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The sharp rise in freight rate would impact medium and small entities, Ind-Ra’s Soumyajit Niyogi said. File | Photo Credit: C.V. Subrahmanyam A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to face…
KOCHI, Kerala, 27/01/2023 : Job seekers attend a job fair. File | Photo Credit: Thulasi Kakkat The economic loss, particularly to India’s informal sector owing to the cumulative impact of macroeconomic shocks since 2016, including the demonetisation of high-value currency notes, the rollout of the Goods and Services Tax (GST) and the COVID-19 pandemic, is…
Read More “‘Note ban, GST, COVID shocks cost ₹11.3 lakh cr., 1.6 crore informal sector jobs’” »