Clipped from: https://economictimes.indiatimes.com/news/economy/policy/exporters-complain-of-delay-in-gst-refunds-despite-govt-timeframe/articleshow/80063900.cms SynopsisThe tax department had come out with a guideline to process these within a deadline and recently the authorities had said that the
Category: EXIM
Even with Biden: Trend against globalisation is dampening India’s prospects, headwinds will only increase
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/even-with-biden-trend-against-globalisation-is-dampening-indias-prospects-headwinds-will-only-increase/Manoj Joshi The writer is a Distinguished Fellow, Observer Research Foundation It is now conventional wisdom to say that 2021 will be better than
taxes: RoDTEP scheme on all export goods from January 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-extends-benefits-of-tax-refund-scheme-to-all-export-goods/articleshow/80050267.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being
India’s exports may reach $290 bn by fiscal-end: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-may-reach-290-bn-by-fiscal-end-fieo/articleshow/80025553.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “We are confident that a V- shaped recovery will be witnessed in world trade and we will recover much more from what we
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
Indian rupee falls nearly 3% YTD in 2020; check how it will fare against US dollar in 2021 – The Financial Express
Clipped from: https://www.financialexpress.com/market/indian-rupee-falls-nearly-3-ytd-in-2020-check-how-it-will-fare-against-us-dollar-in-2021/2160706/ Indian rupee remained one of the worst-performing regional currencies in 2020, despite record inflows from foreign institutional investors (FII) and foreign portfolio investors
current account: Current Account is in surplus for second consecutive quarter at 2.4% of GDP – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/current-account-is-in-surplus-for-second-consecutive-quarter-at-2-4-of-gdp/articleshow/80031028.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The narrowing of the current account surplus in was on account of a rise in the trade deficit to $ 14.8 billion from
Actual freight and insurance should be declared on shipping bills: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/actual-freight-and-insurance-should-be-declared-on-shipping-bills-expert-120122800575_1.html Any mis-declaration of freight paid or payable which results in loss of revenue by way of excess drawback payment, is liable to be
India’s external sector gloom amidst the global pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/indias-external-sector-gloom-amidst-the-global-pandemic/article33438976.ece?homepage=true Batting for growth External pressure must not come in the way of a bigger stimulus – ISTOCK PHOTO Batting for growth External pressure
exports: Can gain much more than what we lost in 2020: Export community pins hope on 2021 for a revival – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/can-gain-much-more-than-what-we-lost-in-2020-export-community-pins-hope-on-2021-for-a-revival/articleshow/79986292.cmsSynopsis Global trade ran into stormy waters in 2020. Indian exporting sector is hoping for a calmer 2021. COVID-19 CASES WorldIndiaFor the Indian exporting
Brexit: India could gain as of now – editorials – Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/brexit-india-could-gain-as-of-now/story-7NOMKrij5BFDo1I5rCwZeL.html The real test for India will be whether it can leverage the UK’s desire for some quick trade agreement successes and put together
Johnson’s visit to India offers an opportunity for Delhi to take a close look at London’s post Brexit plans
Clipped from: https://indianexpress.com/article/opinion/editorials/european-union-britain-eu-trade-brexit-7122501/ Brexit deal will lead to rearrangement of UK’s foreign economic policy and international relations, offers India an opportunity. The Christmas Day agreement on
After Brexit | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-brexit-120122700813_1.html Boris Johnson’s visit could be an opportunity for India British Prime Minister Boris Johnson will enjoy a triumphal visit to India as chief guest at
Budget 2021-22: CII suggests graded road map towards competitive import tariffs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-22-cii-suggests-graded-road-map-towards-competitive-import-tariffs/articleshow/79976905.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Confederation of Indian Industry (CII) has proposed the road map to encourage domestic manufacturing in alignment with global trade trends that
Forex reserves up by USD 2.56 bn to record USD 581.131 bn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/forex-reserves-up-by-usd-2-56-bn-to-record-usd-581-131-bn/articleshow/79956444.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and
Waves of change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/even-as-container-rates-are-at-artificial-highs-shipping-industry-dynamics-are-set-to-change/article33412455.ece Even as container rates are at artificial highs, shipping industry dynamics are set to change Indian exporters have been hit by a rise
In push for exporters, government claims will be cleared within shorter period now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/push-for-exporters-government-claims-will-be-cleared-within-shorter-period-now/articleshow/79778241.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government said that the duty drawback claims have to be processed within a timeframe. The time frame was reduced from 7 days
Blame court, too, for export decline–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/blame-court-too-for-export-decline/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. India’s export slide began before the pandemic and
How the world will handle China in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/g-parthasarathy/how-the-world-will-handle-china-in-2021/article33329775.ece The US and its European allies will continue to promote policies that will restrict China’s geopolitical ambitions While recent years have seen the
Exporters must carefully study GST notifications | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-must-carefully-study-gst%E2%80%88notifications-120121400015_1.html The exporters need not give in to the unreasonable demands of the DRI. In response to my last Monday article (‘Notifications on GST exemptions puzzle