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Editorial: Global Shipping Trade All At Sea

Port Wings, 8 Jan 2020: The risk to shipping in the Persian Gulf region is set to rise following a U.S. airstrike in Iraq that killed a top Iranian commander, just months after spiking to record levels on heightened geopolitical risk. The attack, for which Iran has vowed retaliation, escalates …

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Editorial: $5 Trillion Economy: Realistic Target?

Port Wings, 1 Jan 2020: Prime Minister Narendra Modi’s aim to achieving a $5-trillion economy by 2024 is unlikely to remain a realistic target given the past dismal economic performances of the country and the doubts and concerns raised by rating agencies and economists. International Monetary Fund’s chief economist Gita …

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Editorial: Will FASTag Serve the Intended Result?

Port Wings, 25 Dec 2019: To give a fillip to digital payments and bring in enhanced transparency, the Transport Ministry had directed to declare all lanes of fee plazas on National Highways as ‘FASTag lanes’ by December 1. However, one lane in each direction was decided to be kept as …

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Editorial: International Maritime Organization Appreciates India

Port Wings, 4 Dec 2019: International Maritime Organization (IMO) has appreciated India’s decision of accession to the Hong Kong International Convention, 2009. IMO, during its ongoing 31st session in London, UK has highly appreciated India’s decision of accession to the Hong Kong International Convention, 2009. Compliments of the Secretary General …

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Editorial: The Confusion Behind $5-trillion GDP by 2025

Port Wings, 27 Nov 2019: While the government is maintaining that all is well and fiscal target achievable, former Reserve Bank governor C. Rangarajan opined that at the current growth rate, reaching the $5-trillion GDP target by 2025 is “simply out of question,” as Indian economy is in bad shape. …

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Editorial: Staying Away From RCEP Deal Good for India?

Port Wings, 13 Nov 2019: Finally, after much uproar in domestic front as well as analysts, Indian government in eleventh hour has taken a decision to stay away from the mega-trade deal –Regional Comprehensive Economic Partnership (RCEP). PM Modi categorically stated in his speech on November 4, 2019, at the …

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Editorial: Momentum Builds Against Government Signing RCEP Deal

Port Wings, 30 October 2019: Slowly and steadily, momentum is building against the Union Government that is mulling signing the China-promoted Regional Comprehensive Economic Partnership (RCEP) deal, which will eventually result in liberalizing Chinese imports to Indian market. And there were widespread protests by hundreds of farmers across the country …

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