Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.
The global trading order has been disrupted by Covid. New supply chains are being explored & new connections are being made. India simply can’t afford to turn its back on trade.
Share of Indian export to Asian countries has dropped in the past decade despite forging major free trade alliances but it has gone up in traditional markets like US and Europe.
Customs Act allows Modi govt to prohibit imports from China. But the law's compatibility with WTO norms brings legal hurdles. That's where Atmanirbhar Abhiyan comes in.
EU & India have been planning a free trade deal since 2007. Now, as PM Modi virtually meets EU leaders, high-level trade dialogue expected to be announced.
International trade is set to get a new lease of life as Covid-hit countries learn the value of global supply chains in the fight against the pandemic.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
Mr. Gupta’s view on the RCEP is totally different from that of Ms. Ila Patnaik (20 Dec article on the same subject).
I fully agree with Ila and not with Mr. Gupta.
To say that protectionism and high tariffs are good for Indian businessmen does not tell the full story. Some are doing well, of course, attracting charges of cronyism. However, my heart tells me that the last few years have not in fact been very good for most of them. This is a falling tide, and lots of boats are getting grounded. Including a number of ships.
We are moving back in time, to a pre 1991 India. No matter how it is packaged or marketed, opting out of RCEP is not good for India. Either our economy or even our diplomacy. 2. Read a column in IE recently which divided the history of modern India into economic phases. The worst record on delivering increases in per capita income – stagnation, almost a decline – was two decades of Mrs Gandhi, the Garibi Hatao woman. We are reminded of that phase now, of strong governments and weak growth.
Mr. Gupta’s views are totally different from Ms. Ila Patnaik’s on RCEP issue; I agree with Ms. Ila’s opinion.
Mr. Gupta’s view on the RCEP is totally different from that of Ms. Ila Patnaik (20 Dec article on the same subject).
I fully agree with Ila and not with Mr. Gupta.
To say that protectionism and high tariffs are good for Indian businessmen does not tell the full story. Some are doing well, of course, attracting charges of cronyism. However, my heart tells me that the last few years have not in fact been very good for most of them. This is a falling tide, and lots of boats are getting grounded. Including a number of ships.
We are moving back in time, to a pre 1991 India. No matter how it is packaged or marketed, opting out of RCEP is not good for India. Either our economy or even our diplomacy. 2. Read a column in IE recently which divided the history of modern India into economic phases. The worst record on delivering increases in per capita income – stagnation, almost a decline – was two decades of Mrs Gandhi, the Garibi Hatao woman. We are reminded of that phase now, of strong governments and weak growth.