India’s imports and exports posted considerable growth for the month of January compared to January last. December had set the trend for growth, signaling the end of recessive times for world economies.
Through its Foreign Trade Policy (FTP), India has attempted to adopt a middle approach between total conservatism and completely free economy. The prime focus has been to support domestic trade, integration with the global economy, adapt with the changing scenarios, and provide growth impetus to the Indian economy as a whole.
The process of liberalisation [...]
Abut $16.5 billion have been pumped into the Indian economy by foreign investors. The foreign inflows are extremely important so that India can build up its forex reserves and the value of the rupee increases.
The government too takes this as a healthy sign. In fact, the finance minister has recently called in for a high [...]
A substantial chunk of the GDP of India is contributed by exports and related activities. Though Indian economy is no longer seeing red, it’s global trading partners are yet to revive from the blow of recession fully.
Discussing the Indian Economy at the Economic Summit, the finance minister recently reiterated the government’s plan to stick with [...]