Business

Despite High Reserves, External Sector of India is Vulnerable

Reading Time: 4 minutesThere are warning bells already as India’s trade deficit remained very high. This made the balance of payments situation vulnerable and it was time government became conscious of it and carried out big-ticket exports reforms as this is the right time to push exports with global trade looking up and expected to clock over 4.5 […]

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Less Prospects of a Full-Fledged Global Trade War: China Moderates Opposition to Trump Tariffs

Reading Time: 4 minutesThe Chinese had, in fact, stated that “politeness demands that China comes out with measures in response to unilateral US announcements of tariffs.” The pitch was further hyped by the US President imposing later rounds of imposts on $100 billion imports into the US, over and above those he had announced earlier. One expected that […]

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China has Lessons to Learn from US-Japan Trade Tiff: India Could Benefit from Shift in Chinese Policy

Reading Time: 4 minutesTo circumvent the trade war, China should increase its overseas investment in low-cost countries and re-route its exports to the USA. India can become a preferred destination for Chinese investment. For the past few years, China has emerged as a big-ticket investor in India, despite security concerns. In 2015, Chinese investment in India leapfrogged eight […]

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Free Trade Agreement between India and China is a Distinct Possibility

Reading Time: 4 minutesSince 2014, President Xi Jinping and PM Narendra Modi have met on several occasions. Zhong Shan said they had decided that the two countries would build a closer partnership in development and deepen cooperation in all areas. With the care and support of the Chinese and Indian leaders, the trade and economic ties between the […]

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Trade War: More Rhetoric, Less on Impact

Reading Time: 4 minutesCurrently, USA imports 90 percent of primary aluminum used domestically. Aluminum is used to manufacture diverse products from beer cans to fighter jets. US government argued that there has been a dramatic fall in aluminum industry after China forayed in the world market at a price where US makers struggled to survive. The number of […]

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High Tariffs of Trump Regressive to Global Trade: Open and Free Trade Being Challenged

Reading Time: 3 minutesTrump is championing the causes of domestic economic protection, instead of freedom. His anti-immigration policy is unwarranted and this is not going to help in reviving the US sagging industrial growth. Here’s a report, for Different Truths.  Globalisation was at crossroads at the turn of the century due to East Asian currency meltdown and the […]

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Trump Dumps Global Trading Rules for Political Gains

Reading Time: 5 minutesThe rest of the world may rail against Trump for triggering off a trade war by his action to slap 25 percent tax on steel imports and 10 percent on aluminum effective March 23, but Trump himself remained cool as a cucumber presumably under the plausible alibi that the U.S steel industry had for many […]

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Export Woes of India Continues Unabated: Need to Step up Goods and Services Exports

Reading Time: 4 minutesIndia missed the bus in early 2000 when it had an opportunity to become a global hub for manufacturing as well as services. India’s share in goods exports was less than 2 percent in world exports as against China’s nearly 14 percent. But in services exports, our performance is slightly better at around 3.5 percent […]

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Health Watch: Why Pharmaceutical Marketing Code Must be Mandatory

Reading Time: 3 minutesThe NPPA, after hearing all the stakeholders, did not agree to increase the price of stents. No wonder it would have irked the industry, which would have lobbied intensely with the government. Therefore, irrespective of whatever the government may say to justify the transfer of Bhupendra Singh as a routine affair, many people view the […]

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