Amiti Sen

  • Team heads to Africa on quality mission

    Team heads to Africa on quality mission

    India is sending a delegation to African countries to put in place a fool-proof system regarding the sealing and packaging of export consignments in light of a recent incident where Chinese-made spurious drugs carrying ‘Made in India’ labels were seized by Nigerian authorities.

    Coming soon, cheaper loans for SEZ developers

    Coming soon, cheaper loans for SEZ developers

    The government may soon release a new set of rules that will make domestic borrowing cheaper for developers of special economic zones (SEZs), thereby boosting investment in these tax-free manufacturing hubs.

    Tax break for IT SEZs only with prospective effect

    Tax break for IT SEZs only with prospective effect

    While finance minister Pranab Mukherjee kept his interim-budget promise of removing the tax anomalies, which prevented IT companies from enjoying 100% tax exemption on their SEZ unit profits, the move came with a catch.

    Fake drugs reach Kenya now

    Fake drugs reach Kenya now

    Kenyan govt seized two container loads of medicines shipped from Shanghai bearing a 'government of Kenya' label falsely indicating that it was manufactured in Kenya.

    Worst is over but complete recovery eludes

    Worst is over but complete recovery eludes

    Survey calls for easing curbs on FDI, decontrolling sugar and fertiliser industries, limiting price control to essential drugs & creating internet-enabled data system.

    Exports unlikely to revive this year

    Exports unlikely to revive this year

    A recovery in India’s export performance may not happen this year and may have to wait until 2010, a key government document warned on Thursday, as it urged a continuation of stimulus measures aimed at boosting the sector.

    TUFS fabric likely to get a double ‘knit’

    TUFS fabric likely to get a double ‘knit’

    The textile ministry has approached the finance ministry with a proposal to double the fund allocation of a scheme that provides funds to the industry at benign interest rates.

    Denotified SEZs to refund sops

    Denotified SEZs to refund sops

    Developers of denotified special economic zones (SEZs) will have to refund tax sops given by the government, according to new rules on the anvil, a government official said.

    WTO gets ready to put Doha negotiations back on track

    WTO gets ready to put Doha negotiations back on track

    The World Trade Organisation (WTO)—the multilateral rule-making body for global trade in good & services—is ready to renew its efforts after a lull of six months to put the ongoing round of trade talks on contentious agriculture issues back on track.

  • Amiti Sen

    We’ve got Visa power!

    India and Pakistan have once again proved to all skeptics that when they talk business, they mean business! The signing of the new bilateral visa agreement replacing the restrictive 37 year old pact is yet...

    Amiti Sen

    Chinese Checkers

    It may not be easy for Indians to love the Chinese. But it is impossible to hate them. Yes, they do flood us with cheap products ranging from diyas and crackers to chemicals, metals, electronics...

    Amiti Sen

    Economics scores over mindless patriotism

    If Pakistan needed to show proof of its sincerity in wanting closer economic ties with  India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...

    Amiti Sen

    Economics scores over mindless patriotism

    If Pakistan needed to show proof of its sincerity in wanting closer economic ties with  India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...

    Amiti Sen

    India-EU FTA–not a lost cause

    The Indian media is full of stories on how the India-EU free trade agreement will not be signed during the India-EU summit in New Delhi on Friday.  I wonder what made people think that the...

    Amiti Sen

    India-Pakistan’s MFN roller-coaster

    When the Pakistani Cabinet decided on November 2 to allow grant of most favoured nation or MFN status to India that would result in removal of import restrictions, the media, as expected, went to town...

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