A dozen large banks have alerted the Reserve Bank of India (RBI) about the spike in hedging cost of corporates as banks are unable to handle surplus dollarNSE
Category: EXIM
Dollar dominance and Donald Trump | Business Standard Column
America’s share of global output has fallen sharply since the Second World War but its currency has retained its supreme position. The US dollar (hereafter ‘the dollar’)
India must focus on all sectors to achieve 8-9 per cent GDP growth: Rakesh Mohan – The Economic Times
By- Gaurav Noronha In order to achieve an annual GDP growth rate of 8%-9%, India must ensure an annual growth rate of above 4% in agriculture, 8% in manufacturing and 9%
I-T returns: 3,500 exporters under lens – The Economic Times
The government has trained its guns on around 3,500 exporters whose customs records are not matching their income tax returns, while another 3%-odd traders are under the lens
Take action against erring exporters but ensure protection to innocent: FIEO to govt – The Financial Express
The government should take strict action against erring exporters but should ensure that no innocent is taken to task, apex exporters body FIEO said Wednesday.
US-China trade war ‘opportune time’ for India to attract multinationals, says economist Arvind Panagariya – The Financial Express
The escalating trade war between the US and China is an “opportune time” for India to attract the large multinationals looking for alternative locations outside
Labour reforms, incentives vital to create quality jobs – The Hindu BusinessLine
The Indian economy may even be a $3-4 trillion economy in a few years on the strength of its services sector, yet the issue may
Global economic growth is already slowing. Trump’s trade war is making it worse – The Economic Times
By Jeanna Smialek, Jim Tankersley and Jack Ewing WASHINGTON: President Donald Trump’s trade war is chilling business investment, confidence and trade flows across the world, a development
Arvind Panagariya: Export-led growth very critical for good jobs in India: Arvind Panagariya–Economic Times
India’s economy needs to grow at 8-10 per cent annually if good jobs have to be provided to those joining the workforce, eminent economist Arvind Panagariya has
This sector may see maximum impact of US trade benefits withdrawal – The Financial Express
India tops the list of exporters to the US in this category, with more than 15 per cent share, the rating agency Crisil said. The
Explaining the rules on who evaluates imported goods from related party | Business Standard News
We are an EOU in Rajasthan. We want to import machinery from our joint venture partner (49 per cent shareholder in the EOU). We want
India readies retaliatory duties on 29 US goods – The Hindu BusinessLine
Tariffs on apples, almonds, shrimps, chickpeas, boric acid and some other items imported from the US are set to go up as the government has
Export subsidy programme to be phased out to meet WTO norms – The Financial Express
The US has dragged India to the WTO, claiming that New Delhi offered illegal export subsidies and “thousands of Indian companies are receiving benefits totaling
Export subsidy programme to be phased out to meet WTO norms – The Financial Express
The US has dragged India to the WTO, claiming that New Delhi offered illegal export subsidies and “thousands of Indian companies are receiving benefits totaling
Piyush Goyal wants RBI to extend $25 bn line of credit for exports, funds at competitive rates – The Economic Times
Goyal said it is a joint responsibility of banks and government to ensure that export credit at competitive rates is available to businesses. New Delhi:
Middle East, China drive India’s export growth: Maersk India – The Economic Times
Indian exports grew 6 per cent in the first quarter of this year driven by higher shipments to the Middle East and China, while imports
IMF upgrades US growth forecast but warns of rising risks – The Financial Express
And IMF chief Christine Lagarde earlier on Wednesday urged the countries to make resolving the trade conflict a priority, since it threatens growth of the
US’ withdrawal of GSP benefits from India smells of lobbyist’s hand | Business Standard News
The withdrawal of the duty-free access scheme by the US, a day after Prime Minister Narendra Modi and the Council of Ministers took over for
Why interest sops for exports can’t work – The Hindu BusinessLine
Interest subvention for exporters, besides not picking up, goes against WTO norms. A solution is to extend it to all MSMEs Recently, the government changed
Worrying trends in the global trade scenario – The Hindu BusinessLine
World trade is slowing. While the US triggered trade war with China is part of the explanation, the real driver is a loss of momentum
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