Given the rising challenge to the free trade, Commerce and Industry Minister Suresh Prabhu said Sunday that while the aim is to open up more
Category: EXIM
RBI net-seller of dollars in Nov, unwinding USD 644 mn – The Hindu BusinessLine
The Reserve Bank remained a net seller of dollars in November 2018, as it sold USD 644 million of the greenback on a net basis
Trade deficit: India meets its match in the US as both countries now looking for local – The Financial Express
It is clear that notwithstanding the strategic warmth with the US on geopolitics and regional issues such as the Indo-Pacific, India can’t expect leniency from
How serious is China’s economic slowdown? | Mr. Shyam Saran– Business Standard Column
The outcome of the ongoing US-China trade war is closely linked to the assumptions regarding China’s economic growth trajectory. A China capable of sustaining a 6-6.5 per cent gross
Make GST input tax credit claims online: Suresh Prabhu – The Economic Times
Commerce minister Suresh Prabhu Wednesday urged the finance ministry to make the process of refund of GST input tax credit online. Prabhu, along with commerce and revenue department officials,
Trade talks with China going ‘very well’, says US president Donald Trump – The Financial Express
Trump argued that the trade deficit with China is unsustainable. US President Donald Trump, who has been accusing China of indulging in unfair trade practices
Brazil’s new populism | Business Standard Editorials
The global community’s turn towards populism lurched a little further last week when Jair Bolsanaro was sworn in as president of Brazil. The South American giant dominates the continent’s
Centre, states, industry to discuss ways to boost export on January 10 – The Hindu BusinessLine
In the wake of growing protectionism globally, centre, state governments and industry representatives will meet on January 10 to discuss ways to boost the country’s
Crude shocker can be rude shocks for economy: RBI economists – The Financial Express
A sudden surge in crude prices can upset the nation’s key macro-stability parameters, as it can sharply spike the current account deficit (CAD), inflation and
Rupee: Can rupee again head to 75 to the dollar in 2019? Yes, & here is why – The Economic Times
Calendar 2019 promises that global factors will dominate again, but the outcome may be very different. We have already seen the trailer. Financial markets in
Why foreign portfolio flows will stay erratic – The Hindu BusinessLine
Monetary tightening by central banks, curbs on inflows through low-tax jurisdictions, and continuing trade war are dampeners Most stock market commentators are extremely optimistic and
Donald Trump: India’s retaliatory tariffs to hit US exports worth USD 900 mn: Congressional report
India’s proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly USD 900 million, according
raghuram rajan: View: 8 things India must do in 2019 to tide over economic challenges – The Economic Times
By Raghuram Rajan and Abhijit Banerjee Last October thirteen of us, all economists, got together in the hope that as the country gears up for elections, we
Rupee vs Dollar in 2019: Volatility to remain high, will increase going forward – The Financial Express
The year 2018 started with USD/INR at 63.80, the strongest it had been in several months; volatility was low at 4.5% and sentiment was for
Exporters look forward to online refund of input tax credit – The Hindu BusinessLine
Exporters can hope for speedier refund of input tax credit (ITC) from the next fiscal with the GST Council recommending online refund of the tax.
Exporters raise concern over China’s hike in VAT refund – The Economic Times
Exporters of steel, wooden items and machinery products have raised concern over China increasing the refund on value-added tax (VAT) on these products without raising the actual tax. Beijing has
Are global oil prices the culprit for burgeoning trade deficit? – The Hindu BusinessLine
The oil import bill is just one of the factors responsible for the rising trade deficit. Non-oil imports cannot be overlooked India’s external account has
What will drive the rupee in 2019? – The Hindu BusinessLine
General elections, oil price, Brexit, and US Fed rate hikes may weigh on the currency The year 2018 was extremely volatile for the Indian rupee
India’s exports are steadily rising, but import bill hurts much more | Business Standard News
Indian exports have grown steadily in the last three years. And as Commerce and Industry Minister Suresh Prabhu recently said, the country’s export performance has been extremely good
India’s exports performance good despite global headwinds; but here’s why Suresh Prabhu isn’t happy – The Financial Express
India is preparing a specific strategy for exports to each geography as part of plans to make 2019 a year when outward shipments would start
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