August 2010

Uncertain trade environment

The Hindu, 26 August, 2010
The annual supplement for 2010-11 to the five-year Foreign Trade Policy (2009-14) is quite understandably devoid of major surprises. Union Commerce and Industry Minister Anand Sharma had to reckon with two developments that have constrained the trade policy.
More…

India plans to review its export sector by 2010 end: Anand Sharma

The Economic Times, 26 August, 2010
Union Minister for Commerce and Trade Anand Sharma said on Tuesday that the country was planning its next export sector review by the end of 2010.
More…

All about exporters and duty-free scrips

The Economic Times, 19 August 2010
The foreign trade policy, to be announced on Monday, is expected to offer more incentives to exporters to help them tide over the effects of a likely demand slump in their major markets such as the US and Europe.
More…

Govt. may announce sops for laggard export sections on August 23

The Hindu, 18 August 2010
Apprehending slowdown in exports in the coming months, the government is likely to announce additional sops for laggard sectors like textiles and handicrafts, in its Foreign Trade Policy review on August 23.
More…

Need for predictive gauge of climate change impact stressed

The Hindu, 18 August 2010
As the official machinery grapples to ascertain the extent of damage caused by the recent cloudburst and flash floods in Leh district that claimed close to 200 lives, experts are stressing the need for modelling the impact of climate change.
More…

India’s exports up 13.2% in July; but face slowdown

Rediff Business, 17 August 2010
India’s exports grew by 13.2 per cent in July to $16.24 billion year-on-year, a rate much lower than witnessed in the first three months of this fiscal because of the fading base effect.
More…

Exporters’ worry leavened with hope

Business Standard, 16 August 2010
Exporters begin the 64th year of Indian Independence with prayers on their lips and hopes in their hearts, tinged with a hint of despair.
More…

India, Mexico to discuss climate change, economic ties

Sify News, 16 August 2010
India and Mexico are likely to look for ways to enhance bilateral economic ties and discuss modalities to be adopted for the ministerial meeting on climate change to be held in New Mexico.
More…

East or West: Who is Trading Better?

The Economic Times, 11 August 2010
With the Indian economy slated to match the world’s largest economy, The United States of America by 2035, the global economy has been keenly watching the South East Asia area of the world map.
More…

Exporters not enthused about trade policy

The Economic Times, 11 August 2010
With the government focusing on financial consolidation, exporters are not hoping for any major incentive aside from a procedural tinkering from the annual review of the foreign trade policy later this month.
More…

Foreign Trade Policy review by month-end

Business Standard, 09 August 2010
The government is likely to review the Foreign Trade Policy (FTP) of 2009-2014 by the end of this month or early September.
More…

Exporters not enthused about trade policy

The Economic Times, 08 August 2010
With the government focusing on financial consolidation, exporters are not hoping for any major incentive aside from a procedural tinkering from the annual review of the foreign trade policy later this month.
More…

TN to have action plan on climate change

Express Buzz, 06 August, 2010
Tamil Nadu will soon devise an action plan on climate change on the lines of the national action plan to protect the State from the adverse effects of climate change.
More…

Incentives for labour-intensive export sector soon

The Hindu, 06 August, 2010
The Union Commerce and Industry Ministry, after consultation with the Finance Ministry, is understood to have finalised the list of sops to be announced for the labour-intensive export sectors that have been struggling for the past few months.
More…

Despite sops, states not ready for GST

The Economic Times, 03 August, 2010
The proposed goods and service tax has again run into trouble, putting a question mark over its rollout next fiscal. A draft of the constitutional amendments circulated to the states has failed to cut ice with many of them, some going to the extent of saying the changes were unacceptable.
More…

Inflation a major worry for policy makers

The Hindu, 02 August, 2010
In its recent review of monetary policy, the Reserve Bank of India has listed high inflation as its foremost concern. Even as food price inflation and, more generally, consumer price inflation are showing some moderation, they are still in double digits.
More…

Inflation cannot be brought to crashing halt: Montek

The Hindu Business Line, 01 August 2010
The Deputy Chairman of the Planning Commission, Mr Montek Singh Ahluwalia, said here on Saturday that “Inflation cannot be brought to a crashing halt,” as it would cause collateral damage to other sectors of the economy.
More…

‘Britain should recognise re-emerging India’

Sify News, 01 August 2010
Britain needs to recognise the opportunities presented by a re-emerging India, Business Secretary Vince Cable says, while reflecting on his visit to India as part of Prime Minister David Cameron’s delegation.
More…