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
Category: EXIM
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
India hopes for resuming Iran oil imports as Biden presidency nears | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-hopes-for-resuming-iran-oil-imports-as-biden-presidency-nears-120120600065_1.html India halted its imports from Iran, previously its third-largest oil supplier, in mid-2019 after the expiration of US exemptions. Asia’s biggest oil importers
A Rs 76,400 crore sector is pivotal to reducing dependence on Chinese imports – The Economic Times
SynopsisComplete indigenisation of the consumer appliance components sector can speed up Aatmanirbhar Bharat. Quoting Swami Vivekananda, who had written that Indians should produce for themselves
Exports fall 9% in November, imports decline 13.33% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-fall-9-in-november-imports-decline-1333/article33238222.ece Exporters seek easier refund of GST, raw material at reasonable prices India’s exports of goods in November 2020 fell 9.07 per cent to
Markets for export | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/markets-for-export-120120301514_1.html Target unrealistic while govt frowns on trade deals Union Commerce and Industry Minister Piyush Goyal on Wednesday reaffirmed the government’s commitment to an
Slow, steady steps to CAC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/slow-steady-steps-to-cac/2141995/ India needs to permit selected “other financial institutions” to access the FX market to a particular limit. This would increase both liquidity and