs 40,000 crore in fresh debt

Reliance plans to raise funds through bonds and loans even as its total debt trebled in the last five years. 
(Photo for Representation)

The conundrum facing India: Cheap Iran oil or stronger US ties

Ending oil purchase from Iran will cost India heavy bucks, but paring the trade surplus with the U.S will have its diplomatic benefits. 
India is the largest importer of Chinese solar equipment | Patrick T. Fallon/Bloomberg

India seeks 25% duty on Chinese & Malaysian solar cells to shield domestic manufacturers

The duty has been proposed by Directorate General of Trade Remedies, a unit of the commerce ministry. 

You can take Rahul out of Pappu but not the Pappu out of Rahul

A Rahul Gandhi who hugs his inner Pappu is Narendra Modi’s clear challenger and target for 2019.