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Molten steel is poured at a factory in Haryana | Udit Kulshrestha/Bloomberg

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.
Representational image for India-China relations | File photo: Bloomberg

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.
Illustration by Arindam Mukherjee | ThePrint

‘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.
An employee walks past gantry cranes loading shipping containers onto trucks from the Cosco New York container ship docked at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust (JNPT), in Navi Mumbai. Photographer: Dhiraj Singh | Bloomberg

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.
Former Niti Aayog vice-chairman Arvind Panagariya



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.
Wheat crop (representational image) | Commons

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.
A file photo of Prime Minister Narendra Modi during the ASEAN summit in Bangkok. | Photo: ANI

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. 
Illustration by Arindam Mukherjee | ThePrint

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.
Representational image for wheat | Photo: Bloomberg

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.

On Camera

CPM State Committee members carry out a peaceful protest against the TRS government on Kairtabad X Road, in Hyderabad on 29 June 2020 | ANI

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.
People walk along Wall Street as the coronavirus keeps financial markets and businesses mostly closed in May, 2020 in New York City. | Photo: Spencer Platt | Bloomberg via Getty Images

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

Representational image of military equipment in Ladakh | Photo: ANI

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.
Illustration by Soham Sen | ThePrint

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.