The government will “very soon” implement the second set of measures including curb on imports of non-essential items to shore up rupee to 68-70 level against the US dollar, Economic
Category: Economy
Bond markets call for holistic reforms–Economic Times
It is welcome that capital markets regulator Sebi has liberalised its norms for Foreign Portfolio Investment (FPI) with an Indian link. As the current account
Fluctuating rupee, regulations make real estate more lucrative for NRIs – The Financial Express
A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts
Across the Aisle: Five steps to Nirvana – The Financial Express
Across the Aisle: Five steps to Nirvana The government has tacitly acknowledged that the economy faces a crisis. The ‘crisis managers’ met with the Prime
Needed: A strategy to revive exports | Business Standard Column
At the heart of India’s growing exposure to potential external economic shock is the fact that the country is suffering a widening deficit in trade-related
Commerce Ministry rues steep decline in export credit – The Hindu BusinessLine
The Commerce Ministry has decided to take up with the RBI, the Finance Ministry and banks, the problems faced by exporters due to a sharp
Lessons from the slide of the rupee – The Hindu BusinessLine
Recent measures by the government will help in the short term. For the long term, greenfield FDI and non-oil exports are vital Our external sector
What does BoP indicate – The Hindu BusinessLine
The rupee has been depreciating sharply this year, thanks to stress in external account. Here’s a closer look at some of the pain-points With the
Tax Refund Regime | GST: Easier tax refund regime for exporters in the works
Govt may announce steps over next few days to streamline process & speed up repayments. The government is examining the tax refund mechanism for exporters under goods and services
RBI announces norms for co-origination of priority sector loans by banks, NBFCs – The Financial Express
The co-origination arrangement should entail joint contribution of credit by both lenders at the facility level. The Reserve Bank Friday announced guidelines for co-origination of
P Chidambaram slams government for its ‘heavy-handed’ approach towards NPA – The Financial Express
Senior Congress leader P Chidambaram Friday slammed the Modi government for its banking policy, saying due to its “heavy-handed” approach towards non-performing assets, banks have no money to lend.
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button – The Financial Express
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button The set of initiatives unveiled by the government/RBI last weekend to
The GDP row is a fight of the fools – Here is why – The Financial Express
The GDP row is a fight of the fools Because politicians ultimately end up being policymakers, they should do better in appreciating the fact that
Why services exports aren’t a panacea for country’s trade deficit problem | Business Standard Column
The 13 per cent fall in the dollar value of the rupee so far this calendar year has focused attention on the country’s growing deficit
No need for curbs on gold to bring down the CAD, says Somasundaram PR | Business Standard News
Somasundaram PR The burgeoning current account deficit (CAD) has led to reports that the government may again restrict gold imports. However, Somasundaram PR, managing director, India of
Strong opposition pushes MSME Bill to backburner – The Hindu BusinessLine
The Bill to redefine Micro, Small and Medium Enterprises (MSMEs) may not see the light of the day as the government seems to have developed
To stem rupee slide, India may look to lock in oil futures – The Hindu BusinessLine
The Indian government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating
petrol prices: Why the government must move fuel to GST – The Economic Times
By Chetan Bhagat Fuel prices have hit all-time highs. Petrol crossed Rs 80 a litre. Diesel hit new records too. Fuel prices are technically supposed to
Don’t raise import duties on steel
The steel ministry reportedly wants to raise the effective import duty on some steel products to 15% from rates that range from 5% to 12.5%
Forget gold import duty, get the bond right first – The Financial Express
Given India’s imports of gold were $8.4bn in Q1FY19, it is not surprising the government wants to curtail demand; they were 18% of the trade
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