Instead of abrupt and stringent measures, Modi govt should focus on long-term solutions to tackle fluctuations in the prices of agricultural commodities.
Europe's share in Indian exports has gone up while Asia’s share is declining. The problem for India is: Europe’s economy is expected to struggle while Asia is set to drive global growth.
Modi govt needs to own its globally disruptive policies taken in India's interest. The suddenness of export bans hurt India's friends and go against its vishwa guru ambitions.
In latest move, China put export curbs on 2 chipmaking minerals. Experts say long-term impact of such tactics will be less on markets and more on geopolitics of global supply chains.
So far, reversal of trade-policy reforms was confined to jacking up tariffs, but govt has re-introduced physical controls, regressing to the mindset that created the licence-permit raj.
Malaysia will halt exports of 3.6 million chickens a month from 1 June, which is likely to hit countries like Singapore, Thailand, Brunei, Japan and Hong Kong.
Modi govt's ‘deal’ for the farmer is: ‘Heads I win, tails you lose’. Just when farmers might receive a decent price, the govt floods the market with imports or bans exports.
The US-based think tank, IRI, released its a pre-election assessment of Bangladesh. It dismantles Awami League’s narrative that the student movement was a 'foreign-inspired conspiracy.'
Sanctions, limitations are imposed to create 'unfair competitive advantage' for the West, says Alexander Stuglev. But, he adds, they have also created huge potential for new players.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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