Topic: Indian exports
Govt extends sugar export deadline by 3 months till December due to pandemic
The food ministry said the extension was being provided as several mills faced logistical issues to export amid the Covid situation.
China’s Covid success spurs 78% rise in imports from India, cuts trade deficit
Crisil has said in a report that Indian exports are flowing back to economies that have been successful in checking Covid spread, while falling to countries like the US, UK.
Modi govt eyes export of defence products in Indian Ocean region and Africa
A consolidated list of items for possible exports, both from the government and private sector, is being worked upon.
India’s exports dipped by 10.21% to $23.63 billion in July, says govt data
The country's imports, too, dipped 28.4 per cent to $28.47 billion in July, leaving a trade deficit of $4.83 billion.
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.
Erdogan’s assault on Macron is the height of cynicism
There was a time when Turkish President Recep Tayyip Erdogan didn’t see the West as Turkey’s enemy and even wanted to join the European Union.
Turkey waging new war of economic liberation, says Erdogan after country’s currency falls
Erogan's speech follows the Turkish lira weakening to a record low of 8.3849 per dollar on Friday.
Defence
Here is why US changed Rajnath Singh’s statement on ‘reckless aggression’ by China
Both the US State and Defense departments have added footnotes to the transcripts they released on Rajnath Singh’s remarks at 2+2. The State Department has also updated the text.
5 reasons for the crisis in global Islam
If tens of crores of Muslims across the world feel they are victims of mass Islamophobia, their holy prophet shown deliberate disrespect, it is a sense of crisis and siege.