The Federal Reserve’s decision to raise policy rates by 25 basis points to 1.75% and forecast a steeper path of hike in 2019 and 2020
Category: EXIM
Worry for Modi? UBS sees India’s external finances at risk despite high forex reserves – The Financial Express–23-03-2018
India’s record foreign exchange reserves somewhat mask the country’s vulnerability on its external finances. That’s the takeaway from a note by UBS Group AG’s India
India’s CAD trouble to not end soon! ICRA says it may treble to $10-12 billion this quarter – The Financial Express– 23-03.2018
The country’s current account deficit (CAD) is likely to treble to USD 10-12 billion in the fourth quarter of the current financial year, against the
Is the economy back on track? – The Hindu
YES |Jagdish Shettigar Disturbances on account of demonetisation and GST were purely short term Looking at various indicators such as an increasing trend in the
Modi can do better, indicate Raghuram Rajan’s recent comments – The Financial Express–21.03.2018
Raghuram Rajan, the former RBI governor known for his candid personality that continues to make him quite popular in India even after leaving the office in 2016,
Disappointing agriculture policy: Leaves room for future bans on exports of rice, wheat etc – The Financial Express–21.03.2018
The biggest bottleneck where India’s agri-exports are concerned has been the arbitrary policy framework; governments have been prone to clamping down on exports of one
GST–Absence of GST refund mechanism hits gold demand from tourists, NRIs – The Economic Times-203.03.2018
Foreign tourists and NRIs visiting India are not investing in gold jewellery like before as there is no mechanism to refund the GST on their
Narendra Modi: India’s net exports not doing well: Bibek Debroy – The Economic Times–20.03.2018
India’s net exports are not doing well even as the global economy is on the recovery path, Bibek Debroy, the head of Economic Advisory Council
Exchange rate not just the RBI’s baby–Economic Times–20.03.2018
India’s exchange rate is a stumbling block in rapid export growth and the country will miss out on the opportunity to cash in on the
Economy+Budget–+ PNB scam fallout: Probably some PSBs no longer need to exist, says Debroy | Business Standard News–19.03.2018—–*****
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to
Higher CAD puts India at risk from volatile FII flows – The Financial Express–17.03.2018
Thanks to decent FDI and portfolio flows into the bond markets, the capital account surplus so far has been robust. Although the capital account surplus
RBI needs to work with govt to take action against PSBs, says Rangarajan | Business Standard News–17.03.2018—–*****
C Rangarajan, former head of the country’s Reserve bank (RBI) says the regulator does have formal supervisory powers over government-owned lenders but also needs to
current account deficit: Current Account deficit widens to 2% of GDP on higher oil import bill – The Economic Times–17.03.2018—–*****
The trade deficit had hit a 56-month-high in the month of January before narrowing in the month of February. Current account deficit (CAD)- excess of
Ban on LoUs will squeeze trade edit–Economic Times–17.03.2018
The Reserve Bank of India’s (RBI) fiat to discontinue letters of undertaking (LoUs) and letters of comfort for importers to prevent their misuse is a
RBI has enough powers to supervise banking sector, says former chief C Rangarajan – The Financial Express–17.03.2018
Disagreeing with RBI Governor Urjit Patel, former central bank chief C Rangarajan today said the Reserve Bank has ‘enough powers’ to supervise the banking sector,
India’s Oct-Dec current account deficit widens on higher imports; expert says more bad news ahead – The Financial Express–17-03-2018
India’s October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank of India showed on Friday.
New Delhi to seek 8 years to phase out export subsidies at WTO – Business Line–16.03.2018
India will make a case for an eight-year transition period to phase out its export subsidies at the consultations sought by the US at the
Export sector on edge as US locks horn with India on subsidies – The Economic Times–15.03.2018
The US’ decision to challenge Indian export subsidy schemes at World Trade Organisation (WTO) is an area of grave concern for domestic traders and the
Export growth: Slow GST refunds, volatile currency may hit Feb numbers, too | Business Standard News–15.03.2018
The slowdown seen of late in India’s export growth rate is likely to continue in February as well, thanks to a slow disbursement of Goods
Flipping the protectionist coin | Business Standard Column–15.03.2018
Budget 2018 elicited a range of reactions from all corners. While many were sceptical about the announcements, more sanguine individuals hoped for crucial amendments in