Can India’s exports beat global recession? Can India’s exports beat global recession? A stellar rise in India’s exports may have helped the pandemic-battered economy look up recently, but it is barely enough to suggest a turnaround for the long run. Exports as a share of gross domestic product (GDP...
What relaxed ECB norms mean for companies What relaxed ECB norms mean for companies The Reserve Bank of India last week relaxed norms for companies raising external commercial borrowings (ECBs), as part of a set of measures to stem the slide in the rupee. What are ECBs taken by Indian companies? EC...
Will India gain or lose from the China slowdown? Will India gain or lose from the China slowdown? Worries of a sustained slowdown in China as a result of its zero-covid strategy are troubling policymakers and trade experts worldwide. International crude oil prices have already declined. Why did Chi...
Is the latest GDP growth data an underestimate? Is the latest GDP growth data an underestimate? The Indian economy grew 13.5% in the June quarter, much lower than the central bank’s forecast of 16.2%. While a low base has made interpreting the data difficult, another factor may have led to a distor...
How a slowing world hurts our exports sector How a slowing world hurts our exports sector Worries of a recession in the West, and a prolonged lockdown in China, have begun impacting India’s exports. Official data shows exports in August fell from July, and remained little changed from a year ago. W...