A Business Name is of utmost importance, especially in Export Import Business. One must be careful and thoughtful in choosing a name. The name of your business needs to be attractive, pleasant to speak and hear, meaningful, purposeful as a business. When one does business in foreign market, one needs to be strategic in short… Read More »
Why is the Indian Rupee weakening? India’s economy suffered back in 1990 as the fiscal deficit decreased by 7.8% of the GDP and India was on the verge of being branded a defaulter in the Indian market. This had a significant impact on the value of the rupee. India had to make their export cheaper… Read More »
India is getting ready to step into a new era of economic growth. Technology is changing how Indian businesses trade with other countries. This blog talks about how technology is making import-export processes easier and creating new chances for Indian companies. The Current State of Indian Trade Import-export is very important for India’s economy. It… Read More »
Do you want to understand the difference between a bill of lading and a waybill? Keep reading! When you ship goods by sea, you deal with lots of paperwork. But the two main documents you need to know about are the bill of lading and the waybill. People often mix them up, but they each… Read More »
A trade surplus signifies a favorable trade balance, where a nation’s exports exceed its imports. This condition is determined by a simple computation: Trade Surplus = Total Value of Exports − Total Value of Imports When the result is positive, indicating that a nation exports more than it imports, a trade surplus exists. Conversely, when… Read More »