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India’s government plans to limit markups on medical devices

Image courtesy TMRBLOG.com By Charles F. Moreira, Editor India’s government plans to limit distributor and dealer markups on medical devices, the Times of India reported on 19th October 2017. Limits on markups or ‘trade margins’ as they are called in India are considered fairer to the medical device industry than price caps on categories of […]

Fifty percent pay rise for H-1B visa holders – a boon or a bane?

Image: H-1B visa approvals in 2015and 2014 – source U.S. Department of Homeland Security  By Charles F. Moreira, Editor The Protect and Grow American Jobs Act (HR 170) passed by the House Judiciary Committee on 16th November 2017 increased the minimum salary for workers on H-1B work visas in the United States from US$60,000 to US$90,000 […]

India’s herbal trade market has room to grow

The total world herbal trade is currently assessed at USD120 billion. The Minister of State of Commerce and Industry, C. R. Chaudhary, claimed India’s share in the global export of herbs and herbal products is low due to the following reasons: Inadequate agricultural practices. Inadequate quality control procedure. Lack of large scale organic cultivation; processing […]

India’s electric car initiatives

By Charles F. Moreira, Editor India’s automobile manufacturing watchers expect the New Delhi based automobile maker Maruti Suzuki India Limited to make its debut in India’s electric car market within a few years from now. Japanese automotive and motorcycle manufacture Suzuki has a 56.21% stake in its India joint-venture Maruti Suzuki and in February 2017, […]

Covid-19 lockdown impact: Unemployment rate rises to 23.4%

Image by Rajesh Balouria from Pixabay CMIE report says India’s urban unemployment rate soars to 30.9% even as overall rate rises to 23.4%, indicating covid-19’s impact on the economy Early estimates of jobs data indicate that the coronavirus effect may have left a devastating impact on the economy, sending urban unemployment rate soaring to 30.9%… […]

India’s bullet train project to be launched in September

By Charles F. Moreira, Editor India’s Prime Minister Narendra Modi’s most ambitious bullet train project – the Mumbai-Ahmedabad High Speed Rail – is expected to be jointly launched by Modi and Japan’s Prime Minister Shinzo Abe during the latter’s visit to India in September 12-14 2017, according to Hindu Business Line. This launch will come […]

What demonetisation did to tax collections

The argument about whether demonetisation was good or bad for the economy refuses to die down even a year after the event. Former RBI Governor Raghuram Rajan took potshots at it in a recent speech. Read the full story at http://www.thehindu.com/business/what-demonetisation-did-to-tax-collections/article23550004.ece SOURCE: The Hindu (86)

India’s exports to Malaysia is at all-time high

India-Malaysia trade relations have witnessed exponential growth since 1991. Malaysia’s largest trading partner is India, while Malaysia is India’s second largest trading partner in the Association of South East Asian Nations (ASEAN). India’s major exports to Malaysia : Meat and meat preparations, sugar, rice (other than basmati), wheat, fresh vegetables and fruits, cotton yarn, RMG […]

Overview of bilateral relations between India and Malaysia

India established diplomatic relations with the Federation of Malaya (predecessor state of Malaysia) in 1957. India and Malaysia have traditionally enjoyed friendly ties. There have been regular high level exchanges between the leaders of the two countries. The two Prime Ministers decided to establish a bilateral Strategic Partnership in October 2010 which envisions development of […]

India’s renewable energy initiative

Image – Courtesy of India Brand Equity Foundation By Charles F Moreira, Editor India will achieve its target of 175 GW (gigawatts) or 175,000 MW (megawatts) of installed renewable electrical energy generation capacities ahead of its 2022 deadline, a senior government official said on 23 February 2018. The International Solar Alliance (ISA) will help mobilise […]

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