To help banks overcome any possible liquidity constraints, the Reserve Bank of India on Thursday said they can avail of higher liquidity with effect from
Category: EXIM
Economists flag fresh concerns over fiscal deficit, growth prospects – The Hindu BusinessLine
Rising global headwinds and a possible revenue shortfall are posing fresh challenges to the Centre’s deficit targets and growth prospects. The upcoming US sanctions on
Raising import duties to lower CAD is a bad idea, says Montek Singh Ahluwalia – The Hindu BusinessLine
Hiking import duties to bring down Current Account Deficit is a bad idea, said the former Deputy Chairman of Planning Commission, Montek Singh Ahluwalia. Speaking
Govt fights rupee drop as RBI takes steps to ease liquidity for banks | Business Standard News
India upped the ante in its efforts to restore investor confidence, with the central bank taking measures to ease liquidity for lenders a day after the
How much more can the RBI intervene? | Business Standard Column
The recent debate on the costs and benefits of a falling rupee must have done its bit to reinforce the stereotype of economists as a
Rupee @75-plus: Turbulence ahead | Business Standard Column
With the US Federal Reserve raising rates, and the oil prices rising above $80 barrel after the recent OPEC meeting, there will be further pressure on the Rupee. That
Time to wake up? CAD and rupee are to remain stressed until the 2019 polls | Business Standard Column
Any criticism (even minor) of the government’s economic management elicits a stock response: we have the fastest-growing economy, strong macro fundamentals and are in a
Truth and spin | The Indian Express
While inaugurating the Indian Post Payments Bank on September 1, the prime minister attacked the Congress after awarding a gold medal to himself for the
Re-import of the exported goods allowed duty free, says expert | Business Standard News
We had exported certain goods without payment of Goods and Services Tax (GST) under legal undertaking. The buyer had paid for the goods. However,the buyer says that he wants to send back
Dark clouds hanging over India’s external front – The Hindu BusinessLine
The spike in global crude prices has worsened the current account deficit. But the inability of IT exports to match imports of electronics and IT
Just top 10 crore Indians are responsible for rising current account deficit – The Economic Times
CAD is likely to touch 2.8 per cent of GDP in the current financial year on surge in crude oil prices and moderate growth in
Rupee: Curbs on imports to bring rupee to 68-70 level: DEA Secy – The Economic Times
The government will “very soon” implement the second set of measures including curb on imports of non-essential items to shore up rupee to 68-70 level against the US dollar, Economic
Fluctuating rupee, regulations make real estate more lucrative for NRIs – The Financial Express
A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts
Across the Aisle: Five steps to Nirvana – The Financial Express
Across the Aisle: Five steps to Nirvana The government has tacitly acknowledged that the economy faces a crisis. The ‘crisis managers’ met with the Prime
Needed: A strategy to revive exports | Business Standard Column
At the heart of India’s growing exposure to potential external economic shock is the fact that the country is suffering a widening deficit in trade-related
Commerce Ministry rues steep decline in export credit – The Hindu BusinessLine
The Commerce Ministry has decided to take up with the RBI, the Finance Ministry and banks, the problems faced by exporters due to a sharp
Lessons from the slide of the rupee – The Hindu BusinessLine
Recent measures by the government will help in the short term. For the long term, greenfield FDI and non-oil exports are vital Our external sector
GST refunds: Already late, e-wallet to miss October deadline – The Financial Express
The roll-out of an e-wallet mechanism for exporters under the goods and services tax (GST) regime may be delayed again beyond the proposed date of
What does BoP indicate – The Hindu BusinessLine
The rupee has been depreciating sharply this year, thanks to stress in external account. Here’s a closer look at some of the pain-points With the
Tax Refund Regime | GST: Easier tax refund regime for exporters in the works
Govt may announce steps over next few days to streamline process & speed up repayments. The government is examining the tax refund mechanism for exporters under goods and services