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Factoring-A Step Ahead Towards Modernisation
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Factoring has a long and rich tradition, dating back 4,000 years. Almost every civilization that valued commerce has practiced some form of factoring, including the Romans who were the first to sell actual promissory notes at a discount. The first widespread, documented use of factoring occurred in the American colonies before the revolution....
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Aligning Marketing with Business Strategy
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The first ever International Conference on "Steering Mature Business: A Leadership Challenge to Textile Industry" held on October 3rd and 4th in Ahmedabad, in the once so called ‘Manchester of the East’. There were over 200 plus industry leaders and stakeholders from the textile industry present on the occasion....
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Doha Development Round: Staging a Comeback
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A cautious optimism was in the air, when the dormant Doha Development Round (DDR), was re-energised and sprang back to the Conference table of 35 trade ministers, who met at New Delhi in early September 09 after a long gap of 14 months to deliberate on "Re-energising Doha: A Commitment to Development"....
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Foreign Trade Policy 2009-2011: Commerce Minister And Beyond
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The long awaited Foreign Trade Policy for 2009-14 has been announced, but perhaps even more important than the Policy itself was the speech delivered by the Minister of Commerce, Anand Sharma. Setting the tone and tenor of what was coming up was abundantly clear in his opening remarks, when he said, "this (policy) comes at a challenging time as the entire world is facing an unprecedented economic slowdown....
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Is IIP Surge A Green Shoot For Indian Exports?
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Will the number of Index of Industrial Production (IIP) for June, 2009 mark an early sign of recovery? Well, it has signaled hopes of an economic recovery strengthened by the factory output surging to a 16-month high of 7.8 per cent growth in June, beating forecasts by a wide margin and reversing the bleak trends that had set in since the deep shadow of world economic slowdown had impacted Indian economy....
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