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Just in:   • Hats off to Sitharaman for tax cut: Mazumdar-Shaw  • Tax sops to boost India's IT competitiveness: Nasscom  • Export key to become $5-tn economy: Niti official  • Supply shortage sends onion prices soaring to 4-yr high  • Corp tax cut to push investment flow to exports: FIEO  Last updated: 22 Sep, 2019   A much-needed boost for exports Bikky Khosla | 17 Sep, 2019 The last week saw the announcement of a slew of measures by the government to boost the export sector. It came just a day after our exports dropped by 6.05 percent year-on-year to $26.13 billion in August.    Read more.... Auto crisis Bikky Khosla | 10 Sep, 2019 Automobile sales in August witnessed the sharpest fall in overall sales since Society of Indian Automobile Manufacturers (SIAM) started recording wholesale vehicle sales in 1997-98. Industry data showed on Monday that sales in all segments    Read more.... GDP concern: Time to fight the slowdown SME Times News Bureau | 02 Sep, 2019 Gross Domestic Product (GDP) growth of the country grew 5 percent in the April-June period of 2019-20 as compared to 5.8 percent in the last quarter of the financial year and 7.8 percent in the same quarter of the previous financial year.    Read more.... Stimulus package a relief to MSMEs Bikky Khosla | 27 Aug, 2019 The government last week came out with a much-awaited economic stimulus package. Finance Minister Nirmala Sitharaman announced an array of measures to help the economy that had been suffering from a complex set of problems.     Read more.... Exports sector: Where is it heading? Bikky Khosla | 20 Aug, 2019 The Ministry of Commerce and Industry churned out monthly exports data last week. According to the latest figures, exports rose 2.25 percent y-o-y in July to $26.33 billion from $25.75 billion reported for the corresponding month of the previous year.     Read more.... Time to fight slowdown Bikky Khosla | 13 Aug, 2019 With trade tension between the two largest economies – US and China – showing no sign of improvement, multinational financial services firm Morgan Stanley has warned that the global economy is inching toward a recession    Read more.... Growth slowdown Bikky Khosla | 05 Aug, 2019 Discussions abound these days on the Indian economy losing its steam. With a sizeable number of indicators of the consumer economy flashing red, the concern seems to have reasonable grounds.     Read more.... TI Logistics: Shipping made easy Bikky Khosla | 29 Jul, 2019 Small and Medium Enterprises (SMEs) often struggle when it comes to logistics and shipping. While handling these daunting tasks all by itself is hardly possible for a small business, no less difficult is it even to find out a reliable and efficient delivery service provider at an affordable price.     Read more.... Demographic dividend: Skill gap a big barrier Bikky Khosla | 23 Jul, 2019 A media report on Monday said that the working-age population (people between 15 and 64 years of age) of the country has grown larger than the dependant population (children aged 14 or below and people above 65 years of age) since 2018.     Read more.... Budget neglects export sector! Bikky Khosla | 16 Jul, 2019 Highlighting the importance of exports on a country’s economy, the latest Economic Survey said rightly that when an economy is in a virtuous cycle, investment, productivity growth, job creation, demand and exports feed into each other.     Read more.... MSME-friendly Budget Bikky Khosla | 08 Jul, 2019 Union Finance Minister Nirmala Sitharaman last week presented the first budget of the Modi government in its second term. She laid down a 10-point vision to transform India's economy to reach USD 5 trillion by 2025.     Read more.... Will Budget bring cheer to MSMEs Bikky Khosla | 01 Jul, 2019 Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Indian economy …. This sector is key to addressing the lingering job crisis in the country. This is what we often hear in speeches.    Read more.... GST Council meet Bikky Khosla | 25 Jun, 2019 The 35th GST Council meet, held in New Delhi last week under the chairmanship of Union Finance Minister Nirmala Sitharaman proved a mixed bag. It did not deliver any big surprises, but introduced some minor changes only to the existing structure and procedures under the GST.     Read more.... Paving the way for exports Bikky Khosla | 18 Jun, 2019 Merchandise exports grew 3.93 percent year-on-year to $29.99 billion in May. Imports were 7.76 percent higher at $45.35 billion during the month.     Read more.... Fixing the economy Bikky Khosla | 11 Jun, 2019 The last week saw some important developments which augur well for the economy. First, the government formed two new cabinet committees to check the declining trend in growth, generate employment, spur demand and push consumption    Read more.... GSP withdrawal: Caution must be exercised Bikky Khosla | 04 Jun, 2019 The US terminated India's designation as a beneficiary developing nation under the Generalised System of Preference (GSP) trade programme, with effect from June 5.    Read more.... Thumbs up to Modi 2.0 Bikky Khosla | 27 May, 2019 Prime Minister Narendra Modi has roared back to power as hundreds of millions of Indians gave a thumping mandate to the National Democratic Alliance led by the Bharatiya Janata Party.     Read more.... Elections over, now focus must shift to economy Bikky Khosla | 21 May, 2019 With completion of 2019 Lok Sabha elections on Sunday, one of the bitterly fought election battles in recent memory has officially come to an end.     Read more.... Industrial slowdown Bikky Khosla | 14 May, 2019 The Index of Industrial Production (IIP) contracted by 0.1% in March. This was against the consensus growth expectation of 1.2%. Also, it is after a gap of 21 months the index entered negative territory.     Read more.... Manufacturing, services sectors' worries Bikky Khosla | 07 May, 2019 India’s manufacturing sector’s performance eased to an eight-month low in April. The Nikkei India Manufacturing Purchasing Managers' Index registered a reading of 51.8 in April, against the 52.6 in March.     Read more.... End of US waivers on Iran oil! Bikky Khosla | 30 Apr, 2019 US President Donald Trump has ended the waiver allowed to certain countries including India to buy Iranian oil and threatened sanctions if the embargo is not complied with.     Read more.... A look at, and beyond, GDP numbers Bikky Khosla | 23 Apr, 2019 India's GDP growth forecast for 2019-20 was lowered by multiple agencies recently. First, the ADB cut it to 7.2% from 7.6%. It was followed by the RBI’s cut to 7.2% from 7.4% and then by the IMF to 7.3%.     Read more.... Bank credit growth Bikky Khosla | 15 Apr, 2019 Bank credit rose by 13.24 per cent to Rs 97.67 lakh crore in the fortnight to March 29, while deposits grew by 10.03 per cent to Rs 125.72 lakh crore for the period, according to data released by the Reserve Bank of India (RBI) last week.     Read more.... Economic concerns amid poll heat Bikky Khosla | 09 Apr, 2019 With less than a week left for the Lok Sabha elections, our political parties are gearing up for an intense electoral battle. The ruling party has, in its manifesto, promised, among others, a     Read more.... RBI rate cut eagerly awaited Bikky Khosla | 01 Apr, 2019 Retail inflation rose at a faster pace than anticipated in February. It picked up to 2.57 percent, after easing to 1.97 percent in January. This increase in prices is mainly due to higher costs of housing, health, education services and fuel. Wholesale inflation also showed a similar trend in the month, rising to 2.93 percent from 2.76 percent in January, due to rise in prices of fuel, electricity and some household items. Both readings are still within the RBI's comfort zone, however.     Read more.... Strong Rupee, weak exports Bikky Khosla | 26 Mar, 2019 The Indian Rupee has recently seen an upward trend. Though it ended on a flat note at 68.96 per US dollar on Monday, sustained foreign fund inflows and narrowing trade deficit have helped the currency gain a lot of strength last week.     Read more.... Slowing economy needs a boost Bikky Khosla | 19 Mar, 2019 The last week saw the release of data on some important macroeconomic parameters, including exports, industrial output growth and inflation. According to the Commerce Ministry, our exports rose 2.44 percent in February while wholesale inflation for the month rose to 2.93 percent.    Read more.... GSP withdrawal Bikky Khosla | 11 Mar, 2019 US President Donald Trump last week announced that the US would end India's $5.6 billion trade concessions under the Generalised System of Preferences (GSP) programme.     Read more.... Renewed growth concerns Bikky Khosla | 05 Mar, 2019 The government last week cut Gross Domestic Product (GDP) growth estimates for 2018-19 to 7 percent, down from the 7.2 percent attained during the previous financial year. These figures are worrisome.     Read more.... Startups get a boost Bikky Khosla | 23 Feb, 2019 Startups have been reshaping the landscape of the Indian industry for quite some years now, making the country one of the largest startup ecosystems in the world.     Read more.... Export sector concerns Bikky Khosla | 19 Feb, 2019 A meeting of the Board of Trade (BoT) was convened by the Commerce Ministry last week in the national capital. It was attended by top officials from several ministries, including Commerce, Finance and Agriculture and representatives of all major industry bodies, Export Promotion Councils and industrialists.     Read more.... RBI surprises positively with rate cut Bikky Khosla | 12 Feb, 2019 The Reserve Bank of India (RBI) last week cut its policy rate by 25 basis points from 6.5 percent to 6.25 percent. It also changed its policy stance back to "neutral" from "calibrated tightening".     Read more.... Interim Budget 2019-20 Bikky Khosla | 05 Feb, 2019 The Centre presented the Interim Union Budget for 2019-20 in Parliament last week, and as was expected, the shadow of the general election fell squarely on it.     Read more.... Budget 2019: Industry, MSMEs need support Bikky Khosla | 29 Jan, 2019 The Government will present its Budget or Vote-on-Account in the Lok Sabha on February 1. With the next general elections expected in May and in the backdrop of the victories by its Opposition parties in three state polls last month    Read more.... Delayed payment: A solution coming! Bikky Khosla | 22 Jan, 2019 Late payment is a headache to small and medium enterprises. While majority of SMEs suffer from poor cash flow, still they extend credit to their clients, in fear of losing business.     Read more.... GetBizOnline: Creating your business website is now a child's play Bikky Khosla | 15 Jan, 2019 Continuing our efforts to help the business community, we, at tradeindia.com, have taken another positive step in this direction. This time it is a one-of-its-kind Chatbot App, "GetBizOnline", designed to help small and medium enterprises (SMEs)     Read more.... RBI's helping hand to MSMEs Bikky Khosla | 08 Jan, 2019 The New Year begins with good news for Micro, Small and Medium Enterprises (MSMEs).    Read more.... Archives: 2019 ( 37 )    2018 ( 53 )    2017 ( 53 )    2016 ( 51 )    2015 ( 53 )    2014 ( 360 )    Index     Customs Exchange Rates Currency Import Export US Dollar 66.20 64.50 UK Pound 87.50 84.65 Euro 78.25 75.65 Japanese Yen 58.85 56.85 As on 22 Sep, 2019   Daily Poll Is the Union Budget 2019 MSME-friendly?  Yes  No  Can't say   Commented Stories » Modi govt unrolls Rs 1.45 lakh cr tax bonanza(1)

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