Finance Minister Arun Jaitley Monday blamed the depreciation of rupee to a combination of global factors, including trade war and internal policy decisions of the United States.
Category: EXIM
The fair value of rupee | Business Standard Column
While the recent fall of the rupee against the dollar has raised concerns, the moot point here is — has the rupee really fallen. Leave aside the dollar, which
Rupee resumes fall as govt measures fail to click – The Hindu BusinessLine
It was a volatile week for the Indian rupee. The currency tumbled to a new record low of 72.91 on Wednesday, and recovered sharply from
Rupee in a global world | The Indian Express
The crux of the problem is that India’s macroeconomic framework is based on an antiquated belief that the economy is closed when in reality it
Welcome commitment to hold the rupee
The government has done well to try and address concerns on the rupee. The most credible and reassuring statement is that the government would not
Commerce Ministry eases process to avail export incentives under MEIS scheme – The Financial Express
The commerce ministry’s foreign trade arm DGFT has simplified the procedure for traders to avail export incentives under the MEIS scheme, a move aimed at
Gold industry worried that govt will curb imports to stem CAD, rupee fall | Business Standard News
The government’s decision to put curbs on imports of non-essential commodities has sent ripples through the gold industry. In the past too, the yellow metal
Retrospective amendments in GST transitional provisions have shocked biz | Business Standard Column
When the new indirect tax regime came into effect on July 1 last year, the transition provisions allowed businesses to transition CENVAT credit as an input credit
No cut in capital expenditure in current fiscal as it is necessary for growth: Arun Jaitley – The Economic Times
Govt will stick to 3.3% fiscal deficit target, says Jaitley FinanceNSE 2.54 % minister Arun Jaitley today said that the government will end the current fiscal year without
india exports: Government should focus on boosting exports, import curbs may not help control CAD: FIEO – The Economic Times
The government should focus primarily on boosting exports to check the widening current account deficit as imposing curbs on imports may not have a significant
Government’s measures to stop depreciation of rupee ‘half-hearted’: P Chidambaram – The Financial Express
“Government’s five “measures” announced yesterday are half-hearted and too late. Because government was in denial,” the former Finance Minister said on Twitter. Senior Congress leader P. Chidambaram
Intensive care for exports | Business Standard Column
The current government started its tenure with a manifest agenda of nursing economic growth, infrastructure development, and augmenting job creation. These economic objectives are intricately
JPMorgan: Govt may have to sacrifice growth to reduce fiscal deficit: Jahangir Aziz, JPMorgan – The Economic Times
Fix CAD, fiscal deficit first: Jahangir Aziz, JPMorgan Highlights When CAD and fiscal deficit go up, bond yields go up and exchange rate depreciates. The
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official – The Financial Express
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official The government is determined to keep fiscal
Structural reforms needed to fix CAD challenges | Business Standard Column
India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). India’s
Blow to exporters | Business Standard Editorials
At a time when India is once again facing a rising current account deficit, it is reasonable to ask why the problem of an inability
Global financial crisis: How India can look ahead by looking back | Business Standard News
As a backstop to banks, a vibrant corporate debt market is absolutely essential for risk diversification In March 2007, I accompanied Axle Weber then President
‘In FOB contract, seller must bear the charges for loading cargo on vessel’ | Business Standard News
We have a contract on FOB basis and the cargo is to be shipped mainly in break bulk mode. The customer (buyer) will arrange the
RBI: India worried about rupee drop, mulls tapping NRIs – The Economic Times
A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to
ECGC should provide liberal insurance cover to promote exports: FIEO – The Financial Express
Federation of Indian Export Organisations (FIEO) President Ganesh Gupta said the claims made by exporters should be settled on time and not rejected outrightly. The
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