Exporters need push, not pull
Bikky Khosla | 15 May, 2012
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| Fear is worse than reality, and it often turns true in the world of economy as well. Over the past few years, the world economy has been making valiant attempts at recovery, time and again raising concern about future prospects of our exporters, but fortunately most of the times, the sector has come out a winner, undermining grim business sentiments.. |
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SME Conclave – awareness on SME stock exchange
Bikky Khosla | 08 May, 2012
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| The long wait is over. Now it seems only a matter of time before the equity market opens up a big new world of opportunity to the Indian small and medium enterprise sector. With the country's two leading stock exchanges launching their respective SME exchanges recently, now our small entrepreneurs can explore the world of equity financing; but before taking that first step, I think it would wise for the sector to get prepared, understand where it can take us, and how it will benefit.. |
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Go guerrilla, get your small business known
Bikky Khosla | 01 May, 2012
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| Getting their business and products known is a big challenge for small and medium enterprises. Advertising can be a remedy, but limited funds is again an obstacle that prevents them from spending money like it's going out of style. With funds tight, every rupee matters, and everything has to be done while remaining within a small budget. Here, going guerrilla can be the perfect solution.. |
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SMEs need to unleash the power of e-commerce
Bikky Khosla | 24 Apr, 2012
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| It has often been said that fortune of a small firm can have a direct effect of e-commerce, which opens up a world of unlimited business opportunities, creating a level playing field for all and eliminating most of the real-world barriers of market entry. However, despite these potential benefits, many small business owners often complain about making little success from this platform. As a result, the distrust feeling appears.. |
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IIP blunder: More than unfortunate
Bikky Khosla | 17 Apr, 2012
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| Data is the best friend of analysts, but when wrong it fast becomes a foe. Our trade data is no exception. Last week, the Centre revised the industrial production data for January, lowering the growth rate to 1.1% from the previously reported 6.8% after detecting an error that was due to "incorrect reporting" of sugar production data — a development that has taken analysts and economists by surprise.. |
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Consistency key to successful branding
Bikky Khosla | 10 Apr, 2012
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| What is your favourite brand of laptop, hair dye, tooth paste, or peanut butter? There are thousands of companies that are producing these categories of product, but when confronted with such a. |
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Exports outlook for FY 2013: A bird's eye view
Bikky Khosla | 03 Apr, 2012
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| The Commerce Ministry has churned out another round of foreign trade data yesterday, revealing that our exports have continued to drift down. In February, overseas shipments grew 4.3 percent to $24.6 – at the slowest pace in the last three months. These statistics are, however, not shocking as it was widely anticipated that the third and fourth quarters of the last fiscal were to be challenging due to economic slowdown in European economies.. |
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Budget 2012-13 fails to inspire hope
Bikky Khosla | 20 Mar, 2012
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| The Budget is over and, to the surprise of none, the criticism continues. There is a lot of analysis, arguments and noise, from which one thing is clearly evident that the Budget has nothing to cheer the industry up. . |
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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53.10
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52.25 |
UK Pound
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86.00
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84.15 |
Euro
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70.35
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68.70 |
| Japanese
Yen |
65.50 |
63.85 |
| As on 16 May, 2012 |
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| Daily Poll |
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| Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters? |
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