NASSCOM pegs FY20 revenue growth at 7.7% at $191 bn for IT industry in current fiscal; sector adds 2 lakh jobs
The IT industry body had last fiscal discontinued an over two-decade-old practice of forecasting revenue growth, citing the fast-changing dynamics of the industry.
Retail sector cannot grow with protectionism, says BS Nagesh; asks offline retailers to use Internet to widen reach
There is access to 120 million consumers and reach across the country, which offline retailers must use, BS Nagesh said
The increasingly bitter trade war between the world’s two largest economies sharply escalated on Friday, with both sides levelling more tariffs on each other’s exports.
Rising protectionism, commodity prices, inadequate liquidity are major challenges for exporters: FIEO
Sahai said that the other two challenges include fluctuation in commodity prices and inadequate availability of credit as banks are not coming forward to lend exporters.
Nasscom ends annual growth forecast, says industry faces major risks from increasing protectionism, lack of talent
The apex software industry lobby Nasscom on Wednesday ended the practice of forecasting annual growth and said it was cautiously optimistic about 2019, citing rising global economic uncertainties arising out of trade wars and protectionism
Centre, states, industry representatives to discuss ways to boost export on 10 Jan; Suresh Prabhu to chair meet
Since 2011-12, India's exports have been hovering at around $300 billion. During 2017-18, the shipments grew by about 10 percent to $303 billion.
IT industry to infuse big buck in automation, AI in 2019; faces threats from data curbs, rising protectionism
The IT industry body has projected exports to grow at 7-9 percent for 2018-19, almost same as the previous fiscal, but domestic revenue may grow faster at 10-12 percent.
Former President Pranab Mukherjee raises concerns over growing protectionism, says it affects outcome of world trade
Pranab Mukherjee said he was the signatory to WTO document and agreement on behalf of India
SCO Summit: Sushma Swaraj says protectionism should be rejected, reaffirms belief in 'open' economic globalisation
External affairs minister Sushma Swaraj in her address to the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers raised the issue of protectionism.
China releases list of 106 US products to face 25% additional tariffs; list includes planes, trucks, chemicals, soybeans
China announced on Wednesday that it will impose additional tariffs of 25 percent on 106 US products including soybeans, autos and chemicals
Issues like tighter controls on visas may have some bearing on Indian IT sector but will not be a "showstopper" for its overall growth, Nasscom said
China commerce minister warns United States on tariffs, says trade war will bring only disaster to global economy
Any trade war with the United States will only bring disaster to the world economy, Chinese commerce minister Zhong Shan said on Sunday, as Beijing stepped up its criticism on proposed metals tariffs by Washington amid fears it could shatter global growth.
World Economic Forum: In Davos, European leaders to push back against Donald Trump's 'America First' message
European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before US president Donald Trump arrives to deliver his “America First” message
If Arvind Panagariya’s exit has to do with making NITI Aayog a more happening place, then there’s some hope; if it has anything at all to do with the swadeshi lobby being unhappy, it doesn't augur well
Angela Merkel calls G7 talks 'unsatisfactory,' says leaders 'in dark' about Trump's climate change intentions
Angela Merkel said that Donald Trump's G7 partners remained in the dark about his intentions on climate change, calling the debate at Sicily "very unsatisfactory"
It is clear that India has adopted an increasingly protectionist attitude against steel tyrants like China and Russia who were earlier dumping low priced steel
Wipro's muted outlook comes as Indian software service firms brace for new visa rules in the US and growing protectionism in countries such as Australia and New Zealand
"As for China, the Chinese government is unlikely to sit idly while India harms the interests of Chinese companies."
Though Donald Trump's anti-migrant, "America-first", protectionist and anti-Islam stand is not new, they are no longer mere campaign speeches but a preview of how America is going to behave towards the world with Trump as the 45th president of the United States of America, and that should worry all including India
Google CEO, Sundar Pichai told the Economic Times, that the prime minister's demonetisation move was a bold one for a country like India, and if things turn out as intended, it could propel the country to global ranks in terms of digital payments.