A Quote by Rakesh Jhunjhunwala
You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
Related Quotes
Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.
Here`s what the rest of the world does that we don`t do. They take the tax off of their exports and place a tax on their imports. We do the opposite. We tax our exports and don`t tax our imports.
Clearly, there needs to be an increase in the capacity of the railway system. That's why there are these projections of increasing the capacity to carry freight on the railways by 30% over the next five years or so, because the volume of goods moved up and down, imports, exports, and within the country, has grown much larger than the capacity. And this is part of the higher costs to business, because charges, for instance, at the ports become too high and they put up the prices of these goods, whether they are imports or exports. You want to reduce that.
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products.
In this 21st century world, some of our country's most significant exports and imports extend beyond goods and services: They also include innovation, knowledge, discovery, and healing.
Here at home, ... while the most likely scenario remains solid growth and low inflation -- subject to the usual ups and downs -- certain sectors have been impacted by the crisis, some because of increased imports and others because of decreased exports. Moreover, problems in the global economy do constitute a risk to all our overall economic well-being.
The notion dies hard that in some sort of way exports are patriotic but imports are immoral.
Trade allegedly does not foster growth because when it begins, a flood of imports of factory origin destroys the handicraft manufacturing of the less developed country: the models for this are the effects of British exports of textiles and of iron in India and Chile in the first half of the nineteenth century.
It is not good to cut exports or imports.
Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.
A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.
We have to learn to live with fewer imports and more exports, promoting national production.
Diplomacy in a sense is the opposite of writing. You have to disperse yourself so much: the lady who comes in crying because she's had a fight with the secretary; exports and imports; students in trouble; thumbtacks for the embassy.
Diplomacy in a sense is the opposite of writing. You have to disperse yourself so much: the lady who comes in crying because shes had a fight with the secretary; exports and imports; students in trouble; thumbtacks for the embassy.
I think all countries need to aim to cut the CO2 emissions per person, taking account of externalities like imports and exports.
Most of us know what we should expect to find in a dragon's lair, but, as I said before, Eustace had read only the wrong books. They had a lot to say about exports and imports and governments and drains, but they were weak on dragons.
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