Economy & Trade

India’s Market Access Initiatives Scheme Offers Airfare Support for Start-ups and New Exporters

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India’s government has revamped the Market Access Initiatives (MAI) Scheme to provide financial incentives for exporters and start-ups.

India-France Strategic Partnership: Horizon 2047 Roadmap, Trade, and Investment

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Following PM Modi’s invitation to attend France’s Bastille Day celebrations amid 25 years of India-France strategic ties, the two countries agreed to a Horizon 2047 Roadmap. We discuss key thrust areas and note bilateral trade and investment trends.

Tamil Nadu State’s Exports Report Card for 2022-23

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In FY 2023, Tamil Nadu’s electronics exports reached US$5.37 billion, triple the previous year, making it the top Indian state in this domain. Further, the state topped India’s Export Preparedness Index for 2022.

India, Indonesia To Engage In Mutual Currency Trade And Drop US Dollar

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India and Indonesia are strengthening bilateral trade ties by establishing a framework to settle trade in rupees and rupiah, interlinking fast payment systems, and expanding digital payment collaboration.

India, UAE Agreements on Currency Settlement, Payment Systems, and Key Sector Collaboration

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In July 2023, PM Modi’s UAE visit resulted in three key agreements between India and the UAE. These agreements focus on local currency trade settlement, fast payment system integration, and the establishment of an IIT-Delhi campus in Abu Dhabi.

India Starts to Use Chinese Yuan to Pay for Russian Oil

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Indian refiners now use China’s RMB Yuan, moving away from US dollars, to pay for some Russian oil imports, showcasing India’s pragmatic approach to energy needs and embracing a preferred currency basket including the Yuan, Ruble, and Dirham.

PM Modi’s Official Visit to the US: Technology Cooperation, Clean Energy Transition, and Strategic Goals

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We discuss the shifts in priorities in the India-US partnership that is now focused on technology cooperation, de-risking supply chains, and strategic goals.

Applying for a Personal Loan in India: Why Use an EMI Calculator

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A personal loan EMI calculator helps to compute the monthly installments and obtain a personal loan that is aligned with the person’s budget and finances.

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