Decline in exports: India competes with neighbors

India’s cotton exports saw a 61 percent decline in September 2022, report shows. Cotton exports in India have been declining since the last few months of 2022 and have gone down by 61 percent. Study by The Observatory of Economic Complexity (OEC) shows that decreasing global demand and less production have contributed to this decline., […]

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Sri Lanka stalls giving autonomy to its provinces

While minority communities like the Tamils and the Muslims want provincial autonomy, political parties in the country are against it. The Sri Lankan government has decided to indefinitely postpone provincial elections that were supposed to be held in early 2022. The 13th amendment which guarantees autonomy to the provinces has also not yet been implemented. […]

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Iranian imports struggling to recover from US sanctions

Trade between India and Iran has dropped by 88 percent in the last five years after the U.S. imposed sanctions in 2019. India imported $0.46 billion worth of goods from Iran in the Financial year (FY) 2021-22, a 96 percent decrease from FY 2018-19, according to the Department of Commerce of India. The major imports […]

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Umrah: A piligrimage at the cost of a leisure trip

The increasing package costs for Umrah have made it inaccessible for many Muslims across the country. Yakub Ali, a resident of a small town called Sankrail, about 22 kilometres away from West Bengal’s capital city Kolkata, decided to take his family of four, on a 15-day Umrah pilgrimage to Mecca in late December. It was […]

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Indian tourists avoid Bhutan

Bhutan’s Sustainable Development Fee has limited the entry of Indians into the country, for tourism.  Travel companies have registered a decrease in footfall of up to 67 percent since the Himalayan country reopened its borders to tourists. Bhutan’s ‘Sustainable Development Fee (SDF)’ was introduced in September 2022 for tourists across India, Maldives, and Bangladesh. “Before […]

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Freelancers cashing in on rupee depreciation

India freelancers earning in USD are seeing an increase in their income with the weakening of the Rupee by 11 percent in 2022. The rupee’s depreciation against the dollar throughout 2022 has been an unexpected bonus for freelancers. “I received about USD 1100 monthly, which at the beginning of 2022 was around Rs. 82,000 and […]

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Japanese partners fly in for Kirloskar’s funeral

Karnataka leaders, Japanese partners mourn the death of Vikram Kirloskar Toyota top brass flew in from Japan to pay final respects to vice president of Toyota Kirloskar Pvt Ltd, Vikram Kirloskar. Takayuki Ueda, Toyota Tusho Insurance Broker India said, “His death was very sudden and we did not expect it. My team and I flew […]

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