Topic: Indian exports
India’s iron ore exports rise to 8-year high on China’s 20 million-tonne purchase till June
China relies heavily on imported iron ore to fulfil more than two-thirds of its demand, and purchases have jumped on robust demand from steel mills.
Balancing LAC tension with economic strategy — How India can walk the tightrope against China
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.
‘Atmanirbhar Bharat’ needs both import-substitution and export industrialisation
The Modi govt has tried to avoid labels of protectionism, but one can see presence of import-substitution policies in the govt’s post-Covid-19 stimulus package.
FIEO expects 20% fall in export during FY21 over coronavirus pandemic
Federation of Indian Export Organisations, the apex body of exporters requested the govt to provide 2% additional MEIS support to all exports & 4% to labour-intensive sectors.
India to miss sugar export target as lockdown disrupts ports
India won’t be able to ship 5 million tons in the year to September, as expected earlier, because of a shortage of labor at ports and mills.
Economic costs for India may be huge if COVID-19 fallout lasts 6 months: Arvind Panagariya
In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya welcomes rupee depreciation as it will make Indian exports more competitive.
Indian exports could take a hit as world food prices dip in February due to coronavirus
The FAO Food Price Index fell 1% from January, with vegetable oil, meat, and cereal indices registering a decline.
Modi govt keen on trade pact with Australia as RCEP takes backseat
New Delhi wants to resume negotiations on the long-pending Comprehensive Economic Cooperation Agreement with Australia, talks for which stalled in 2015.
Why I am disappointed with Budget 2020 but also think it’s a realistic one: Gurcharan Das
Finance Minister Nirmala Sitharaman should have admitted that Indian economy was in a crisis, and then explained how she planned to get us out of it.
Modi govt now wants Egypt to buy surplus wheat, after refusing Turkey and desperate Iran
Egypt's main wheat buying agency is looking to purchase 6,00,000 MT of soft or milling wheat and India is eyeing this contract.
Coronavirus is complicated, so let’s stop moralising while analysing it
Temptation to moralise is a strong human propensity. But it stems from same reckless impatience that worsened our response to Covid in the first place.
These are the world’s most miserable and least miserable economies of 2020
The Bloomberg’s Misery Index tallied inflation and unemployment outlooks for 60 economies. Almost all the economies surveyed are projected to be more miserable this year.
Defence
Document saying sensitive Ladakh standoff likely to be prolonged removed from MoD website
In the official document, now taken down from its website, defence ministry also said Chinese aggression increasing along LAC and 'more particularly' in Galwan valley since 5 May.
Modi govt’s NEP is out of touch with reality, Indian voters want English-medium education
State leaders with their ear to the ground, like Nitish, Mamata and Yogi, have shown that the push for native language education is not what voters want.