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.
Category: EXIM
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
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–15-03-2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
Raghuram Rajan says 80:20 scheme was launched to create jobs, combat gold crunch–Business Today–14.03.2018
Breaking his silence over the PNB fraud, former RBI governor Raghuram Rajan on Tuesday said that “before we assign blame, we have to know what
Objective criteria followed in liberalising 80 20 scheme Rajan – BW Businessworld–14.03.2018
Amid questions being raised over the 80:20 gold import scheme, former RBI Governor Raghuram Rajan today said “objective criteria” was followed in liberalising the scheme
What was the 20:80 gold import scheme? – The Hindu–14.03.2018
In response to a stressed current account deficit in 2012-13 due to a surge in gold imports, the government at the time introduced an import
Objective criteria followed in liberalising 80:20 gold import scheme: Rajan | Business Standard News–14.03.2018
Amid questions being raised over the 80:20 gold import scheme, former RBI Governor Raghuram Rajan on Tuesday said “objective criteria” was followed in liberalising the
E-commerce policy: Government pitches for national e-commerce policy–Economic Times–14.03.2018
The government on Wednesday made a case for a national e-commerce policy and a related consolidated legal framework to address the challenges of the sector
Signs of industrial recovery, at last–Economic Times–14.03.2018
The latest figures suggest a welcome boom in the industrial economy, with growth trends perhaps the strongest in two decades. The Index of Industrial Production
Imports– ‘GST evasion taking place via black marketing, undervaluing imports’ – The Economic Times–13.03.2018
Less than nine months into the GST regime, revenue authorities have detected rampant tax evasion through black market and under-valuing of imports. Big data analytics
Govt blames UPA II FM Chidambaram for relaxing 80:20 gold import scheme | Business Standard News–13.03.2018
The central government blamed ex-Union finance minister P Chidambaram for deciding to relax the 80:20 gold import scheme three days before the 2014 general election,
War of words over state of economy–The Telegraph–11.03.2018
The state of the economy came in for sharp criticism from the Congress-led Opposition, which blamed the government’s handling of the economy for the fall
It is good government is rolling out E-Way Bill in a staggered manner: Sachin Menon, KPMG – The Economic Times–11.03.2018
Talking to ET Now, Sachin Menon, Head of Indirect Tax, KPMG, says even in cases where the system is working, officers are sitting on the
No decision on GST return simplification, E-Way bill to be implemented from April 1 – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday failed to come up with any conclusive simplification process after deliberating on two models and has now postponed
GST Council defers e-Wallet by 6 months, current system of tax exemptions for exporters to continue – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday decided to defer the implementation of the e-Wallet scheme by six months and exporters presently availing various export
Scrapping 80:20 scheme helped Nirav, Choksi: Congress – The Economic Times–09.03.2018
Accusing the BJP of “downright lies, deliberate falsehood and desperate diversion”, Surjewala said it is like the “pot is calling the kettle black”. The Congress
GST Council’s Saturday meet to sort out filing, E-Way Bill issues – Business Line–09.03.2018
The Centre and States are set to iron out the wrinkles in the Goods and Services Tax including a simplified return filing process and the