imports from China at $76.4 billion.In terms of the number of goods imported from across the border, the share of the 327 sensitive products was less than 10% of the 4,000-odd items that were imported from China. The study, which was shared with TOI, estimated that in case of 82%, or over 3,300 products, China was not the most competitive producer.But there are also products where China is the sole exporter. The product base ranges from everyday-use items such as earphones and headphones to microwave ovens and certain types of washing machines. The list also has several types of machinery, some auto components, escalator components, certain acids and chemicals and fertiliser like diammonium phosphate, where China is the sole supplier.“It is possible to produce some of the products domestically if other sources are not immediately available,” RIS director general Sachin Chaturvedi told TOI. The RIS paper suggested taking a strategic view while deciding on alternative sources … [Read more...] about China not the most competitive producer in 82% imports: Study
In just weeks we could almost stop the viral fire that has swept across this country over the past six months and continues to rage out of control. It will require sacrifice but save many thousands of lives. We believe the choice is clear. We can continue to allow the coronavirus to spread rapidly throughout the country or we can commit to a more restrictive lockdown, state by state, for up to six weeks to crush the spread of the virus to less than one new case per 100,000 people per day. That’s the point at which we will be able to limit the increase in new cases through aggressive public health measures, just as other countries have done. But we’re a long way from there right now. The imperative for this is clear because as a nation what we have done so far hasn’t worked. Some 160,000 people have died, and in recent days, roughly a thousand have died a day. An estimated 30 million Americans are collecting unemployment. On Jan. 30, when the World Health … [Read more...] about Here’s how to crush the coronavirus until vaccines arrive
The fourth reason that might make Air India attractive is the fact that 55 per cent of its aircraft are owned by it - the new investor could monetise by selling the aircraft and leasing them back to generate upfront cash and use it for partly paying off its long-term loans. … [Read more...] about With Jet out of the skies, will Air India now find suitors?
This is the first time in a month-and-a-half that any country’s cases have grown faster than the US’s. The last time this happed was on June 25, when Brazil was reporting a steady spike in cases and the second surge of cases in the US was only kicking off. … [Read more...] about India’s trajectory a worry as world nears 20 million Covid-19 cases
Endiya Fund II seeks to invest in 16-20 start-ups, from $500,000 to $1 million in Seed/Pre-series A rounds and planned investments of upto $5 million per company. It has a corpus target of ₹500 crore ($65 million) and already completed its first close at ₹280 crore ($40 million) in May 2019. Limited partners in the Fund include financial institutions, corporates and family offices across India, Europe, and the U.S. … [Read more...] about IFC to invest $10m in Endiya Partners fund