-IndiaToday.in Higher import values of crude and petroleum products, coal, coke and electronic goods have contributed to the rise India’s trade deficit—the difference between the value of its imports and exports—rose to a record $25.6 billion this June (about Rs 2 lakh crore), almost three times the figure for the same month last year ($9.61 billion, or about Rs 76,000 crore). The spike was primarily driven by the import cost of petroleum,...
More »SEARCH RESULT
Total Matching Records found : 7
Merchandise exports affected by global slowdown but not export of services
Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture. A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...
More »As labour-intensive sectors take a hit, exports dip in March
-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...
More »Sunita Narain, environmentalist, interviewed by Bindu Shajan Perappadan (The Hindu)
-The Hindu If we oppose every solution to the problem of air pollution, how will we ever breathe clean air, asks the environmentalist Environmentalist Sunita Narain has been fighting for clean air for decades. The Delhi-based Centre for Science and Environment, with which she has been associated and now serves as director general, led the shift to compressed natural gas in Delhi, to reduce air pollution. Ms. Narain is on the statutory...
More »SC widens ban on polluting fuels
-The Telegraph New Delhi: The Supreme Court on Tuesday banned the use of Petroleum coke and furnace oil in the National Capital Region, Haryana and Rajasthan by 34 industrial groups in its efforts to bring down pollution levels that have spiked in the industrial hubs of these areas post-Diwali. These fuels, which emanate highly toxic gases, are banned in Delhi since 1996. The Centre for Science and Environment (CSE) lauded the directive as...
More »
