Home / Editorial (page 2)

Editorial

Editorial: When Dragon Sneezes, World Trade Catches Cold

Port Wings, 19 Feb 2020: The Coronavirus outbreak that originated from Wuhan, Hubei in China, a major transportation and logistics hub, has seen stringent quarantine measures implemented across China and its neighboring countries. About 80% of world goods trade by volume is carried by sea and China is home to …

Read More »

Editorial: A Tie-Breaker Test

Port Wings, 12 Feb 2020: The Finance Minister Nirmala Sitharaman’s clarification on taxing non-resident Indians (NRIs) in her Budget announcement doesn’t seem to have cleared all the doubts over the issue and may require the deployment of a rarely used avenue — the tie breaker — experts said. This device …

Read More »

Editorial: National Logistics Policy on Cards

Port Wings, 05 Feb 2020: The Union government will soon release a National Policy on Logistics. While presenting the Union Budget on 1 February, Nirmala Sitharaman said that the proposed logistics policy, will aim at reducing high transaction cost of industry. The aim of the national logistics policy is to promote …

Read More »

Editorial: India Downgraded

Port Wings, 29 Jan 2019: The International Monetary Fund (IMF) lowered India’s economic growth forecast to 4.8 per cent for this fiscal year owing to the crisis in the non-banking financial sector and weak rural demand. It also cut the world’s growth estimate and blamed the slowdown in India for …

Read More »

Editorial: Chickens Come Home to Roost

Port Wings, 22 Jan 2020: India, which till recently was hailed as the world’s fastest-growing major economy, has seen growth rate decline to a six-year low of 4.5 per cent in the September quarter of 2019-20 India will “struggle” to achieve 5 per cent GDP growth in 2020 as the …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »