Asit Ranjan Mishra

New Delhi

Economic Affairs Editor at Business Standard

Economic Affairs Editor @bsindia. Ex-@livemint. @natpress fellow. Observer of real, reel and surreal life. DM open for scoops/ideas. Views personal. ଓଡ଼ିଆ.

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Articles

'US Is Only Arm-Twisting'

2 weeks ago | rediff.com | Asit Ranjan Mishra

'There is nothing bilateral about this deal.'India is seeking a binding commitment from the United States on pre-April 2 tariff levels for labour-intensive sectors as part of an early tranche of the proposed bilateral trade agreement (BTA). This would involve doing away with the universal 10 per cent tariff imposed by the Donald Trump administration.
India should open up its market to attract more FDI: Wendy Cutler

2 weeks ago | business-standard.com | Asit Ranjan Mishra

Wendy Cutler, former US trade diplomat, is vice-president, Asia Society Policy Institute, and managing director of its Washington D.C. office. Cutler, who served as acting deputy US trade representative (USTR) in the Barack Obama administration, in an interview with Asit Ranjan Mishra says though everyone is concerned about the pervasive uncertainty surrounding President Donald Trump's economic agenda, it is for India to take a call whether to sign a trade deal with the United States (US) or not.
Pakistan Boosts Military Spending By 20%

2 weeks ago | rediff.com | Asit Ranjan Mishra

India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog. IMAGE: Pakistani soldiers pictured on a tank during the Pakistan Day military parade in Islamabad.
Bank Deposit Insurance May Be Hiked From 5 Lakh To...

3 weeks ago | rediff.com | Harsh Kumar |Asit Ranjan Mishra

The revised ceiling will be within the Rs 10 lakh mark. IMAGE: Account holders queue outside a branch of the New India Co-operative Bank in Mumbai after the Reserve Bank barred it from offering new loans or accepting deposits, making it unable for customers to withdraw funds. The government is actively considering a hike in the deposit insurance limit for bank deposits from the present level of Rs 5 lakh within the next six months, a senior finance ministry official told Business Standard.
India Wants Pakistan Back On FATF 'Grey List'

1 month ago | rediff.com | Asit Ranjan Mishra

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions. IMAGE: Security personnel stand guard on the banks of the Dal Lake in Srinagar, April 25, 2025, following the terrorist attack on Pahalgam.
DIPAM Secy Chawla

1 month ago | business-standard.com | Harsh Kumar |Asit Ranjan Mishra

The complex and multi-stage process in the strategic disinvestment of IDBI Bank is taking time, but the government remains committed to the transaction, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in an interview with Harsh Kumar and Asit Ranjan Mishra at his office.
Expect India to strike first trade pact: US Treasury Secy Scott Bessent

2 months ago | rediff.com | Asit Ranjan Mishra

As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs. IMAGE: US Secretary of the Treasury Scott Bessent.
India Pauses WTO Move in US Trade Talks

2 months ago | rediff.com | Asit Ranjan Mishra

This is the first case involving India and the US at the WTO after both sides decided to withdraw all seven pending cases at the WTO during the Biden administration. Kindly note the image has been posted only for representational purposes. India is unlikely to launch a dispute at the World Trade Organisation (WTO) against the United States over reciprocal tariffs, as both sides are currently engaged in negotiations aimed at reaching a trade deal.
'Trump's Hopes For India's Tariff Cuts Too Ambitious'

2 months ago | rediff.com | Asit Ranjan Mishra

'I certainly hope the two can avoid a trade war and believe they will.'IMAGE: Prime Minister Narendra Modi and US President Donald Trump shake hands after their meeting at the White House, February 13, 2025. Mark Linscott, former assistant United States Trade Representative (USTR) for South and Central Asia, led negotiations for the unsuccessful mini-trade deal with India during Donald Trump's first term.
US Firms Back Trump's India Tariffs

2 months ago | rediff.com | Asit Ranjan Mishra

Kindly note the image has been posted only for representational purposes. IMAGE: A large container vessel arrive at New Mangalore Port. Industry associations and companies in the United States, including the US Chamber of Commerce (USCC), Coalition of Services Industries (CSI), and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.