Clipped from: https://www.business-standard.com/article/opinion/aim-long-term-for-a-strong-currency-120120201521_1.html Strong currencies reflect strong economies Is a strong currency not desirable for India? There seems to be broad acceptance that a declining rupee is essential for exports.
Category: EXIM
All you want to know about capital account convertibility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-want-to-know-about/article33215196.ece The RBI Governor recently said that India will continue to approach capital account convertibility as a process rather than an event. He also
AEO benefits continue even after switching operations to MOOWR: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/aeo-benefits-continue-even-after-switching-operations-to-moowr-expert-120113001352_1.html Operating under Section 65 of Customs Act, 1962 has no effect on AEO status All benefits available as AEO will continue to be
Banks can consider extending time limit for settling import dues: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/banks-can-extend-time-limit-for-settling-import-dues-120111600596_1.html Weekly advice on managing small businesses. This time SME chatroom talks about a RBI directive on import of goods and services. Q. We
Customs clearance regulations making importers nervous | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/customs-clearance-regulations-making-importers-nervous-120102600045_1.html The government has raised import duties on several items and restricted import of many items subjecting them to import licensing Importers are getting
Passenger airlines morph into cargo carriers: How innovative thinking helped exports bounce back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/passenger-airlines-morph-into-cargo-carriers-how-innovative-thinking-helped-exports-bounce-back/articleshow/78849374.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis—-As soon as the lockdown started, the trucks and container vehicles were stuck on highways at inter-state junctions. Also, there was an acute
amitabh kant: India must become a key exporting nation: Amitabh Kant, CEO, Niti Aayog – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-must-become-a-key-exporting-nation-kant/articleshow/78822632.cmsSynopsis Amitabh Kant said that while India had made big changes in the MSME, mining and agricultural sectors, a sustained growth wouldn’t be possible
Former RBI governor Raghuram Rajan cautions against import substitution – The Financial Express
Clipped from: https://www.financialexpress.com/economy/former-rbi-governor-raghuram-rajan-cautions-against-import-substitution/2111182/ “If the focus (under Aatmanirbhar Bharat initiative) is on import substitution by erecting tariffs, which we have done lot of in the last
Tariff shelter must be temporary–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/tariff-shelter-must-be-temporary/ The reported move to have a sunset date for high import tariffs on electronic products like mobile phones and TVs makes perfect sense.
Duty-remission scheme for exports to start with 3 sectors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/panel-to-fix-rates-for-three-sectors-first/article32894881.ece?homepage=true Focus on readymade garments, iron and steel, automobiles and components The new Remission of Duties or Taxes on Export Products (RoDTEP) scheme for
Fix a sunset date | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fix-a-sunset-date-120101901563_1.html Open-ended tariff protection will affect competitiveness The government has been increasing import tariffs and other barriers in recent years to protect Indian industry. The idea
Allowing the rupee to strengthen can help contain the creeping inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/allowing-the-rupee-to-strengthen-can-help-contain-the-creeping-inflation/article32516074.ece With the consumer price inflation at 6.9 per cent in July, the RBI needs to exercise caution over increasing the supply of rupees
The next China? India is missing its real comparative edge by not emphasizing low-skilled labour exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/the-next-china-india-is-missing-its-real-comparative-edge-by-not-emphasizing-low-skilled-labor-exports/articleshow/78713312.cmsSynopsis Ever since it began opening up the economy in the 1990s, India’s dream has been to emulate China’s rapid expansion. After three decades
Provisional assessment allowed when Customs doubt origin of goods: Expert | Business Standard SME News
Clipped from: https://www.business-standard.com/article/opinion/provisional-assessment-allowed-when-customs-doubt-origin-of-goods-expert-120100501017_1.html Compulsory verification of assessment will be discontinued once the importer demonstrates that he has established adequate system of controls to exercise reasonable care
If the imported goods found defective can be re-exported, says expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/if-the-imported-goods-found-defective-can-be-re-exported-says-expert-120071301176_1.html The specific provision under the Customs Act, 1962 is Section 26A that allows refund of import duty if the imported goods are found
What should Modi govt do when revenues are down? Hear from Finance Commission Chairman NK Singh – The Financial Express
Clipped from: https://www.financialexpress.com NK Singh said this year fiscal numbers look to be way out of what they have been considered, and the finance ministry itself
India’s growth story stuck between US, China – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Three-way clash on multiple fronts Tensions with China are forcing India to relook its trade policy. The US, on the other hand, has
Self-defeating act | Business Standard Editorials
Clipped from: https://www.business-standard.com Stalling shipments from China to hurt Indian industry more Customs officials at several major Indian ports have decided to stall the clearance of
Self-defeating act | Business Standard Editorials
Clipped from: https://www.business-standard.com Stalling shipments from China to hurt Indian industry more Customs officials at several major Indian ports have decided to stall the clearance of
Electronics firms fear blocking of China goods will hit festive plans | Business Standard News
Clipped from: https://www.business-standard.com With consignments stuck at ports in the two countries, manufacturers now fear a severe impact on their festive season plans if the issue
aniltikotekar4sme.com 