US imposition of a 125.87% countervailing duty on Indian solar modules is set to impact domestic companies by potentially lowering module prices. Exporters may redirect unsold inventory to India, while companies like Waaree Energies are strengthening US manufacturing to mitigate the effects. The duty erodes future revenue visibility for Indian manufacturers targeting the US market.
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak
Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170