-Financial Express Big e-commerce companies having deep pockets are leaving no stone unturned in monopolizing the e-commerce business and retail trade of India with their malpractices and violating FDI policy, traders’ body Confederation of All India Traders (CAIT) said in a letter to Prime Minister Narendra Modi on Sunday. CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence...
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Lessons from Vietnam and Bangladesh -Ajay Srivastava
-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
More »Rs. 517.82 Crore Spent On Modi’s Foreign Visits Since 2015
-PTI/ Outlook India Prime Minister Narendra Modi has visited 58 countries since 2015. Modi's last trip was to Brazil on November 13 last year. Prime Minister Narendra Modi has visited 58 countries since 2015. "The total expenditure on these visits was Rs. 517.82 Crore," Minister of State for External Affairs V Muraleedharan said in a written reply in the Rajya Sabha. According to the details provided by Muraleedharan, the Prime Minister made...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »The silver lining in India’s export performance -howindialives
-Livemint.com/ howindialives.com The recovery of India’s Foreign Trade from the pandemic is patchy. But it’s better in exports than in imports On 15 Aug, standing on the Red Fort ramparts, Prime Minister Narendra Modi reiterated his government’s economic vision of self-sufficiency, adding that India would aim to become the supplier to the world. A day earlier, India had reported its latest trade numbers, and for the second successive month, India’s goods exports...
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