Another stimulus package for exporters?
Bikky Khosla | 03 Nov, 2009
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| Although several industry sectors are showing signs of revival, Commerce and Industry Minister, Anand Sharma's statement that the government may offer more incentives for exporters came as good news - no doubt about that. . |
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Volatile rupee, Chinese support not helping exporters
Bikky Khosla | 20 Oct, 2009
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| The problems for exporters seem to be never-ending. As the global markets were showing some signs, whatsoever, of improvement, the current appreciation and volatility of the rupee against the US dollar, owing to robust capital inflows into the stock markets, has risen its ugly head and small exporters are likely to be hit most if this trend persists for long.. |
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Acting smart and raking in the moolah even during recession
Bikky Khosla | 06 Oct, 2009
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| Market dynamics have changed considerably in the last few months. Although many SMEs went out of business owing to poor demand, several others have made huge profits. This disparity perhaps calls for a thorough look at the business module of one's business.. |
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G-20 Summit - India comes through a winner
Bikky Khosla | 29 Sep, 2009
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| The recently concluded G-20 Summit had at least two positives, if not more. Firstly, the virtual burial of the G8 grouping of rich nations and secondly, now the developed countries will look at the developing nations in a new light. And India, under the leadership of our Prime Minister, Dr. Manmohan Singh, perhaps emerged as an economy to reckon with.
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SME task force - moving in the right direction
Bikky Khosla | 15 Sep, 2009
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| After decades of neglect and struggle, it could now be the light at the end of the tunnel for micro, small and medium enterprises (MSMEs). In what could be a major paradigm shift in considering issues pertaining to MSMEs, the Prime Minister Dr Manmohan Singh has constituted an 11-member high-level task force for the sector which will be headed by T. K. A. Nair, Principal Secretary to the Prime Minister.
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WTO trade talks — breaking the logjam
Bikky Khosla | 08 Sep, 2009
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| Just as I was wondering how long these WTO talks, which seek to further open up global markets in goods & services, would continue, came a breakthrough of sorts in the negotiating nations' meet held recently in New Delhi. Much has been invested in these negotiations and any breakthrough is always welcome.. |
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Foreign Trade Policy - aiming at continuity, stability
Bikky Khosla | 01 Sep, 2009
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| The recently announced foreign trade policy (FTP) in the current difficult times was indeed a tough task, but our Commerce Minister, Mr Anand Sharma, has done a fairly good job. Two facts in the blueprint of the 2009-14 Foreign Trade Policy that came as good news was the realistic target of $ 200 billion in the next two years and the focus on 26 new markets.. |
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| Commented Stories |
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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47.30
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46.40 |
UK Pound
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77.50
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75.55 |
Euro
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70.65
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68.90 |
| Japanese
Yen |
51.60 |
50.15 |
| As on 07 Nov, 2009 |
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| Daily Poll |
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| Do you agree the government should announce another stimulus package for the exporters? |
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