India’s foreign exchange reserves would soon touch the $500-billion mark if the Reserve Bank of India (RBI) continues to accumulate foreign currency at the same
Category: EXIM
No duty, if EOU destroys goods within or outside EOU, says expert | Business Standard News
We have an EOU. Goods exported by us were rejected by a customer due to a defect, which cannot be repaired. Hence we need to
Gifts from abroad facing Centre’s ire | Business Standard Column
In a baffling move, the central government has, in a clumsy and strange manner, removed the duty exemption up to Rs 5,000 given hitherto on
Redefining law on exemptions | Business Standard Column
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarificatory circular that Social Welfare Surcharge (SWS) cannot be debited to the duty credit scrips issued under
India’s exports fall for fifth straight month in December – The Hindu BusinessLine
Imports fall 8.83 per cent, trade deficit shrinks to $11.25 billion India’s goods exports declined for the fifth straight month in December 2019 by 1.8
Legal platform to counter cheap imports – The Economic Times
New Delhi: India is putting in place a legal platform to help small and medium enterprises, threatened by cheap imports in their fight against trade
Brexit: Miles to go | Business Standard Editorials
The global media’s obsession with a crisis in that redundant and dysfunctional institution called the British royal family has obscured a far more consequential development
बंदा रुपया : निर्यातक्षम मातबरी |लोकसत्ता
पैसा फिरता राहिला की वाढतो.. अनेक वर्षे आद्योगिक वसाहतीमध्ये हातपाय मारणाऱ्या आयटीआय उत्तीर्ण दिगंबर मुळे यांना या अर्थसल्ल्याचे महत्व तसे उशीरानेच उमगले. शिक्षण जेमतेमच. उद्योग
Would like to see NRIs invest in big way in India, steps will be taken to facilitate it: S Jaishankar – The Economic Times
NEW DELHI: External Affairs Minister S Jaishankar said on Thursday the government would like the NRIs to invest in a big way in India and
Another all-time low for Rupee? Continuing troubles with economic growth – The Financial Express
The rupee has fallen sharply and is, once again, threatening Rs 72 to the dollar. There is just one more support (at Rs 73), which,
Fraction of exporters could have misused GST refund facility, not all: FIEO – The Economic Times
NEW DELHI: Apex exporters‘ body FIEO on Monday said all traders should not be looked from same prism for GST fraud cases as there could
Revenue Dept cautions DGFT on ‘star’ exporters getting GST refunds using fake invoices – The Hindu BusinessLine
Calls for more robust accreditation system The Revenue Department has brought to the notice of the Directorate General of Foreign Trade (DGCF) instances of ‘mis-availment’
An American killing that’ll cost us dear–Economic Times
The killing of Iran’s Quds Force commander General Qassem Soleimani by an American missile strike on his vehicle outside the Baghdad airport has done the
Trouble on the tourism front – The Hindu BusinessLine
India needs to work on its external image if the current drop in tourist arrivals is to be reversed The Centre’s ambitious goal of doubling
Core sector shrinks, fiscal deficit past target | Deccan Herald
The country ended the year with not so good news on the economic front. Key macro data points released on Tuesday pointed to a decline
CAD narrows to 0.9% of GDP in July-Sept on lower trade deficit: RBI – The Hindu
Trade deficit shrank to $84.3 billion in the first half of FY2019-20 from $95.8 billion last year, the RBI said. The current account deficit (CAD)
Drawback brand rates can be fixed on basis of averages, says expert | Business Standard News
We are filing our brand rate application, where we have made the DBK-I, DBK-II and DBK-IIA forms. When we make the worksheet, can we take
Crude on fresh high, may worsen economic slowdown | Deccan Herald
Brent crude prices hit a three-month high to trade at $68.07 per barrel on Friday, impacting the rupee, which depreciated 4 paise to close at
Seven Things To Fix The Economy-Ajay Chhibber – BW Businessworld
The financial year 2019-20 will go down as a terrible year in India’s economic trajectory. The drop in India’s growth was so swift, so widespread
No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian – The Economic Times
“You can’t have too much expansionary fiscal policy but equally you can’t be crunching government demand at a time when the economy is weak and