The Export-Import Bank of India (Exim Bank) would do the macro analysis and specifics will be done by some expert consultants. The commerce ministry would
Category: EXIM
Exporters file over 10,000 applications for GST refunds – The Financial Express–04.12.2017
The Central Board of Excise and Customs (CBEC) had last month started refunds for exporters of goods who have paid IGST and have claimed refund
Commerce Secretary Rita Teaotia for review of import duty on gold – The Financial Express–02.12.2017
Commerce Secretary Rita Teaotia today made a case for reviewing the import duty on gold with a view to curb arbitrage opportunities resulting from FTAs
Rupee downward turn trigger may be a global equity collapse early next year; Jamal Mecklai explains – The Financial Express–01.12.2017
From time to time, the financial papers print forecasts of the future of the rupee, taking inputs from banks, consultants and other interested parties. These
GST maze leaves exporters sulking for refunds | Business Standard News–01.12.2017
In its 22nd meeting on October 6, the Goods and Services Tax (GST) Council had asked the government to quickly refund to exporters the Integrated
Pending GST refunds, technical glitches continue to hold up exports | Business Standard News–30.11.2017
Five months after the roll out of the goods and service tax (GST) regime, exporters have pointed out that last mile, procedural issues continue to
Exports from India falter; not the rupee, here are the factors to be blamed – The Financial Express–29.11.2017
At a time when both global growth and trade are perking up, India’s exports aren’t seeing any traction. In fact, disconcertingly, the growth in exports
Garment makers fear exports will drop 15% to $14 billion this fiscal | Business Line–29.11.2017
Garment manufacturers are apprehensive of an over 15 per cent drop in exports in 2017-18 to $14 billion, from $17 billion a year ago, because
GST’s real gain is efficiency and sustainability | analysis | Hindustan Times–29.11.2017
The implementation of the Goods and Services Tax (GST), considered to be the most important policy change in India since economic liberalisation, has the potential
Crisil’s urges focus on labour-intensive sector’s issues as exports fall | Business Standard News–28.11.2017
At a time when global trade is set to accelerate, the fall in India’s export is disquieting and structural changes in labour-intensive sectors such as
Rs 50,000 crore of exporters’ GST refund stuck | Business Standard News–27.11.2017
At least Rs 50,000 crore worth of goods and services tax (GST) refunds of exporters for four months are stuck, impacting working capital and outbound
Apr-Oct trade deficit soars 60% to $88 billion: Report – The Economic Times–23.11.2017
Trade deficit has ballooned to USD 88 billion between April and October, up 60 per cent from the comparable period a year ago due to
Revival is on the horizon, with Indian public docilely adjusting to the twin shocks of demonetisation and GST–23.11.2017
The most charitable way to describe the recent shock of demonetisation, followed by a rushed implementation of GST, is to discount it as creative chaos.
With oil prices rising, try more self-reliance–23.11.2017
Prime Minister Narendra Modi was lucky that oil prices were low when he took over in 2014, so he could tackle the economy that was
GST Tax Slab: 12% & 18% GST slabs may be merged, 28% for demerit goods: Arvind Subramanian – The Economic Times–22.11.2017
The government may combine the 12 per cent and 18 per cent slabs for goods and services tax (GST) into one in the near future
GST rules changed on refund claims | Business Standard Column–20.11.2017
The finance ministry has decided that applications/documents/forms pertaining to refund claims on account of certain zero-rated supplies shall be filed and processed manually till further
The dangers of an overvalued rupee | Business Standard News–19.11.2017
An export-led growth strategy with appropriate structural reforms, comprising liberalisation and an open economy, results in sustained productivity-led growth, as exports promote better resource allocation,
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is