41 results found
Despite China becoming India's biggest trading partner in 2011, the bilateral trade has seen a downward trend since then, with 2013 registering a 1.5% decline. The current trade deficit with China stands at $ 31.42bn. Alarming levels of deficit has now cast a shadow on the once flourishing trade.
Prudence lies in following the Chinese strategy of subordinating muscular diplomacy to economic growth. It remains in India’s interest to adhere to the open economy model.
With a trade deal unlikely, New Delhi must calibrate the costs and benefits of the U.S. President’s political tour
The EU as a whole versus the EU member states’ approach towards China shows a paradox that will be hard to fix
Europe’s relationship with China has transformed in recent years, with Chinese behaviour and actions now increasingly at odds with European values and interests. As Europe adjusts to new global realities amid a full-fledged war, the European Union (EU) and its member states are recalibrating their strategies and relationships with China. This paper aims to decipher these evolutions by assessing the EU approach and those of certain key European
The need for a more multipolar global currency system is being raised amidst the rise of newer currencies and growing criticism of the US dollar
In India, although a complete overhaul of the trade invoicing system is not feasible, de-dollarisation can be complemented with the internationalisati
This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt
A normal monsoon and the consequently softer inflation in food prices could force RBI’s hand on both its policy stance as well as on the policy rate
Despite the growing political instability in Nepal, the government needs to take bold steps to revamp the economy
With its current status as the seventh largest global economy, but only the twentieth largest goods exporter — the extent to which India will benefi
If the current economic crisis in Nepal continues, it could lead to a Sri Lanka-like crisis
China and India talking RCEP is a good beginning, but there is a long way ahead
India's total trade deficit with the world now is USD 13472.18 millions. A major component of Indian exports is agricultural commodities. The northeastern region performs well in horticulture. However, challenges to the produce finally turning into exports remain unaddressed for long.
India pulled out of the planned Regional Comprehensive Economic Partnership (RCEP) in 2018 after entering negotiations in 2013. India has a trade deficit with 11 out of the 15 RCEP countries and some analysts have theorised that India decided to opt out of the agreement because of such adverse trade balance. Indeed, India has a trade deficit with most of its trade partners in past free trade agreements (FTAs). It is in this context that this br
All of our neighbours run huge trade deficits with India which is not good for promoting harmonious relations. Basically, the whole South Asia is India-centric and instead of playing the big brother, India can afford to be generous. It will be beneficial to us in the long run to have peace and prosperity in the region.
As India’s competitive efforts to augment itself as a global manufacturing hub expand, AITGA’s future success is critical to addressing its unfavo
India-Russia relations need a paradigm shift in the relationship from a “seller-buyer” format to a more strategic foundation
The success of not signing the RCEP should be measured by the extent to which India is able to align the goals of its foreign trade policy.
Reducing the trade deficit is essential for economic growth. Better policymaking can aid to that end.
The recent shrinking of the trade deficit to $6.7 billion in September (from $10.9 billion in August) has cheered the UPA government. However, we need to be cautious about favourable signs like a reduction of the trade deficit. Because though it is going to reduce one of the disturbing parameters that are slowing down growth, it could also be indicative of slack industrial activity.
India has played a vital role in Nepal’s quest to develop its power sector. The national forces of Nepal should take necessary steps to ensure that
Although PM Dahal signed several agreements with China during his recent visit, critics at home are dismayed that Nepal is not gaining anything concre
Beijing seeks normalisation of ties with Europe; however, for Brussels, reconciliation will be conditional on Beijing’s willingness to address funda
Saudi Arabia has been seemingly distancing itself from Pakistan, as there have been various instances of it forging strategic business ties with India
The COVID-19 pandemic has highlighted two features of the Nepal-India economic relationship: Nepal’s ballooning trade deficit, and unrestricted cross-border movement of people of both countries. Attributing the trade deficit entirely to supply-side constraints is neither accurate nor conducive to the overall health of the relationship. This brief suggests ways towards more sustainable trade relations between India and Nepal, among them, India r
Despite making headway in other aspects of its ties with China, Nepal’s inability to raise key concerns with the latter may prove costly in the long
India has to weigh carefully the gains to be had from signing the treaty, which may mean making itself vulnerable to having its markets inundated with Chinese goods.
It seems like the stakeholders in the U.S economic debate are tired with all the "economic pornography" - with all the apocalyptic warnings about debt ceilings, trade deficits, faltering housing recoveries and stubborn unemployment, and are waiting for externally created solutions.
A normal monsoon and the consequently softer inflation in food prices could force RBI’s hand on both its policy stance as well as on the policy rate
Figures can better tell the story.
The United States (US) has revoked India’s benefits under the Generalized System of Preferences (GSP) and imposed Section 232 tariffs on Indian steel and aluminium. In response, India announced retaliatory tariffs. This brief probes the ongoing trade tensions between India and the US, despite a reduction in the trade deficit. It discusses the heightened influence of the office of the US Trade Representative (USTR) and outlines its apprehensions
It is increasingly becoming clear that the battle is less about the trade deficit and more about America’s intention of preserving its global primacy.
Although Yuan appreciation is warranted, politicians in the US should be aware that this is not a panacea for global imbalances and especially their huge trade deficit. Appreciation of the Yuan will not change the import needs of the US and the widening of the trade deficit to $48.1 billion in March.
नेपाळच्या ऊर्जा क्षेत्राचा विकास करण्याच्या प्रयत्नात भारताने महत्त्वाची भूमिका बजावली आहे. हे संबंध अव्याहतपणे सुरू राहतील हे सुनिश्चित करण्यासाठी नेपाळच्या राष्ट्
नेपाळमध्ये वाढती राजकीय अस्थिरता असूनही, सरकारने अर्थव�
भारत-रशिया संबंधांना 'विक्रेता-खरेदीदार' स्वरूपापासून प�
मान्सूनची सामान्य वाटचाल त्याचा परिणाम म्हणून अन्नधान्यांच्या किमतीमध्ये उतार चढाव पाहायला मिळत आहे. यामुळे RBI ला त्यांच्या धोरणात्मक भूमिकेच्या संदर्भामध्ये सरकार स�
By forging new diplomatic relationships and establishing effective ties, Pakistan can attract more capital inflows and further enhance its economic pr
